While growth momentum accelerated in Audio, Hearing lost pace in Q4. Nevertheless, both the segments achieved their financial targets for FY19. Management has guided for >10% organic growth p.a. for the mid-term – both Audio and Hearing are expected to outgrow the market on the back of the new strategy focused on innovation, commercial execution and individualised customer experiences. However, considering that investments to tap these future growth opportunities would be high, margi
07 Feb 2020
Audio grows louder in Q4; FY20 guidance encouraging
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Audio grows louder in Q4; FY20 guidance encouraging
GN Store Nord A/S (GNSN:WBO) | 0 0 1.4% | Mkt Cap: 30,783m
- Published:
07 Feb 2020 -
Author:
Sumit Sayal -
Pages:
3
While growth momentum accelerated in Audio, Hearing lost pace in Q4. Nevertheless, both the segments achieved their financial targets for FY19. Management has guided for >10% organic growth p.a. for the mid-term – both Audio and Hearing are expected to outgrow the market on the back of the new strategy focused on innovation, commercial execution and individualised customer experiences. However, considering that investments to tap these future growth opportunities would be high, margi