PROFILE |
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Delivering more bang for a lot more buck, electronics manufacturer Bang & Olufsen Holding (B&O) has made a name for itself in the high-end audio/video industry. The firm sells its high-tech televisions, telephones, CD players, stereos, and speakers through more than 2,300 stores in more than 40 countries. B&O partially owns some of the stores and franchises some others. Video and audio products account for most of its sales; the company also makes medical equipment. B&O makes all of its products in Denmark. Its artistic, futuristic designs have been displayed in New York's Museum of Modern Art. The company was founded in 1925 by engineers Svend Olufsen and Peter Bang.
COMPETITION |
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Bose Corporation (dossier)
Harman International Industries, Incorporated (HAR)
Matsushita Electric Industrial Co., Ltd. (MC)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: May
2000 Sales (mil.): 467.50
1-Yr. Sales Growth: (1.6)%
Employees: 2,783
Revenue per employee: $167,984.19
KEY PEOPLE |
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Anders Knutsen
CEO
Peter Thostrup
CFO
CONTACT INFO |
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Peter Bangs Vej 15
DK-7600 Struer, Denmark
Phone: 45-96-84-11-22
Fax: 45-97-85-18-88
Online: Web Site
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