Focusrite (TUNE)

Sector:

Leisure Products

Index:

FTSE AIM 100

365.00p
   
  • Change Today:
    -5.00p
  • 52 Week High: 595.00
  • 52 Week Low: 285.00
  • Currency: UK Pounds
  • Shares Issued: 59.21m
  • Volume: 442,035
  • Market Cap: £216.12m

Focusrite wins its fifth Queen's Award

By Josh White

Date: Thursday 28 Apr 2022

LONDON (ShareCast) - (Sharecast News) - Audio hardware company Focusrite announced on Thursday that its subsidiary Focusrite Audio Engineering (FAEL) had won the Queen's Award for Enterprise for international trade, announced in Her Majesty's Platinum Jubilee year.
The AIM-traded firm said it was the fifth Queen's Award it had received, and the third time it acknowledged the "outstanding and sustained growth" of its international sales.

FAEL previously won the Queen's Award for Innovation in 2008 and 2018, and the Queen's Award for Enterprise for international trade in 2012 and 2016.

Another Focusrite subsidiary, Martin Audio, previously won the Queen's Award for Innovation in 2021 for its 'Wavefront Precision' optimised line arrays.

"Since 1989, Focusrite has been a notable brand in the world of music recording and it has become pre-eminent in the development of computer-based recording, the standard approach these days," said founder and non-executive chairman Phil Dudderidge.

Chief executive officer Tim Carroll added that Focusrite was "extremely proud" to receive another Queen's Award.

"Each one we have won is near and dear to our hearts as they are the culmination of much hard work and a great team effort.

"As we continue to grow our global footprint as a proud British brand, being recognised again for the Queen's Award for Enterprise for international trade is such an honour."

At 0928 BST, shares in Focusrite were flat at 1,045p.

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Focusrite Market Data

Currency UK Pounds
Share Price 365.00p
Change Today -5.00p
% Change -1.35 %
52 Week High 595.00
52 Week Low 285.00
Volume 442,035
Shares Issued 59.21m
Market Cap £216.12m

Focusrite Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
27.85% below the market average27.85% below the market average27.85% below the market average27.85% below the market average27.85% below the market average
20% below the sector average20% below the sector average20% below the sector average20% below the sector average20% below the sector average
Price Trend
69.47% below the market average69.47% below the market average69.47% below the market average69.47% below the market average69.47% below the market average
81.82% below the sector average81.82% below the sector average81.82% below the sector average81.82% below the sector average81.82% below the sector average
Income
72.11% below the market average72.11% below the market average72.11% below the market average72.11% below the market average72.11% below the market average
20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average
Growth
74.13% below the market average74.13% below the market average74.13% below the market average74.13% below the market average74.13% below the market average
81.82% below the sector average81.82% below the sector average81.82% below the sector average81.82% below the sector average81.82% below the sector average

What The Brokers Say

Strong Buy 3
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 4
strong_buy
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Focusrite Dividends

  Latest Previous
  Interim Final
Ex-Div 09-May-24 28-Dec-23
Paid 10-Jun-24 31-Jan-24
Amount 2.10p 4.50p

Trades for 03-May-2024

Time Volume / Share Price
14:06 195,000 @ 370.64p
16:39 1,000 @ 365.00p
16:39 1,000 @ 365.00p
16:38 6,500 @ 365.00p
16:38 6,500 @ 365.00p

Focusrite Key Personnel

CEO Timothy Paul Carrol

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