Bang & Olufsen A/S
CSE:BO

Watchlist Manager
Bang & Olufsen A/S Logo
Bang & Olufsen A/S
CSE:BO
Watchlist
Price: 14.58 DKK 0.14% Market Closed
Market Cap: 2.1B DKK

Bang & Olufsen A/S
Investor Relations

Bang & Olufsen A/S engages in the provision of audio products. The firm supplies primarily music systems, loudspeakers, television sets and multimedia products. Its activities are divided into two business areas: Business-to-Consumer (B2C) and Business-to-Business (B2B). The B2C area includes two segments: audiovisual (AV), offering audio and video products sold under the Bang & Olufsen brand; and B&O PLAY, which delivers stand-alone, portable products. The B2B business area also consists of Automotive segment, which comprises development, production and sale of sound systems for a range of cars, such as Aston Martin, Audi, BMW and Mercedes-Benz. Furthermore, the Company is parent of Bang & Olufsen Group, which operates worldwide.

Show more
Loading
No Stocks Selected

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare
Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Apr 9, 2025
AI Summary
Q3 2025

Revenue Growth: Q3 revenue rose by 2% in local currencies, led by strong performance in EMEA and the Americas, and was in line with expectations.

Record Margins: Gross margin reached a record 55.4%, up 2.2 percentage points year-on-year, and EBIT margin improved to 3.8%.

Cash Flow: Free cash flow was positive at DKK 18 million, with guidance for the full year at the high end of the range despite expectations of negative cash flow in Q4.

Sell-Out Strength: Like-for-like sell-out grew 15%, driven by 21% growth in branded channels and 36% growth in Win cities.

Tariff Impact: Recent and potential new tariffs are expected to have a cost impact, especially in the U.S., but management is implementing global price increases and considering further measures.

Channel & Product Developments: Expansion in key cities and new customizable luxury products (Atelier) supporting higher price points and margins.

Guidance Narrowed: Full-year revenue growth is now expected at the lower end of the -3% to +3% range, EBIT margin in the mid-range, and free cash flow at the high end.

Key Financials
Revenue
DKK 631 million
Gross Margin
55.4%
EBIT Margin
3.8%
Free Cash Flow
DKK 18 million
Like-for-like Sell-out Growth
15%
Branded Channels Sell-out Growth
21%
Win Cities Sell-out Growth
36%
APAC Revenue
DKK 164 million
Gross Margin (EMEA)
51%
Gross Margin (Americas)
49.6%
Gross Margin (APAC)
55.7%
Brand Partnering and Other Activities Revenue
DKK 70 million
Net Working Capital
DKK 255 million
Inventories
DKK 413 million
Capital Resources
DKK 532 million
Available Liquidity
DKK 372 million
Earnings Call Recording
Other Earnings Calls

Management

Mr. Kristian Tear
CEO & Member of the Executive Board
No Bio Available
Mr. Nikolaj Wendelboe
Executive VP, CFO & Member of Executive Management Board
No Bio Available
Ms. Line Kohler Ljungdahl
Executive VP, Chief Corporate Commercial Officer & Member of the Executive Management Board
No Bio Available
Cristina Ronde Hefting
Head of Investor Relations
No Bio Available
Martin Skov
VP, Head of Product Creation & Interim Head of Design, Creation and Fulfilment
No Bio Available
Mr. Claus Højmark Jensen
Director of Brand & Market Operations
No Bio Available
Christoffer Østergaard Poulsen
Vice President of Product Management
No Bio Available

Contacts

Address
Struer
Bang & Olufsen Alle 1
Contacts