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- Q2 2023 Bang & Olufsen A/S Earnings Call TranscriptJan 11, 2023€1.24 (-0.48%)Earnings
- Q1 2023 Bang & Olufsen A/S Earnings Call TranscriptOct 05, 2022€1.21 (-3.88%)Earnings
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- Q2 2022 Bang & Olufsen A/S Earnings Call TranscriptJan 12, 2022€3.72 (+0.27%)Earnings
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- Q2 2021 Bang & Olufsen A/S Earnings Call TranscriptJan 12, 2021€5.12 (+0.59%)Earnings
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- Q3 2020 Bang & Olufsen A/S Earnings Call TranscriptApr 02, 2020€1.36 (+2.07%)Earnings
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- Q2 2020 Bang & Olufsen A/S Earnings Call TranscriptJan 14, 2020€2.06 (+2.67%)Earnings
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- Q3 2019 Bang & Olufsen A/S Guidance Call TranscriptMar 26, 2019
Q1 2021 Bang & Olufsen A/S Earnings Call Transcript
Ladies and gentlemen, welcome to the Bang & Olufsen Interim Report First Quarter 2020/'21. (Operator Instructions)
Speakers, please begin.
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So hello, everyone, and thank you for joining the call. Today I will start by going through the highlights of the quarter and provide an update on how we are progressing and unfolding our strategy. Afterwards, Nikolaj Wendelboe, our CFO, will take you through our financials in more detail. Then I will go through the outlook for 2021 before we open up for questions. Our Head of Marketing, Digital and Customer Experience, Christian Birk, is also with us today and will take part in the Q&A session later.
So if we move to Slide #4. For the first time in 2 years, we reported revenue growth. The revenue increased by 11% in local currency to DKK 462 million in Q1. The EBIT was negative DKK 39 million, and free cash flow was negative DKK 62 million. This was a
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