GN Store Nord had a turnover of 2.1 billion kroner in the first quarter. On Wednesday evening, the company presented its first financial statement since the sale of the hearing aid business. (Archive photo). Photo: Liselotte Sabroe/Ritzau Scanpix
GN lowers outlook after hearing aid sale
GN Store Nord lowered its earnings expectations after selling its hearing aid business to Amplifon for 17 billion DKK. The company now projects 2026 organic growth between 0 and 6 percent, down from 2 to 8 percent. First-quarter revenue fell nearly nine percent to 2.1 billion DKK, while...
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