

Bang & Olufsen has published results for Q3 showing revenue growth of 10% in local currencies, the seventh quarter in a row with double-digit growth. This underlines the resilience of both our business model as well as our people and partners. The EBIT margin was positive, but we continued to be challenged by the global component scarcity and significantly higher component costs. We have maintained our outlook, but we expect EBIT margin before special items and free cash flow to be in the low end of the range. Read more