Q1 2022 Bang & Olufsen A/S Earnings Call Transcript
Welcome to the Bang & Olufsen a/s Interim Report Q1 2021/'22. (Operator Instructions)
Today, I'm pleased to present Kristian Teär. Please go ahead with your meeting.
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Hello, everyone, and thank you for joining the call where we will present the results of our first quarter for the year.
If we move to Slide #3. I will begin by going through the financial highlights and progress on our strategic execution in Q1. Our CFO, Nikolaj, will then take you through the financials in more detail. Finally, I will briefly go through the outlook before opening up for questions. As usual, our Head of Marketing and Digital and Customer Experience, Christian Birk, is with us and will take part in the Q&A session later.
So if we move to Slide 4, please. For the first time since the financial year 2007 and '08, we managed to deliver positive EBIT before special items and positive free cash flow
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