Logitech International S.A. (NASDAQ:LOGI) Q4 2024 Earnings Call Transcript

Education is a good example, a very large work market and one where our existing product portfolio can be curated to play quite effectively and we have started to sell into education. We saw really good growth actually, in the fourth quarter on that business. One example is headsets, which are important in schools. We sell headsets. We have absolutely superior headset technology. What you need in elementary schools is the smaller headsets and headsets that are more robust because kids throw their headsets around. So with relatively limited R&D adjustments, we make the very best headsets for education. We started to sell those again with very encouraging results in a very large TAM and what I personally like is some of the testing we’ve done with schools in America.

Turns out that kids using our headsets have more peace and quiet and actually read 40% more books in class than before. So I love it when we really deliver on consumer and family needs like that and grow the business incrementally from it.

Michael Foeth: Thank you. Thank you. And thanks, Chuck as well. Good luck.

Nate Melihercik: Thanks, Michael and with that Hanneke, that’s our last question for today.

Hanneke Faber: Great. Thanks, everyone and again, yes, thanks, Chuck. His last. Hooray, it’s been a real pleasure to work together and I look forward to seeing you all again.