Q4 2024 Bang & Olufsen A/S Earnings Call Transcript

Jul 04, 2024 / 08:00AM GMT

Release Date Price: kr9.33 (+1.08%)

Transcript

Operator

Hi, everyone, and welcome to the Bang & Olufsen full year and Q4 presentation. Today's call is being recorded. (Operator Instructions)

Speakers, please begin.

Kristian TeÃ;r Bang;Olufsen A;S;CEO

¤&/-

Hello, everyone, and thanks for joining the call. With me today is our CFO, Nikolaj Wendelboe. As you have probably seen, we made two announcements yesterday. Along with our Q4 and full-year earnings release. We also shared our plan to accelerate our strategic execution, which includes midterm financial ambition. Therefore, today's agenda will be a little bit different from our normal earnings calls.

I will start by taking you through our key highlights for the year and give you an update on our strategic execution. I will then turn to the introduction of our midterm ambitions and outlook for 2024-2025 Nikolaj will take us through the financials in more detail. And I will conclude the presentation part before we open up for questions.

So if we move to the next slide. Let us

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