Not the best read, but as expected.
Looking forward to the new products coming:
Location: Flensborg————Danmark
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B&O - First quarter 2019/2020 - Results
46 replies
They need to get their act together
Very curious to see if the Harmony & Stage can improve the sales numbers within the next 6months..
Also hope that they reduce the numbers of headsets/headphones as this has been a major loss-maker the last year.
.. fingers crossed that B&O can survive the next years and become a “100y old” company.
Karel.
My B&O Icons:
This is poor after the constant disappointing numbers last year. A 30% drop in revenue attributed to a shift to a more demand driven sales model. What ever that really means it doesn’t seem to be working. Last February significant new products were promised which would impact sales in the fourth quarter. They didn’t materialise and revenue was down. Now they are promised for the second quarter of this financial year. When the 2018/19 full year results were announced we were told to expect single digit revenue growth for the coming year. This will be exceptionally difficult after a 30% drop in Q1. B&O are going to have to sell an awful lot of sound bars to overcome this.
From the:
Location: Flensborg————Danmark
New things that are even more software dependant, which makes me nervous😛
I think we all know where this is headed now.
Oh yes.I think we all know where this is headed now.
I think we all know where this is headed now.
Yes - but not the way you think!
The results for that quarter were awaited and announced in the latest general meeting.......are you really surpriced?
MM
Location: Flensborg————Danmark
Hi Duels, all I can say is now we are entering the busy period...the next 6 months will be crucial - pleased I’m out of it🙂
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