Financial Information

Financial Information

Bang & Olufsen Group (DKK million)  2018/19 2017/18 2016/17 2015/16 2014/15
Income statement          
Revenue  2,838 3,285 2,954 2,633 2,356
Gross margin, %  48.5 43.6 38.1 36.1 24.6
Earnings before interest, taxes, depreciation, amortisation and capitalisation (EBITDAC) 170 292 25 -106 -535
Earnings before interest, taxes, depreciation and amortisation (EBITDA) 249 398 199 46 -376
Earnings before interest and tax (EBIT) 59 122 -129 -202 -807
Financial items, net  -26 -5 -37 -39 -6
Earnings before tax (EBT) 33 118 -166 -242 -803
Earnings, continued operations 33 81 -117 -198 -607
Earnings, discontinued operations 0 0 -0 -10 664
Earnings after tax  19 81 -117 -208 57
           
Financial position:          
Total assets  2,462 2,921 2,847 2,832 3,449
Share capital  432 432 432 432 432
Equity  1,419 1,710 1,586 1,725 1,921
Net interest-bearing receivable / (debt ) 420 985 900 599 788
Net working capital  410 100 27 319 261
           
Cash flow          
– from operationg activities  -131 248 352 -5 55
– from investment activities  -141 -163 -45 -182 858
– free cash flow  -272 85 307 -187 913
– from financing activities  -391 -9 -17 -223 233
Cash flow for fthe period  -663 75 291 -409 1,146
Key figures          
EBITDA-margin, %  8.7 12.1 6.7 1.8 -16.0
EBIT-margin, %  2.1 3.7 -4.4 -8.4 -34.3
Return on assets, %  0.8 2.8 -6.9 -10.2 -36.1
Return on invested capital, excl. goodwill, %  2.0 11.9 20.1 -4.1 -41.5
Return on equity, %  1.4 4.7 -7.0 -11.4 3.2
Full time employees at the end of the period  957 1,028 1,169 1,734 2,015
           
Stock related key figures          
Earnings per share (EPS), DKK  0.5 1.9 -2.7 -4.8 1.3
Earnings per share, diluted (EPS-D), DKK  0.5 1.9 -2.7 -4.8 1.3
Price/Earnings  109.8 76.2 -38.0 -13.3 43.9
           
*Numbers can be found in the Annual Report 2017/18          

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