Sparkle Roll explores Bang & Olufsen stake sale
Hong Kong-based New Sparkle Roll International Group is considering selling its holding in Bang & Olufsen, potentially reshaping the ownership of the Danish luxury audio maker, people familiar with the matter said. The deliberations concern a stake of more than 10 per cent in the Copenhagen-listed company, making New Sparkle Roll one of Bang & Olufsen’s two largest disclosed shareholders. The…
Hong Kong-based New Sparkle Roll International Group is contemplating the sale of its stake in Danish luxury audio manufacturer Bang & Olufsen. The company currently holds a stake exceeding 10%, making it one of the two largest disclosed shareholders. Bang & Olufsen reported a 3.3% decline in revenue for 2026 compared to the previous year, with a 1.6% decrease in local currency terms.
Despite this, the company's gross margin increased to a record 58.2%, while its earnings before interest and tax (EBIT) excluding special items turned to a loss of 13 million Danish kroner, up from a 26 million kroner profit the prior year. Bang & Olufsen aims to bolster profitability following a mixed financial year, with revenue growth forecasted between 1% and 5% and an EBIT margin before special items ranging from 1% to 3% for the 2026-27 fiscal year.
The potential sale of New Sparkle Roll's stake comes after the Hong Kong group increased its position above the 10% disclosure threshold last year. If sold, this substantial block of shares could influence the company's shareholder composition.
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