Published by Global Banking & Finance Review®
Posted on January 28, 2025
1 min readLast updated: January 27, 2026
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Logitech raises its 2025 sales forecast due to strong demand, with a 7% increase in sales and profit in its pre-holiday quarter.
ZURICH (Reuters) -Logitech International raised its full-year forecast on Tuesday, after reporting higher sales and profit for its important pre-holiday quarter, supported by strong demand for computer hardware products for businesses and gamers.
The Swiss-American company, which makes products such as keyboards, mouse and webcams, said its sales rose nearly 7% to $1.34 billion in what is traditionally its "biggest quarter of the year". That compares with the consensus estimate of $1.25 billion, according to Visible Alpha.
Its adjusted operating profit for the third quarter ended December also rose 7% to $266 million.
Logitech CEO Hanneke Faber said gaming sales were "near pandemic-high levels" thanks to a series of launches ahead of the holidays. "We delivered near record sales in our premium Pro Gaming and MX portfolios."
The company now expects its fiscal 2025 sales in the range of $4.54 billion to $4.57 billion, compared with its previous forecast of $4.39 billion to $4.47 billion.
(Reporting by John Revill and Angela Christy; Editing by Maju Samuel and Shilpi Majumdar)
Logitech reported a nearly 7% increase in sales to $1.34 billion in its pre-holiday quarter, which is traditionally its biggest quarter of the year.
The adjusted operating profit for the third quarter ended December rose 7% to $266 million.
Logitech's CEO Hanneke Faber noted that gaming sales were 'near pandemic-high levels' due to a series of product launches ahead of the holidays.
Logitech now expects its fiscal 2025 sales to be in the range of $4.54 billion to $4.57 billion, up from the previous forecast of $4.39 billion to $4.47 billion.
The article was reported by John Revill and Angela Christy, with editing by Maju Samuel and Shilpi Majumdar.
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