Considerations of strengthening capital base.
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