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Bang & Olufsen A/S (BO.CO)

BO.CO on Copenhagen Stock Exchange

136.20DKK
22 Jun 2018
Change (% chg)

kr.1.00 (+0.74%)
Prev Close
kr.135.20
Open
kr.136.00
Day's High
kr.137.20
Day's Low
kr.135.00
Volume
42,186
Avg. Vol
84,510
52-wk High
kr.191.40
52-wk Low
kr.105.00

Latest Key Developments (Source: Significant Developments)

Bang & Olufsen: CFO To Leave Bang & Olufsen
Thursday, 31 May 2018 

May 31 (Reuters) - BANG & OLUFSEN A/S ::REG-EXECUTIVE VICE PRESIDENT AND CFO ANDERS AAKÆR JENSEN TO LEAVE BANG & OLUFSEN.ANDERS AAKÆR JENSEN TODAY INFORMED CO THAT HE, AFTER PERSONAL CONSIDERATIONS, WILL LEAVE BANG & OLUFSEN BY END NOVEMBER 2018.SEARCH FOR ANDERS AAKÆR JENSEN'S SUCCESSOR WILL NOW BE INITIATED.  Full Article

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

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 Q1 EBIT LOSS lowers to DKK 65 mln YoY
Wednesday, 4 Oct 2017 

Oct 4 (Reuters) - BANG & OLUFSEN A/S ::OUTLOOK FOR 2017/18 REMAINS UNCHANGED.Q1 2017/18 REVENUE DKK 592 MILLION VERSUS DKK 515 MILLION YEAR AGO.Q1 2017/18 EBIT LOSS DKK 65 MILLION VERSUS LOSS DKK 89 MILLION YEAR AGO.  Full Article

Sparkle Roll Group raises stake in Denmark's Bang & Olufsen
Friday, 14 Oct 2016 

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 

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

Bang & Olufsen COO buys 5,000 co's shares
Thursday, 11 Aug 2016 

Bang & Olufsen A/S :Stefan Persson, COO, buys 5,000 shares for a total value of 352,950 Danish crowns ($52,911.28).  Full Article

Bang & Olufsen Q4 adjusted EBIT swings to profit of DKK 6 mln
Thursday, 11 Aug 2016 

Bang & Olufsen A/S : Q4 revenue was flat compared to Q4 last year (negative 1 per cent in local currency) . Q4 2015/16 adjusted EBIT 6 million Danish crowns ($900,000) versus loss 53 million crowns year ago . Q4 of 2015/16 showed continued strong growth in B&O play , which grew by 40 per cent driven by new product launches and continued expansion of retail network . Says in 2016/17 key focus will be to continue the growth of B&O play . 2016/17 revenue for the group is expected to grow compared to 2015/16 .2016/17 EBITDAC is expected to improve compared to EBITDAC of 14 million crowns in underlying business in 2015/16.  Full Article

Sparkle Roll Group raises stake in Bang & Olufsen to 14.6 pct
Tuesday, 9 Aug 2016 

Bang & Olufsen A/S : Said on Monday Sparkle Roll Group Limited BVI had acquired further shares in Bang & Olufsen A/S . Sparkle Roll Group Limited BVI holds 6,318,586 shares in the Company, each of a nominal value of 10 Danish crowns ($1.49), equal to 14.6 pct of the share capital and voting rights in the Company . Sparkle Roll Group Limited BVI is 100 per cent owned by Qi Jianhong .Subsequent to Sparkle Roll Group Limited BVI’s acquisition of shares in Bang & Olufsen A/S Qi Jianhong therefore in total indirectly holds 8,722,772 shares of a nominal value of 10 crowns each, corresponding to about 20.2 pct of total share capital and of total voting rights in company.  Full Article

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Bang & Olufsen shares at 10-year high after strong sales

COPENHAGEN Shares in Bang & Olufsen hit their highest in 10 years after the luxury TV and stereo maker beat market expectations with strong second-quarter results.