• 09/20/2024

Bang & Olufsen Cuts Full-Year Guidance

Wall Street Journal

Bang & Olufsen warned that revenue and earnings for the fiscal year to May 31 would fall short of previous guidance due to a sluggish recovery in key European markets and the lack of a significant recovery in the Chinese economy.

https://www.wsj.com/articles/bang-olufsen-cuts-guidance-on-sluggish-european-markets-slow-china-recovery-32cdfb61