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Delayed Quote. Delayed BATS EUROPE - 04/01 04:43:50 pm
64.2500 DKK   -0.39%
04/01 BANG & OLUFSEN : Harman snaps up B&O auto division
03/31 Harman buying Bang & Olufsen Automotive audio business
03/31 HARMAN To Acquire Bang & Olufsen's Automotive Audio Business
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Business Summary
Logo Bang & Olufsen A/S
Manufactures household audio and video equipment

Bang & Olufsen A/S engages in the manufacture of household audio and video equipment.

The company designs, develops and markets a wide range of luxury audio and video products, including music systems, loudspeakers, television sets and multimedia products.

It operates through two segments: Business to Consumer and Business to Business.

The Business to Consumer segment involves the business of Audio-Video and B&O PLAY, which consists of audio and visual equipment.

The Business to Business segment contains the sales of the Automotive, and ICEpower sectors.

The company was founded by Peter Boas Bang and Svend Andreas Gron Olufsen in 1925 and is headquatered in Struer, Denmark.

Number of employees : 2 347 persons.
Sales per Businesses
201220132014
DKK (in Million)%DKK (in Million)%DKK (in Million)%
Branded Business2,42180.5%----
Non-Branded Business569.4018.9%----
Eliminations17.600.6%----
Unallocated and Other--11.500.4%-5.90-0.2%
Audio-Video--1,64958.6%1,63357%
Automotive--545.7019.4%612.5021.4%
Bang & Olufsen Play--532.3018.9%535.1018.7%
ICEpower--75.502.7%89.603.1%
Sales per Regions
201220132014
DKK (in Million)%DKK (in Million)%DKK (in Million)%
Rest of the World2,72590.6%2,56091%2,59290.5%
Denmark283.209.4%253.709%272.209.5%
Managers
NameAgeSinceTitle
Tue Mantoni392011President & Chief Executive Officer
Ole Gjessø Andersen582009Chairman
Folkert Bolger-2012Executive Vice President-Operations
Anders Aakaer Jensen-2014Chief Financial Officer
Rolf Eriksen702008Independent Director
Jesper Olesen362007Director
Knud Olesen622003Director & Technical Project Manager
Jim Hagemann Snabe492011Vice Chairman
Jesper Jarlbæk582010Independent Director
Per Østergaard Frederiksen431994Director & Manager-Technical Project
Shareholders
NameShares%
Delta Lloyd Asset Management NV 6,474,847 15.0%
ATP Fondsmaeglerselskab AS 3,934,816 9.11%
Qi Jian Hong Family 2,404,186 5.57%
Nordea Investment Management AB 2,168,008 5.02%
Fidelity Management & Research (UK), Inc. 1,140,000 2.64%
Norges Bank Investment Management 874,330 2.02%
M&G Investment Management Ltd. 757,000 1.75%
A Capital Bravo Holding S.à.r.l. 622,235 1.44%
UBS AG (Investment Management) 574,530 1.33%
Grace & White, Inc. 375,614 0.87%
Holdings
NameShares%Valuation
Bang & Olufsen A/S (BO) 102,0210.24%741,822 USD
Sector
Technology
Technology Equipment
 Computers, Phones & Household Electronics
  Household Electronics
   Household Electronics - NEC
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Sector Household Electronics
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Sector Household Electronics
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Company contact information
Bang & Olufsen A/S
Peter Bangs Vej 15
Struer, Central Denmark 7600

Phone : +45.96.84.11.22
Fax : +45.97.85.18.88
Web : www.bang-olufsen.com
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