The outlook for 2022/23 is subject to unusually high uncertainty related to consumer sentiment due to high inflation, increasing interest rates and the war in Ukraine, which has increased the risk of recession. Furthermore, there is higher geopolitical uncertainty and risk related to current and potential future regional COVID-19 related lockdowns in China. The company's outlook for the financial year 2022/23 is as follows:


Outlook 2022/23

Revenue growth (in local currencies):

-4% to 5%

EBIT margin before special items

-2% to 3%

Free cash flow (DKKm)

-50 to 100

Investor contact

Martin Raasch Egenhardt
Head of Investor Relations
Major Shareholder Announcements should be sent directly to

Press contact

Jens Gamborg
Head of Group Communications
+45 2496 9371

Other enquiries

For all non-PR or non-IR related enquiries, e.g. advertising and HR related questions,
please contact Bang & Olufsen’s main office at:
+45 9684 1122