Luxury TV and stereo maker B&O posts first revenue growth in a year

Bang & Olufsen A/S

01/10/2020 07:20

COPENHAGEN, Oct 1 (Reuters) - Denmark's Bang & Olufsen
 BO.CO  reported a 10.3% increase in first-quarter revenue on
Thursday, the audio and visual equipment manufacturer's first
topline growth in a year. 
    The company posted revenue of 462 million Danish crowns 
($72.9 million). It's loss before interest, tax and special
items (EBIT) narrowed to 41 million crowns from a loss of 129
million crowns in the same period last year. 
($1 = 6.3361 Danish crowns)

 (Reporting by Nikolaj Skydsgaard
Editing by David Goodman
)
 ((Nikolaj.Skydsgaard@thomsonreuters.com;))