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GN Store Nord A/S (GN.CO)

GN.CO on Copenhagen Stock Exchange

315.30DKK
17 Aug 2018
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Latest Key Developments (Source: Significant Developments)

GN Store Nord Receives Information That T. Rowe Price Group Has Decreased Its Holdings Of GN Shares
Tuesday, 24 Jul 2018 

July 23 (Reuters) - Gn Store Nord ::RECEIVED INFORMATION THAT T. ROWE PRICE GROUP, INC. HAS DECREASED ITS HOLDINGS OF GN SHARES.T. ROWE PRICE GROUP, INC. THEREBY HOLDS LESS THAN 5 PERCENT OF THE SHARE CAPITAL AND THE VOTING RIGHTS.  Full Article

GN Store Nord: T. Rowe Price Group, Inc. Decreased Its Holdings Of GN Shares
Friday, 20 Jul 2018 

July 20 (Reuters) - GN STORE NORD A/S ::GN STORE NORD HAS RECEIVED INFORMATION THAT T. ROWE PRICE GROUP, INC. HAS DECREASED ITS HOLDINGS OF GN SHARES.T. ROWE PRICE GROUP, INC. THEREBY HOLDS LESS THAN 5% OF VOTING RIGHTS..T. ROWE PRICE GROUP, INC. CONTINUES TO HOLD MORE THAN 5 % OF SHARE CAPITAL.  Full Article

GN Store Nord: Strategic Partnership With audEERING
Tuesday, 19 Jun 2018 

June 19 (Reuters) - GN Store Nord A/S ::A/S - GN STORE NORD PARTNERS WITH GERMAN AI TECHNOLOGY COMPANY FOCUSED ON SOUND ANALYSES.GN STORE NORD HAS ESTABLISHED A STRATEGIC PARTNERSHIP WITH GERMAN AUDEERING.  Full Article

GN Store Nord Lifts 2018 Outlook On Back Of Strong Business Headsets Sales -CEO
Thursday, 14 Jun 2018 

June 14 (Reuters) - GN Store Nord A/S ::GN STORE NORD'S AUDIO CEO 2018 PROFIT AND SALES OUTLOOK UPGRADE DRIVEN BY NEW BUSINESS HEADSET RANGE.GN STORE NORD'S AUDIO CEO SAYS HAS TAKEN "SIGNIFICANT" MARKET SHARES FROM COMPETITORS INCLUDING PLANTRONICS; EXPECTS THIS TO CONTINUE.  Full Article

GN Store Nord Acquires Majority Stake In Innova
Wednesday, 2 May 2018 

May 2 (Reuters) - GN STORE NORD A/S ::A/S - GN AUDIO INVESTS IN FURTHER GROWTH IN INDIA WITH JABRA CONNECT.GN AUDIO HAS ACQUIRED A MAJORITY STAKE IN INNOVA TELECOM PVT. LTD.  Full Article

GN Store Nord looses lawsuit against Plantronics
Thursday, 19 Oct 2017 

Oct 19 (Reuters) - GN STORE NORD SAYS:‍JURY RULES IN FAVOR OF PLANTRONICS IN GN AUDIO'S LAWSUIT AGAINST PLANTRONICS..IN 2012, GN AUDIO FILED A LAWSUIT AGAINST PLANTRONICS FOR UNLAWFUL MONOPOLIZATION OF THE DISTRIBUTORS MARKET IN THE US..THE JURY HAS NOT FOUND THAT PLANTRONICS' BEHAVIOR IN THE MARKET PLACE WAS UNLAWFUL. .GN AUDIO WILL, UPON RECEIPT OF THE WRITTEN REASONS FOR THE JUDGMENT, DECIDE WHETHER OR NOT IT WILL APPEAL THE DECISION..THIS ANNOUNCEMENT DOES NOT CHANGE THE FINANCIAL GUIDANCE FOR 2017. ​.  Full Article

GN Audio acquires VXI Corp
Thursday, 13 Oct 2016 

Gn Store Nord A/S :Owner of Jabra GN Audio says it has acquired VXI Corporation, headset manufacturer of both VXI and Blueparrott brands.  Full Article

GN Store Nord: GN Audio acquires VXi Corporation
Thursday, 13 Oct 2016 

GN Store Nord A/S : Has acquired VXi Corporation . Purchase price is $35 million on a debt and cash free basis .Acquisition will not affect GN's financial guidance for 2016.  Full Article

GN Store Nord says it launches 2017-2019 strategy
Monday, 26 Sep 2016 

GN Store Nord : Says it launches company's 2017-2019 strategy . Says targets for GN Hearing 2017-2019 annual organic revenue growth of 6-8 percent . Says targets for GN Audio 2017-2019 annual organic revenue growth of 6-9 percent . Says that ownership of GN Otometrics is transferred from GN Hearing to Natus Medical . Says as part of the transfer of ownership of GN Otometrics, GN hearing and Natus have made strategic partnership on future technology, product development and commercialization . Says GN Hearing's EBITA guidance for 2016, excluding GN Otometrics, is updated to around DKK 1,100 million before transaction-related costs during the year . Says "upgrade and enhancements to commercial approach and an empowered performance-minded organization" . Says targets for GN Hearing 2017-2019 EBITA margin of 20-22 percent . Says targets for GN Audio 2017-2019 EBITA margin of 17-19 percent . Says the world's first complete digital ear scanning solution, Otoscan, will be fully commercialized by Natus with future royalties to GN Hearing .Says transaction-related costs for FY 2016 are estimated DKK 20 million related to the divestment of GN Otometrics and DKK 22 million related to the acquisition of Audigy Group.  Full Article

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Sivantos and Widex in $8 billion merger to create No.3 in hearing aids

COPENHAGEN/FRANKFURT Hearing aid makers Widex and Sivantos are merging to create an industry number three that can invest more in digital devices and step up the challenge to market leaders Sonova and William Demant.