Bang & Olufsen falls on outlook cut, withdrawal of mid-term targets

Bang & Olufsen A/S

24/03/2026 08:18

** Shares in Bang & Olufsen BO.CO fall around 7% after the Danish audio and video equipment maker cut outlook and withdrew its mid-term targets in connection with prelim Q3 numbers

** It says revenue growth in local currencies for 2025/26 is now expected to be between -3% and 0% against the previously expected 1% to 5%

** 2025/26 EBIT margin before special items outlook range is also narrowed and is now expected to be between -3% and -1% (previously -3% to 1%)

** If losses hold, Bang & Olufsen shares track for their worst day since January

 (Reporting by Elviira Luoma)

 ((Elviira.luoma@thomsonnreuters.com))