Interim Report Q3 2024: Further margin expansion and strong cash flow despite mixed growth across divisions [Yahoo! Finance]
GN STORE NORD A/S ADR (GNNDY)
NASDAQ:AMEX Investor Relations:
gn.com/investor
Company Research
Source: Yahoo! Finance
The Enterprise division was negatively impacted by sell-in pressure due to economic growth challenges in parts of Central Europe, while North America and Rest of World continued its stabilization. Overall, organic revenue growth ended at -7%, while sell-out growth was -3%. Despite the topline development, the company-wide synergies led to a divisional profit margin of 33.8% The Gaming & Consumer division executed strongly on the wind-down of the Elite & Talk product lines, while SteelSeries was impacted by a slightly declining market, and some quarterly fluctuations including delays in certain order deliveries. The divisional profit margin ended at 4.0% (including DKK -23 million in extraordinary cost) reflecting significant promotional efforts to wind-down product lines The reported EBITA increased 29% to DKK 553 million, driven by group-wide synergies of DKK ~115 million and strict cost focus, but partly off-set by negative operating leverage in Enterprise, the significant prom
Show less
Read more
Impact Snapshot
Event Time:
GNNDY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GNNDY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GNNDY alerts
High impacting GN STORE NORD A/S ADR news events
Weekly update
A roundup of the hottest topics
GNNDY
News
- GN Store Nord AS (GGNDF) Q3 2024 Earnings Call Highlights: Record Cash Flow and Margin ... [Yahoo! Finance]Yahoo! Finance
- Hearing Aids Market Size Projected to Reach USD 14.25 Billion by 2032 with a CAGR of 6.95% - SNS Insider [Yahoo! Finance]Yahoo! Finance
- GN Store Nord A/S (OTCMKTS: GNNDY) was upgraded by analysts at Hsbc Global Res to a "hold" rating.MarketBeat
- Jabra unveils its AI-powered speech enhancement solution for contact center professionals [Financial Post (Toronto, Ontario, Canada)]Financial Post
- GN Store Nord A/S (GGNDF) Q2 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha