Bang & Olufsen (BO.CO) Q1 preliminary revenue rises 2.2% as branded channels grow

Preliminary Q1 revenue rose 2.2% in local currencies; gross margin improved to 59.4%. Branded-channel revenue grew 9.9% in local currencies; etail sales fell 19%. B&O keeps FY 2026/27 outlook for revenue growth of 1%-5% and EBIT margin before special items of 1%-3%.