GN GN Store Nord A/S

Trading in GN Store Nord shares by board members, executives and associated persons

Trading in GN Store Nord shares by board members, executives and associated persons

GN Store Nord A/S has received notification pursuant to article 19 of regulation (EU) no. 596/2014 of the below transactions related to shares in GN Store Nord A/S made by persons discharging managerial responsibilities in GN Store Nord A/S and/or persons closely related with them.

1Details of the person discharging managerial responsibilities/person closely associated
a)NameJukka Pekka Pertola
2Reason for the notification
a)Position/statusDeputy Chairman of the board of directors
b)Initial notification/AmendmentInitial notification
3Details of the issuer
a)NameGN Store Nord A/S
b)LEI5493008U3H3W0NKPFL10
4Details of the transaction(s)
a)Description of the financial instrument, type of instrument



Identification code
Shares



 



DK0010272632
b)Nature of the transactionPurchase of shares
c)Price(s) and volume(s)Price(s)



DKK 364.0 per share
Volume(s)



1,000 shares



 
d)Aggregated information



- Aggregated volume



- Price
 



NA
e)Date of the transaction2020-06-22
f)Place of the transactionNasdaq Copenhagen

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 is a global leader in intelligent audio solutions that let you hear more, do more and be more than you ever thought possible. Our ambitious 150-year journey has taken us from telegraph cables to radio waves and intelligent audio engineering. To celebrate our anniversary, we look to our unique competences within medical, professional and consumer audio solutions to help us continue to transform lives through the power of sound.  



GN was founded with a truly innovative and global mindset. Today, we honor that legacy with world-leading expertise in the human ear, sound, wireless technology, miniaturization and collaborations with leading technology partners. GN's solutions are marketed by the brands ReSound, Beltone, Interton, Jabra and BlueParrott in 100 countries. Founded in 1869, the GN Group employs 6,000 people and is listed on Nasdaq Copenhagen (GN.CO).

Visit our homepage GN.com, get to know our , and connect with us on , and .

Attachment

EN
22/06/2020

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Reports on GN Store Nord A/S

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

+450bp gross margin underpins turnaround

A strong start to 2024 with 5-13% divisional profit beats. +450bp gross margin expansion validates turnaround story. BUY on deep values and turnaround, TP DKK 235 (225).

Rune Majlund Dahl
  • Rune Majlund Dahl

GN Group (Buy, TP: DKK250.00) - Gaining confidence in management

The Q1 results beat our expectations and consensus, with c5% organic growth and a 12.5% EBITA margin, driven by the Hearing division, while Enterprise and Gaming & Consumer saw c0% organic revenue growth in still-muted markets. The 2024 guidance was maintained for organic sales growth of 2–8%, an EBITA margin of 12–14%, and FCF of >DKK700m. At the upcoming CMD, we expect focus to be on One-GN and market outlook. We reiterate our BUY, and have raised our target price to DKK250 (230).

Oliver Metzger
  • Oliver Metzger

GN Store Nord : Strong hearing aid business, stabilisation at Enterpri...

>Q1 review – Strong beat on bottom line - GN Store Nord achieved Q1 revenues of DKK 4,303m (+2.1% y-o-y, 0%/+1% vs ODDO BHF/consensus). Q1 adj. EBITA reached DKK 538m (+218% y-o-y, margin 12.5%), which was a strong beat by 35% of our estimates and by 32% vs consensus. EPS reached DKK 1.74 (vs DKK 0.87/0.85 expected). The 2024 guidance is confirmed.GN Hearing - Excellent organic growth on new Nexia platform - GN Hearing’s Q1 revenues of DKK 1,737m (+7....

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