- (PLX AI) - GN Store Nord is likely to post significant organic growth as a group, but the performance of the Hearing division itself is a question mark, analysts said before earnings due on Thursday.
- • GN is facing exceptionally weak comparisons in Hearing and strong ones in Audio, Bank of America said
- • GN is attractive because of structurally strong growth in Audio, but short-term it's impossible to predict how the shares will react on earnings day, BofA said (buy, DKK 648)
- • Investor sentiment may be downbeat before the earnings after peers reported fading momentum in the headset market, SEB said (buy, DKK 600)
- • GN trades at a discount to Demant and Sonova, and could close the gap if the Hearing division can show sustainable improvement: SEB
- • The group may show organic growth of 58%, driven mainly by the Audio division, where the growth potential remains under-appreciated, Nordea said (buy, DKK 740)
- • The Hearing unit may continue to underperform the underlying market, but we hope to see signs of improvement in channels such as Costco, Danske said (buy, DKK 625)