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TMT SUMMIT:Logitech Expects Higher Growth In Emerging Markets

By Archibald Preuschat Of DOW JONES NEWSWIRES BARCELONA -(Dow Jones)- Swiss computer peripherals maker Logitech International SA (LOGN.VX) expects emerging markets to generate higher sales growth for the company than elsewhere, Chief Financial Officer Erik Bardman said Wednesday. For its main products, including keyboards and computer mice, Logitech expects to achieve annual sales growth of 10% in the medium term across all markets, but forecasts higher rates in emerging markets, Bardman said at the annual Morgan Stanley Technology, Media and Telecoms conference in Barcelona. He added that he sees significant potential in China and Eastern Europe. Growth rates for products used in digital homes--specially equipped houses for which Logitech supplies products--are expected to be higher, at around 25%, Bardman said. Logitech has a partnership with Google Inc. (GOOG), providing hardware for the U.S. company's television project. "We have a very good partnership with Google," Bardman said, but didn't elaborate as it is "early days." -By Archibald Preuschat, Dow Jones Newswires; +49 211 13872 18; archibald.preuschat@dowjones.com

Stock News for Logitech International S.a. - Registered (LOGI)
DateTimeHeadline
06/25/201517:16:40Current Report Filing (8-k)
06/25/201517:00:00Logitech Announces Sue Gove, Lung Yeh and Edouard Bugnion as...
06/25/201509:00:00Lifesize Extreme Support Team and Executive Receive Gold Stevie...
06/16/201504:00:00Ultimate Ears Introduces New Mobile Speaker Designed for Whatever...
06/13/201514:19:035 Gadgets Under $100 That Will Blow Your Mind
06/11/201504:03:00Logitech G Introduces Force Feedback Racing Wheel for the PlayStation®4
06/11/201504:00:00Logitech G Introduces First Force Feedback Racing Wheel for Xbox...
06/10/201504:00:00Logitech Simplifies Connecting Your PC to Your TV with New Living...
06/05/201517:15:00Logitech Files Annual Report on Form 10-K
06/05/201517:05:59Annual Report (10-k)
06/02/201517:02:38Notification That Annual Report Will Be Submitted Late (nt 10-k)
06/02/201501:00:00Logitech to File Form 12b-25
05/29/201519:01:17Statement of Changes in Beneficial Ownership (4)
05/29/201518:59:51Statement of Changes in Beneficial Ownership (4)
05/29/201517:27:05Specialized Disclosure Report (sd)
05/26/201504:00:00Logitech Harmony Brings Home Control to All Harmony Hub Users
05/21/201509:00:00Lifesize Expands Global Cloud Video Service to Support 15 Languages
05/19/201504:00:00Seven Logitech Products Recognized With International Design...
05/14/201517:29:20Statement of Changes in Beneficial Ownership (4)
05/14/201506:02:52Current Report Filing (8-k)

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