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Bang & Olufsen posts transcript of 2026 annual general meeting chair’s speech

PUBT·08/13/2026 17:15:08
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Bang & Olufsen posts transcript of 2026 annual general meeting chair’s speech
  • Bang & Olufsen published speaking notes from its annual general meeting on Aug. 13, attended by shareholders in Struer and online.
  • New CEO Gianfilippo Testa started today, succeeding interim CEO and CFO Nikolaj Wendelboe following Kristian Teär’s earlier departure.
  • FY2025/26 revenue fell 1.6% in local currencies to DKK 2.47 billion; sell-out rose 4% as partners cut inventories.
  • Gross margin hit a record 58.2%; EBIT margin before special items was -0.5%; free cash flow was -DKK 141 million.
  • FY2026/27 outlook: revenue growth 1%-5%, EBIT margin 1%-3%, free cash flow DKK 25-100 million; chip shortages flagged as risk.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bang & Olufsen A/S published the original content used to generate this news brief on August 13, 2026, and is solely responsible for the information contained therein.