Taking Stock 

HMV vs Focusrite – the case for specialism

Mark Robinson

HMV vs Focusrite – the case for specialism

Focusrite (TUNE), recently honoured with its fourth consecutive 'Queen’s Award for Enterprise: Innovation', bucked the consumer trend in the lead up to Christmas, with strengthening sales through November giving rise to revenue “ahead of the comparative period” in the previous year. The continued drive for in-house efficiencies is also paying off, as the global music and audio products group continued to build its gross margin through the year, coming in at 42.2 per cent, a 30 basis point improvement on the previous year despite foreign exchange and tariff barrier challenges.

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