- Focusrite's H1 pretax profit has slipped to GBP2.4m, from GBP3.5m, due to a change in the fair value of forex contracts on each balance sheet date. Revenue was ahead at GBP25.9m, from GBP23.8m.

Interim dividend was 0.65p, from 0.6p.

Executive chairman Philip Dudderidge commented:

"Once again, we have continued to grow in both of our main brands and across all regions.

"This growth is fuelled by our creation of the best quality products at each price point, our high performing people and our entrepreneurial culture.

"We believe our product and geographical diversification and significant addressable market give room for further growth in the future."

At 10:14am: [LON:TUNE] Focusrite Plc share price was -10p at 165p

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