Q2 2025 Bang & Olufsen A/S Earnings Call Transcript

Jan 10, 2025

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Jan 10, 2025 / 09:00AM GMT
Operator

Welcome to B&O interim report for the second-quarter of 2024, '25 presentation. (Operator Instructions) This call is being recorded. And I will now hand the call over to CEO, Kristian Tear and CFO, Nikolaj Wendelboe. Please begin.

Kristian Tear - Bang & Olufsen A/S-Chief Executive Officer - Member of the Management Board

Hello, everyone, and thanks for joining the first centennial year call. With me today is our CFO, Nikolaj Wendelboe. I will start by talking you through our key highlights and business review. Nikolaj will take us through the financials in more detail and I will conclude before we open up for questions. So please move to slide number four.

Let us begin by looking at our Q2 performance. We delivered a second quarter in line with our plans and expectations. While the EMEA region and the Americas generated positive revenue growth year on year, we had a marginal decline in group revenue of 1% due to negative growth in China.

In line with our strategic focus, we are pleased to

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