Focusrite improves FY pretax profit

Focusrite has improved its FY pretax profit to £7.1m, from £6.5m. Proposed final dividend was lifted to 1.3p a share, taking the total to 1.95p, from 1.8p.

"Focusrite has had an excellent second year of trading as a public company," said executive chair Phil Dudderidge in a statement.

"We have continued to grow revenue and correspondingly our profits as we deliver on our strategic goals.

"There have been a number of drivers for this increase including an improving market share globally, a strong performance from new and existing products, and a number of new sales, marketing and distribution initiatives."