GN Store Nord : Bumpy 2022 ahead
>Weak finish - as expected - GN Hearing’s Q4 revenues of DKK 1,429m (+3.7% y-o-y) were 1% ahead of expectations. Organic growth was 2% compared with 1% expected. Segmental EBITA reached DKK 219m (+46.0% y-o-y, margin 15.3%, in line with expected). GN Hearing experienced a setback in 2021 following the delay in key product launches and strong competitive dynamics. In the consequence, the segmental guidance was already lowered over the course of 2021. GN Audio made...GN Store Nord is an electronics communication products group based in Denmark. Co. is engaged in the manufacture and marketing of products for personal communication. Co.'s product offering includes hearing instruments, corded and wireless headsets, and audiologic diagnostics equipment used to test people's hearing and sense of balance. In addition, Co. offers products and accessories such as speakers, amplifiers, headset telephones, and adapters, as well as software and equipment for fitting hearing instruments. Co.'s operations are organized along two business divisions: GN Netcom (headsets) and GN ReSound (advanced hearing instruments).
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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