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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; [email protected]

Stock News for Logitech International S.a. - Registered (LOGI)
DateTimeHeadline
02/14/201706:08:06Amended Statement of Ownership (sc 13g/a)
02/10/201717:36:29Statement of Changes in Beneficial Ownership (4)
02/10/201717:24:33Statement of Changes in Beneficial Ownership (4)
02/09/201708:08:00BizWireTV: Intel Drones Light Up the Super Bowl and Logitech...
02/07/201709:00:00Logitech ZeroTouch Brings Amazon Alexa to Your Car
02/07/201704:07:00Logitech Introduces Its Best Webcam Ever
02/07/201703:01:00Logitech Introduces Its Best Webcam Ever
02/06/201717:00:00Logitech Files Quarterly Report on Form 10-Q
02/06/201716:10:20Quarterly Report (10-q)
02/03/201716:11:52Amended Statement of Changes in Beneficial Ownership (4/a)
02/03/201716:07:32Amended Statement of Changes in Beneficial Ownership (4/a)
02/01/201703:01:00Logitech Transforms Presentations With Spotlight: Highlight...
01/25/201706:02:31Current Report Filing (8-k)
01/24/201721:00:00Logitech Reports Highest Retail Revenue in Company’s History
01/24/201703:01:00Logitech Sets Company Record With 15 GOOD DESIGN 2016 Awards
01/05/201717:00:00Logitech Announces Date for Release of Third Quarter Fiscal 2017...
01/04/201703:01:00Logitech G Unleashes Advanced Audio Performance With New PC Wireless...
01/03/201717:07:03Statement of Changes in Beneficial Ownership (4)
12/29/201618:15:09Statement of Changes in Beneficial Ownership (4)
12/13/201603:01:00Logitech Integrates Unique Intelligence Into Home Security Cameras...

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