Focusrite - music to investor’s ears
The global music and audio company has an expanding product range and is growing strongly in new markets. The latest update points to another excellent year with revenue ahead of previous expectations - there should be plenty more to go for.
A little history Although it only arrived on AIM in December 2014 Focusrite is by no means a start-up. Founded in 1989 and with its Headquarters in High Wycombe, the Group has an impressive 28 year track record of developing and supplying products for high quality production of music. Originally the company made recording equipment for studios and now operates in significantly expanded and more accessible marketplaces. Phil Dudderidge, who was Led Zeppelin’s first dedicated live soundman, acquired the assets of Focusrite Limited in 1989 and began to broaden the range of products to serve a wider customer base of…