Brief: Gn Store Nord Will Not Pay Out Dividend For 2025

GN Store Nord A/S

05/02/2026 06:12

Feb 5 (Reuters) - GN Store Nord A/S GN.CO:

 DELIVERS 2025 REVENUE OF DKK 16.8 BILLION WITH -1% ORGANIC GROWTH

FY REPORTED EBITA OF DKK 1.9 BILLION AND A MARGIN OF 11.4%

GN IS EXPOSED TO AN ATTRACTIVE HEARING AID MARKET, WHICH HAS HISTORICALLY BEEN GROWING 4-6% IN VOLUMES DRIVEN BY ONGOING FAVORABLE DEMO-GRAPHIC TRENDS

GUIDES 2026 ORGANIC REVENUE GROWTH 3%-7%, EBITA MARGIN 11.5%-13.5%

GN WILL CONTINUE TO GROW STRONGLY DESPITE DIFFICULT COMPARISON BASES AND WEAKER-THAN-NORMAL MARKET GROWTH

SEES 2026 ORGANIC REVENUE GROWTH IN RANGE OF 3% TO 7%

2026 OUTLOOK: HEARING DIVISION ASSUMES TO CONTRIBUTE WITH ORGANIC REVENUE GROWTH OF 3% TO 7%

2026 OUTLOOK: EBITA MARGIN IS EXPECTED TO BE SUPPORTED BY TEMPORARY NATURE OF CERTAIN SUPPLY CHAIN COSTS IN 2025, GROSS MARGIN EXPANSION AND OPERATING LEVERAGE.

2026 OUTLOOK: UNDERLYING MARGIN EXPANSION FOR 2026 IS SUPPORTING JOURNEY TOWARDS STRUCTURAL MARGIN TARGET LEVEL OF 16-17%

2025 WAS A CHALLENGING YEAR FOR GN, WITH TARIFFS AND MACROECONOMIC UNCERTAINTY AFFECTING OUR BUSINESS AROUND WORLD

Q4 REVENUE DKK 4,678  MILLION VERSUS IBES ESTIMATE DKK 4,873 MILLION

GN WILL NOT PAY OUT DIVIDEND IN RESPECT OF THE FINANCIAL YEAR 2025 AND SHARE BUYBACK PROGRAMS HAVE BEEN PAUSED FOR THE TIME BEING

Q4 EBITA DKK 627 MLN

Source text: ID:nGNE3mZZ1w

Further company coverage: GN.CO

 (Gdansk Newsroom)

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