Bang & Olufsen A/s Earnings Calls
| Release date | Jul 02, 2026 |
| EPS estimate | £0.200 |
| EPS actual | -£0.0512 |
| EPS Surprise | -125.60% |
| Revenue estimate | 520M |
| Revenue actual | 637.5M |
| Revenue Surprise | 22.60% |
| Release date | Apr 16, 2026 |
| EPS estimate | £0.0700 |
| EPS actual | -£0.0512 |
| EPS Surprise | -173.14% |
| Revenue estimate | 651M |
| Revenue actual | 637.5M |
| Revenue Surprise | -2.07% |
| Release date | Jan 14, 2026 |
| EPS estimate | -£0.150 |
| EPS actual | -£0.400 |
| EPS Surprise | -166.67% |
| Revenue estimate | 683.5M |
| Revenue actual | 676M |
| Revenue Surprise | -1.10% |
| Release date | Oct 08, 2025 |
| EPS estimate | -£0.190 |
| EPS actual | -£0.150 |
| EPS Surprise | 21.05% |
| Revenue estimate | 721M |
| Revenue actual | 517M |
| Revenue Surprise | -28.29% |
Last 4 Quarters for Bang & Olufsen A/s
Below you can see how 0MRM.L performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
| Release date | Oct 08, 2025 |
| Price on release | £13.42 |
| EPS estimate | -£0.190 |
| EPS actual | -£0.150 |
| EPS surprise | 21.05% |
| Date | Price |
|---|---|
| Oct 02, 2025 | £13.08 |
| Oct 03, 2025 | £13.24 |
| Oct 06, 2025 | £13.20 |
| Oct 07, 2025 | £13.48 |
| Oct 08, 2025 | £13.42 |
| Oct 09, 2025 | £12.62 |
| Oct 10, 2025 | £11.88 |
| Oct 13, 2025 | £11.76 |
| Oct 14, 2025 | £11.52 |
| 4 days before | 2.60% |
| 4 days after | -14.16% |
| On release day | -5.96% |
| Change in period | -11.93% |
| Release date | Jan 14, 2026 |
| Price on release | £12.22 |
| EPS estimate | -£0.150 |
| EPS actual | -£0.400 |
| EPS surprise | -166.67% |
| Date | Price |
|---|---|
| Jan 08, 2026 | £12.49 |
| Jan 09, 2026 | £12.58 |
| Jan 12, 2026 | £12.21 |
| Jan 13, 2026 | £12.32 |
| Jan 14, 2026 | £12.22 |
| Jan 15, 2026 | £12.23 |
| Jan 16, 2026 | £12.20 |
| Jan 19, 2026 | £12.06 |
| Jan 20, 2026 | £12.06 |
| 4 days before | -2.16% |
| 4 days after | -1.31% |
| On release day | 0.0818% |
| Change in period | -3.44% |
| Release date | Apr 16, 2026 |
| Price on release | £9.18 |
| EPS estimate | £0.0700 |
| EPS actual | -£0.0512 |
| EPS surprise | -173.14% |
| Date | Price |
|---|---|
| Apr 10, 2026 | £8.74 |
| Apr 13, 2026 | £8.74 |
| Apr 14, 2026 | £9.18 |
| Apr 15, 2026 | £9.18 |
| Apr 16, 2026 | £9.18 |
| Apr 17, 2026 | £8.95 |
| Apr 20, 2026 | £8.83 |
| Apr 21, 2026 | £8.94 |
| Apr 22, 2026 | £9.00 |
| 4 days before | 5.03% |
| 4 days after | -1.96% |
| On release day | -2.51% |
| Change in period | 2.97% |
| Release date | Jul 02, 2026 |
| Price on release | £9.21 |
| EPS estimate | £0.200 |
| EPS actual | -£0.0512 |
| EPS surprise | -125.60% |
| Date | Price |
|---|---|
| Jun 26, 2026 | £9.00 |
| Jun 29, 2026 | £9.00 |
| Jun 30, 2026 | £9.05 |
| Jul 01, 2026 | £9.21 |
| Jul 02, 2026 | £9.21 |
| Jul 03, 2026 | £9.33 |
| Jul 06, 2026 | £9.39 |
| Jul 07, 2026 | £9.38 |
| Jul 08, 2026 | £9.38 |
| 4 days before | 2.33% |
| 4 days after | 1.85% |
| On release day | 1.30% |
| Change in period | 4.22% |
Bang & Olufsen A/s Earnings Call Transcript Summary of Q2 2026
Key points for investors:
- Leadership: Interim CEO appointed. CFO Nikolaj Wendelboe is Interim CEO while the Board runs a global search for a permanent CEO. The Board stresses strategy is unchanged and the aim is to accelerate execution and operational focus.
- Demand & channels: Like-for-like sell-out grew 7% (8% in branded channels) with strong performance in Win Cities (19% combined) and double-digit growth in APAC (17%). Company-owned stores and e-commerce are key growth drivers. Channel optimization continued (openings, relocations, uplifts, selective closures).
- Products & brand: Launched Beo Grace earpieces, Beosound Premiere soundbar, and a Reloved certified-refurbished program; global centennial campaign delivered high brand visibility (e.g., Harrods +64% footfall, record month for that store). New flagship stores opened (Paris, San Francisco) and further US expansion planned.
- Financials: Group revenue down ~1% in local currency (DKK ~676m reported), but gross margin improved materially to a record level (~57.9% group gross margin, +4.2pp YoY). EBIT before special items was -5.3% including substantial centennial marketing costs; excluding these extraordinary costs EBIT before special items was approximately 0%. Capacity and marketing costs rose primarily due to centennial activities. Free cash flow was negative DKK 33m for the quarter; available liquidity DKK 117m. Inventory expected to decline in H2.
- Outlook: Full-year revenue growth in local currencies narrowed to +1% to +5% (from +1% to +8%). EBIT margin before special items unchanged at -3% to +1%. Free cash flow guidance narrowed to -DKK 100m to -DKK 50m. Company monitoring tariffs and taking mitigation actions.
- Key risks/considerations: CEO search timing uncertain; elevated near-term marketing and centennial costs impacted reported profitability; some product categories (On-the-go) are softer; U.S. gross margin improvement in the quarter had one-off elements tied to store openings and special sell-in; working capital and inventories require monitoring (some country-specific channel inventory pockets).
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