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It is going really well for B&O, in all areas.
Beoplay A9 is still a bestseller with a 3-digit growth compared to last year.
Still delivery issues in the Stage category but a big growth in speaker sales anyway.
Beoplay H95 and Portal are also doing very well, and also Beosound Level.
It is a pleasure to read enjoy.
Shares down 5% as I type
A good time to buy, then 🙂
MM
Location: Flensborg————Danmark
Shares down 5% as I type
It was up 5,5% when I made this post, the stock market have been very strange in the last week.
No matter what it is very good numbers and not a company in struggle.
They also hired 86 people!
Shares down 5% as I typeIt was up 5,5% when I made this post, the stock market have been very strange in the last week.
No matter what it is very good numbers and not a company in struggle.
They also hired 86 people!
Customer service and software development, I hope ;).
Is there anything that isn’t selling so well?
Shares down 5% as I typeIt was up 5,5% when I made this post, the stock market have been very strange in the last week.
No matter what it is very good numbers and not a company in struggle.
They also hired 86 people!
Customer service and software development, I hope ;).
It is engineers and software development, but lets hope that the extra effort in these areas will soften the burden of customer service :)
Is there anything that isn’t selling so well?
Not any of the three categories, but the revenue in TV is only up 1% but that is because B&O are not selling the TV part anymore, all dealers buy the LG panel elsewhere. This reduce revenue but most likely dont effect profit a lot.
Nice for B&O BUT....in Holland more and more shops are closing and service is non existing anymore.
Old B&O stuff is very difficult to service.
Parts are coming very difficult to come by.
It looks like all service has gone overboard to meet the share holders demand for profit.
I give it 2 tot 5 years before this iconic company fails due to the lack of service and support i.m.h.o.
I see, thanks Emil! I’m happy it is going in the right direction for B&O. I guess that when it comes to how well certain products sell, it is somewhat impacted by how recently each product was launched. The HX has been around in a similar package with the H9 series, and I assume Mozart products also have the edge over older products. It is pretty cool though that the A9 is such a success. Sounds like it is more successful than the Balance as a speaker at a similar price/performance point. It is of course an iconic design :).
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