Bang & Olufsen A/S (0MRM.IL)
- Globe Newswire
Long Term Share-based incentive programme for 2024/25
Pursuant to Bang & Olufsen A/S’ Remuneration Policy, the Board of Directors has approved the long-term restricted share program for 2024/25. The program consists of restricted share-based remuneration to the Executive Management Board, key employees and certain other employees. Two thirds of the restricted shares are Performance Shares that are eligible for vesting in equal tranches over the three financial years 2024/25, 2025/26 and 2026/27 depending on the level of achievement of certain KPIs
- Globe Newswire
Bang & Olufsen to accelerate strategic execution and set medium-term financial ambitions
Bang & Olufsen announces plan to accelerate its strategic execution, aiming to drive long-term growth and further improve profitability. As part of this mid-term plan, Bang & Olufsen has set an ambition of achieving organic revenue growth of 8% (CAGR) in the three-year period covering the financial years 2025/26 to 2027/28 and an EBIT margin before special items of 8% as well as a free cash flow of DKK 250m, both to be achieved in 2027/28. Over the last 18 months, Bang & Olufsen has executed on
- Globe Newswire
Change of Board of Directors - employee elected member steps down and is succeeded by alternate
Bang & Olufsen A/S today announces that Brian Bjørn Hansen is stepping down as an employee elected member of the Board of Directors as of 22 May 2024. Chair of the Board of Directors, Juha Christensen comments: “I would like to thank Brian Bjørn Hansen for his time and contribution in our Technology Committee and as a member of the Board.” Brian Bjørn Hansen will be succeeded by alternate Andra Gavrilescu, who will become new employee-elected member of the Board of Directors. For further informa
