Audio equipment supplier Focusrite (LON: TUNE) reported a dip in interim revenues but the second half comparatives are not as tough and there are new product launches planned.
Component shortages have held back progress, particularly for ADAM Audio, whose revenues fell by one-third. This will still hamper the business during the second half, but the problem is easing. Demand increased for Martin Audio products as live music started up again. Martin revenues recovered from £8.7m to £12.4m.
In the six months to February 2022, revenues fell 3% to £92.9m. Sales fell in North America and Eur...
