Bang & Olufsen A/S (CPH: BO)

Denmark flag Denmark · Delayed Price · Currency is DKK
8.65
-0.03 (-0.35%)
Aug 30, 2024, 4:59 PM CET
-4.74%
Market Cap 1.05B
Revenue (ttm) 2.59B
Net Income (ttm) -17.00M
Shares Out 121.00M
EPS (ttm) -0.14
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 61,799
Open 8.66
Previous Close 8.68
Day's Range 8.65 - 8.76
52-Week Range 8.15 - 11.00
Beta 1.45
Analysts n/a
Price Target n/a
Earnings Date Oct 10, 2024

About Bang & Olufsen

Bang & Olufsen A/S designs, develops, markets, manufactures, and sells audio and video products in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. It offers portable and home audio speakers, as well as speaker sets and accessories; over-ear, in-ear, and noise-cancellation headphones and accessories; televisions, and remotes and smart home products; and soundbars. The company sells its products through its stores and online. The company was founded in 1925 and is headquartered in Struer, Denmark. [Read more]

Sector Technology
Founded 1925
Employees 1,028
Stock Exchange Nasdaq Copenhagen
Ticker Symbol BO
Full Company Profile

Financial Performance

In 2024, Bang & Olufsen's revenue was 2.59 billion, a decrease of -5.96% compared to the previous year's 2.75 billion. Losses were -17.00 million, -87.94% less than in 2023.

Financial Statements

News

Interim report for Q3 2023/24: B&O's strong gross margin performance contributed to positive earnings in Q3 despite lower revenue

Despite a lower-than-expected revenue level, Bang & Olufsen generated positive earnings and delivered another quarter with a record-high gross margin. This is an outcome of the company's continued wor...

5 months ago - GlobeNewsWire

Bang & Olufsen interim report for Q2 2023/24: Strong gross margin contributed to positive earnings in Q2 despite lower revenue

Bang & Olufsen improved its gross margin significantly by 9 percentage points in the second quarter of the financial year (September-November) and delivered positive earnings despite declining revenue...

8 months ago - GlobeNewsWire

Bang & Olufsen shares drop after disappointing China sales

Shares in Bang & Olufsen plummeted 11% on Friday after the Danish audio and video equipment maker reported a preliminary operating loss for the third quarter and lowered its full-year profit outlook d...

1 year ago - Reuters

Bang & Olufsen releases preliminary Q3 numbers and adjusts outlook due to lower than expected sales in China

Bang & Olufsen releases the preliminary financial numbers for Q3 2022/23 and adjusts the outlook for the financial year 2022/23 (ending on 31 May 2023). The reason for the outlook adjustment is lower ...

1 year ago - GlobeNewsWire

Bang & Olufsen annual report 2021/22: Second year with double-digit growth and improved profitability despite headwinds

Revenue amounted to DKK 2,948m, equivalent to 12% growth (10% in local currencies). Both product sales and Brand Partnering & other activities grew. The company managed to achieve double-digit growth ...

2 years ago - GlobeNewsWire

Bang & Olufsen expects double-digit sales growth in 2021/22

Danish TV and stereo maker Bang & Olufsen on Wednesday said it expects double-digit revenue growth in the 2021/22 financial year as it reported fourth-quarter sales in line with preliminary figures re...

3 years ago - Reuters

Bang & Olufsen annual report 2020/21: First phase of turnaround completed as Bang & Olufsen returns to profitability

Revenue increased by 31% in local currencies to DKK 2,629m. EBIT before special items amounted to DKK 38m, equivalent to a margin of 1.4%, up 16.4pp compared to 2019/20. Free cash flow was DKK 119m, d...

3 years ago - GlobeNewsWire

Bang & Olufsen's quarterly sales up 14%, keeps guidance

Bang & Olufsen on Thursday maintained its full year guidance after posting double-digit sales growth for a third quarter in a row helped by marketing initiatives and higher demand for home entertainme...

3 years ago - Reuters

Bang & Olufsen's interim report Q3 2020/21: B&O reports double-digit growth for the third quarter in a row

With revenue growth of 16% in local currencies, the company delivered double-digit year-on-year growth for the third quarter in a row. It was also the second consecutive quarter with positive EBIT and...

3 years ago - GlobeNewsWire

Bang & Olufsen would listen if approached by buyer: chairman

Luxury TV and speaker maker Bang & Olufsen would listen if approached by a buyer, chairman Ole Andersen told newspaper Borsen, following three earnings warnings this year.

5 years ago - Reuters

Bang and Olufsen's gorgeous OLED TV has folding speaker 'wings'

And it's an LG OLED inside, so you know it's good.

5 years ago - Engadget