Focusrite (TUNE)

Sector:

Leisure Products

Index:

FTSE AIM 100

397.00p
   
  • Change Today:
      9.50p
  • 52 Week High: 595.00
  • 52 Week Low: 285.00
  • Currency: UK Pounds
  • Shares Issued: 59.21m
  • Volume: 35,210
  • Market Cap: £235.07m

Focusrite's Q1 gets a boost from ADAM Audio acquisition

By Iain Gilbert

Date: Friday 20 Dec 2019

LONDON (ShareCast) - (Sharecast News) - Music and audio products company Focusrite told shareholders at its annual general meeting on Friday that total revenues within the Focusrite and Novation businesses slipped throughout the first quarter.
Focusrite and Novation's first-quarter product revenues were said to be "similar" to the prior year, although total revenues came in lower as a result of a one-off gain in 2019 and the adverse effect of a strengthening pound during the first quarter of 2020.

However, for the group as a whole, revenue was still higher year-on-year, helped by the acquisition of ADAM Audio in July 2019.

ADAM Audio finished the first quarter in line with expectations and ahead of prior year comparatives.

As of 0940 GMT, Focusrite shares were down 2.94% at 595p.

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Focusrite Market Data

Currency UK Pounds
Share Price 397.00p
Change Today 9.50p
% Change 2.45 %
52 Week High 595.00
52 Week Low 285.00
Volume 35,210
Shares Issued 59.21m
Market Cap £235.07m

Focusrite Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
29.21% below the market average29.21% below the market average29.21% below the market average29.21% below the market average29.21% below the market average
55.56% above the sector average55.56% above the sector average55.56% above the sector average55.56% above the sector average55.56% above the sector average
Price Trend
66.9% below the market average66.9% below the market average66.9% below the market average66.9% below the market average66.9% 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
71.5% below the market average71.5% below the market average71.5% below the market average71.5% below the market average71.5% below the market average
33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average
Growth
73.86% below the market average73.86% below the market average73.86% below the market average73.86% below the market average73.86% 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
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

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 14-Jun-2024

Time Volume / Share Price
16:35 974 @ 397.00p
16:35 683 @ 397.00p
16:35 291 @ 397.00p
16:13 11,500 @ 385.00p
15:03 2,865 @ 385.00p

Focusrite Key Personnel

CEO Timothy Paul Carrol

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