- liselotte sabroe/Agence France-Presse/Getty ImagesBang & Olufsen lowered its financial expectations and pulled midterm guidance as sales of a new product disappointed, while intensified geopolitical tension and economic uncertainty are expected to affect the remainder of the financial year. Most Read from The Wall Street JournalRevenue for the period totaled 621 million Danish kroner ($96.5 million), down 1.7% on year and below the 668 million kroner expected in a FactSet poll. Adjusted earnings before interest and taxes landed at 12 million kroner versus the 22 million kroner expected, resulting in a margin of 1.9%. The EBIT margin before special items guidance is narrowed to between minus 1% and minus 3%. Previously, revenue growth was seen at 1% to 5%, free cash flow at minus 50 million to minus 100 million kroner, with a margin at between 1% and minus 3%.

Source: Wall Street Journal March 24, 2026 12:14 UTC