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United Kingdom

Bang & Olufsen A/S (BO.CO)

BO.CO on Copenhagen Stock Exchange

44.16DKK
3:59pm BST
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Prev Close
kr.44.90
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Tue, Mar 26 2019

Bang & Olufsen in confidence crisis as sales warning hits shares

COPENHAGEN, March 26 Shares in Bang & Olufsen (B&O) dropped by 20 percent on Tuesday after it issued a second sales warning for the financial year, with some investors saying there was now "a crisis of confidence" in the Danish luxury TV and stereo maker.

TV and stereo maker Bang & Olufsen sticks to strategy as quarterly revenue falls

COPENHAGEN, Jan 8 Danish luxury TV and stereo maker Bang & Olufsen (B&O) said on Tuesday it was confident in its strategy, despite a drop in sales and logistics problems in the second quarter.

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