Financial Information

Financial Information

DKK millionH1FYFYFYFY
 2024/252023/242022/232021/222020/21
Income statement     
Revenue 1,2422,5882,7522,9482,629
Gross margin, % 54.3%51.3%44.2%45.3%43.3%
EBITDA10425798257203
EBIT bsi*-561-1055438
EBIT-1218-1244619
Financial items, net-13-25-28-54-52
Earnings before tax (EBT)-25-7-152-8-33
Earnings after tax (EAT)-30-17-187-30-23
      
Financial position:     
Total assets 2,2232,2972,3852,5182,276
Share capital 613613613613613
Equity 9429569581,1001,133
Cash87177216162178
Available liquidity159184224301593
Net interest-bearing deposits/debt-45-3422111361
Net working capital250263222335187
      
Cash flow     
– from operating activities 8722619876297
– from operational investments-93-209204-248-178
Free Cash flow -611-20-172119
– from financing activities -9054649-152
Cash flow for the period -92-3758-18-33
      
Key figures     
Growth in local currencies-6%-5%-8%10%31%
Gross margin54.3%53.3%44.2%45.3%43.3%
EBITDA margin8.4%11.6%3.6%8.7%8.4%
EBIT margin bsi*-0.4%2.4%-3.8%1.8%1.4%
EBIT margin-1.0%0.7%-4.5%1.6%0.7%
Return on assets-1.4%-0.7%-7.7%-1.2%-1.0%
Return on invested capital excl. GW-10.1%16.7%0.4%19.3%14.3%
Return on equity-3.2%-1.8%-20.0%-2.7%-2.1%
Full time employees end of period1,0029989961,073947
      
Stock related key figures     
Earnings per share (EPS), DKK -0.20.1-1.2-0.2-0.2
Earnings per share, diluted, DKK -0.20.1-1.2-0.2-0.2
Price/Earnings -39.7-75.7-9.8-67.6-168.6

* before special items

Investor contact

Cristina Rønde Hefting
Head of Investor Relations
+45-41537303
crrh@bang-olufsen.dk
 
Major Shareholder Announcements should be sent directly to
major-shareholder@bang-olufsen.dk
 

Press contact

Marie Elbæk
Global communications
+45 60 21 25 42
Press@bang-olufsen.dk
 

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