Logitech Delivers New Sales Record and Sixth Consecutive Year of Growth

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    Earnings Per Share Up Over 20%; Company Beats Three-Year Non-GAAP EPS
    Goal A Full Year Early

    LAUSANNE, Switzerland & NEWARK, Calif.–(BUSINESS WIRE)–Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced
    financial results for the fourth quarter and full year of Fiscal Year
    2019, ended March 31, 2019.

    For Fiscal Year 2019:

    • Sales were the highest ever at $2.79 billion, up 9 percent in US
      dollars and 10 percent in constant currency compared to the prior
      year, the sixth consecutive year of growth.
    • GAAP operating income grew 15 percent to $263 million, compared to
      $230 million a year ago. GAAP earnings per share (EPS) grew 24 percent
      to $1.52, compared to $1.23 a year ago.
    • Non-GAAP operating income grew 23 percent to $352 million, compared to
      $287 million a year ago. Non-GAAP EPS grew 26 percent to $2.01,
      compared to $1.60 a year ago.

    For Q4 Fiscal Year 2019:

    • Sales grew to $624 million, up 5 percent in US dollars and 9 percent
      in constant currency compared to Q4 of the prior year.
    • GAAP operating income grew 8 percent to $42 million, and non-GAAP
      operating income grew 16 percent to $64 million, compared to Q4 of the
      prior year.

    We’ve delivered our third consecutive year of double-digit growth in
    constant currency and our highest fiscal year sales ever,” said Bracken
    Darrell, Logitech president and chief executive officer. “Our
    innovative, diverse product portfolio delivered, led by strong,
    sustainable growth in our major categories of Gaming, Video
    Collaboration, and Creativity & Productivity. And we are not just
    growing topline, but also systematically delivering strong leverage on
    the bottom line. In fact, we achieved our plan to double non-GAAP EPS to
    $2.00 a full year early. Our strategy is working, and we are excited for
    our future as the world’s leading cloud peripheral company.”

    Outlook

    Logitech confirmed its Fiscal Year 2020 outlook of mid to high
    single-digit sales growth in constant currency and $375 million to $385
    million in non-GAAP operating income.

    Management Update

    Additionally, Logitech announced today that Vincent Pilette, Logitech’s
    chief financial officer, is leaving the Company. Vincent will leave, and
    cease to be a member of the Group Management Team, at the end of May,
    2019, to pursue a senior leadership role at another company. Logitech
    has named Nate Olmstead interim chief financial officer following
    Vincent’s departure. Nate joined Logitech in 2019 as vice president of
    finance, and brings over 16 years of financial management experience,
    most recently as the vice president of finance for global operations at
    Hewlett Packard Enterprise. Nate has a BA from Stanford and an MBA from
    Harvard.

    When I joined Logitech, I had a vision to turn Logitech into a design
    company, pursuing opportunities in the many new market opportunities
    enabled by the cloud,” said Bracken Darrell. “We needed financial and
    operational strength to support the ambition of that vision. Vincent has
    been a terrific partner for this pursuit these past six years, and we’ve
    made great progress. But more important than his partnership and
    leadership is the team he built and the culture of rigor and discipline
    he helped instill throughout the company. We now have a strong, seasoned
    finance team across every area and a proven track record of operational
    excellence. That is his most important legacy. I’m excited for him in
    his next challenge. And I’m even more energized by our continued
    progress toward our design company vision.”

    Prepared Remarks Available Online

    Logitech has made its prepared written remarks for the financial results
    teleconference available online on the Logitech corporate website at http://ir.logitech.com.

    Financial Results Teleconference and Webcast

    Logitech will hold a financial results teleconference to discuss the
    results for Q4 and the full Fiscal Year 2019 on Tuesday, April 30, 2019
    at 8:30 a.m. Eastern Daylight Time and 2:30 p.m. Central European Summer
    Time. A live webcast of the call will be available on the Logitech
    corporate website at http://ir.logitech.com.

    Use of Non-GAAP Financial Information and Constant Currency

    To facilitate comparisons to Logitech’s historical results, Logitech has
    included non-GAAP adjusted measures, which exclude share-based
    compensation expense, amortization of intangible assets, purchase
    accounting effect on inventory, acquisition-related costs, change in
    fair value of contingent consideration for business acquisition,
    restructuring charges (credits), loss (gain) on investments in privately
    held companies, non-GAAP income tax adjustment, and other items detailed
    under “Supplemental Financial Information” after the tables below.
    Logitech also presents percentage sales growth in constant currency to
    show performance unaffected by fluctuations in currency exchange rates.
    Percentage sales growth in constant currency is calculated by
    translating prior period sales in each local currency at the current
    period’s average exchange rate for that currency and comparing that to
    current period sales. Logitech believes this information, used together
    with the GAAP financial information, will help investors to evaluate its
    current period performance and trends in its business. With respect to
    the Company’s outlook for non-GAAP operating income, most of these
    excluded amounts pertain to events that have not yet occurred and are
    not currently possible to estimate with a reasonable degree of accuracy.
    Therefore, no reconciliation to the GAAP amounts has been provided for
    Fiscal Year 2020.

    About Logitech

    Logitech designs products that have an everyday place in people’s lives,
    connecting them to the digital experiences they care about. More than 35
    years ago, Logitech started connecting people through computers, and now
    it’s a multi-brand company designing products that bring people together
    through music, gaming, video and computing. Brands of Logitech include Logitech,
    Ultimate
    Ears
    , Jaybird,
    Blue
    Microphones
    , ASTRO
    Gaming
    and Logitech
    G
    . Founded in 1981, and headquartered in Lausanne, Switzerland,
    Logitech International is a Swiss public company listed on the SIX Swiss
    Exchange (LOGN) and on the Nasdaq Global Select Market (LOGI). Find
    Logitech at www.logitech.com,
    the company
    blog
    or @Logitech.

    This press release contains forward-looking statements within the
    meaning of the federal securities laws, including, without limitation,
    statements regarding: our preliminary financial results for the three
    months and full fiscal year ended March 31, 2019, innovation, product
    portfolio, brand leadership, growth, profitability and leverage,
    sustainability, market leadership, position for the future, focus,
    vision ability to be a design company, outlook for Fiscal Year 2020
    operating income and sales growth, and our executive officers. The
    forward-looking statements in this release involve risks and
    uncertainties that could cause Logitech’s actual results and events to
    differ materially from those anticipated in these forward-looking
    statements, including, without limitation: if our product offerings,
    marketing activities and investment prioritization decisions do not
    result in the sales, profitability or profitability growth we expect, or
    when we expect it; if we fail to innovate and develop new products in a
    timely and cost-effective manner for our new and existing product
    categories; if we do not successfully execute on our growth
    opportunities or our growth opportunities are more limited than we
    expect; the effect of pricing, product, marketing and other initiatives
    by our competitors, and our reaction to them, on our sales, gross
    margins and profitability; if we are not able to maintain and enhance
    our brands; if our products and marketing strategies fail to separate
    our products from competitors’ products; if we do not fully realize our
    goals to lower our costs and improve our operating leverage; if there is
    a deterioration of business and economic conditions in one or more of
    our sales regions or product categories, or significant fluctuations in
    exchange rates; changes in trade policies and agreements and the
    imposition of tariffs that affect our products or operations and our
    ability to mitigate; risks associated with acquisitions. A detailed
    discussion of these and other risks and uncertainties that could cause
    actual results and events to differ materially from such forward-looking
    statements is included in Logitech’s periodic filings with the
    Securities and Exchange Commission, including our Annual Report on Form
    10-K for the fiscal year ended March 31, 2018 and our Quarterly Report
    on Form 10-Q for the fiscal quarter ended December 31, 2018, available
    at www.sec.gov,
    under the caption Risk Factors and elsewhere. Logitech does not
    undertake any obligation to update any forward-looking statements to
    reflect new information or events or circumstances occurring after the
    date of this press release.

    Note that unless noted otherwise, comparisons are year over year.

    Logitech and other Logitech marks are trademarks or registered
    trademarks of Logitech Europe S.A. and/or its affiliates in the U.S. and
    other countries. All other trademarks are the property of their
    respective owners. For more information about Logitech and its products,
    visit the company’s website at www.logitech.com.

             
    LOGITECH INTERNATIONAL S.A.
    PRELIMINARY RESULTS*
    (In thousands, except per share amounts) – unaudited
     
    Three Months Ended Fiscal Years Ended
    March 31, March 31,
    GAAP CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS 2019 2018 2019 2018
     
    Net sales (A) $ 624,308 $ 592,426 $ 2,788,322 $ 2,566,863
    Cost of goods sold 388,028 377,617 1,737,969 1,648,744
    Amortization of intangible assets and purchase accounting effect on
    inventory
    3,305   2,574   13,342   8,878  
    Gross profit 232,975   212,235   1,037,011   909,241  
    Operating expenses:
    Marketing and selling 119,628 109,572 488,263 435,489
    Research and development 42,110 37,616 161,230 143,760
    General and administrative 23,557 23,387 98,732 96,353
    Amortization of intangible assets and acquisition-related costs 3,913 2,553 14,290 8,930
    Change in fair value of contingent consideration for business
    acquisition
    (4,908 )
    Restructuring charges (credits), net 1,540     11,302   (116 )

    Total operating expenses

    190,748   173,128   773,817   679,508  
    Operating income 42,227   39,107   263,194   229,733  
    Interest income 2,666 1,872 8,375 4,969
    Other income (expense), net 493   (1,543 ) (436 ) (2,437 )
    Income before income taxes 45,386 39,436 271,133 232,265
    Provision for income taxes 3,265   5,032   13,560   23,723  
    Net income $ 42,121   $ 34,404   $ 257,573   $ 208,542  
     
    Net income per share :
    Basic $ 0.25 $ 0.21 $ 1.56 $ 1.27
    Diluted $ 0.25 $ 0.20 $ 1.52 $ 1.23
     
    Weighted average shares used to compute net income per share:
    Basic 165,776 164,374 165,609 164,038
    Diluted 168,956 169,387 168,965 168,971
     
         
    LOGITECH INTERNATIONAL S.A.
    PRELIMINARY RESULTS*
    (In thousands) – unaudited
     
    March 31, March 31,
    CONDENSED CONSOLIDATED BALANCE SHEETS 2019 2018
     
    Current assets:
    Cash and cash equivalents $ 604,516 $ 641,947
    Accounts receivable, net (A) 383,309 214,885
    Inventories 293,495 259,906
    Other current assets (A) 69,116   56,362  
    Total current assets 1,350,436 1,173,100
    Non-current assets:
    Property, plant and equipment, net 78,552 86,304
    Goodwill 343,684 275,451
    Other intangible assets, net 118,999 87,547
    Other assets 132,453   120,755  
    Total assets $ 2,024,124   $ 1,743,157  
     
    Current liabilities:
    Accounts payable $ 283,922 $ 293,988
    Accrued and other current liabilities (A) 433,897   281,732  
    Total current liabilities 717,819 575,720
    Non-current liabilities:
    Income taxes payable 36,384 34,956
    Other non-current liabilities 93,582   81,924  
    Total liabilities 847,785 692,600
     
    Shareholders’ equity:
    Registered shares, CHF 0.25 par value: 30,148 30,148
    Issued shares—173,106 at March 31, 2019 and 2018

    Additional shares that may be issued out of conditional capitals —
    50,000 at March 31, 2019 and March 31, 2018

    Additional shares that may be issued out of authorized capital —
    34,621 at March 31, 2019 and none at March 31, 2018
    Additional paid-in capital 56,655 47,234
    Shares in treasury, at cost— 7,244 and 8,527 shares at March 31,
    2019 and 2018, respectively
    (169,802 ) (165,686 )
    Retained earnings (A) 1,365,036 1,232,316
    Accumulated other comprehensive loss (105,698 ) (93,455 )
    Total shareholders’ equity 1,176,339   1,050,557  
    Total liabilities and shareholders’ equity $ 2,024,124   $ 1,743,157  
     
             
    LOGITECH INTERNATIONAL S.A.
    PRELIMINARY RESULTS*
    (In thousands) – unaudited
    Three Months Ended Fiscal Years Ended
    March 31, March 31,
    CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS 2019 2018 2019 2018
     
    Cash flows from operating activities:
    Net income $ 42,121 $ 34,404 $ 257,573 $ 208,542
    Adjustments to reconcile net income to net cash provided by
    operating activities:
    Depreciation 10,816 11,077 43,471 41,295
    Amortization of intangible assets 6,944 4,954 24,180 15,607
    Share-based compensation expense 13,102 10,899 50,265 44,138
    Gain on investments (227 ) (119 ) (816 ) (669 )
    Deferred income taxes (2,535 ) 413 (12,257 ) 7,141
    Change in fair value of contingent consideration for business
    acquisition
    (4,908 )
    Other 148 (18 ) (230 ) (11 )
    Changes in assets and liabilities, net of acquisitions:
    Accounts receivable, net 100,146 137,665 (58,798 ) (26,363 )
    Inventories 47,612 21,739 (21,551 ) 16,047
    Other assets 2,298 2,045 (8,800 ) (16,908 )
    Accounts payable (152,791 ) (134,016 ) (19,134 ) 17,695
    Accrued and other liabilities (35,896 ) 1,134   51,278   44,655  
    Net cash provided by operating activities 31,738   90,177   305,181   346,261  
    Cash flows from investing activities:
    Purchases of property, plant and equipment (7,626 ) (12,155 ) (35,930 ) (39,748 )
    Acquisitions, net of cash acquired 94 (133,814 ) (88,323 )
    Investment in privately held companies (175 ) (360 ) (2,717 ) (1,240 )
    Proceeds from return of investments 124 124 237
    Purchases of short-term investments (1,505 ) (6,789 )
    Sales of short-term investments 6,789
    Purchases of trading investments (868 ) (3,211 ) (5,203 ) (6,053 )
    Proceeds from sales of trading investments 862   3,214   5,700   6,423  
    Net cash used in investing activities (7,589 ) (12,512 ) (173,345 ) (128,704 )
    Cash flows from financing activities:
    Payment of cash dividends (113,971 ) (104,248 )
    Payment of contingent consideration for business acquisition (5,000 )
    Purchases of registered shares (9,995 ) (10,314 ) (32,449 ) (30,722 )
    Proceeds from exercises of stock options and purchase rights 7,922 10,963 18,057 41,910
    Tax withholdings related to net share settlements of restricted
    stock units
    (1,659 ) (4,308 ) (30,770 ) (29,813 )
    Net cash used in financing activities (3,732 ) (3,659 ) (159,133 ) (127,873 )
    Effect of exchange rate changes on cash and cash equivalents (389 ) 3,053   (10,134 ) 4,730  
    Net increase (decrease) in cash and cash equivalents 20,028   77,059   (37,431 ) 94,414  
    Cash and cash equivalents at beginning of the period 584,488   564,888   641,947   547,533  
    Cash and cash equivalents at end of the period $ 604,516   $ 641,947   $ 604,516   $ 641,947  
     
                 
    LOGITECH INTERNATIONAL S.A.
    PRELIMINARY RESULTS*
    (In thousands) – unaudited
     
    NET SALES Three Months Ended Fiscal Years Ended
    March 31, March 31,
    SUPPLEMENTAL FINANCIAL INFORMATION 2019 2018 Change 2019 2018 Change
     
    Net sales by product category:
    Pointing Devices $ 131,640 $ 129,937 1 % $ 536,890 $ 516,637 4 %
    Keyboards & Combos 132,356 136,787 (3 ) 536,619 498,472 8
    PC Webcams 30,366 31,776 (4 ) 121,282 112,147 8
    Tablet & Other Accessories 23,412 27,292 (14 ) 128,315 107,942 19
    Video Collaboration 69,367 54,709 27 259,521 182,717 42
    Mobile Speakers 22,688 13,974 62 230,378 314,817 (27 )
    Audio & Wearables 65,086 55,248 18 277,429 252,330 10
    Gaming 137,649 126,763 9 648,130 491,995 32
    Smart Home 11,515 15,892 (28 ) 49,344 89,373 (45 )
    Other (1) 229   48   377 414   433   (4 )
    Total net retail sales $ 624,308   $ 592,426   5 $ 2,788,322   $ 2,566,863   9
    __________________
    (1)   Other category includes products that we currently intend to
    transition out of, or have already transitioned out of, because they
    are no longer strategic to our business.
     
             
    LOGITECH INTERNATIONAL S.A.
    PRELIMINARY RESULTS*
    (In thousands, except per share amounts) – Unaudited
     
    GAAP TO NON GAAP RECONCILIATION (A)(B) Three Months Ended Fiscal Years Ended
    March 31, March 31,
    SUPPLEMENTAL FINANCIAL INFORMATION 2019 2018 2019 2018
     
    Gross profit – GAAP $ 232,975 $ 212,235 $ 1,037,011 $ 909,241
    Share-based compensation expense 938 971 3,812 3,733
    Amortization of intangible assets and purchase accounting effect on
    inventory
    3,305   2,574   13,342   8,878  
    Gross profit – Non-GAAP $ 237,218   $ 215,780   $ 1,054,165   $ 921,852  
     
    Gross margin – GAAP 37.3 % 35.8 % 37.2 % 35.4 %
    Gross margin – Non-GAAP 38.0 % 36.4 % 37.8 % 35.9 %
     
    Operating expenses – GAAP $ 190,748 $ 173,128 $ 773,817 $ 679,508
    Less: Share-based compensation expense 12,164 9,928 46,453 40,405
    Less: Amortization of intangible assets and acquisition-related costs 3,913 2,553 14,290 8,930
    Less: Change in fair value of contingent consideration for business
    acquisition
    (4,908 )
    Less: Restructuring charges (credits), net 1,540     11,302   (116 )
    Operating expenses – Non-GAAP $ 173,131   $ 160,647   $ 701,772   $ 635,197  
     
    % of net sales – GAAP 30.6 % 29.2 % 27.8 % 26.5 %
    % of net sales – Non – GAAP 27.7 % 27.1 % 25.2 % 24.7 %
     
    Operating income – GAAP $ 42,227 $ 39,107 $ 263,194 $ 229,733
    Share-based compensation expense 13,102 10,899 50,265 44,138
    Amortization of intangible assets 6,944 4,954 24,180 15,607
    Purchase accounting effect on inventory 34 173 1,756 789
    Acquisition-related costs 240 1,696 1,412
    Change in fair value of contingent consideration for business
    acquisition
    (4,908 )
    Restructuring charges (credits), net 1,540     11,302   (116 )
    Operating income – Non – GAAP $ 64,087   $ 55,133   $ 352,393   $ 286,655  
     
    % of net sales – GAAP 6.8 % 6.6 % 9.4 % 8.9 %
    % of net sales – Non – GAAP 10.3 % 9.3 % 12.6 % 11.2 %
     
    Net income – GAAP $ 42,121 $ 34,404 $ 257,573 $ 208,542
    Share-based compensation expense 13,102 10,899 50,265 44,138
    Amortization of intangible assets 6,944 4,954 24,180 15,607
    Purchase accounting effect on inventory 34 173 1,756 789
    Acquisition-related costs 240 1,696 1,412
    Change in fair value of contingent consideration for business
    acquisition
    (4,908 )
    Restructuring charges (credits), net 1,540 11,302 (116 )
    Gain on investments (227 ) (119 ) (816 ) (669 )
    Non-GAAP income tax adjustment 830   4,249   (6,952 ) 6,282  
    Net income – Non – GAAP $ 64,584   $ 54,560   $ 339,004   $ 271,077  
     
    Net income per share:
    Diluted – GAAP $ 0.25 $ 0.20 $ 1.52 $ 1.23
    Diluted – Non – GAAP $ 0.38 $ 0.32 $ 2.01 $ 1.60
     
    Shares used to compute net income per share:
    Diluted – GAAP and Non – GAAP 168,956 169,387 168,965 168,971
     
     
    LOGITECH INTERNATIONAL S.A.
    PRELIMINARY RESULTS*
    (In thousands) – unaudited
             
    SHARE-BASED COMPENSATION EXPENSE Three Months Ended Fiscal Years Ended
    March 31, March 31,
    SUPPLEMENTAL FINANCIAL INFORMATION 2019 2018 2019 2018
     
    Share-based Compensation Expense
    Cost of goods sold $ 938 $ 971 $ 3,812 $ 3,733
    Marketing and selling 5,380 4,417 20,630 17,765
    Research and development 2,073 1,584 7,368 6,381
    General and administrative 4,711   3,927   18,455   16,259  
    Total share-based compensation expense 13,102 10,899 50,265 44,138
    Income tax benefit (2,515 )   (4,077 )   (17,091 ) (15,998 )
    Total share-based compensation expense, net of income tax benefit $ 10,587   $ 6,822   $ 33,174   $ 28,140  
     

    *Note: These preliminary results for the three months and fiscal year
    ended March 31, 2019 are subject to adjustments, including subsequent
    events that may occur through the date of filing our Annual Report on
    Form 10-K.

    (A) Adoption of ASC Topic 606

    On April 1, 2018, we adopted the new revenue standards under Accounting
    Standards Codification (“ASC”) Topic 606. The adoption of Topic 606 did
    not have an impact over the total cash flows from operating, investing,
    or financing activities. The following tables summarize the impacts of
    adopting Topic 606 on our condensed consolidated statements of
    operations for the three months and fiscal year ended March 31, 2019 and
    condensed consolidated balance sheets as of March 31, 2019 (in
    thousands):

         
    Three Months Ended March 31, 2018 Year Ended March 31, 2019

    As Reported
    Under Topic
    606

     

    If Reported
    Under Topic
    605

     

    Effect of
    Change

    As Reported
    Under Topic
    606

     

    If Reported
    Under Topic
    605

     

    Effect of
    Change

    Net sales $ 624,308 $ 626,369 $ (2,061 ) $ 2,788,322 $ 2,784,636 $ 3,686
     
       
    As of March 31, 2019

    As Reported Under
    Topic 606

     

    Balance Under
    Topic 605

      Effect of Change
    Accounts receivable, net $ 383,309 $ 260,401 $ 122,908
    Other current assets $ 69,116 $ 60,449 $ 8,667
    Accrued and other current liabilities $ 433,897 $ 295,126 $ 138,771
    Retained earnings $ 1,365,036 $ 1,372,232 $ (7,196 )
     

    (B) Non-GAAP Financial Measures

    To supplement our condensed consolidated financial results prepared in
    accordance with GAAP, we use a number of financial measures, both GAAP
    and non-GAAP, in analyzing and assessing our overall business
    performance, for making operating decisions and for forecasting and
    planning future periods. We consider the use of non-GAAP financial
    measures helpful in assessing our current financial performance, ongoing
    operations and prospects for the future as well as understanding
    financial and business trends relating to our financial condition and
    results of operations.

    While we use non-GAAP financial measures as a tool to enhance our
    understanding of certain aspects of our financial performance and to
    provide incremental insight into the underlying factors and trends
    affecting both our performance and our cash-generating potential, we do
    not consider these measures to be a substitute for, or superior to, the
    information provided by GAAP financial measures. Consistent with this
    approach, we believe that disclosing non-GAAP financial measures to the
    readers of our financial statements provides useful supplemental data
    that, while not a substitute for GAAP financial measures, can offer
    insight in the review of our financial and operational performance and
    enables investors to more fully understand trends in our current and
    future performance. In assessing our business during the quarter ended
    March 31, 2019 and previous periods, we excluded items in the following
    general categories, each of which are described below:

    Share-based compensation expenses. We believe that providing
    non-GAAP measures excluding share-based compensation expense, in
    addition to the GAAP measures, allows for a more transparent comparison
    of our financial results from period to period. We prepare and maintain
    our budgets and forecasts for future periods on a basis consistent with
    this non-GAAP financial measure. Further, companies use a variety of
    types of equity awards as well as a variety of methodologies,
    assumptions and estimates to determine share-based compensation expense.
    We believe that excluding share-based compensation expense enhances our
    ability and the ability of investors to understand the impact of
    non-cash share-based compensation on our operating results and to
    compare our results against the results of other companies.

    Amortization of intangible assets. We incur intangible asset
    amortization expense, primarily in connection with our acquisitions of
    various businesses and technologies. The amortization of purchased
    intangibles varies depending on the level of acquisition activity. We
    exclude these various charges in budgeting, planning and forecasting
    future periods and we believe that providing the non-GAAP measures
    excluding these various non-cash charges, as well as the GAAP measures,
    provides additional insight when comparing our gross profit, operating
    expenses, and financial results from period to period.

    Contacts

    Ben Lu
    Vice President, Investor Relations – USA
    +1 (510)
    713-5568

    Krista Todd
    Vice President, Global Communications – USA
    +1
    (510) 713-5834

    Ben Starkie
    Corporate Communications – Europe
    +41 (0)
    79-292-3499

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