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Bang & Olufsen announces preliminary financial results for the third quarter

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Jeff
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Jeff posted on Tue, Mar 26 2019 4:10 PM

Submitted without comment, for now:

B&O Report

“The results we have delivered in the third quarter are clearly not
satisfactory. We have overestimated the speed at which we have been able to
drive the change towards a more retail-led and demand driven sales and
distribution network. Combined with the unexpected decline in TV revenue in
the quarter, this has led us to reassess our outlook for the year,” says CEO Henrik Clausen.

Jeff

I'm afraid I'm recovering from the BeoVirus. Sad

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seethroughyou
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I completely agree with Jeff above. 

 

A B&O TV was perhaps 2-4 times the cost of a good Sony or Panasonic in the 80s and 90s. You paid the price because it was just in reach and the integration, reliability and functionality was worth it. B&O TVs now cost 10 times. By raising prices to Oligarch levels, they lost their working and middle income folk - what a disastrous strategy. 


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Rob - Danish AV
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The Loewe TV's are amazing at the moment, and very affordable!

 

 

Puncher
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Rob - Danish AV:

The Loewe TV's are amazing at the moment, and very affordable!

I don't think you're quite "on message"!Big Smile

Ban boring signatures!

beolion
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Duels:

The low level of new product launches has been deliberate and the coming 12 months will see significantly more product launches across all categories (staged, on the go etc).

Well, it is interesting to follow up on this one here. After 6 months we have basically only seen a new a Soundbar, right - besides the Harmony? I guess the next 6 months is going to be the "significant" part, unless new colors count as new products.

Anyway, I hope to see some nice progress in the new product launch soon. Or is there a reference somewhere to the reason why B&O officially is for sale?

 

Emil Jensen
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You also have the upgraded H9 and A9

 

What do we know coming?

Updated Eclipse

Soundbar, with powerlink

New headphones high end

New sound system/remote

More... ?

Beovision Eclipse, Beolab 20, Beolab 17, Beosound 1 Google assist, Beoplay M3, Beoplay H6

Mr 10Percent
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Puncher:

Rob - Danish AV:

The Loewe TV's are amazing at the moment, and very affordable!

I don't think you're quite "on message"!Big Smile

 

oh hindsight and the miracle of bumped threads!

 

Sandyb
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Sandyb replied on Thu, Sep 26 2019 9:13 AM
I think it’s the glacial pace of new launches that is the problem
GeorgeLange
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This explains why they won’t help me fix my slightly out of warranty avant 55. They must sell some poor TVs. They look great but the repair bills are scary after the warranty is over. I think I am going to throw my tv and motorized wall bracket in the garbage. There goes $16,000 

GeorgeLange
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That explains why they won’t chip in and help pay for my avant 55 to get fixed. It is slightly out of warranty and they will not help

Mr 10Percent
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GeorgeLange:

That explains why they won’t chip in and help pay for my avant 55 to get fixed. It is slightly out of warranty and they will not help

Not sure if you/your tv are UK based but take (threat) the Supplier to small claims. You have purchased a high end premium product and one can reasonably expect that this class of product would be fit for purpose for a period greater than implied by the original warranty. 

Im a little out of touch but check your consumer law. You are probably better protected than you think especially if a credit card or finance is involved as well. 

PaulGiles
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Or possibly try another dealer or even B&O themselves.

Give them the serial numbers etc and explain the case.

Maybe worth a chat in the first instance just to get a second opinion and also gives you more leverage with the local one once you have reported your findings to B&O HQ.
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