Bang & Olufsen expects double-digit sales growth in 2021/22

Bang & Olufsen A/S

07/07/2021 07:44

COPENHAGEN, July 7 (Reuters) - Danish TV and stereo maker
Bang & Olufsen  BO.CO  on Wednesday said it expects double-digit
revenue growth in the 2021/22 financial year as it reported
fourth-quarter sales in line with preliminary figures released
earlier this month.
    Bang & Olufsen, whose most expensive speakers cost $95,000,
said its fourth-quarter revenue rose to 776 million Danish
crowns ($123.43 million) up from 377 million crowns in the
year-ago period.
    

($1 = 6.2868 Danish crowns)

 (Reporting by Tim Barsoe, editing by Louise Heavens)
 ((Tim.Barsoe@thomsonreuters.com;))