Brief: Bang & Olufsen Q2 Revenue Down At DKK 700 Mln

Bang & Olufsen A/S

10/01/2024 07:40

Jan 10 (Reuters) - Bang & Olufsen A/S  BO.CO :
    * BANG & OLUFSEN INTERIM REPORT FOR Q2 2023/24: STRONG GROSS
MARGIN CONTRIBUTED TO POSITIVE EARNINGS IN Q2 DESPITE LOWER
REVENUE
    * OUTLOOK 2023/2024: REVENUE GROWTH (IN LOCAL CURRENCIES):
0% TO
9%
    * OUTLOOK 2023/2024: EBIT MARGIN BEFORE SPECIAL ITEMS: 0% TO
6%
    * OUTLOOK 2023/2024: FREE CASH FLOW (DKK MILLION): -50 TO
100
    * SLOWER-THAN-EXPECTED RECOVERY OF CHINESE ECONOMY ADVERSELY
IMPACTED SALES
    * Q2 REVENUE DKK 700 MILLION VERSUS DKK 859 MILLION YEAR AGO

Source text for Eikon:  ID:nGNE3qh6Ts 
Further company coverage:  BO.CO 

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