Brief: Bang & Olufsen Q3 Adjusted EBIT DKK 24 Mln

Bang & Olufsen A/S

09/04/2025 07:08

April 9 (Reuters) - Bang & Olufsen A/S BO.CO:

Q3 GROSS MARGIN 55.4%

Q3 REVENUE DKK 631 MILLION

Q3 FREE CASH FLOW DKK 18 MILLION

Q3 ADJUSTED EBIT DKK 24 MILLION

Q3 ADJUSTED EBIT MARGIN 3.8%

RANGES NARROWED FOR FY 2024/25 FINANCIAL OUTLOOK * REVENUE GROWTH IN LOCAL CURRENCIES: -3% TO 3%

RANGES NARROWED FOR FY 2024/25 FINANCIAL OUTLOOK * EBIT MARGIN BEFORE SPECIAL ITEMS: -2% TO 1%

RANGES NARROWED FOR FY 2024/25 FINANCIAL OUTLOOK : FREE CASH FLOW: DKK -100M TO 0M

REVENUE GROWTH IN LOCAL CURRENCIES IS EXPECTED AT LOWER END OF RANGE

EBIT MARGIN BEFORE SPECIAL ITEMS IS EXPECTED IN MID-RANGE AND FREE CASH FLOW IS EXPECTED IN TOP OF RANGE

AMID GEOPOLITICAL UNCERTAINTIES INCLUDING RECENT ANNOUNCED TARIFFS, WE ARE CONTINUING STRATEGIC TRANSITION BY INVESTING PROCEEDS OF OUR RECENT CAPITAL RAISE IN FUTURE PROFITABLE GROWTH

MODEST PRICE INCREASES WERE IMPLEMENTED ON SELECTED PRODUCTS IN JANUARY 2025

FURTHER PRICE INCREASES WILL BE IMPLEMENTED BY 1 MAY 2025, IN RESPONSE TO NORMAL PRICE ADJUSTMENTS AND RECENT TARIFFS

Source text: ID:nGNEqdm5X

Further company coverage: BO.CO

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