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    Martin Jungfleisch

    Senior Equity Analyst at Exane BNP Paribas

    Martin Jungfleisch is a Senior Equity Analyst at Exane BNP Paribas specializing in technology sector research, with a particular focus on computer hardware companies such as Logitech International and Crayon Group Holding ASA. He has demonstrated analytical rigor through his coverage of industry leaders, including upgrades with clearly defined price targets, such as recommending Logitech at $109 per share with a noted upside of 14% in August 2025. Jungfleisch began his analyst career prior to joining Exane BNP Paribas, where he now ranks among the firm’s top technology analysts, although his recent performance metrics indicate a 46% success rate and an average 1.4% return over the past year. He is registered with industry databases and adheres to professional standards for securities analysis, reflecting his expertise and commitment to investment research.

    Martin Jungfleisch's questions to LOGITECH INTERNATIONAL (LOGI) leadership

    Martin Jungfleisch's questions to LOGITECH INTERNATIONAL (LOGI) leadership • Q1 2026

    Question

    Martin Jungfleisch from Exane BNP Paribas questioned the demand patterns in Q1, specifically any pull-forward due to tariffs, and inquired about Logitech's market share position and competitive advantage from its production footprint.

    Answer

    CFO Matteo Anversa stated that Q1 demand was strong and broad-based, with minimal pull-in impact, which was slightly visible in B2B but immaterial overall. CEO Hanneke Faber added that Logitech saw share gains in key US categories through May. She noted it's too early to assess the full impact of pricing on market share but expects a potential temporary softening, which is typical after a price increase.

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