B&C Speakers S.p.A.

B&C Speakers S.p.A.

11.10
EUR
-0.10
(-0.89%)
0.97EPS
11.48P/E
121.47MMarket Cap
Nov 17Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
3.08
2.89
3.38
3.58
3.69
5.03
5.1
3.05
4.26
7.61
8.6
9.14
9.06
8.74
Basic EPS, GAAP
0.43
0.4
0.46
0.57
0.57
0.85
0.78
0.18
0.46
1.13
1.28
1.62
0.93
0.97
Free Cash Flow per Basic Share
0.41
0.29
0.37
0.74
0.34
0.62
0.93
0.63
0.12
0.08
1.56
0.95
0.98
- -
Dividend per Share
0.29
0.31
0.32
0.35
1
0.42
0.5
- -
0.26
0.32
0.59
0.7
0.99
- -
Book Value per Share
1.54
1.6
1.68
2
1.62
2.06
2.33
2.41
2.61
3.39
4.2
5.06
4.97
4.83
Tangible Book Value per Share
1.39
1.46
1.54
1.87
1.36
1.81
2.09
2.17
2.37
3.13
3.95
4.79
4.7
4.56
Basic Weighted Avg Shares
10
11
11
11
11
11
11
11
11
11
11
11
11
11
Sales/Revenue/Turnover
32
33
37
38
40
55
56
33
46
82
94
100
99
95
Operating Margin (%)
22.99
20.46
20.92
22.48
21.07
17.2
18.28
9.04
14.34
22.13
20.87
19
16.41
15.28
Depreciation Expense
1
1
1
1
1
1
2
2
2
2
2
3
3
3
Net Income, GAAP
5
5
5
6
6
9
9
2
5
12
14
18
10
11
Effective Tax Rate (%)
34.97
31.68
32.9
31.12
26.28
- -
19.14
16.09
25.56
27.16
26.53
7.14
30.53
28.95
Profit Margin (%)
13.98
13.83
13.6
15.92
15.46
16.91
15.3
5.89
10.8
14.86
14.88
17.73
10.22
11.11
Working Capital
12
13
16
19
22
24
25
30
30
38
45
49
53
54
LT Debt
- -
- -
3
2
11
7
10
13
13
12
11
9
13
16
Total Equity
17
17
18
22
18
23
26
26
28
37
46
55
54
53
Return on Invested Capital (%)
25.86
20.78
21.63
24.77
21.18
- -
20.55
5.32
9.91
23.21
21.97
24.93
15.17
13.52
Return on Capital (%)
25.97
21.31
21.58
26.26
21.43
- -
21.73
4.58
10.47
22.29
22.52
26.14
14.37
14.57
Return on Common Equity (%)
28.03
26.43
28.01
30.6
31.4
46.02
35.65
7.4
18.23
37.63
33.76
35.1
18.49
20.47

Capital Structure

EUR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
9
7
9
LT Borrowings
9
9
13
LT Finance Leases
4
4
3
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
11
11
11
Market Capitalization
167
126
121

Working Capital

EUR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
76
79
77
Cash, Cash Equivalents & STI
22
14
21
Accounts Receivable, Net
20
23
20
Inventories
29
31
32
Total Current Liabilities
23
23
23
Payables & Accruals
- -
- -
- -
ST Debt
9
7
9
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.64%
16.3%
-1.43%
Free Cash Flow
180.4%
331.87%
3.36%
Net Income, GAAP
29.31%
60.82%
-43.08%
Sales/Revenue/Turnover
14.67%
28.03%
-1.26%
Total Cash Common Dividend
- -
- -
41.47%

Quarterly Revenue

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
24
27
26
23
100
2025
26
25
25
23
99
2026
25
22
- -
- -
- -

Quarterly Earnings Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.3
0.77
0.37
0.18
1.62
2025
0.34
0.18
0.33
0.07
0.93
2026
0.32
0.25
- -
- -
- -

Quarterly Dividends Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.7
2025
- -
- -
- -
- -
0.99
2026
- -
- -
- -
- -
- -

Company Description

CEO
Lorenzo Coppini
Full Time Employees
383
Sector
Consumer durables
Industry
Electronics/Appliances
Address
Via della Loggetta 13 Bagno a Ripoli FI Italy 50012
IPO Date
Jul 9, 2007
Business
B&C Speakers S.p.A. designs, manufactures and markets professional loudspeakers and electro-acoustic transducers under the B&C Speakers brand for the high-end professional audio market; its core product portfolio encompasses low-frequency drivers, high-frequency drivers, tweeters, coaxial components, high-frequency coaxials, horns, triaxials and crossovers, with recent introductions including the HLX Series compression drivers featuring patented HLX phase plug technology that delivers neodymium performance at ferrite prices, enhanced compactness, extended high-frequency sensitivity and superior mid-frequency output. The company operates through a single acoustic transducers segment, serving primarily original equipment manufacturers and distributors in live events, concerts, public address, car audio via brands such as Ciare, and home audio solutions under Architettura Sonora; it maintains production synergies with subsidiaries Eighteen Sound and Ciare, alongside sales and distribution centers in the USA, Brazil and China. Founded in 1945 and headquartered in Bagno a Ripoli, Florence, Italy, B&C Speakers conducts business across Europe, North America, Latin America, Asia-Pacific, the Middle East and Africa, with exports accounting for over 90% of revenues. In September 2023, B&C Speakers acquired 100% of US-based Eminence Speaker LLC and Eminence Dongguan for $4.5 million to bolster its US and Asian presence, driving North American and Asia-Pacific revenue growth of 15.8% and 16.2% respectively in first-quarter 2024; this full-year consolidation is projected to elevate group revenues to €108.3 million in 2024 from €94.5 million in 2023 at a 14.6% increase, supported by order backlog recovery to €26 million in first-quarter 2024 exceeding prior periods. Effective July 1, 2024, the company assumed direct control of B&C Speaker product distribution in China, enhancing market penetration; as a subsidiary of Research and Development International S.r.l., B&C Speakers listed on Euronext Milan STAR in 2013 following its 2007 IPO, employs around 380 people with 10% dedicated to research and development, and sustains EBITDA margins near 23% through quality-focused production and global OEM partnerships.