Brief: Bang & Olufsen: CEO Kristian Teär Steps Down, Q2 Revenue DKK 676 Mln
Jan 7 (Reuters) - Bang & Olufsen A/S BO.CO: Q2 REVENUE DKK 676 MILLION Q2 ADJUSTED EBIT MARGIN -5.3% GROSS MARGIN 57.9% Q2 FREE CASH FLOW DKK -33 MILLION OUTLOOK FY ADJUSTED EBIT MARGIN -3 TO 1% CEO KRISTIAN TEÄR STEPS DOWN NIKOLAJ WENDELBOE APPOINTED INTERIM CEO AND CFO REVENUE GROWTH OUTLOOK IN LOCAL CURRENCIES IS NARROWED TO 1% TO 5% FROM PREVIOUSLY 1% TO 8% Source text: ID:nGNE64cpK9 Further company coverage: BO.CO (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
Recent news on Bang & Olufsen A/S
See all newsDenmark's Bang & Olufsen Q1 preliminary revenue rises on growth in branded channels
Brief: B&O Q1 Adjusted EBIT At DKK -23 Million
Brief: Bang & Olufsen A/S Says Co, Motorola Announce Multi-Year Global Partnership For Premium Audio
Brief: New Sparkle Roll International Group Ltd. Is Considering Selling Its Stake In Danish Audio Brand Bang & Olufsen A/S- Bloomberg News
Brief: Bang & Olufsen Appoints Gianfilippo Testa As CEO