Interim report for the period 1 June 2007 - 29 February 2008 for Bang & Olufsen a/s


The Group's turnover for the first three quarters of the financial year was DKK
3,207 million against DKK 3,287 million for the same period last year. Medicom
was recognised in the comparative figures for 2006/07 at DKK 101 million.
Consequently, the Group has, in fact, recorded an increase in turnover of DKK
21 million. 

The Group's gross margin was 46.2 per cent compared to 47.1 per cent for the
same period last year owing to a change in the product mix. 

Operating profit totalled DKK 219 million against DKK 415 million, while result
before tax totalled 191 million against DKK 409 million, a decrease of DKK 218
million. Result before tax was among other things affected by non-recurring
expenditures and a negative change in the net effect of capitalisation of DKK
58 million and increased distribution and marketing costs of more than DKK 50
million. 

The Group's third quarter turnover was DKK 1,041 million, equating to a
decrease in turnover of DKK 177 million or 15 per cent. Result before tax for
the quarter was a profit of DKK 41 million against DKK 171 million last year. 

In the first three quarters, the three largest markets, Denmark, Germany and
the UK, recorded an overall decline in turnover of DKK 132 million of which DKK
118 million was in the third quarter. The North American market maintained its
turnover level for the period as a whole, although the third quarter saw a
decline of DKK 17 million. 

The Group's strongest growing geographical markets were the Expansion Markets,
Japan, Asia-Pacific, France and Switzerland which recorded an overall advance
in turnover of DKK 111 million in the three first quarters, of which DKK 18
million was in the third quarter. Between them, the business areas Automotive
and Enterprise recorded an increase in turnover of DKK 81 million and
Enterprise's order book has been particularly satisfactory. 

During the third quarter, Bang & Olufsen launched the BeoLab 10 loudspeaker and
the ground-breaking, patented technology, Automatic Colour Management, which
has further differentiated the plasma TV portfolio. 

The Group's strategy continues to be aimed at maintaining a high level of
activity in the product development area, to open 50 new B1 shops per annum
worldwide and to realise the significant potential within business areas such
as Automotive and Enterprise as well as in a number of overseas markets. 

Turnover for the 2007/08 financial year is expected to be in the region of DKK
4,250 million and DKK 4,350 million while operating profit is expected to be
between DKK 225 and 275 million. In accordance with the Group's announcement on
March 14, 2008, result before tax is expected to be within the range of DKK 200
to 250 million. 



Jørgen Worning	Peter Thostrup
Chairman		Executive Vice President

For further information, please contact: Executive Vice President Peter
Thostrup, tel.: +45 9684 5004.

Attachments

bo_0717_fuk.pdf