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Logitech International: Logitech Increases Fiscal Year 2021 Outlook, Raises Long-Term Financial Model
Strong Secular Growth Trends Expected to Continue
In advance of a meeting to be held with financial analysts and investors, Logitech International (SIX:LOGN) (Nasdaq:LOGI) today:
Raised its Fiscal Year 2021 annual outlook to approximately 63 percent sales growth in constant currency, and approximately $1.1 billion in non-GAAP operating income. The Company s previous outlook was between 57 and 60 percent sales growth in constant currency, and approximately $1.05 billion in non-GAAP operating income.
Announced its Fiscal Year 2022 annual outlook. Sales growth in constant currency is expected to be approximately flat, plus or minus 5 percent, and non-GAAP operating income is expected to be between $750 million and $800 million. This outlook reflects the Company s ongoing investments in marketing, hardware and software innovation and go-to-market capabilities, as well as confidence
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ROMANEL-SUR-MORGES (dpa-AFX) - Logitech International (LOGI) said it increased its outlook for fiscal year 2021 and also raised long-term financial model.The company raised its non-GAAP operating
March 01, 2021
OSLO The back-to-back downturns that exploration and production companies (E&Ps) have faced during the past decade have accelerated the energy transition, adding to growing social and regulatory demands for greener energy solutions.
This is putting the resilience of global upstream portfolios under pressure. Energy transition experts on Rystad Energy’s upstream team have now quantified the long-term risk of this change to oil prices and to the net present value (NPV) of global oil and gas portfolios.
In an analysis marathon that has generated a series of three commentaries and a report to its clients, Rystad Energy has assessed the way E&Ps are navigating the energy transition, based on energy diversification, portfolio resilience and decarbonization.