Bang & Olufsen

Today, we published our interim report for the second quarter of 2024/25 and are pleased to confirm that our performance is consistent with both our strategic plans and expectations. While the EMEA region and the Americas generated positive revenue growth year-on-year, group revenue was 1% lower due to negative growth in China. Our gross margin increased year-on-year to 53.7% and our directed share issue was successfully completed in November 2024 as planned, raising DKK 228 million in gross proceeds. Our CEO,  Kristian Tear,  commented on the results: “Our financial year 2024/25 is a transition year, and the second quarter was in line with our expectations and plans…Demand for our newly launched flagship headphones, Beoplay H100, exceeded expectations, confirming our strategic direction of strengthening our position in the luxury audio market. We successfully completed the directed share issue as planned, which was a key event in the quarter, and we are now ready to accelerate our strategic execution to drive long-term profitable growth.”   Read more below: https://lnkd.in/dhH-xfGy

Bang & Olufsen has been recognized with the ESG Transparency Award for Excellence and Leadership in sustainability, presented during EU Sustainability Week 2024. Hosted by EUPD Research, the prize acknowledges companies that demonstrate outstanding leadership in integrating environmental, social, and governance (ESG) principles into their business practices.     This endorsement reflects the efforts of our teams and underscores how a collaborative approach has enabled us to design products that embody our commitment to The Circular Economy, ethical and social responsibility, as well as environmental sustainability. We look forward to integrating ESG principles into every facet of our business as we continue our ambition to lead and inspire a movement towards a circular, regenerative future by creating long-lasting luxury technology products and experiences.  #BangOlufsen

The red colour comes naturally, marking a season of change – not least for the songs in your playlist. But one thing will always stay the same: the stunning sound of your Beosound A5 Cranberry Red. Bring the outdoors in. Discover the limited release here: https://lnkd.in/dw2EZECC #BangOlufsenAtelierEditions #BeosoundA5 #BangOlufsen

Style, sound, speed, whatever the season 🏁🎄. Savour the moment with Beosound 2 and Beoplay H100.     #Somethingtocomehometo #BangOlufsenCharlesLeclerc  #BeoplayH100

Our latest activation with OnePlus brings timeless design, exceptional durability and impeccable audio quality. Built without compromise, Beosound Explore and OnePlus 13 make perfect companions for tackling the great outdoors.

Music with more zest. Comfort with more class. And a shine that sings. With Beoplay Eleven wireless earbuds, every vibration is vibrant. Neatly shaped aluminium mixes with gleaming glass accents. Lavish sound fuses with improved noise cancellation. Disturbances? Down. Poise? Up. Soak in every note and express yourself in full with our in-ear noise cancelling earbuds. Discover more: https://lnkd.in/dr8qwSnE

Your home? It’s home to it all. The laughs. The hugs. Friends and family. Your B&O sanctuary, where beautiful sound and vision make unwinding together a treat. Now that’s something to come home to. Discover it all here: https://lnkd.in/d774gTyr

Exceptional sound. Ocean bound. Introducing The Riva Collection. Brought to life in two speakers reimagined for the open water. It’s the sound of Struer, with the style of Sarnico. Cast off, press play, and let the waves transport you. Learn more: https://lnkd.in/dE_6U4AQ Ferretti Group #BangOlufsenxRiva #RivaBoutique #RivaYacht

Today, we released our interim report for the first quarter of 2024/25. We are pleased to report a first quarter that aligns with our plans and expectations. While we experienced a 12% decline in revenue, this was primarily due to a strong comparable first quarter last year, driven by heightened demand ahead of a planned price increase. We achieved a record-high gross margin of 55.2%, reflecting our ongoing efforts to strengthen the company’s financial foundation and positioning us well for future growth. Our CEO Kristian Tear commented on the results and the road ahead for Bang & Olufsen: “…We continued to execute our strategic priorities with a particular focus on increasing global brand awareness, optimizing the retail network and creating world-class products. We recently launched our new flagship headphones Beoplay H100 and are delighted to see that they are off to a good start. Simultaneously, we have worked to prepare the acceleration of our strategy execution in order to make the value-creating investments to realise our mid-term growth plan. We were therefore pleased to get strong support for our plan at our Annual General Meeting in August, enabling us to increase the share capital and complete a directed share issue, expectedly before the end of November.”   Read more below: https://lnkd.in/g_wvTbuB

The drive to perform is on. Again.     The next roar in the B&O for Ferrari partnership? Three new stunning masterworks. Introducing Beolab 50 Ferrari Edition, Beovision Theatre Ferrari Edition and Beosound Theatre Ferrari Edition. Crafted from aluminium – the hallmark material of both our brands.      We’ve always pushed the envelope on performance, just like Ferrari. This time, we’ve shaped and milled the light-but-sturdy aluminium in matchless ways – but it's not just about aesthetics. It’s about striving for the most powerful experience possible. The pursuit of performance. The thrill. Ready? Read more: https://lnkd.in/dTW8WG_S