GN Store Nord lifts profit on stronger sales, cost cuts

COPENHAGEN Fri May 3, 2013 2:11am EDT

COPENHAGEN May 3 (Reuters) - Danish hearing aid and headset maker GN Store Nord kept its full-year 2013 guidance unchanged on Friday after a more than 50 percent rise in first quarter operating profit.

The result was aided by cost cuts and stronger sales.

The company said it still saw organic revenue growth of 9-12 percent this year and and EBITA improvement of 40 to 50 percent compared with 2012. (Reporting by Copenhagen Newsroom; Editing by David Cowell)

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