Bang & Olufsen A/S

Bang & Olufsen A/S

1.40
EUR
-0.01
(-0.85%)
-0.06EPS
271.66MMarket Cap
Jan 13Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
24.6
24.51
27.2
30.51
33.95
30.14
22.24
21.41
24.01
22.42
21.08
17.33
17.31
19.44
Basic EPS, GAAP
-0.33
0.59
-2.15
-1.2
0.84
0.2
-6.28
-0.19
-0.24
-1.15
-0.14
-0.2
-0.75
-0.47
Free Cash Flow per Basic Share
-2.38
-2.47
-2.24
1.14
0.84
-3.02
-2.85
0.92
-1.41
-0.2
0.07
0.12
-1.03
0.16
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
18.26
19.86
17.83
16.39
17.66
15.5
9.08
9.39
9.2
8
7.9
7.92
7.05
7.18
Tangible Book Value per Share
9.14
14.99
13.12
12.4
14.89
13.01
6.64
7.17
6.41
4.87
4.63
4.83
3.65
3.9
Basic Weighted Avg Shares
88
96
97
97
97
94
92
123
123
123
123
147
143
138
Sales/Revenue/Turnover
2,162
2,357
2,633
2,954
3,285
2,838
2,036
2,629
2,948
2,752
2,588
2,553
2,468
2,685
Operating Margin (%)
-12.06
-34.25
-7.68
-4.37
3.71
2.08
-16.99
0.72
1.56
-4.51
0.7
0.63
-3.53
-0.22
Depreciation Expense
342
431
248
328
275
190
200
181
211
222
234
240
257
246
Net Income, GAAP
-29
57
-208
-116
81
19
-575
-23
-30
-141
-17
-29
-107
-65
Effective Tax Rate (%)
- -
- -
- -
- -
30.77
42.42
- -
- -
- -
- -
- -
1,550
- -
- -
Profit Margin (%)
-1.34
2.42
-7.89
-3.94
2.47
0.67
-28.24
-0.87
-1.02
-5.12
-0.66
-1.14
-4.34
-2.42
Working Capital
455
1,277
1,193
1,034
1,251
893
480
708
572
351
328
471
310
311
LT Debt
198
191
181
170
161
69
202
178
153
165
170
154
263
148
Total Equity
1,604
1,921
1,725
1,586
1,709
1,419
832
1,133
1,100
958
956
1,144
1,006
1,026
Return on Invested Capital (%)
- -
- -
- -
- -
4.71
2.06
- -
- -
- -
- -
- -
-14.91
- -
- -
Return on Capital (%)
- -
- -
- -
- -
4.86
1.98
- -
- -
- -
- -
- -
-78.83
- -
- -
Return on Common Equity (%)
-1.79
3.23
-11.39
-7.04
4.92
1.21
-51.09
-2.34
-2.69
-13.7
-1.78
-2.76
-9.95
-6.61

Capital Structure

DKK

•

in mil. unless spec.
Feb'25
May'25
Nov'26
ST Debt
192
237
320
LT Borrowings
51
50
49
LT Finance Leases
88
104
99
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
146
144
143
Market Capitalization
2,075
1,852
2,028

Working Capital

DKK

•

in mil. unless spec.
Feb'25
May'25
Nov'26
Total Current Assets
1,317
1,451
1,374
Cash, Cash Equivalents & STI
512
525
377
Accounts Receivable, Net
269
348
398
Inventories
413
447
487
Total Current Liabilities
790
980
1,063
Payables & Accruals
- -
- -
- -
ST Debt
192
237
320
Deferred Revenue
- -
- -
- -

Growth Rates

DKK

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-3.09%
-1.68%
-12.06%
Free Cash Flow
-210.25%
-264.57%
-964.71%
Net Income, GAAP
-286.02%
130.41%
268.97%
Sales/Revenue/Turnover
0.55%
-1.03%
-3.33%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

DKK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
619
700
614
655
2,588
2025
544
698
631
680
2,553
2026
- -
676
- -
- -
2,468

Quarterly Earnings Per Share

DKK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.06
0.07
0.03
-0.29
-0.14
2025
-0.14
-0.1
0.05
-0.04
-0.2
2026
- -
-0.4
- -
- -
-0.75

Quarterly Dividends Per Share

DKK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Gianfilippo Testa
Full Time Employees
1,180
Sector
Consumer durables
Industry
Electronics/Appliances
Address
Bang & Olufsen Allé 1 Struer CD Denmark 7600
IPO Date
Jan 1, 1977
Business
Bang & Olufsen a/s is a Danish high-end consumer electronics company specializing in the design, development, manufacturing, and sale of premium audio and video products. Its core product offerings include high-quality speakers, wireless headphones, television sets, and connected audio systems distinguished by superior sound, timeless design, and craftsmanship. The company markets a range of product categories including Beoplay wireless headphones such as the Beoplay HX and H95; Beosound wireless speakers including the Beosound A9 platform; luxury television models; and bespoke automotive audio systems through strategic partnerships. Bang & Olufsen operates globally with a presence in more than 70 markets including Europe, the Middle East, Africa, the Americas, and Asia, serving affluent consumers and luxury market segments. Founded in 1925 and headquartered in Struer, Denmark, Bang & Olufsen engages in continuous product innovation and partnerships to bolster its luxury positioning. Recent major changes include a global strategic licensing partnership with augmented reality leader RayNeo to integrate "Audio by Bang & Olufsen" into AR eyewear, augmenting user experience through immersive sound technology. Additionally, the company expanded its collaboration with Ferrari by launching a second collection of Ferrari-branded speakers featuring sophisticated new designs. In 2023/24, Bang & Olufsen reported record-high gross margins and improved EBIT margin despite a slight revenue decline, driven by strategic investments in strengthening its luxury brand positioning, optimizing retail networks, and growing license revenues. The company is executing the Luxury Timeless Technology strategy, focusing on expanding monobrand stores in key cities worldwide, investing in product portfolio enhancements, and increasing pricing to align with its premium market role. Bang & Olufsen’s business segments encompass consumer electronics, premium audio, home integration solutions, and automotive sound systems. It distributes through company-operated stores, e-commerce channels, and selective retail partners. The company employs over 1,000 people and is listed on NASDAQ Copenhagen A/S under the ticker BO.CO. Key recent product launches include the Beolab 8 speaker and Beo Grace earpieces, marking significant innovation aligning with the firm's century-old heritage of luxury sound and design excellence. The company continues strategic cost investments in capacity and capital expenditures to support long-term profitable growth through 2027/28. Bang & Olufsen is positioned as a leader in the luxury audio market with a comprehensive portfolio of technologically advanced audio products and strategic alliances enhancing its brand and product reach worldwide.

Company News

  • Bang & Olufsen A/S (BGOUF) Q1 2027 Sales/Trading Call Transcript

  • Bang & Olufsen A/S (BGOUF) Q4 2026 Earnings Call Transcript

  • Bang & Olufsen A/S (BGOUF) Q3 2026 Sales/Trading Call Transcript

  • Bang & Olufsen A/S (BGOUF) Q2 2026 Earnings Call Transcript

  • Bang & Olufsen A/S (BGOUF) Q1 2026 Sales Call Transcript

  • Bang & Olufsen shares drop after disappointing China sales

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

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

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

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