Brief: B&O Q2 Revenue Above Consensus

Bang & Olufsen A/S

11/01/2023 07:12

Jan 11 (Reuters) - B&O Q2 adjusted EBIT margin 1.6%.
* Q2 free cash flow DKK 1 million
* Q2 EBIT DKK 13 million vs. estimate DKK -21 million
* Q2 gross margin 44.4%
* Q2 revenue DKK 859 million vs. estimate DKK 742 million
* Outlook 2022/23: Revenue growth (in local currencies): -4% to 5%
* Outlook 2022/23: EBIT margin before special items: -2% to 3%
* Outlook 2022/23: Free cash flow (DKK million): -50 to 100