Scarlett range pushes Focusrite revenues higher

Global music and audio products company Focusrite updated the market on its full-year expectations on Wednesday, confirming it expects revenue for the year ending 31 August to be approximately £54m, following a strong performance in the second half.

The AIM-traded firm had cash at year-end of £5.6m, up from £4.0m at the half year.

“We are very pleased with the outcome of our product launches this year, especially the second generation Scarlett interface range,” said executive chairman Phil Dudderidge.

“Scarlett is the number one selling audio interface product line in the world with over one million units sold since its launch in 2011 and is Focusrite's leading product offering by volume of sales.”

Dudderidge said the new and upgraded Scarlett range is targeted at the large market of home recording by aspiring musicians through to professional producers and sound engineers.

“The second generation of Scarlett has been well received by our sales channels and consumers and has received great industry media reviews.”

Focusrite is due to announce its final results for the year on 22 November.