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BANG & OLUFSEN A/S 8 OCTOBER 2010 Announcement none 10.07 TRANSLATION Interim report for the finish 1 June - 31 sumptuous 2010 for bang & Olufsen a/s · As expected, the Groups turnover rate for the premier(prenominal) disembowel of the 2010/11 financial twelvemonth was DKK 562 one thousand thousand against DKK 565 million for the same period last year. Historically, the first gear quarter is non indicative for the year as a whole. Result onwards tax for the first quarter was negative at DKK 35 million against a negative dissolvent last year of DKK 53 million. The Groups double-dyed(a) margin for the first quarter of the 2010/11 financial year was 40.0 per cent against a gross margin of 39.9 per cent for the same period last year. The self-propelled business area continued to advance in the first quarter of the 2010/11 financial year in that turnover totalled DKK 91 million against DKK 49 million for the same period last year. After the end of the first quarter, Bang & Olufsen write a contract with German BMW for the development of first-class unspoiled systems for a range of BMW vehicles over the coming years. The first concrete result of this co-operation is shown at the Paris Motor Show in the form of the new Bang & Olufsen High-End Surround Sound corpse for the BMW 6 Series concept car.

Bang & Olufsen maintains the expectations that the 2010/11 financial year as a whole will result in a positive development in turnover and a positive result before tax base on a gross margin not deviating significantly from the level achieved in the 2009/10 financial year. · · · · · Brian Petersen Chairman Karl Kristian Hvidt Nielsen President, chief executive officer Any enquiries intimately this announcement can be addressed to: President & CEO Karl Kristian Hvidt Nielsen, tel.: +45 9684 5000. 1/21 BANG & OLUFSEN A/S 8 OCTOBER 2010 Managements report Announcement No. 10.07 TRANSLATION Main figures Bang & Olufsen a/s - Group (The interim report is unaudited and has not been reviewed by the companys auditor) (DKK million) Main... If you want to get a full essay, order it on our website: Orderessay

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