GN Store Nord : FY preview – Looking into 2023 and beyond, but adapting forecast for 2022
>FY 2022 results due 9 February - GN Store Nord’s FY 2022 revenues of DKK 18,580m (+17.8% y-o-y) should be impacted by an organic decline of 0.9% due to a negative contribution of GN Audio (67% of sales), which we predict to decline by 5.5% organically. While GN Hearing is expected to achieve a strong finish with 10% organic growth in the last quarter, the FY organic growth of 4.0% is not sufficient to cover the negative development of GN Audio. Group EBITA is expecte...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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