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United Kingdom

GN Store Nord A/S (GN.CO)

GN.CO on Copenhagen Stock Exchange

295.00DKK
23 Aug 2019
Change (% chg)

kr.-10.60 (-3.47%)
Prev Close
kr.305.60
Open
kr.307.40
Day's High
kr.309.70
Day's Low
kr.294.20
Volume
776,818
Avg. Vol
388,918
52-wk High
kr.346.60
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kr.226.70

Latest Key Developments (Source: Significant Developments)

GN Audio upgrades financial guidance for 2019
Wednesday, 21 Aug 2019 

Aug 21 (Reuters) - GN Store Nord A/S ::ORGANIC REVENUE GROWTH GUIDANCE FOR GN AUDIO IS UPGRADED FROM MORE THAN 19% TO AROUND 24% FOR 2019.UPGRADES FINANCIAL GUIDANCE FOR 2019.ALL GUIDANCE PARAMETERS OTHER THAN ORGANIC REVENUE ARE UNCHANGED FOR 2019.  Full Article

GN Store Announces Reference Share Price And Initial Strike Price
Thursday, 16 May 2019 

May 16 (Reuters) - GN Store Nord A/S ::REG-GN STORE NORD A/S ANNOUNCES THE REFERENCE SHARE PRICE AND INITIAL STRIKE PRICE IN RESPECT OF ITS EUR 330 MILLION ZERO-COUPON CONVERTIBLE BOND OFFERING CONSISTING OF BOND WITH WARRANT UNITS.NEW WARRANTS WILL BE EXERCISABLE INTO EXISTING REGISTERED ORDINARY SHARES OF THE COMPANY HELD IN TREASURY.REFERENCE SHARE PRICE IS DKK 326.7939.INITIAL STRIKE PRICE IS DKK 473.8512.EXPECTS TO PROPOSE THAT SOME OR ALL OF THE ABOUT 1.0 MILLION EXCESS SHARES BE CANCELLED AT CO’S ANNUAL GENERAL MEETING IN 2020.  Full Article

GN Store Nord Q1 EBITA At DKK 439 Million, Below Consensus
Wednesday, 1 May 2019 

May 1 (Reuters) - GN Store Nord A/S ::REG-INTERIM REPORT Q1 2019: STRONG START TO 2019 WITH 19% ORGANIC REVENUE GROWTH AND 25% EPS INCREASE IN Q1.REG-INTERIM REPORT Q1 2019: STRONG START TO 2019 WITH 19% ORGANIC REVENUE GROWTH AND 25% EPS INCREASE IN Q1.GN HEARING IS OFF TO A STRONG START TO 2019 AND DELIVERED 8% ORGANIC REVENUE GROWTH IN Q1 2019.Q1 REVENUE DKK 2.84 BILLION (REUTERS POLL: DKK 2.89 BILLION).GN AUDIO DELIVERED 36% ORGANIC REVENUE GROWTH IN Q1 2019 DRIVEN BY VERY STRONG PERFORMANCE ACROSS BUSINESS.Q1 EBITA DKK 439 MILLION (REUTERS POLL: DKK 486 MILLION).SAYS WITH 8% ORGANIC REVENUE GROWTH IN Q1 2019, WE SEE THAT GN HEARING'S INNOVATION STRATEGY IS WORKING AS PLANNED..SAYS WITH 36% ORGANIC REVENUE GROWTH IN Q1, GN AUDIO STARTED 2019 WITH CONTINUED VERY STRONG MOMENTUM.FINANCIAL GUIDANCE FOR 2019 - UPGRADED ON APRIL 12, 2019 - IS CONFIRMED.  Full Article

GN Store Nord Initiates New Share Buyback Program
Wednesday, 1 May 2019 

May 1 (Reuters) - GN Store Nord A/S ::REG-INITIATION OF NEW SHARE BUYBACK PROGRAM.ANNOUNCES A NEW SHARE BUYBACK PROGRAM OF DKK 1,000 MILLION TO BE INITIATED TODAY AND CONCLUDED NO LATER THAN 10 MARCH 2020.AT INITIATION OF SHARE BUYBACK PROGRAM, GN HOLDS 10,589,348 OWN SHARES CORRESPONDING TO 7.4% OF TOTAL SHARE CAPITAL.  Full Article

GN Store's GN Audio Raises Outlook For 2019
Friday, 12 Apr 2019 

April 12 (Reuters) - GN Store Nord A/S ::REG-GN AUDIO UPGRADES FINANCIAL GUIDANCE FOR 2019.GN AUDIO HAS HAD A VERY STRONG START TO 2019, WITH FOLLOWING PRELIMINARY NUMBERS FOR Q1 2019: REVENUE: DKK 1,333 MILLION.UPGRADES FINANCIAL GUIDANCE FOR 2019 WITH ORGANIC REVENUE GROWTH GUIDANCE IS UPGRADED FROM "MORE THAN 15%" TO "MORE THAN 19%".GN AUDIO UPGRADES FINANCIAL GUIDANCE FOR 2019: ORGANIC REVENUE GROWTH GUIDANCE IS UPGRADED FROM "MORE THAN 15%" TO "MORE THAN 19%".GN AUDIO 2019 EBITA MARGIN IS UPGRADED FROM "MORE THAN 19%" TO "AROUND 20%" BEFORE TRANSACTION RELATED COSTS RELATED TO ALTIA ACQUISITION.GN AUDIO PRELIMINARY NUMBERS FOR Q1 2019: ORGANIC REVENUE GROWTH: 36%.  Full Article

CFO Buys 3,000 Shares In GN Store Nord
Friday, 8 Mar 2019 

March 8 (Reuters) - GN Store Nord A/S ::CFO BUYS 3,000 SHARES IN CO WITH PRICE DKK 309,78 PER SHARE.  Full Article

GN Store Nord CFO Says Macroeconomic Uncertainty Has Not Hit Us Yet
Wednesday, 27 Feb 2019 

Feb 27 (Reuters) - GN STORE NORD A/S CFO MARCUS DESIMONI TO REUTERS::GN STORE NORD CFO SAYS MACROECONOMIC UNCERTAINTY HAS NOT HIT US YET, SEES "CONTINUOUSLY STRONG MOMENTUM" IN THE US AND ASIA/PACIFIC.  Full Article

GN Store Q4 EBITA DKK 688 Mln, Above Estimates
Wednesday, 27 Feb 2019 

Feb 27 (Reuters) - GN Store Nord A/S ::REG-ANNUAL REPORT 2018: GN DELIVERS ON GUIDANCE WITH 13% ORGANIC GROWTH AND EBITA MARGIN INCREASE – 18% ORGANIC GROWTH IN Q4 2018.REG-ANNUAL REPORT 2018: GN DELIVERS ON GUIDANCE WITH 13% ORGANIC GROWTH AND EBITA MARGIN INCREASE – 18% ORGANIC GROWTH IN Q4 2018.ORGANIC REVENUE GROWTH WAS 13% BASED ON STRONG EXECUTION IN BOTH GN HEARING AND GN AUDIO.DELIVERED 19% REVENUE GROWTH IN Q4 2018.Q4 EBITA INCREASED BY 9% TO DKK 688 MILLION, EQUAL TO AN EBITA MARGIN OF 21.6%.CURRENT ONE-YEAR DKK 1 BILLION SHARE BUYBACK PROGRAM WILL BE CONCLUDED NO LATER THAN MARCH 14, 2019.BOARD OF DIRECTORS WILL PROPOSE TO PAY OUT DKK 1.35 PER SHARE IN DIVIDEND FOR FISCAL YEAR 2018.IN 2019, GN STORE NORD TARGETS A DOUBLE-DIGIT PERCENTAGE INCREASE IN EARNINGS PER SHARE (EPS)..TARGETS 2017-2019 ORGANIC GROWTH 6-8% FOR HEARING ABD 6-9% FOR AUDIO.TARGETS 2-17-2019 EBITA MARGIN 20-22% FOR HEARING AND 17-19% FOR AUDIO.EXPECTS 2019 EBITA MARGIN >20% FOR HEARING AND >19% FOR AUDIO.SEES 2019 ORGANIC GROWTH ABOUT 7% FOR HEARING AND >15% FOR AUDIO.EBITA IN "OTHER" IS EXPECTED TO BE AROUND DKK (150) MILLION.IN 2019, GN STORE NORD TARGETS A DOUBLE-DIGIT PERCENTAGE INCREASE IN EARNINGS PER SHARE (EPS)..Q4 EBITA DKK 688 MILLION (REUTERS POLL: DKK 683 MILLION).  Full Article

GN Store Nord Appoints Jakob Gudbrand CEO Of GN Hearing
Monday, 17 Dec 2018 

Dec 17 (Reuters) - GN Store Nord A/S ::REG-CHANGE TO EXECUTIVE MANAGEMENT – JAKOB GUDBRAND APPOINTED CEO OF GN HEARING.JAKOB GUDBRAND AS CEO OF GN HEARING EFFECTIVE AS OF 18 FEBRUARY 2019.  Full Article

GN Store Nord Q3 EBITA DKK 462 Million, Above Estimates
Thursday, 15 Nov 2018 

Nov 15 (Reuters) - GN Store Nord A/S ::REG-INTERIM REPORT Q3 2018: CONTINUED STRONG DOUBLE DIGIT ORGANIC REVENUE GROWTH. 20% ORGANIC REVENUE GROWTH IN GN AUDIO.12% ORGANIC REVENUE GROWTH IN Q3 2018.FINANCIAL GUIDANCE FOR 2018 IS CONFIRMED.Q3 REVENUE DKK 2.56 BILLION (REUTERS POLL: DKK 2.52 BILLION).Q3 EBITA DKK 462 MILLION (REUTERS POLL: DKK 452 MILLION).GN HEARING DELIVERED 6% ORGANIC REVENUE GROWTH IN Q3 2018.GN AUDIO DELIVERED AN EXCEPTIONALLY STRONG 20% ORGANIC REVENUE GROWTH IN Q3.  Full Article

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Daily Briefing: To cut or not to cut, that is the question

Gangbusters second-quarter results from U.S. retailers Target and Lowe yesterday show the U.S. consumer continues to happily spend, and the figures come on top of Walmart’s forecast-beating earnings last week.