GN Store Nord rises after Logitech's Q3 beat, outlook hike

Logitech International SA

29/01/2025 12:31

** Shares in Danish maker of hearing aids, speakerphones and
headsets GN Store Nord  GN.CO  rise around 5% after competitor
Logitech  LOGN.S  raised its FY outlook and posted a Q3 sales
beat
    ** ABG Sundal Collier analyst Morten Larsen points to
"strong cross-read" from Logitech's report which notes higher
growth in Gaming and Headsets product categories
    ** Carnegie Investment Bank analyst Niels Granholm-Leth adds
that Logitech mentioned improving demand for office equipment
among private consumers and B2B segment

 (Reporting by Vera Dvorakova)
 ((vera.dvorakova@thomsonreuters.com))