Retail sales of Logitech in the last quarter was a record
Logitech has published its latest quarterly report. In its reporting calendar 31 December ended the third quarter of 2017 financial year. According to the manufacturer, the end of the quarter was better than expected.
In particular, retail sales grew by 12% and reached the highest in the 35 year history of our company values. During the quarter, given the sales channels OEM, could fetch $ 667 mln, which is 7% higher than a year ago.
Operating profit for the year rose from 69 to 96 million dollars, that is by 41%. The manufacturer specifies that the calculation methodology GAAP gives an increase of 34% from 74 to 99 million dollars. Cash flow for the year has been increased from 151 to 234 million dollars.