Logitech 2007 Annual Report Download - page 55

Download and view the complete annual report

Please find page 55 of the 2007 Logitech annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 166

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166

FORWARD-LOOKING INFORMATION
This Annual Report on Form 20-F contains forward-looking statements based on beliefs of our management
as of the filing date of this Form 20-F. These forward-looking statements include statements related to:
our business strategy for fiscal year 2008 and beyond for new areas of growth and for building on the
Company’s current strengths;
our business and product plans for fiscal year 2008 and evolving market trends affecting our products;
and
the sufficiency of our cash and cash equivalents, cash generated from operations, and available
borrowings under our bank lines of credit to fund capital expenditures and working capital needs for the
foreseeable future.
Factors that might affect these forward-looking statements include, among other things:
market acceptance for our products;
the effect of pricing, product, marketing and other initiatives by our competitors and our reaction to
them on our sales, gross margins, operating expenses and profitability;
the impact of a failure to successfully innovate in our current and emerging product categories and
identify new feature or product opportunities;
consumer demand for our products and our ability to accurately forecast such demand;
our ability to implement our business strategy;
our ability to match production levels with product demand and to successfully coordinate worldwide
manufacturing and distribution; and
general economic and business conditions.
The words “anticipate,” “believe,” “could,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,”
“project,” “predict,” “should,” “will” and similar expressions are intended to identify such forward-looking
statements. These statements reflect our views and assumptions as of the date of this Annual Report on
Form 20-F. All forward-looking statements are subject to various risks and uncertainties that could cause our
actual results to differ materially from expectations. The factors that could cause our actual results to differ are
discussed more fully under Item 3 “Key Information – Risk Factors,” as well as elsewhere in this Annual Report
on Form 20-F and in our other filings with the U.S. Securities and Exchange Commission. Readers are cautioned
not to place undue reliance on these forward-looking statements, which speak only as of the date of this filing.
We undertake no obligation to publicly update or revise any forward-looking statements.
3
CG