Bang & Olufsen: First revenue growth in a year, shares jump

Bang & Olufsen A/S

01/10/2020 08:24

** Shares in Danish luxury TV and stereo maker Bang &
Olufsen  BO.CO  rise 7.2% after the company reported first
year-on-year revenue growth since Q1 2018/19 and good progress
on strategy execution  urn:newsml:reuters.com:*:nL8N2GS140
    ** Bang & Olufsen posted Q1 revenue up 10.3% at DKK 462
million ($72.89 million) while EBIT losses narrowed to DKK 41
million from DKK 129 million a year earlier.
    ** Stock is one of the top performers on Copenhagen All
Share Index  .OMXCPI 


($1 = 6.3381 Danish crowns)

 ((paulina.cwikowska@tr.com))