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GN — GN Store Nord A/S News Story

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Brief: GN Q3 Revenue At DKK 3,958 Million, Above IBES Estimate

Nov 6 (Reuters) - GN Store Nord A/S GN.CO:

Q3 REVENUE DKK 3,958 MILLION VERSUS. IBES ESTIMATE DKK 4,038 MILLION

Q3 EPS DKK 0.5

Q3 EBITA DKK 435 MILLION

FINANCIAL GUIDANCE FOR 2025 IS CONFIRMED

WILL BE ABLE TO SERVE VAST MAJORITY OF U.S. MARKET WITH MANUFACTURING OUTSIDE OF CHINA BY END-2025

IT IS STILL EXPECTED THAT MARKET IN 2025 WILL GROW SLOWER THAN ITS STRUCTURAL TREND.

BASED ON STRONG SALES MOMENTUM OF RESOUND VIVIA AND RESOUND SAVI, GN IN 2025 EXPECTS TO CONTINUE TO GAIN MARKET SHARE.

UNCERTAINTY AND CHANGE IN TRADE ENVIRONMENT ARE IMPACTING OUR ENTERPRISE DIVISION

STILL SEES NET IMPACT FROM TARIFFS TO IMPACT GROUP EBITA MARGIN BY AROUND -1% IN 2025

GAMING MARKET IS ALSO IMPACTED BY CHANGE IN TRADE ENVIRONMENT AND GENERAL WEAK CONSUMER SENTIMENT

IT IS STILL EXPECTED THAT NET IMPACT FROM TARIFFS WILL IMPACT GROUP EBITA MARGIN BY AROUND -1% IN 2025

Source text: ID:nGNE46KcLW

Further company coverage: GN.CO

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))

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