struer august 14 2002 announcement to the stock exchange for 2001 02 bang & olufsen a s year turnover totalled dkk 4 212 million against 3 810 last this corresponds rise of 402 ie 11 on ordinary result before tax was in line with expectations 226 mil lion 224 positive cash flow 184 fourth quarter 1 023 905 pre 25 10 118 and earnings growth 15 20 or above uk japanese spanish portuguese us markets satisfactory development german danish during financial 39 is second largest market although sales rose by losses activities impacted negatively 73 completed launch five new products as planned
