Bang & Olufsen News

Bang & Olufsen 3Q Pretax Seen 17% On Yr
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April 23rd, 2006
Bang & Olufsen (BO-B.KO) is expected Wednesday 19th April at 1130 GMT, to report 3Q pretax profit of DKK157M, up 17% from DKK135M at the same point last year, according to the average of three analysts' estimates, driven by strong sales of flat-screen TVs. Revenues seen up 9% to DKK1.14B from DKK1.05B, whilst net profit seen 14% at DKK102M. The focus will be on sales trends of new products including the 40-inch flat screen TV, stereo system for Audi A8, high-end mobile phone, and BeoLab 4 speakers. Investors are also curious to see whether B&O will revise its full-year forecast. (JHC)

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