GN GN Store Nord A/S

Major shareholder notification – Société Générale S.A.

Major shareholder notification – Société Générale S.A.

GN Store Nord A/S hereby announces that it has received a notification from Société Générale S.A. stating that Société Générale S.A. holds financial instruments, cf. section 39(2)(2) of the Danish Capital Markets Act, representing 5.24% of the share capital and voting rights in GN Store Nord A/S.

For further information, please contact:



Investors and analysts

Morten P. Toft

Vice President – Investor Relations & Treasury

Tel:

Or

Rune Sandager

Senior Manager – Investor Relations 

Tel:





Press and the media

Lars Otto Andersen-Lange

Head of Media Relations & Corporate Public Affairs

Tel:







About GN Group

The GN Group enables people to Hear More, Do More and Be More through its intelligent hearing, audio and video collaboration solutions. Inspired by people and driven by our innovation leadership, we leverage technological synergies between our hearing and audio divisions to deliver unique and increasingly individualized user experiences in our products and solutions.

150 years ago, GN was founded with a truly innovative and global mindset. Today, we honor that legacy with world-leading expertise in the human ear, sound and video processing, wireless technology, miniaturization and collaborations with leading technology partners. GN's solutions are marketed by the brands ReSound, Beltone, Interton, Jabra, BlueParrott and FalCom in 100 countries. Founded in 1869, the GN Group employs 6,500 people and is listed on Nasdaq Copenhagen (GN.CO).

Visit our homepage GN.com - and connect with us on , and .

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EN
02/09/2020

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Reports on GN Store Nord A/S

Rune Majlund Dahl
  • Rune Majlund Dahl

GN Group (Buy, TP: DKK230.00) - Time to rebuild credibility

We forecast Q1 organic sales growth of 3.0% YOY (consensus 2.8%) and an EBITA margin of 9.7% (consensus 9.6%). We see Hearing as starting well, and despite still-negative growth in Enterprise, we expect unchanged 2024 guidance. The upcoming CMD offers management scope to rebuild credibility, and we expect updated long-term targets to reflect “One-GN”. We reiterate our BUY and have raised our target price to DKK230 (215).

ABGSC Healthcare Research ... (+2)
  • ABGSC Healthcare Research
  • Morten Larsen

A decent Q1 while we await the CMD

Q1 2 May with ABG +8% vs. cons. on low-visibility quarter. All days at potential new targets at CMD 7 May, little news on Q1. We stay BUYers on cheap turnaround potential.

 PRESS RELEASE

Annual General Meeting 2024 – GN Store Nord A/S

Annual General Meeting 2024 – GN Store Nord A/S Today, GN Store Nord A/S held its Annual General Meeting. The Annual General Meeting was held in accordance with the agenda announced on February 19, 2024, as set out below. The report by the Board of Directors was noted by the general meeting. The Annual Report 2023 and the proposal on distribution of annual profits, including no distribution of dividends, were approved, and discharge was granted to the Board of Directors and the Executive Management. The general meeting approved the remuneration to the Board of Directors for 2024, ...

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