For the 2022/23 financial year, the company anticipates sales growth of around 5% as well as operating profit (Ebit) of between 900 and 950 million.
Less than a month from the end of its staggered 2021/22 financial year, Logitech confirmed its annual projections. The Valdo-Californian manufacturer of computer peripherals expects operating profit – non-GAAP – of between 850 and 900 million dollars, and revenue growth of between 2 and 5% excluding currency effects.
For the 2022/23 financial year, the company anticipates sales growth of around 5% as well as operating profit (Ebit) of between 900 and 950 million. In the process, Logitech also confirmed its strategic objectives, namely a growth of 8-10% as well as a non-GAAP gross margin between 14 and 17%.
“For many years, Logitech’s growth has been fueled by market trends in remote working, teleconferencing, esports and digital content creation,” Chief Executive Officer Bracken Darrell said. a statement. He believes that these trends are set to continue to develop strongly in the future.
