- (PLX AI) - GN Store Nord cuts financial guidance for 2021, with EPS growth now at more than 50% instead of more than 60%.
- • GN Hearing organic revenue growth guidance for 2021 is revised from more than 25% to around 16%
- • GN Hearing EBITA margin guidance for 2021 is revised from more than 16% to more than 12%
- • GN Hearing preliminary Q3 2021 revenue is DKK 1,346 million corresponding to an organic revenue growth of 4%
- • GN financial guidance for GN Audio division is unchanged
- • GN Store Nord says Hearing is currently experiencing delays in product development deliverables leading to postponement of key product launches planned for H2
- • Says these delays cannot be mitigated
- • GN Hearing has decided to initiate a transformation of R&D -- leadership has been changed with appointing Dr Günther Pausch as head of R&D
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