The GN Store Nord investment case

Through relentless execution of our Strategy: INNOVATION & GROWTH, we create shareholder value based on our core competency within sound processing

GN ReSound

  • Leader in customer-driven innovations based on differentiated
       wireless 2.4 GHz technology
  • Focused business model – dedicated wholesalemanufacturer
       refraining from vertical integration
  • Attractive market growth driven by sustainablemegatrends in a
       consolidated industry with attractive profit margins
  • Profitability in line with the best manufacturers in the industry

GN Netcom

  • The world’s largest supplier of Unified Communications headsets
       driven by customer-focused commercialization of a state-of-the-art
       product portfolio
  • Double digit mid- to long-term market growth driven by sustainable
       market trends
  • The core business operates in a consolidated industry with high
       barriers to entry
  • Attractive operating margin and return on invested capital