In Q2, Bang & Olufsen delivered 15% revenue growth in local currencies and 3.5% EBIT margin before special items, while free cash flow was positive by DKK 11m. Product sales grew 22%, driven in particular by the Staged and Flexible Living categories. The financial performance continued to be adversely impacted by the global supply chain challenges, which affected both product availability and led to higher cost of goods sold in the quarter. Read more here

Investor contact

Martin Raasch Egenhardt
Head of Investor Relations
+45-53707439
mare@bang-olufsen.dk
 
Major Shareholder Announcements should be sent directly to
major-shareholder@bang-olufsen.dk
 

Press contact

Jens Gamborg
Head of Group Communications
+45 2496 9371
Press@bang-olufsen.dk

Investor Relations