Business
Bang & Olufsen releases preliminary Q3 2025/26 results, adjusts FY 2025/26 outlook and withdraws mid-term financial ambitions
Bang & Olufsen’s preliminary Q3 2025/26 reported revenue is DKK 621m, a 1% year-on-year increase in local currencies. For the first nine months of 2025/26 reported revenue was DKK 1,814m, a decline of 1% in local currencies. Q3 2025/26 revenue came in below expectations. While the newly launched earpieces Beo Grace performed as expected, the sales performance of Beosound Premiere was significantly lower-than-anticipated. In addition, armed conflicts, geopolitical tension and economic uncertainty
About this update from Bang & Olufsen A/s
[{"type":"text","content":"Bang & Olufsen’s preliminary Q3 2025/26 reported revenue is DKK 621m, a 1% year-on-year increase in local currencies. For the first nine months of 2025/26 reported revenue was DKK 1,814m, a decline of 1% in local currencies.","length":228,"tagName":"p"},{"type":"text","content":"Q3 2025/26 revenue came in below expectations. While the newly launched earpieces Beo Grace performed as expected, the sales performance of Beosound Premiere was significantly lower-than-anticipated. In addition, armed conflicts, geopolitical tension and economic uncertainty have intensified and are expected to impact the remainder of the financial year.","length":356,"tagName":"p"},{"type":"text","content":"Consequently, the FY 2025/26 outlook for revenue and free cash flow are adjusted. Revenue growth in local currencies for FY 2025/26 is now expected to be between -3% and 0% (previously 1% to 5%) and free cash flow is expected to be between DKK -200m and DKK -150m (previously DKK -100m to DKK -50m). The FY 2025/26 EBIT margin before special items outlook range is narrowed and is now expected to be between -3% and -1% (previously -3% to 1%).","length":443,"tagName":"p"},{"type":"text","content":"In connection with the adjusted outlook for FY 2025/26, the previously communicated mid-term financial ambitions for the period through 2027/28 are withdrawn. The company’s long-term ambition to strengthen Bang & Olufsen’s position as a leading global luxury house in audio remains firmly in place.","length":302,"tagName":"p"},{"type":"text","content":"Chairman of the Board Juha Christensen comments:“Our commercial operating model, specifically the coordination between marketing investments, retail execution and product launches, requires strengthening. This is the process we initiated in January, and it is not only a near-term priority; it is key to unlocking Bang & Olufsen’s full potential over the medium and long term.","length":381,"tagName":"p"},{"type":"text","content":"The strategy and ambition to strengthen Bang & Olufsen’s position as a global leader in luxury audio remain unchanged. But we need to improve our commercial discipline and execution to ensure that when our great products reach the market, every element of the commercial machine is ready to do it justice.","length":309,"tagName":"p"},{"type":"text","content":"The CEO search i...