GN Store seen lower as weak demand leads to Q1 miss

GN Store Nord A/S

07/05/2026 07:53

** Shares in GN Store Nord GN.CO are expected to fall 3-5% after the Danish audio solutions provider reported lower organic sales, citing weak market demand outside of North America

** Quarterly revenue from continuing operations fell 8% to 2.10 billion Danish crowns ($330 million), missing the 2.17 billion expected by analysts on average

** GN Store lowers its revenue guidance and starts a cost savings programme. The company's organic sales fall 4%

** Jyske Banks analysts say that while the market expected the guidance cut, the weak start to the year increases uncertainty

($1 = 6.3596 Danish crowns)

 (Reporting by Boleslaw Lasocki)

 ((boleslaw.lasocki@thomsonreuters.com; +48 58 769 66 00;))