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GN Store Nord A/S (GNNDY)

78.27

0.00

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At close: April 22 at 3:59 PM EDT

Annual General Meeting 2024 – GN Store Nord A/S

Today, GN Store Nord A/S held its Annual General Meeting. The Annual General Meeting was held in accordance with the agenda announced on February 19, 2024, as set out below. The report by the Board of Directors was noted by the general meeting. The Annual Report 2023 and the proposal on distribution of annual profits, including no distribution of dividends, were approved, and discharge was granted to the Board of Directors and the Executive Management. The general meeting approved the remunerati

GlobeNewswire last month
GN Store Nord A/S - Notice to convene the Annual General Meeting 2024

GN Store Nord’s Annual General Meeting will be held on Wednesday, March 13, 2024, at 10:00 a.m. CET at the company’s address: Lautrupbjerg 7, 2750 Ballerup, Denmark. Please find attached the notice to convene the Annual General Meeting, including the agenda and complete proposals. For further information, please contact: Investor RelationsRune Sandager +45 45 75 92 57 Media Relations Steen Frentz Laursen +45 20 65 34 20 About GN GN facilitates communication between people through intelligent hea

GlobeNewswire 2 months ago
Annual Report 2023: Strong execution across the company led to 13% organic revenue growth in GN Hearing and -8% organic revenue growth in GN Audio, while generating DKK 1.1 billion in free cash flow excl. M&A

2023 highlights GN delivered DKK 18.1 billion revenue with organic revenue growth of -1%, as a result of 13% organic revenue growth in GN Hearing and -8% organic revenue growth in GN AudioAdj. EBITA of DKK 1.8 billionNew capital plan from May 2023 provides solid foundation for strategy execution. Free cash flow excl. M&A of DKK 1,092 million which together with the other pillars of the capital plan drove a DKK 4 billion reduction in net interest-bearing debt. Adj. leverage ended at 4.5xTransform

GlobeNewswire 2 months ago
GN Store Nord announces change to the Board of Directors

Board member Ronica Wang has decided to step down from the Board of Directors of GN Store Nord A/S. Consequently, GN’s Board of Directors as of today consists of Jukka Pekka Pertola (Chair), Klaus Holse (Deputy chair), Anette Weber, Hélène Barnekow, and members elected by the employees: Leo Larsen, Cathrin Inge Hansen, and Claus Holmbeck-Madsen. For further information, please contact: Investor RelationsAnne Sofie Staunsbæk Veyhe +45 45 75 85 06Rune Sandager +45 45 75 92 57 Media Relations Steen

GlobeNewswire 3 months ago
Major shareholder notification – Norges Bank

GN Store Nord A/S hereby announces that on December 14, 2023, pursuant to Section 38(1) of the Danish Capital Markets Act, it received a notification from Norges Bank stating that on December 13, 2023 Norges Bank decreased its aggregate direct holding of shares to under 5% of the share capital and voting rights in GN Store Nord A/S. For further information, please contact: Investor RelationsAnne Sofie Staunsbæk Veyhe +45 45 75 85 06Rune Sandager +45 45 75 92 57 Media Relations Steen Frentz Laurs

GlobeNewswire 4 months ago
Trading in GN Store Nord shares by board members, executives and associated persons

GN Store Nord has received notification pursuant to article 19 of regulation (EU) no. 596/2014 of the below transactions related to shares in GN Store Nord made by persons discharging managerial responsibilities in GN Store Nord and/or persons closely associated with them. Details of the person discharging managerial responsibilities/person closely associated Name Peter Karlstromer Reason for the notification Position/status Chief executive officer Initial notification/Amendment Initial notifica

GlobeNewswire 4 months ago
One-GN transformation well on track. Hearing continued strong organic growth while Enterprise executed well in stabilizing markets and SteelSeries outperformed the market. Sequential margin improvements resulted in strong positive free cash

- - GN Store Nord GN delivered continued focused execution across the company resulting in 1% revenue growth compared to Q2 2023. Group organic revenue growth was 0%Adj. EBITA was DKK 495 million, equal to an adj. EBITA margin improvement of 1.9 percentage points compared to Q2 2023 (0.6 percentage points lower than Q3 2022), driven by tightly managed OPEX. This led to strong free cash flow excl. M&A of DKK 279 million and in combination with the disposal of BelAudição, the net interest-bearing

GlobeNewswire 5 months ago
Nothing Beats In-person Meetings, but Tech is Vital for Hybrid Working Trust and Equality, Reveals Jabra's New Study at the LSE Behavioural Lab

Jabra has conducted new research, 'Meeting great expectations: Behavior, Emotion and Trust,' at the LSE Behavioural Lab to understand the behavioral dynamics of meetings and the impact of technology. The research found that meeting members were more engaged (56%) during face-to-face collaboration, and in instances where hybrid meetings are required, meeting room participants saw an 84% increase in engagement from remote participants when using an optimized professional meeting-room headset and v

PR Newswire 5 months ago
GN completes divestment of BelAudição

Continued execution of GN’s capital plan generating net proceeds of DKK ~500m Today, GN has successfully completed the divestment of BelAudição, Unipessoal Lda (“BelAudição”) to MCH Private Equity, bringing in net proceeds of DKK ~500 million. Following the announcement on June 28, 2023, the buyer has obtained anti-trust clearance and completed financing. The transaction demonstrates GN’s commitment to its successful strategy of not owning retail and instead focus on being a key supplier to stro

GlobeNewswire 7 months ago
GN moves to “one company” governance structure; appoints Peter Karlstromer to Group CEO

The GN Group has a long and proud history as a technology innovator and, today, enjoys strong positions in attractive hearing, enterprise collaboration, and consumer gaming markets. In recent years, GN has increasingly expanded collaboration and integration across its two business divisions, GN Hearing and GN Audio, thus benefitting from joint innovation and leveraging combined scale to drive growth and profitability. GN’s Board of Directors has now decided to execute the next step of integratio

GlobeNewswire 7 months ago
Jabra unveils its two most advanced earbuds ever, marking leadership in premium true wireless

Jabra, leader in personal sound and hybrid work solutions, today launches two new premium models to expand the top end of their Elite true wireless earbuds range. The new lineup includes the Elite 8 Active, tested to be the world's toughest earbuds*, and the Elite 10, Jabra's most advanced earbuds for work and life with clear calls, all-day comfort and an immersive Dolby Atmos experience through Dolby Head Tracking.

PR Newswire 7 months ago
GN Store Nord delivered strong organic growth in GN Hearing and solid sequential growth in GN Audio generating DKK 622 million positive free cash flow. Financial guidance updated

- - GN Store Nord GN executed strongly across the company despite continued challenging market conditions in GN Audio. GN increased revenue by 4% compared to Q1 2023, equal to an organic revenue growth of -8% due to a high comparison base from last yearAdj. EBITA was DKK 404 million, equal to an adj. EBITA margin improvement of 3.2 percentage points compared to Q1 2023 (decline of 3.4 percentage points compared to Q2 2022)Due to a relentless focus on balance sheet items, free cash flow excl. M&A

GlobeNewswire 8 months ago
Update of financial guidance for 2023

Following a stronger than expected Q2 2023 and continued strong sales momentum, GN Hearing is upgrading its organic revenue growth guidance from “5% to 10%” to “9% to 13%”. The EBITA margin in the core business of “14% to 16%” is confirmed to allow for further investments to drive growth, as well as preserving flexibility to take appropriate actions to ensure continued margin expansion. Following a slower than expected market recovery in GN Audio’s Enterprise business, GN Audio’s organic revenue

GlobeNewswire 8 months ago
GN announces divestment of BelAudição

Continued execution of new capital plan to strengthen capital structure and drive growth Today, GN has signed an agreement to divest BelAudição, Unipessoal Lda (“BelAudição”) to MCH Private Equity. BelAudição is the owner of the leading retailer of hearing aid solutions in Portugal, AudiçãoActiva, with around 50 hearing aid stores and 2022 revenues of around EUR 35 million and topline growth of 24%. MCH Private Equity is an independent private equity firm based on the Iberian Peninsula with a fo

GlobeNewswire 9 months ago
AI-powered updates to Jabra PanaCast 50 revolutionizes hybrid video conferencing

Jabra, a leader in personal sound and hybrid work solutions, announces new AI-powered features for its PanaCast 50 and PanaCast 50 Room System today at InfoComm 2023. Hybrid meetings are top of mind for businesses, with Jabra research* revealing that 80% of all meetings globally are either fully virtual or hybrid. So, it is important that employees get the most out of their meetings, regardless of where they are joining from.

CNW Group 10 months ago
Registration of share capital increase of 13,719,337 new shares completed

NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA, JAPAN OR ANY OTHER JURISDICTION WHERE THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL OR REQUIRE REGISTRATION OR ANY OTHER MEASURES THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFERING MEMORANDUM OR A PROSPECTUS AS DEFINED BY REGULATION (EU) NO. 2017/1129 OF 14 JUNE 2017. Registration of share capital increase of 13,719,337 new shares completed In conne

GlobeNewswire 10 months ago
Major shareholder notification – GN Store Nord A/S

GN Store Nord A/S hereby announces that on May 25, 2023, pursuant to Section 31 of the Danish Capital Markets Act, it has decreased its aggregate holding of treasury shares to below 5% of the share capital and voting rights in GN Store Nord A/S. For further information, please contact: For further information, please contact: Investor RelationsAnne Sofie Staunsbæk Veyhe +45 45 75 85 06Rune Sandager +45 45 75 92 57 Media Relations Steen Frentz Laursen +45 20 65 34 20 About GN GN brings people clo

GlobeNewswire 10 months ago
GN Store Nord A/S announces successful completion of directed issue and private placing of new shares and existing treasury shares, raising gross proceeds of approximately DKK 2.75 bn

NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA, JAPAN OR ANY OTHER JURISDICTION WHERE THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL OR REQUIRE REGISTRATION OR ANY OTHER MEASURES THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFERING MEMORANDUM OR A PROSPECTUS AS DEFINED BY REGULATION (EU) NO. 2017/1129 OF 14 JUNE 2017. GN Store Nord A/S announces successful completion of directed issue and private pl

GlobeNewswire 10 months ago
GN Store Nord A/S announces plan to strengthen its capital structure to execute growth opportunities including a directed issue and private placing of a total of approximately 17 million shares

NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA, JAPAN OR ANY OTHER JURISDICTION WHERE THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL OR REQUIRE REGISTRATION OR ANY OTHER MEASURES THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFERING MEMORANDUM OR A PROSPECTUS AS DEFINED BY REGULATION (EU) NO. 2017/1129 OF 14 JUNE 2017. GN Store Nord A/S announces plan to strengthen its capital structure to execute gr

GlobeNewswire 10 months ago
GN Store Nord delivered 7% organic revenue growth driven by strong market share gains. Full year guidance upgraded

- - GN Store Nord GN delivered 9% revenue growth, of which 7% was organic revenue growth, leading to revenue of DKK 4,214 million reflecting strong execution in challenging market conditions Adj. EBITA was DKK 251 million and free cash flow excl. M&A was DKK -578 million driven by non-recurring items as well as seasonality in cash flow due to, among other, payment of corporate tax New financing plan will be announced in the short-term with the aim to clear the 2024 and 2025 debt maturities The f

GlobeNewswire 11 months ago

Performance Overview

Return	GNNDY	OMX Copenhagen 25 Index
YTD	+1.62%	+3.54%
1-Year	+11.48%	+2.56%
3-Year	-70.27%	+9.32%

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GN Store Nord A/S (GNNDY)

Annual General Meeting 2024 – GN Store Nord A/S

GN Store Nord A/S - Notice to convene the Annual General Meeting 2024

Annual Report 2023: Strong execution across the company led to 13% organic revenue growth in GN Hearing and -8% organic revenue growth in GN Audio, while generating DKK 1.1 billion in free cash flow excl. M&A

GN Store Nord announces change to the Board of Directors

Major shareholder notification – Norges Bank

Trading in GN Store Nord shares by board members, executives and associated persons

One-GN transformation well on track. Hearing continued strong organic growth while Enterprise executed well in stabilizing markets and SteelSeries outperformed the market. Sequential margin improvements resulted in strong positive free cash

Nothing Beats In-person Meetings, but Tech is Vital for Hybrid Working Trust and Equality, Reveals Jabra's New Study at the LSE Behavioural Lab

GN completes divestment of BelAudição

GN moves to “one company” governance structure; appoints Peter Karlstromer to Group CEO

Jabra unveils its two most advanced earbuds ever, marking leadership in premium true wireless

GN Store Nord delivered strong organic growth in GN Hearing and solid sequential growth in GN Audio generating DKK 622 million positive free cash flow. Financial guidance updated

Update of financial guidance for 2023

GN announces divestment of BelAudição

AI-powered updates to Jabra PanaCast 50 revolutionizes hybrid video conferencing

Registration of share capital increase of 13,719,337 new shares completed

Major shareholder notification – GN Store Nord A/S

GN Store Nord A/S announces successful completion of directed issue and private placing of new shares and existing treasury shares, raising gross proceeds of approximately DKK 2.75 bn

GN Store Nord A/S announces plan to strengthen its capital structure to execute growth opportunities including a directed issue and private placing of a total of approximately 17 million shares

GN Store Nord delivered 7% organic revenue growth driven by strong market share gains. Full year guidance upgraded

Performance Overview