GN Store Nord shares rise after 'solid' Q3

GN Store Nord A/S

06/11/2025 08:59

** Shares in GN Store Nord GN.CO rise about 5.4% as the Danish hearing aids maker posted a "solid" Q3 performance amid challenging markets

** It reported Q3 revenue of DKK 3,958 million ($618.16 million), slightly below the DKK 4,038 million seen by analysts polled by LSEG

** The company also confirmed 2025 guidance

** Jyske Bank says the company's performance in Q3 was "solid" in challenging markets, which should be enough to satisfy the market

** "The absence of negative surprises may give rise to some relief in the market," it adds

** "Overall a broadly in-line take given the deteriorating market conditions in Hearing is likely to be seen as good enough," J.P.Morgan says

** The stock is on track for its best day since October 6

($1 = 6.4029 Danish crowns)

 (Reporting by Marta Frackowiak)

 ((marta.frackowiak@thomsonreuters.com))