Logitech livre un exercice record 2022 Ventes


Logitech international (SIX: CALMER) (Nasdaq: LOGI) a annoncé aujourd'hui les résultats financiers du quatrième trimestre et de l'exercice complet 2022, fin mars 31, 2022. “This year, nous avons maintenu notre échelle, delivering record sales on top of last year’s 74% sales growth,” said Bracken Darrell, Logitech president and chief executive officer. “We grew for the ninth straight year and grew market share across the portfolio. We also beat our original profit target by over $100 millions.

Despite strong year-over-year results, our focus is the long term. We’re riding secular growth trends in hybrid work, video collaboration, e-sports and digital content creation. We’ll continue to deliver against those with agility, operational excellence and a diverse, innovative portfolio. I’m excited for the future.

For Fiscal Year 2022:

  • Sales were Logitech’s highest ever at $5.48 milliards, up 4 percent in US dollars and 4 percent in constant currency compared to the prior year. This growth is on top of last year’s record sales which grew 76 percent in US dollars and 74 percent in constant currency. The Company’s sales have more than doubled in the past four years.
  • GAAP operating income declined 33 pour cent à $774 millions, par rapport à $1.15 billion a year ago. Non-GAAP operating income declined 29 pour cent à $904 millions, par rapport à $1.27 billion a year ago. This reflects the Company’s planned, strategic investments in marketing and product development to drive future growth, and significantly exceeds its original Fiscal Year 2022 non-GAAP operating income outlook. The Company has more than doubled its non-GAAP operating income versus two years ago.
  • GAAP earnings per share (EPS) declined 31 pour cent à $3.78, par rapport à $5.51 a year ago. Non-GAAP EPS declined 28 pour cent à $4.63, par rapport à $6.42 a year ago.

For Q4 Fiscal Year 2022:

  • Sales were $1.23 milliards, vers le bas 20 percent in US dollars and 17 percent in constant currency compared to Q4 of the prior year.
  • GAAP operating income declined 56 pour cent à $129 millions, compared to Q4 of the prior year. Non-GAAP operating income declined 52 pour cent à $156 millions, compared to Q4 of the prior year.

Perspectives
Logitech reduced its Fiscal Year 2023 outlook, removing the estimate of annual sales and profits that would have been generated in Ukraine and Russia. This reflects the current, uncertain environment in which the war in Ukraine continues without sign of resolution in the near term.

Sales growth in constant currency is now expected to be between 2 et 4 percent, and non-GAAP operating income is expected to be between $875 millions et $925 millions. Previously, sales growth in constant currency was expected to be in the mid single digits, and non-GAAP operating income was expected to be between $900 millions et $950 millions.