GN Store Nord A/S (OTCPK:GGNDF) Q2 2025 Earnings Conference Call August 21, 2025 5:00 AM ET
Company Participants
Peter Karlstromer – Chief Executive Officer
Rune Sandager – Head of Investor Relations
Soren Jelert – Chief Financial Officer
Conference Call Participants
Andjela Bozinovic – BNP Paribas Exane, Research Division
Carsten Lønborg Madsen – Danske Bank A/S, Research Division
Hassan Al-Wakeel – Barclays Bank PLC, Research Division
Maja Pataki – Kepler Cheuvreux, Research Division
Martin Brenoe – Nordea Markets, Research Division
Martin Parkhoi – SEB, Research Division
Martinien Rula – Jefferies LLC, Research Division
Niels Granholm-Leth – Carnegie Investment Bank AB, Research Division
Susannah Ludwig – Sanford C. Bernstein & Co., LLC., Research Division
Veronika Dubajova – Citigroup Inc., Research Division
Rune Sandager
Hello, everyone, and welcome to GN’s conference call in relation to our Q2 report announced this morning. Participating in today’s call is Group CEO, Peter Karlstromer; Group CFO, Soren Jelert; and myself, Rune Sandager, Head of Investor Relations.
The presentation is expected to last about 20 minutes, after which we will turn to the Q&A session. The presentation is already uploaded on gn.com. And with that, I’m happy to hand over to Peter for some opening remarks.
Peter Karlstromer
Thank you, Rune, and thank you all for joining us today. In Q2, we executed well and successfully navigated a challenged market environment with uncertain trade policies. We controlled our revenue and margin and have set us up for successfully for delivering on our year in line with our guidance. Importantly, we also executed significant changes in our supply chain that will support the margin expansion towards our strategic ambitions.
In Hearing, the launch of ReSound Vivia is progressing well. With the help of Vivia’s strong value proposition and our strong market execution, we gained market share and grew 8% organically. We are very pleased
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