Nordic Business Report-April 19, 2006-Bang & Olufsen posts operating result of DKK367m
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The Danish audio and video products manufacturer Bang & Olufsen issued on Wednesday (19 April) its interim report for the period 1 June 2005-28 February 2006, posting an operating result of DKK367m, as compared to DKK271m in the corresponding period in 2004/2005.
The net turnover amounted to DKK3,117m, up from DKK2,770m in the corresponding period a year earlier.
Bang & Olufsen also adjusted upward its full-year forecast from a previously announced profit of DKK400-430m to DKK420-440m.
One Danish krone (DKK) is worth approximately 0.09 British pounds (GBP).
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