Swiss manufacturer of computer peripherals Logitech published a report on the work for the fourth quarter and the entire 2017 fiscal year. The company's revenue was the highest in the last six years.

According to the results of the three-month reporting period, closed on March 31, 2016, Logitech's sales reached $ 496 million against $ 430.8 million. Net profit decreased from 28.7 to 25 million dollars.

As a result of the entire fiscal year, Logitech raised $ 2.2 billion. Which is 13% more than a year ago. Net profit rose from 119.3 to 191.5 million dollars. Operating profit jumped 53% to $ 197 million, the highest result in a 9-year period.

The Logitech report says that in the fiscal year 2017, the company's total revenue came from retail, and these revenues were the highest in six years. In the previous year, the vendor still earned a bit on direct sales of products to computer and other equipment manufacturers.

"The performance of the fiscal year 2017 demonstrates the strength of our strategy," says Logitech CEO Bracken Darrell, whose words appear in a press release. - For the fourth year in a row we are increasing the pace of retail sales. We showed growth in almost all product categories and in all regions of the presence of ".

Previously, Logitech rebranded, introducing a new logo and trademark Logi, which reflect the company's business update. The European vendor is gradually distancing itself from the computer periphery to the accessories for mobile devices, although mouse and keyboard for the PC still bring Logitech much of the proceeds.

In the fourth fiscal year 2017, Logitech computer mouse sales totaled $ 115.9 million, which is 4% more than a year ago. The implementation of keyboards increased by 12%, to 118.2 million dollars.

The fastest growing business of Logitech was videoconferencing solutions, whose sales jumped by 70% in January-March 2017 relative to the same period of 2016. The volume of sales of acoustic systems for mobile devices increased by 61%. The implementation of computer audioopererii, devices for "smart" home and gaming products increased by 27%, 45% and 23% respectively. Sales of accessories for tablets and other devices fell by 45%, amounting to almost $ 17 million.