Audio and content creation equipment supplier Focusrite (LON: TUNE) is still suffering from weakened demand for its equipment, but there are signs of improvement. That is not reflected in the share price.
The bright area had been the audio reproduction division where venues were catching up with their investment spending, but that has run its course. Even so, there is a good long-term outlook for the company’s products and even in tougher trading conditions it remains profitable.
In the six months to February 2025, revenues improved 5% to £80.9m. The growth came from content creation where rev...
