6-K

File Number: 0-29174

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO

RULE 13a-16 OR 15d-16 OF

THE SECURITIES EXCHANGE ACT OF 1934

Date of Report: April 19, 2007

LOGITECH INTERNATIONAL S.A.

(Exact name of Registrant as specified in its charter)

Not Applicable

(Translation of Registrant’s name into English)

Canton of Vaud, Switzerland

(Jurisdiction of incorporation or organization)

Logitech International S.A.

Apples, Switzerland

c/o Logitech Inc.

6505 Kaiser Drive

Fremont, California 94555

(510) 795-8500

(Address and telephone number of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

ü  Form 20-F    Form 40-F

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes    ü  No

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b).

Not applicable

Logitech International S.A.

Form 6-K

On April 18, 2007, Logitech International S.A. issued the press release attached hereto as Exhibit 15.1. The information in the press release is incorporated herein by reference.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed by the undersigned, thereunto duly authorized.

Logitech International S.A.
By:	/s/ Guerrino De Luca
	Guerrino De Luca
	President and Chief Executive Officer
By:	/s/ Mark J. Hawkins
	Mark J. Hawkins
	Chief Finance Officer and U.S. Representative

April 19, 2007

EX-15.1

Exhibit 15.1

For Immediate Release

Editorial Contacts:

Joe Greenhalgh, Vice President, Investor Relations – USA (510) 713-4430

Ben Starkie, Public Relations Manager – Europe +41-(0) 21-863-5195

Nancy Morrison, Director, Corporate Communications – USA (510) 713-4948

Logitech Delivers Ninth Consecutive Record Year

FREMONT, Calif., April 18, 2007 and ROMANEL-SUR-MORGES, Switzerland, April 19, 2007 — Logitech International (SWX: LOGN) (Nasdaq: LOGI) today announced it has posted its ninth consecutive year of record sales and profits. The Company closed the fiscal year with a record fourth quarter – its 34th consecutive quarter of double-digit revenue growth – and achieved its upwardly revised full-year goal for operating income while falling short of its increased target for year-over-year sales growth, due to a year-over-year decline in Q4 webcam sales.

Results for Full Fiscal Year

Sales for the fiscal year, ended March 31, 2007 were $2.1 billion, up 15 percent from $1.8 billion in FY 2006. GAAP operating income was $231 million and includes $19.5 million in costs for stock-based compensation. GAAP net income, including $14.9 million in costs for stock-based compensation (net of related tax benefit), was $230 million ($1.20 per share). GAAP gross margin was 34.3 percent.

Non-GAAP operating income for the fiscal year, which excludes stock-based compensation, was $250 million, up 26 percent from last year’s operating income of $199 million. Non-GAAP net income for FY 2007 was $245 million ($1.27 per share), up 35 percent compared with net income of $181 million ($0.92 per share) in the prior year. Non-GAAP gross margin was 34.4 percent, compared to 32 percent in the prior year, an increase of 240 basis points. (See Note 1.)

Results for Fourth Quarter

For Logitech’s fourth fiscal quarter, sales were $513 million, up 10 percent from $466 million in the same quarter last year. GAAP operating income was $55.3 million and includes $4.5 million in costs for stock-based compensation. GAAP net income, including $2.3 million in costs for stock-based compensation (net of related tax benefit), was $56.2 million ($0.29 per share). GAAP gross margin was 34.5 percent.

Non-GAAP operating income, which excludes stock-based compensation, was $59.8 million, up 9 percent from last year’s operating income of $54.8 million. Non-GAAP net income for Q4 was $58.4 million ($0.30 per share), up 14 percent compared with net income of $51 million ($0.26 per share) in the prior year. Non-GAAP gross margin was 34.5 percent, compared to 31.9 percent for the same quarter last year. (See Note 1.)

Logitech’s retail sales for Q4 grew by 9 percent year over year, increasing in the Americas by 12 percent and EMEA by 9 percent, and decreasing in Asia Pacific by 4 percent. Retail sales were driven by strong growth in cordless desktops and keyboards (up 30 percent), gaming (up 35 percent) and remote controls (up 78 percent); retail sales for Q4 were negatively impacted by a 32 percent year-over-year decline in webcams. OEM sales grew by 16 percent, driven by demand for desktops and keyboards.

“As we continued to focus on improving our webcam market position, an unexpected category slowdown led to a Q4 decline in webcam sales, which caused us to miss our 17 percent revenue growth target for the full fiscal year,” said Guerrino De Luca, Logitech president and chief executive officer. “We are confident that, over the next few quarters, we can reignite webcam market growth by targeting our marketing activities toward growing the overall category. We plan to leverage partnerships to broaden consumer awareness and increase in-store activities.

“I am pleased with our solid performance in FY 2007. The resilience of our broad product portfolio and consistent execution allowed us to achieve record-setting cash generation and 26 percent growth in operating income, in line with our upwardly revised growth goal. And our gross margin for Q4 and for the full fiscal year was well above our long-term target range of 32-34 percent, reflecting strong execution and a solid business model.”

Highlights for Logitech’s Fiscal Year 2007

• More than 150 million products shipped.

• Retail sales of cordless mice grew 25 percent, driven by demand for the Logitech^® MX™ Revolution and Logitech^® VX Revolution™ cordless laser mice.

• Retail sales of iPod^®/MP3 speakers more than doubled year over year.

• Retail sales of Harmony remote controls increased by 60 percent compared to last year.

• Retail sales of PC gaming products increased by 63 percent compared to last year.

• Cash flow from operations doubled year over year, to $306 million.

Outlook

The Company confirmed its financial goals of 15 percent growth in sales and operating income for Fiscal Year 2008, ending March 31, 2008. FY 2008 gross margin is expected to be at the high end of the Company’s long-term target range of 32-34 percent. Logitech expects its effective tax rate for the year to be approximately 12 percent.

Earnings Teleconference

Logitech will hold an earnings teleconference on April 19, 2007 at 14:00 Central European Time/8:00 a.m. Eastern Daylight Time/5:00 a.m. Pacific Daylight Time to discuss these results as well as targets for Fiscal Year 2008. A live webcast and replay of the teleconference, including presentation slides, will be available on the Logitech corporate Web site at http://ir.logitech.com. Please visit the Web site at least 10 minutes early to register for the teleconference webcast.

Investor Meeting

Logitech will hold an investor meeting in London on May 10, 2007 at 10:00 British Summer Time/5:00 a.m. Eastern Daylight Time/2:00 a.m. Pacific Daylight Time. A live video webcast and replay of the meeting will be available on the Logitech corporate Web site at http://ir.logitech.com.

About Logitech

Logitech is a world leader in personal peripherals, driving innovation in PC navigation, Internet communications, digital music, home-entertainment control, gaming and wireless devices. Founded in 1981, Logitech International is a Swiss public company traded on the SWX Swiss Exchange (LOGN) and on the Nasdaq Global Select Market (LOGI).

Note 1. A reconciliation between non-GAAP operating income, net income, and gross margin, and GAAP operating income, net income, and gross margin is set forth in the second supplemental schedule of the attached tables along with additional information regarding the use of these non-GAAP measures.

# # #

This press release contains forward-looking statements, including the statements regarding expected sales and operating income growth, gross margin and effective tax rate for Fiscal Year 2008, and future webcam market growth and the timing for that growth. These forward-looking statements involve risks and uncertainties that could cause Logitech’s actual performance to differ materially from that anticipated in these forward-looking statements. Factors that could cause actual results to differ materially include if we fail 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 it; the effect of pricing, product, marketing and other initiatives by our competitors, and our reaction to them, on our sales, gross margins and profitability; our webcam marketing activities not resulting in the webcam market growth we expect, or when we expect it; the sales mix among our lower- and higher-margin products and our geographic sales mix; as well as those additional factors set forth in our periodic filings with the Securities and Exchange Commission, including our annual report on Form 20-F for the Fiscal Year ended March 31, 2006 and our quarterly reports on Form 6-K available at www.sec.gov. Logitech does not undertake to update any forward-looking statements.

Logitech, the Logitech logo, and other Logitech marks are registered in the United States 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 Web site at www.logitech.com.

(LOGI – IR)

LOGITECH INTERNATIONAL S.A.

(In thousands, except per share amounts) - Unaudited

	Quarter Ended March 31,
CONSOLIDATED STATEMENTS OF INCOME	2007			2006
Net sales	$	512,734		$	466,056
Cost of goods sold		335,743			317,187
Gross profit		176,991			148,869
% of net sales		34.5	%		31.9	%
Operating expenses:
Marketing and selling		66,475			52,031
Research and development		28,432			23,064
General and administrative		26,786			19,003
Total operating expenses		121,693			94,098
Operating income		55,298			54,771
Interest income, net		3,212			1,131
Other income, net		3,531			2,807
Income before income taxes		62,041			58,709
Provision for income taxes		5,848			7,586
Net income	$	56,193		$	51,123
Shares used to compute net income per share:
Basic		182,738			185,365
Diluted		191,091			196,114
Net income per share:
Basic	$	0.31		$	0.28
Diluted	$	0.29		$	0.26

Note:

Share and per-share data for all periods presented have been adjusted to give effect to the two-for-one stock split that took effect on July 14, 2006.

Net income for the three months ended March 31, 2007 included share-based compensation expense under SFAS 123R of $2.3 million, net of tax, or $0.01 per diluted share, related to employee stock options and employee stock purchases. Net income for the three months ended March 31, 2006 does not include the effect of share-based compensation expense, because Logitech implemented SFAS 123R effective April 1, 2006.

Please refer to the supplemental schedule that summarizes the share-based compensation expense and related tax benefit recognized in accordance with SFAS 123R for the three months ended March 31, 2007.

LOGITECH INTERNATIONAL S.A.

(In thousands, except per share amounts) - Unaudited

	Twelve Months Ended March 31,
CONSOLIDATED STATEMENTS OF INCOME	2007			2006
Net sales	$	2,066,569		$	1,796,715
Cost of goods sold		1,357,044			1,222,605
Gross profit		709,525			574,110
% of net sales		34.3	%		32.0	%
Operating expenses:
Marketing and selling		272,264			221,504
Research and development		108,256			87,953
General and administrative		98,143			65,742
Total operating expenses		478,663			375,199
Operating income		230,862			198,911
Interest income, net		8,733			3,591
Other income, net		15,962			7,352
Income before income taxes		255,557			209,854
Provision for income taxes		25,709			28,749
Net income	$	229,848		$	181,105
Shares used to compute net income per share:
Basic		182,635			181,361
Diluted		190,991			198,769
Net income per share:
Basic	$	1.26		$	1.00
Diluted	$	1.20		$	0.92

Note:

Share and per-share data for all periods presented have been adjusted to give effect to the two-for-one stock split that took effect on July 14, 2006.

Net income for the twelve months ended March 31, 2007 included share-based compensation expense under SFAS 123R of $14.9 million, net of tax, or $0.07 per diluted share, related to employee stock options and employee stock purchases. Net income for the twelve months ended March 31, 2006 does not include the effect of share-based compensation expense, because Logitech implemented SFAS 123R effective April 1, 2006.

Please refer to the supplemental schedule that summarizes the share-based compensation expense and related tax benefit recognized in accordance with SFAS 123R for the twelve months ended March 31, 2007.

LOGITECH INTERNATIONAL S.A.

(In thousands) - Unaudited

CONSOLIDATED BALANCE SHEETS	March 31, 2007		March 31, 2006		March 31, 2005
Current assets
Cash and cash equivalents	$	196,197	$	245,014	$	341,277
Short term investments		214,625		—		—
Accounts receivable		310,377		289,849		229,234
Inventories		217,964		196,864		175,986
Other current assets		68,257		34,479		34,326
Total current assets		1,007,420		766,206		780,823
Investments		14		36,414		16,793
Property, plant and equipment		87,054		74,810		52,656
Intangible assets
Goodwill		179,991		135,396		134,286
Other intangible assets		18,920		11,175		15,816
Other assets		34,064		33,063		27,323
Total assets	$	1,327,463	$	1,057,064	$	1,027,697
Current liabilities
Short-term debt	$	11,856	$	14,071	$	9,875
Accounts payable		218,129		181,290		177,748
Accrued liabilities		235,079		162,922		156,575
Total current liabilities		465,064		358,283		344,198
Long-term debt		—		4		147,788
Other liabilities		17,874		13,601		9,562
Total liabilities		482,938		371,888		501,548
Shareholders’ equity		844,525		685,176		526,149
Total liabilities and shareholders’ equity	$	1,327,463	$	1,057,064	$	1,027,697

LOGITECH INTERNATIONAL S.A.

(In thousands)—Unaudited

	Quarter Ended March 31				Twelve Months Ended March 31
SUPPLEMENTAL FINANCIAL INFORMATION	2007		2006		2007		2006
Depreciation	$	8,944	$	6,405	$	35,239	$	29,880
Amortization of other acquisition-related intangibles		1,591		1,160		4,876		4,641
Operating income		55,298		54,771		230,862		198,911
Operating income before depreciation and amortization		65,833		62,336		270,977		233,432
Capital expenditures		10,605		16,485		47,246		54,102
Net sales by channel:
Retail	$	457,205	$	418,388	$	1,844,395	$	1,588,033
OEM		55,529		47,668		222,174		208,682
Total net sales	$	512,734	$	466,056	$	2,066,569	$	1,796,715
Net sales by product family:
Retail—Cordless	$	140,110	$	114,652	$	525,885	$	448,358
Retail—Corded		85,271		81,569		332,129		314,695
Retail—Video		54,974		81,102		313,932		273,340
Retail—Audio		97,329		87,496		404,069		334,496
Retail—Gaming		38,827		28,808		145,784		136,944
Retail—Other		40,694		24,761		122,596		80,200
OEM		55,529		47,668		222,174		208,682
Total net sales	$	512,734	$	466,056	$	2,066,569	$	1,796,715

LOGITECH INTERNATIONAL S.A.

(In thousands, except per share) - Unaudited

SUPPLEMENTAL FINANCIAL INFORMATION Reconciliation of GAAP to non-GAAP Financial Measures	Quarter Ended March 31 2007			Twelve Months Ended March 31 2007
GAAP gross margin		34.5	%		34.3	%
Adjustments:
Effect of stock-based compensation		0.0	%		0.1	%
Non-GAAP gross margin		34.5	%		34.4	%
GAAP operating income	$	55,298		$	230,862
Adjustments:
Effect of stock-based compensation		4,470			19,464
Non-GAAP operating income	$	59,768		$	250,326
GAAP net income	$	56,193		$	229,848
Adjustments:
Effect of stock-based compensation		2,255			14,938
Non-GAAP net income	$	58,448		$	244,786
Stock-based Compensation Expense for Employee Stock Options and Employee Stock Purchases	Quarter Ended March 31 2007			Twelve Months Ended March 31 2007
Cost of goods sold	$	—		$	2,077
Marketing and selling		1,772			7,167
Research and development		824			3,151
General and administration		1,874			7,069
Income tax benefit		(2,215	)		(4,526	)
Total stock-based compensation expense after income taxes	$	2,255		$	14,938
Stock-based compensation expense for employee stock options and employee stock purchases, net of tax, per share (diluted)	$	0.01		$	0.07

We sometimes use information derived from consolidated financial information but not presented in our financial statements prepared in accordance with U.S. generally accepted accounting principles (GAAP). Certain of these data are considered “non-GAAP financial measures” under the U.S. Securities and Exchange Commission rules. The adjustments between the GAAP and non-GAAP financial measures presented above consist of share-based compensation expense for employee stock options and employee stock purchases, and the related income tax effect, as recognized in accordance with SFAS 123R. Because we implemented SFAS 123R effective April 1, 2006, our financial results for the three and twelve months ended March 31, 2006 do not include the effect of share-based compensation expense and are presented in the accompanying earnings release only on a GAAP basis. Our management uses these non-GAAP measures in its financial and operational decision-making. Our management believes these non-GAAP measures, when considered in conjunction with the corresponding GAAP measures, facilitate the comparison by our investors of results for periods subsequent to our adoption of SFAS 123R, with corresponding prior periods for which SFAS 123R was not effective.