Report
Martial Descoutures ...
  • Oliver Metzger

GN Store Nord : Slow start into 2022

>Weak finish as expected - GN Hearing’s Q4 revenues of DKK 1,429m (+3.7% y-o-y) experienced only 2% organic growth on the back of the delay in key product launches and strong competitive dynamics, which was already communicated. GN Audio made Q4 revenues of DKK 2,671m (-1.3% y-o-y) subject to an organic decline of 4% due to an increasingly challenging supply situation for certain components across the industry, which was already reflected in an adjusted guidance. At g...
Underlying
GN Store Nord A/S

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).

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Martial Descoutures

Oliver Metzger

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