Saturday, November 26, 2022

Logitech wants to grow strongly in the long term

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However, the current 2022/23 financial year will probably be a relatively slow one with expected sales growth of 2 to 4 percent. But they also grew by 74 percent in the peak year of the pandemic and many are amazed that Logitech is still growing from this level, Darell said on Friday.

In addition, the current financial year is unusual: the Ukraine war alone costs 2 percent of sales. In the long term, however, the CEO expects growth of 8 to 10 percent or even more. His mission is to achieve double-digit growth every year.

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