- Focusrite
- 04 November 2025 16:12:35
Source: Sharecast
The AIM-traded audio technology group said revenue rose 6.6% to £168.9m from £158.5m a year earlier, or 8.8% on an organic constant-currency basis.
Growth was led by an 11% increase in content creation revenue to £123m, driven by sustained demand for the Focusrite, Novation, ADAM and Sequential brands.
The audio reproduction division saw revenue decline 3.8% to £45.9m as post-pandemic demand normalised.
Gross margins remained broadly steady at 44.4%, reflecting pricing adjustments and manufacturing changes implemented to offset tariff increases of more than 20% on goods imported into the US.
Adjusted EBITDA came in at £24.7m, compared with £25.2m a year earlier, while operating profit rose to £9.4m from £5.7m, benefiting from the non-repeat of a prior-year impairment charge.
Basic earnings per share more than doubled to 9.2p from 4.5p, while adjusted diluted EPS stood at 16.7p.
Net debt fell to £10.8m from £12.5m a year earlier, and the company declared a second interim dividend of 2.1p per share, following its change of year-end to 28 February.
“Following several challenging years, the past 12 months have seen a return to more stable markets across our content creation regions, particularly EMEA and APAC,” said chief executive Tim Carroll.
“This has resulted in sales growth of 11.0% for the division, supported by sustained demand for our leading brands and successful new product launches across the portfolio.”
He added that during the year, the company “took early and decisive action” to implement pricing changes and relocate manufacturing to stabilise margins in the face of tariff increases into the US in excess of 20% on most of its manufacturing locations.
“We recognise that macroeconomic uncertainties persist, particularly in our key US market, and remain vigilant and ready to respond swiftly to any further changes.”
Carroll said trading since August reflected “healthy underlying demand,” adding that continued investment in innovation and product development positioned Focusrite “well for sustained growth and long-term success”.
At 1548 GMT, Focusrite shares were down 5.7% at 223.5p.
Reporting by Josh White for Sharecast.com.