罗技Logitech International SA （LOGI）2024财年年度报告「NASDAQ」（英文版）（271页）.pdf

1、2024 Annual General MeetingInvitation,Proxy Statement and Annual ReportTo our shareholders,partners,customers and employees Fiscal Year 2024 was a productive year for Logitech,mobilizing the values and capabilities that have made the company successful for so many decades.We welcomed a new CEO,deliv

2、ered a return to growth in the fourth quarter and shared a set of new strategic priorities that will shape the companys direction for many years.Were excited for the journey to come.RETURN TO GROWTHThis past fiscal year,Logitech faced continued macroeconomic hurdles,registering a 6%decline in net sa

3、les in constant currency compared to the prior year.Nonetheless,we closed the fiscal year with momentum.Q4 net sales grew 5%compared to the previous year and non-GAAP operating profits nearly doubled.The return to growth was broad-based across all regions and all key categories.Across the year,we gr

4、ew market share in multiple key categories:Keyboards&Combos,Pointing Devices(including Mice),Video Conferencing,Gaming Wheels,Gaming Wired Mice,Tablet Keyboards and Webcams.We continued our rigorous approach to financial discipline and operational excellence.Our expanded non-GAAP gross margin of 41.

5、8%was up by over 300 basis points year on year.We also continued investing in research and development.We catered to new categories of users with the foldaway Casa Pop-Up Desk,and won dozens of global design awards.We launched innovations like Logitech Combo Touch keyboard case for iPads,MX Brio web

6、cam,the Logitech G ASTRO A50 headset and the AI-powered conference camera MeetUp 2.Indeed,we continued to leverage Artificial Intelligence(AI)in our portfolio with the launch of business headset Zone Wireless 2,and our new software tool Logi AI Prompt Builder.AI enhances our users experiences across