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VTech Announces FY2021 Annual Results
Record revenue and profit, with growth from all three products lines
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Group revenue increased 9.5% to a record US$2,372.3 million
Profit attributable to shareholders of the Company rose 21.1% to a record US$230.9 million
Final dividend of US74.0 cents per ordinary share, resulting in a record full-year dividend of US91.0 cents, up 71.7% year-on-year
Gross profit margin unchanged at 30.6%
Positive result despite supply chain disruptions in 1H and components shortages in 4Q
45th anniversary marked with a sustainability-led strategy and increased focus on digitisation
VTech Holdings Limited (HKSE: 303) today announced its results for the financial year ended 31 March 2021, showing record revenue and profit, with growth from all three product lines.
VTech® KidiZoom® Smartwatch Tops Youth Electronics Supercategory for Third Consecutive Year Per NPD
NPD Group Also Recognized KidiZoom® Smartwatch as Top-Selling Toy in Electronic Entertainment Class
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CHICAGO, March 9, 2021 /PRNewswire/ Today VTech® announced its KidiZoom® Smartwatch has been named the #1 selling item in the Youth Electronics Supercategory by the NPD Group. Announced at the Ninth Annual Toy Industry Performance Awards for the Americas, this is the third year in a row that VTech has taken the top spot in the category. The KidiZoom Smartwatch was also the top selling toy in the individual class of Electronic Entertainment.
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LOS ANGELES, March 9, 2021 /PRNewswire/ Moose Toys, a leading innovator in the toy industry, is coming off a banner year in 2020 after launching three number one product hits, according to released data from The NPD Group Inc. Squeakee The Balloon Dog was named the number one new item year-over-year in the Youth Electronics Supercategory, Bluey was the number one new license year-over-year in the Preschool Figures, Playsets and Accessories category, and Kindi Kids emerged as the first best-selling item within the Large Dolls & Accessories class for 2020.
Moose Toys headed into 2021 building on the momentum of launching three No. 1 products last year. The accolades span multiple categories, according to The NPD Group Inc. Squeakee The Balloon Dog was the No. 1 new item year-over-year in the Youth Electronics Supercategory. Kindi Kids emerged as the first best-selling item within the Large Dolls & Accessories class for 2020. And Bluey was �