Edition:
United Kingdom

Bang & Olufsen Q2 Underlying Business EBITDAC Up At DKK 135 MLn


Thursday, 11 Jan 2018 

Jan 11 (Reuters) - Bang & Olufsen A/S ::- REMAIN ON TRACK FOR FULL YEAR.- Q2 REVENUE GROWTH OF 15 PER CENT.GROUP'S TOTAL REVENUE FOR FIRST HALF OF 2017/18 WAS DKK 1,591 MILLION.- EXPECTS TO CONTINUE GROWTH MOMENTUM AND INCREASE REVENUE BY AROUND 10 PER CENT COMPARED TO 2016/17.‍EBIT MARGIN FOR UNDERLYING BUSINESS IS EXPECTED TO BE AROUND 3 PER CENT (PREVIOUSLY 1-3 PER CENT) FOR 2017/18​.GROUP'S FREE CASH FLOW IS EXPECTED TO BE POSITIVE IN 2017/18.Q2 EBITDAC IN UNDERLYING BUSINESS WAS DKK 135 MILLION AGAINST DKK 70 MILLION LAST YEAR.