EARNINGS/SALES RELEASESGN reported decent Q4 results. Healthy growth in Hearing was offset by a soft performance in Audio. Interestingly, investors were pleased with the better-than-expected 2024.
Stocks in the Nordic region declined Tuesday, with the OMX Nordic 40 Index declining 0.1%. GN Store Nord A/S posted the largest decline during the session, declining 6.3%, followed by Alleima. -January 23, 2024 at 12:53 pm EST
- MarketScreener
Nordic Shares Dropped Tuesday; GN Store Nord Took Biggest Hit morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.
OPINION CHANGECHANGE IN OPINIONAdd vs BuyCHANGE IN TARGET PRICEDKK 225 vs 233 -3.15%Despite our near-term earnings downgrade, our target price continues to point to healthy upside of c.24% on GN Store.