Press Releases

Considerations of strengthening capital base.

April 11, 2014 at 9:00 AM CEST
Supporting Materials:

Struer, 2014-04-11 10:02 CEST (GLOBE NEWSWIRE) -- Company Announcement no. 13.14

 

As part of Bang & Olufsen a/s' strategic work, the company is considering various possibilities for strengthening the company's capital base for the purpose of accelerating growth through:

 

  • Increasing the investment in distribution and marketing
  • Maintaining a high R&D level to continue the strengthening of the product portfolio
  • Other initiatives, e.g. third-party distribution for B&O PLAY

 

The company is currently working with various possibilities but has not yet made any specific decisions on the matter.

 

Bang & Olufsen a/s

 

Ole Andersen                         Tue Mantoni

Chairman of the Board                                 CEO

 

 

For further Information please contact:

 

Tue Mantoni              Claus Højmark Jensen

CEO                            Investor Relations Manager

Phone: +45 96 84 50 00                  Phone: +45 23 25 10 67

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