Logitech International S.a. · SIX:LOGN

Logitech International — Q1 FY2020 Earnings Presentation

6 slides from Logitech International's earnings presentation, Jul 22, 2019

  1. Slide 1: Supplemental Financial Information Q1 Fiscal Year 2020

    SUPPLEMENTAL FINANCIAL INFORMATION Q1 FISCAL YEAR 2020 (QUARTER ENDED JUN 30, 2019)

  2. Slide 2: Q1 FY 2020 Financial Highlights

    Q1 FY 2020 FINANCIAL HIGHLIGHTS $644 9% 37.8% $67 $0.39 $37 million million per share million YoY Sales Non-GAAP Non-GAAP Non-GAAP Cash Flow from Revenue Growth Gross Margin Operating Income Diluted EPS Operations Results listed in non-GAAP. Sales are net sales. Comparisons are YoY and on a constant

  3. Slide 3: Quarterly Financial Trends

    Quarterly Financial Trends Preliminary results * In $ millions except per share and % Q1'18 Q2'18 Q3'18 Q4'18 Q1'19 Q2'19 Q3'19 Q4'19 Q1'20 GAAP Results Net Sales 530 632 812 592 608 691 864 624 644 Gross Margin 36.5% 36.0% 33.9% 35.8% 36.8% 37.1% 37.5% 37.3% 37.1% Operating Expenses 162 169 175 173

  4. Slide 4: Cash Flow and Operational Trends

    Cash Flow and Operational Trends 1,2 Preliminary results * In $ millions except working capital metrics Q1'18 Q2'18 Q3'18 Q4'18 Q1'19 Q2'19 Q3'19 Q4'19 Q1'20 Balance Sheet Cash and ST Investments 528 406 565 642 604 426 586 605 598 Debt 0 0 0 0 0 0 0 0 0 Accounts Receivable 221 278 352 215 386 2 460

  5. Slide 5: GAAP to Non-GAAP Reconciliations

    GAAP to Non-GAAP Reconciliations Preliminary results * In $ millions except per share and % Q1'18 Q2'18 Q3'18 Q4'18 Q1'19 Q1'20 Gross Profit - GAAP 194 228 276 212 224 239 Share-based compensation expense 1 1 1 1 1 1 Amortization of intangible assets and purchase accounting 2 2 3 3 2 3 efffect on in

  6. Slide 6: GAAP to Non-GAAP Reconciliation Notes

    GAAP TO NON-GAAP RECONCILIATION NOTES Note: These preliminary results for the three months ended June 30, 2019 are subject to adjustments, including subsequent events that may occur through the date of filing our Quarterly Report on Form 10-Q. Non-GAAP Financial Measures This presentation includes f

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