Logitech reported for the 2017 financial year, retail sales growth was the highest over the past six years

Logitech has published a report for the fourth quarter of 2017 fiscal year ending it March 31, and for the entire year.

Quarter was successful for the manufacturer, whose name is firmly associated with computer peripheral devices. Income has reached 496 million dollars. Compared to the previous year, retail sales grew by 17% and operating profit more than doubled and reached 22 million dollars.

Sales overall for the year amounted to 2.21 billion dollars. This figure is 9% more than in fiscal year 2016.

Retail sales for the year increased by 14%, which is the highest growth rate over the past six years. Operating profit for the year increased by 53% and amounted to 197 million dollars.

Source: Logitech

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