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  • Re: B&O From Red to Black

    [quote user="Duels"]Jeff I simply replied to your question “how much profit? with a couple of profit measures. If you want the whole story perhaps it would be best to read the whole interim report as I did this morning. [/quote] Why did you choose to post numbers that really don't tell you much? If you've read the whole report, wasn't there a more relevant metric you could have posted? I don't have the time or the inclination to read the whole report unfortunately
    Posted to General Discussion & Questions (Forum) by Jeff on Thu, Jan 11 2018
  • Re: B&O From Red to Black

    I assume the numbers are correct, my issue is the numbers offer little to no transparency into how the company is actually doing. Somewhere in the real official reports given to say shareholders, the true story can probably be gleaned, but as with any company the numbers will be presented in the best possible light. Hopefully that doesn't include being dishonest about them, but it's certainly been seen in multiple businesses before.
    Posted to General Discussion & Questions (Forum) by Jeff on Thu, Jan 11 2018
  • Re: WiSa Stick for your LG OLED

    I agree, I was kind of surprised that it didn't catch on more when it was released. B&O was a natural for it though, with amplified speakers and a clientele who generally are design conscious and don't like to see wires. But there are other companies with powered speakers and especially powered subwoofers.
    Posted to General Discussion & Questions (Forum) by Jeff on Thu, Jan 11 2018
  • Re: WiSa Stick for your LG OLED

    Interesting, thanks for posting it. Perfect for your LG eh? It will be interesting to see if WISA survives as a tech or not.
    Posted to General Discussion & Questions (Forum) by Jeff on Thu, Jan 11 2018
  • Re: B&O From Red to Black

    [quote user="Duels"][quote user="Jeff"] Unfortunately, gross margin/gross profit is one of those metrics which, in isolation, means exactly nothing. It's defined as the difference between revenue and the cost of making a product or providing a service, before deducting overhead, payroll, taxation, and interest payments. KMA made an excellent point about the reduction in personnel and outsourcing a lot of design and all manufacture to China, etc. Jeff Beovirus victim, it's
    Posted to General Discussion & Questions (Forum) by Jeff on Thu, Jan 11 2018
  • Re: B&O From Red to Black

    [quote user="Duels"][quote user="Jeff"] How much profit, not raw sales numbers? Jeff Beovirus victim, it's gotten to be too much to list! [/quote] For me the most pertinent profit numbers are as follows: 1) The gross margin is up to nearly 41% from 38%. Combined with the increase in revenue this resulted in an increase in overall gross profit from DKK530 million to DkK647 million. 2) Bottom line Earnings before interest and tax roughly doubled to DKK 70 million in the second
    Posted to General Discussion & Questions (Forum) by Jeff on Thu, Jan 11 2018
  • Re: External Dacs

    As down on B&O as I have been lately, I can recommend the BeoPlay H6. My wife has a pair, and they are the most comfortable closed back headphones I've ever used, and sound very, very good. Hers are the original ones that some call bass shy, easily fixed with a touch of eq. I've not heard the 2nd generation ones though that allegedly have more bass, but I think they'd be worth a listen.
    Posted to General Discussion & Questions (Forum) by Jeff on Thu, Jan 11 2018
  • Re: B&O From Red to Black

    [quote user="Duels"]A good set of numbers generally for the first half of the financial year. Sales up 15% overall. Play up 25%, B&O up 8%. Revenue was up in all geographic areas. No breakdown of sales by product type (ie tv, speakers, audio etc) that I could see. [/quote] How much profit, not raw sales numbers?
    Posted to General Discussion & Questions (Forum) by Jeff on Thu, Jan 11 2018
  • Re: B&O From Red to Black

    I'm quite aware of Enron and how it worked, having had classes devoted to just that in MBA program. But jeez, pedantic much? It's a metaphor for how a company can look good right up until it all implodes. Look at B&O's product portfolio lately? See anything out there that isn't buggy, riddled with networking and software issues? Certainly the dealers are all doing very well and not having any closures...oh, wait. I don't understand, and we don't have enough insight into
    Posted to General Discussion & Questions (Forum) by Jeff on Thu, Jan 11 2018
  • Re: B&O From Red to Black

    B&O, the Danish Enron!
    Posted to General Discussion & Questions (Forum) by Jeff on Thu, Jan 11 2018
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