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Focusrite improves FY pretax profit

By BFN News | 07:36 AM | Tuesday 22 November, 2016


Focusrite has improved its FY pretax profit to £7.1m, from £6.5m. Proposed final dividend was lifted to 1.3p a share, taking the total to 1.95p, from 1.8p. "Focusrite has had an excellent second year of trading as a public company," said executive chair Phil Dudderidge in a statement. "We have continued to grow revenue and correspondingly our profits as we deliver on our strategic goals. "There have been a number of drivers for this increase including an improving market share globally, a strong performance from new and existing products, and a number of new sales, marketing and distribution initiatives." Story provided by StockMarketWire.com

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