GN Retailer Nord A/S (OTCPK:GGNDF) This autumn 2023 Earnings Convention Name February 8, 2024 5:00 AM ET
Firm Members
Rune Sandager – Head of Investor Relations
Peter Karlstromer – Group Chief Govt Officer
Soren Jelert – Group Chief Monetary Officer
Convention Name Members
Martin Brenoe – Nordea
Martin Parkhoi – SEB
Robert Davies – Morgan Stanley
Hugo Solvet – BNP Paribas
Maja Pataki – Kepler Cheuvreux
Veronika Dubajova – Citi
Julien Ouaddour – Financial institution of America
Niels Leth – Carnegie
Christian Ryom – Danske Financial institution
Susannah Ludwig – Bernstein
Rune Sandager
Good day, and welcome to GN’s full 12 months 2023 Convention Name. Taking part on the decision immediately is Group CEO, Peter Karlstromer, Group CFO, Soren Jelert, and myself, Rune Sandager, Head of Investor Relations.
At this time’s presentation is anticipated to final about 20 minutes, after which we’ll flip to the Q&A session. You will discover the presentation uploaded on gn.com. In the course of the presentation, Peter will present an replace on the group efficiency for the 12 months, after which Soren will present a deep dive on the important thing financials and steerage for 2024 and with that temporary introduction, I am completely satisfied handy over to Peter and the group highlights.
Peter Karlstromer
Thanks, Rune. Beginning on Slide 4. I am completely satisfied to say that we now have been delivering very nicely because of sturdy to execution throughout our enterprise actions and performance. In GN Listening to, we gained vital market share resulting in 13% natural progress, pushed by the very profitable latest OMNIA portfolio and the early uptake from latest Nexia, which I’ll get again to later.
In audio, we executed nicely in stabilizing markets and delivered a adverse 8% natural progress We’ve efficiently maintained our market main place in enterprise and all year long gained vital market share with SteelSeries. On a bunch stage, we reached 10% adjusted EBITDA margin