Bang & Olufsen

We have announced our full-year numbers and we are pleased to report that we delivered an all-time high gross margin and the best EBIT margin before special items in six years, despite a decline in revenue.   We have built a stronger company and financial foundation and we can see that our strategy is working. As such, we want to accelerate our strategy execution and have presented a plan to do so while also setting medium-term growth targets. To achieve these targets and realise our mid-term plan, we require investments and we are looking to get a capital increase of up to 20% of our share capital approved at our Annual General Meeting in August.   Our CEO Kristian Teär, B&O, said the following about our financial performance and plans for the future:   “We have made good progress with our strategy despite a challenging market environment. We’ve delivered a historic high gross margin, and our EBIT margin is the best in over half a decade. We want to build on that momentum and further accelerate our strategic execution to capture the market potential we see. With the planned investments, we will be able to realise Bang & Olufsen's growth potential and solidify our position as the world's leading luxury audio brand.”   Read our full annual report here: https://lnkd.in/d26CrZBY

We are proud to announce Charles Leclerc as our new Global Brand Ambassador. Together, we will collaborate on creative campaigns and events that drive meaningful conversations around sound. Charles Leclerc is best known as one of the most talented F1 drivers of the current generation. Outside of his brilliant racing career, which has brought him worldwide acclaim, the Monégasque driver has built a reputation as a talented musician with a passion for playing the piano, composing and recording his own music while expressing his thoughts on how music plays a vital role in his life. Stay tuned for the release of a limited-edition product at a later stage. #BangOlufsenCharlesLeclerc #BangOlufsen #SoundOfMonaco

We look back proudly on a week in which our Director of Product Circularity and Portfolio Planning, Mads Kogsgaard Hansen delivered one of the opening keynote speeches at The Electronics Goes Green 2024 congress in Berlin.   A key electronics and sustainability conference, Electronics Goes Green gathered researchers, policy makers and industry stakeholders to discuss topics such as sustainable product design, lifecycle assessments, circular economics, recycling, and e-waste management. We were happy to share our vision and ambitions within product circularity, demonstrating that long-lasting electronics, designed for a second life, are indeed possible. At Bang & Olufsen, we are committed to leading and inspiring the industry to design products that are technologically and functionally durable via our Cradle-to-Cradle design principles and our Recreated Classics programme, which takes the timeless qualities of classic products and carries these learnings forward to future products.     Learn more about our circularity ambitions:  https://lnkd.in/drcZvhkE    First photo :   @ MIKA-fotografie | Berlin  

Our new, exclusive colours are anything but beige. Learn more here: https://lnkd.in/dZCDdGH6 #BangOlufsenAtelierEditions #BangOlufsen

We are proud to introduce the Beosound A9 Cacophonia – the result of an artistic collaboration with musician and visual artist, Kasper Eistrup. The Beosound A9 was designed by Øivind Slaatto in 2012 and since its 10-year anniversary, we have celebrated the iconic speaker by allowing artists to create works on its front facade. Now the time has come to write the Danish chapter in the Beosound A9 story. Visit our store on Østergade 18, 1101, Copenhagen K and experience the artwork during 3daysofdesign - and in selected stores all over Denmark from the 17th of June.  #ArtofA9 #BangOlufsen

Listen. You’re surrounded. Stunning surround sound. Captivating clarity. And the slender elegance to match the muscle. Play your way with Beovision Theatre, Beolab 28 and Beolab 8. Learn more: https://lnkd.in/djP54iGe #BeovisionTheatre #Beolab28 #Beolab8 #BangOlufsen

Merging a shared legacy of excellence in craftsmanship and an ambition to deliver beautiful sound experiences, Bang & Olufsen and Riva (Ferretti Group) are proud to join forces to create the ultimate vessel for sound.      The Riva collection products will be exclusively revealed in September during the boat show season.    Learn more here:    https://lnkd.in/da6TfB_C      #BangOlufsen #BangOlufsenXRiva 

Stream Seamless Listen Lossless Play Boundless Bang & Olufsen and TIDAL are proud to bring hi-res music experiences exclusively to B&O customers. We look forward to merging TIDAL’s top-tier audio quality with Bang & Olufsen’s superior sound systems – seamlessly integrated into our app. #BangOlufsen #BangOlufsenXTIDAL

We're proud to announce that Bang & Olufsen is extending its partnership with AS Monaco until 2026 – as we continue to bring the “Sound of Monaco” to AS Monaco and the Principality. "Working with the team at AS Monaco has been an absolute pleasure and we are looking forward to further collaboration in the years to come. In this period as partners, both AS Monaco and Bang & Olufsen will celebrate 100th year anniversaries, which will be a very special and unique time for both brands.” Elen Barnes, acting Chief Marketing Officer, Bang & Olufsen. #SoundofMonaco #BangOlufsen

Beoplay EX Hazy Blue. Your high-fidelity retreat in the time of blossoms. Learn more here: https://lnkd.in/dNixzcaF #BangOlufsenAtelierEditions #BangOlufsen