Utilico Insights - Jacqueline Broers assesses why Vietnam could be the darling of Asia for investors. Watch the full video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksFocusrite Share News (TUNE)

Share Price Information for Focusrite (TUNE)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 335.00
Bid: 330.00
Ask: 340.00
Change: 5.00 (1.52%)
Spread: 10.00 (3.03%)
Open: 330.00
High: 335.00
Low: 330.00
Prev. Close: 330.00
TUNE Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Focusrite revenues boosted by strong European showing

Tue, 19th Mar 2019 10:42

(Sharecast News) - Music and audio products supplier Focusrite saw revenues move ahead in the first half of its trading year, driven by particularly strong sales in Europe.Sales in Focusrite's current financial year ending 31 August have improved, with revenue increasing to approximately £40m, a touch ahead of the £38.8m turned in a year earlier.Focusrite also expects profits to come in ahead when compared with the first half of its last financial year, which itself was a record period for the group.The AIM-listed firm revealed sales had been "particularly strong" in Europe and that its portfolio of products had "performed well globally" thanks to continued investment in product development, innovation and sales and marketing.Chief executive Tim Carroll said: "We are pleased with the outcome for the half year with profit and cash having grown and revenue, in line with our expectations, slightly ahead of the record half-year in 2018."We remain very watchful of macroeconomic and political factors that affect our business, most notably import tariffs in the US and Brexit uncertainty, but have in place strategies to deal with any significant changes to the status quo."Carroll also added that the strength of Focusrite's new product pipeline gave it a great deal of confidence going forward.As of 1040 GMT, Focusrite shares had picked up 1.84% to 526.50p.
More News
19 Mar 2024 09:32

Berenberg slashes target price on Focusrite following profit warning

(Sharecast News) - Analysts at Berenberg slashed their target price on audio products manufacturer Focusrite from 700.0p to 410.0p on Tuesday following the group's profit warning a day earlier.

Read more
19 Mar 2024 09:21

LONDON BROKER RATINGS: Investec cuts ConvaTec; RBC raises Vistry

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:

Read more
18 Mar 2024 11:16

Focusrite shares plummet as expects annual revenue fall

(Alliance News) - Focusrite PLC on Monday cited continued challenging market expectations but said business in its Audio Reproduction division remains robust.

Read more
18 Mar 2024 10:05

AIM WINNERS & LOSERS: Clontarf raises GBP400,000; Faron jumps

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday.

Read more
18 Mar 2024 09:39

Focusrite warns on FY profits amid 'challenging market conditions'

(Sharecast News) - Audio products business Focusrite warned on Monday that full-year revenue and profits would be lower than consensus estimates as a result of "challenging market conditions" and continued weakness in Asia.

Read more
18 Mar 2024 08:49

LONDON MARKET OPEN: Marshalls downgrades outlook on earnings hit

(Alliance News) - Stock prices in London opened mixed on Monday, with the FTSE 100 treading water, as investors look ahead to a week of interest rate decisions.

Read more
24 Jan 2024 14:33

UK dividends calendar - next 7 days

Thursday 25 January 
abrdn Asian Income Fund Ltdex-dividend payment date
Bankers Investment Trust PLCex-dividend payment date
Brickability Group PLCex-dividend payment date
Carr's Group PLCex-dividend payment date
City of London Investment Trust PLCex-dividend payment date
CQS Natural Resources Growth & Income PLCex-dividend payment date
CQS New City High Yield Fund Ltdex-dividend payment date
Ferrexpo PLCex-dividend payment date
Foresight Solar Fund Ltdex-dividend payment date
Henderson Far East Income Ltdex-dividend payment date
JPMorgan Claverhouse Investment Trust PLCex-dividend payment date
Pennon Group PLCex-dividend payment date
RWS Holdings PLCex-dividend payment date
Sequoia Economic Infrastructure Income Fund Ltdex-dividend payment date
Solid State PLCex-dividend payment date
Tracsis PLCex-dividend payment date
Tufton Oceanic Assets Ltdex-dividend payment date
Victrex PLCex-dividend payment date
Global Smaller Cos Trust PLCdividend payment date
Law Debenture Corp PLCdividend payment date
Schroder European Real Estate Investment Trust PLCdividend payment date
Sirius Real Estate Ltddividend payment date
Smart Metering Systems PLCdividend payment date
Volta Finance Ltddividend payment date
Friday 26 January 
abrdn Private Equity Opportunities Trust PLCdividend payment date
Auto Trader Group PLCdividend payment date
Big Yellow Group PLCdividend payment date
Burberry Group PLCdividend payment date
Caledonia Mining Corp PLCdividend payment date
Character Group PLCdividend payment date
Cranswick PLCdividend payment date
Foresight Group Holdings Ltddividend payment date
Henderson High Income Trust PLCdividend payment date
IntegraFin Holdings PLCdividend payment date
International Biotechnology Trust PLCdividend payment date
Iomart Group PLCdividend payment date
James Latham PLCdividend payment date
JPMorgan Global Emerging Markets Income Trust PLCdividend payment date
Marble Point Loan Financing Ltddividend payment date
Martin Currie Global Portfolio Trust PLCdividend payment date
Montanaro European Smaller Cos Trust PLCdividend payment date
Schroder Income Growth Fund PLCdividend payment date
Templeton Emerging Markets Investment Trust PLCdividend payment date
Ultimate Products PLCdividend payment date
Value & Indexed Property Income Trust PLCdividend payment date
Walker Crips Group PLCdividend payment date
Monday 29 January 
J Smart & Co (Contractors) PLCdividend payment date
Mondi PLCex-dividend payment date
Tuesday 30 January 
no events scheduled 
Wednesday 31 January 
Albion Venture Capital Trust PLCdividend payment date
Amedeo Air Four Plus Ltddividend payment date
Artemis Alpha Trust PLCdividend payment date
Balanced Commercial Property Trust Ltddividend payment date
CT Private Equity Trust PLCdividend payment date
Doric Nimrod Air Three Ltddividend payment date
Doric Nimrod Air Two Ltddividend payment date
dotDigital Group PLCdividend payment date
DS Smith PLCdividend payment date
European Assets Trust PLCdividend payment date
Focusrite PLCdividend payment date
Lowland Investment Co PLCdividend payment date
Middlefield Canadian Income PCCdividend payment date
Mitie Group PLCdividend payment date
Shires Income PLCdividend payment date
Triad Group PLCdividend payment date
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
19 Jan 2024 11:25

IN BRIEF: Focusrite buoyant over prospects despite initial challenges

Focusrite PLC - High Wycombe-based music and audio products firm - Ahead of its annual general meeting at midday on Friday, says it is "optimistic" about the company's future prospects. Says it has continued to pursue its mergers & acquisition strategy. Nevertheless, says that in the first four months of the financial year ending August 31, its Content Creation division faced ongoing industry-wide market challenges, especially in Asia and in Europe, the Middle East and Africa regions. Whilst this has had some impact on sales, it notes that underlying registrations for its key Scarlett products reflect solid ongoing demand. Non-executive Chair Phil Dudderidge says: "We continue to see tangible results stemming from our strategic diversification efforts, which enhance our resilience in the face of global and industry-wide challenges."

Read more
19 Jan 2024 10:38

Focusrite flags ongoing challenges in content creation market

(Sharecast News) - Music and audio technology company Focusrite said in a trading update on Friday that its content creation division encountered ongoing market challenges during the first four months of the financial year, particularly in Asia and among traditional 'bricks and mortar' resellers in the Europe, Middle East and Africa (EMEA) region.

Read more
12 Jan 2024 15:06

UK shareholder meetings calendar - next 7 days

Monday 15 January 
88 Energy LtdGM re fundraising
Mondi PLCGM re special dividend
SRT Marine Systems PLCGM re fundraising
Strip Tinning Holdings PLCGM re fundraising
Tuesday 16 January 
ACG Acquisition Co LtdEGM re extension of acquisition deadline
Catalyst Media Group PLCAGM
Gelion PLCGM re accounts and reappointment of auditors
Hotel Chocolat Group PLCGM re acquisition by Mars Inc
Troy Income & Growth Trust PLCAGM
Wednesday 17 January 
City Pub Group PLCGM re recommended cash acquisition by Young & Co's Brewery PLC
Diploma PLCAGM
Forward Partners Group PLCGM re takeover offer from Molten Ventures PLC
Impellam Group PLCGM re acquisition by Headfirst Global
Kazera Global PLCAGM
Majedie Investments PLCAGM
Orcadian Energy PLCAGM
Thursday 18 January 
Baillie Gifford European Growth Trust PLCAGM
J Smart & Co (Contractors) PLCAGM
tinyBuild IncGM re fundraise
Topps Tiles PLCAGM
Friday 19 January 
Cardiff Property PLCAGM
Focusrite PLCAGM
Substrate Artificial Inteligence SAGM re investment agreement and issue of equity
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
21 Dec 2023 15:43

UK dividends calendar - next 7 days

Friday 22 December 
BlackRock World Mining Trust PLCdividend payment date
FRP Advisory Group PLCdividend payment date
Investec PLC and Ltddividend payment date
Ninety One PLC and Ltddividend payment date
Record PLCdividend payment date
Schroder Real Estate Investment Trust Ltddividend payment date
SDCL Energy Efficiency Income Trust PLCdividend payment date
Tristel PLCdividend payment date
Monday 25 December 
no events scheduled 
Tuesday 26 December 
no events scheduled 
Wednesday 27 December 
no events scheduled 
Thursday 28 December 
Babcock International Group PLCdividend payment date
BT Group PLCex-dividend payment date
Cerillion PLCex-dividend payment date
Develop North PLCdividend payment date
Focusrite PLCex-dividend payment date
Gore Street Energy Storage Fund PLCex-dividend payment date
Grainger PLCex-dividend payment date
Jet2 PLCex-dividend payment date
JPMorgan European Discovery Trust PLCex-dividend payment date
Lowland Investment Co PLCex-dividend payment date
North American Income Trust PLCex-dividend payment date
Schroder AsiaPacific Fund PLCex-dividend payment date
Schroder European Real Estate Investment Trust PLCex-dividend payment date
Schroder Income Growth Fund PLCex-dividend payment date
Troy Income & Growth Trust PLCex-dividend payment date
Ultimate Products PLCex-dividend payment date
Value & Indexed Property Income Trust PLCex-dividend payment date
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
19 Dec 2023 12:21

Focusrite shares rise as buys audio reproduction firm OutBoard

(Alliance News) - Focusrite PLC on Tuesday said it has agreed to buy audio technology firm Sheriff Technology Ltd for up to GBP3.6 million.

Read more
19 Dec 2023 10:06

Focusrite acquires Sheriff Technology

(Sharecast News) - Audio products group Focusrite revealed on Tuesday that it has acquired entertainment technologies group Sheriff Technology.

Read more
28 Nov 2023 14:44

EARNINGS: Altitude swings to profit; Kinovo profit surges

(Alliance News) - The following is a round-up of earning and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

Read more
28 Nov 2023 09:25

Focusrite revenue, earnings fall in final results

(Sharecast News) - Music and audio products company Focusrite reported a 2.9% decrease in revenue in its final results on Tuesday, to £178.5m.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.