Logitech Confirms FY16 View; Provides FY17 Outlook - Quick Facts

(RTTNews) - Computer interface devices maker Logitech International S.A. (LOGI) announced that it confirms its FY16 outlook of approximately $170 million in non-GAAP operating income and constant currency retail sales growth of 7 to 9 percent.

For fiscal year 2017, the company predicts non-GAAP operating income in ragne of $185 million to $200 million and constant currency retail sales growth in the mid-single digits.

The company also announced the continuation of its three-year plan for returning up to $500 million in cash to shareholders.

At the meeting to be held today with financial analysts and investors in Zurich, Logitech will outline the foundation that will deliver the Company's future success. It will also demonstrate the Company's consistent ability to grow, generate cash and build a diversified, market-leading portfolio of growing product categories.