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Bang & Olufsen A/S (BO.CO)

BO.CO on Copenhagen Stock Exchange

142.00DKK
17 Aug 2018
Change (% chg)

kr.1.80 (+1.28%)
Prev Close
kr.140.20
Open
kr.140.00
Day's High
kr.142.80
Day's Low
kr.140.00
Volume
102,141
Avg. Vol
76,940
52-wk High
kr.191.40
52-wk Low
kr.114.00

Latest Key Developments (Source: Significant Developments)

Bang & Olufsen Q2 Underlying Business EBITDAC Up At DKK 135 MLn
Thursday, 11 Jan 2018 02:02am EST 

Jan 11 (Reuters) - Bang & Olufsen A/S ::- REMAIN ON TRACK FOR FULL YEAR.- Q2 REVENUE GROWTH OF 15 PER CENT.GROUP'S TOTAL REVENUE FOR FIRST HALF OF 2017/18 WAS DKK 1,591 MILLION.- EXPECTS TO CONTINUE GROWTH MOMENTUM AND INCREASE REVENUE BY AROUND 10 PER CENT COMPARED TO 2016/17.‍EBIT MARGIN FOR UNDERLYING BUSINESS IS EXPECTED TO BE AROUND 3 PER CENT (PREVIOUSLY 1-3 PER CENT) FOR 2017/18​.GROUP'S FREE CASH FLOW IS EXPECTED TO BE POSITIVE IN 2017/18.Q2 EBITDAC IN UNDERLYING BUSINESS WAS DKK 135 MILLION AGAINST DKK 70 MILLION LAST YEAR.  Full Article

Bang & Olufsen Q4 2016/17 EBIT loss at DKK 95 million​
Wednesday, 12 Jul 2017 02:14am EDT 

July 12 (Reuters) - BANG & OLUFSEN A/S ::‍GROUP REVENUE INCREASED 13 PER CENT IN Q4 OF 2016/17,​.EXPECTS TO CONTINUE GROWTH MOMENTUM AND INCREASE REVENUE BY AROUND 10 PER CENT COMPARED TO 2016/17 AND TO INCREASE UNDERLYING EBITDAC MARGIN TO 8-10 PER CENT IN 2017/18.Q4 2016/17 REVENUE DKK 785 ‍​ MILLION VERSUS DKK 696 MILLION YEAR AGO.Q4 2016/17 EBIT LOSS DKK 95 ‍​ MILLION VERSUS LOSS DKK 72 MILLION YEAR AGO.2017/18 REVENUE GROWTH FOR THE GROUP IS EXPECTED TO BE AROUND 10 PER CENT COMPARED TO 2016/17..2017/18 EBITDAC FOR THE UNDERLYING BUSINESS IS EXPECTED TO BE 8-10 PER CENT OF REVENUE..THE EBIT MARGIN FOR THE UNDERLYING BUSINESS IS EXPECTED TO BE 1-3 PER CENT FOR 2017/18..THE GROUP’S FREE CASH FLOW IS EXPECTED TO BE POSITIVE IN 2017/18..  Full Article

Bang & Olufsen Q3 EBITDAC up at DKK 63 million
Friday, 7 Apr 2017 02:01am EDT 

BANG & OLUFSEN A/S : Q3 2016/17 EBITDAC WAS DKK 63 MILLION AGAINST DKK 45 MILLION LAST YEAR, AS GROWTH MOMENTUM DRIVING GROSS PROFIT EXCEEDED COST INCREASE . GROUP REALIZED A REVENUE GROWTH OF 12 PER CENT IN Q3 2016/17 . OUTLOOK FOR 2016/17 REMAINS UNCHANGED .Q3 2016/17 GROSS MARGIN INCREASED TO 42.6 PER CENT FROM 38.0 PER CENT LAST YEAR.  Full Article

Bang & Olufsen divests Czech subsidiary to Tymphany Acoustic Technology
Monday, 13 Mar 2017 03:06am EDT 

Bang & Olufsen A/S : Divests Czech subsidiary, Bang & Olufsen S.R.O, to Tymphany Acoustic Technology . Cash flow impact to Bang & Olufsen is 123 million Danish crowns ($17.7 million) and accounting gain is expected to be 33 million crowns . Tymphany will produce Bang & Olufsen products in Czech factory as a trusted and selected supplier to bang & olufsen .All of Bang & Olufsen's Czech employees will be transferred to Tymphany at time of closing.  Full Article

Sparkle Roll Group raises stake in Denmark's Bang & Olufsen
Friday, 14 Oct 2016 10:47am EDT 

Bang & Olufsen A/S : Says Sparkle Roll Group Limited BVI has acquired further shares in Bang & Olufsen . Says Sparkle Roll now has 6,519,358 shares in the company, each of a nominal value of DKK 10, equal to approximately 15.1% .Says owner of Sparke Roll Group Limited and Sparkle Roll Holdings Limited, Mr. Qi Jianhong, now indirectly holds in total 20.7 percent of total share capital and equal percentage in voting rights..  Full Article

Bang & Olufsen Q1 revenue up at DKK 515 million
Tuesday, 4 Oct 2016 01:59am EDT 

Bang & Olufsen A/S : Q1 2016/17 revenue 515 million Danish crowns ($77.4 million) versus 506 million crowns year ago . Q1 2016/17 EBIT loss 89 million crowns versus loss 82 million crowns year ago . 2015/16 has been adjusted for non-recurring and aperiodic items and costs and license fees previously allocated to the Automotive business .Outlook for 2016/17 remains unchanged.  Full Article