B&O posts preliminary Q3 numbers, lowers 2022/23 outlook

Bang & Olufsen A/S

17/03/2023 14:41

STOCKHOLM, March 17 (Reuters) - The Danish audio and
video equipment maker Bang & Olufsen  BO.CO  on Friday reported
a preliminary EBIT loss before special items for the third
quarter of 114 million Danish crowns  ($16.27 million).
    The company also cut its outlook for 2022/23 due to
lower-than expected sales in China.

($1 = 7.0050 Danish crowns)

 (Reporting by Anna Ringstrom, Editing by Jacob
Gronholt-Pedersen)
 ((anna.ringstrom@thomsonreuters.com; +46 8 502 423 74; Reuters
Messaging: anna.ringstrom.thomsonreuters.com@reuters.net))