These firms are optimistic about the Sound Solutions acquisitions and expect decent contributions to flow in from the deal. Most of the firms point out that with the help of its strong cash position the Company realized two important acquisitions. Further, the new management team of the Company concentrating on the centralization of operations is introducing structural changes in the field of cost management and capital allocation, which are likely to enhance profitability. Other factors improving the Company’s profitability are demand for smart phones, increasing demand for MEMS microphones, growth prospects in Asia higher than that in Europe and strong backlog.
| |