GN Store Nord A/S/€GN

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About GN Store Nord A/S

GN Store Nord A/S is a Denmark-based company specializing in audio solutions and hearing aid technologies, operating primarily within two segments: GN Hearing and GN Audio. Founded in 1869, it has a long history in telecommunications and hearing instruments. GN Hearing focuses on developing innovative hearing aids and accessories, while GN Audio provides headsets and communication solutions for professionals and consumers. The company is headquartered in Ballerup, Denmark, and has a significant global presence, leveraging advanced technology to meet consumer needs. GN Store Nord's competitive strength lies in its strong R&D capabilities and its ability to integrate audio technologies across diverse applications.

Ticker

€GN

Primary listing

XGAT

Employees

7,407

Headquarters

Ballerup, Denmark
Website

GN Metrics

BasicAdvanced
€2.2B
18.91
€0.80
1.56
-

Bulls say / Bears say

GN delivered DKK 18.0 billion in 2024 revenue with 1% organic growth, a 12% EBITA margin and DKK 1.1 billion in free cash flow (ex-M&A), demonstrating robust profitability and cash generation capabilities (GN Annual Report).
In September 2025, GN secured a EUR 1 billion term loan and a EUR 500 million revolving credit facility on improved terms and lower interest rates, enhancing liquidity and reducing funding costs through 2028—with extension options to 2030 (GN News).
GN unveiled major product innovations in February 2025—including the AI-powered ReSound Vivia™, the industry’s smallest Receiver-in-Ear hearing aid, and the Jabra PanaCast 40 VBS, the first 180° Android-powered video bar—reinforcing its technology leadership in hearing and enterprise solutions (GN News).
Only 1% organic group revenue growth in 2024—with the Enterprise division down 3% and Gaming & Consumer down 31% excluding wind-down—suggests limited topline momentum outside the core Hearing segment (GN Annual Report).
Adjusted leverage stood at 3.5x by end-2024, indicating high debt relative to earnings and potential stress on interest coverage if profitability underperforms despite recent refinancing (GN Annual Report).
The Enterprise division reported a 2% organic revenue decline in Q4 2024—driven by a significant drop in speakerphone sales—highlighting exposure to slow recovery in office communication hardware markets (GN Annual Report).
Data summarised monthly by Lightyear AI. Last updated on 1 Nov 2025.
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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