Brief: GN Store Nord Confirms Full Year Guidance

GN Store Nord A/S

02/05/2024 06:38

May 2 (Reuters) - GN Store Nord A/S  GN.CO :
    * FULL YEAR GUIDANCE IS CONFIRMED
    * 2024 GUIDANCE: ORGANIC REVENUE GROWTH 2-8%
    * 2024 GUIDANCE: EBITA MARGIN 12-14%
    * SAYS GN IDENTIFIED COMPANY-WIDE SYNERGIES WHICH WILL
SUPPORT AND
ACCELERATE THE MARGIN IMPROVEMENT ACROSS THE GROUP
    * SAYS IT HAS IDENTIFIED DKK APPROX. 600  MILLION IN COST
SYNERGIES (ACROSS COGS AND OPEX) TO BE REALIZED BY  2026 OF
WHICH ROUGHLY TWO-THIRDS WILL BE ACHIEVED IN 2024
    * SAYS IN Q1 2024, SYNERGIES WORTH OF DKK APPROX. 90 MILLION
WERE
REALIZED AS A RESULT OF THE ORGANIZATIONAL CHANGES EXECUTED LAST
YEAR

Source text for Eikon:  ID:nGNE2Rqx50 
Further company coverage:  GN.CO 

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