Denmark's Bang & Olufsen preliminary Q3 revenue rises, company lowers FY outlook

Bang & Olufsen A/S

23/03/2026 18:48

Overview

Denmark audio equipment maker's preliminary Q3 revenue rose 1% yr/yr in local currencies

Outlook

B&O cuts FY 2025/26 revenue growth outlook to -3% to 0% in local currencies

Company now sees FY 2025/26 free cash flow at DKK -200m to DKK -150m

B&O withdraws mid-term financial ambitions through 2027/28 due to increased uncertainty

Result Drivers

WEAK PRODUCT SALES - Sales of Beosound Premiere were significantly lower than anticipated, weighing on revenue

Company press release: ID:nGNE8mFjnK

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Miss
DKK 621 mln
DKK 659 mln (1 Analyst)
Q3 Gross Margin
57.5%
Q3 Free Cash Flow
DKK 22 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the household electronics peer group is "buy"

Wall Street's median 12-month price target for Bang & Olufsen A/S is DKK15.00, about 57.9% above its March 23 closing price of DKK9.50

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)