IN BRIEF: Focusrite expects second-half weighting in full-year results
31st Jan 2025 11:23
Focusrite PLC - High Wycombe, England-based software designer - Expects trading in the first six months of the year to be in line with expectations, ahead of its annual general meeting on Friday at noon. Anticipates its full-year performance to be second-half weighted, due to ongoing channel de-stocking in the first half. Its Content Creation division has seen underlying end-user registrations remain strong, while its Audio Reproduction division is still experiencing headwinds, in a "softening market following a post Covid boost". Says its order pipeline remains strong. Read More