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RPT-GN Store Nord Q1 lags forecast, keeps guidance
May 2, 2014 / 5:56 AM / 3 years ago

RPT-GN Store Nord Q1 lags forecast, keeps guidance

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COPENHAGEN, May 2 (Reuters) - Danish hearing aid and headset maker GN Store Nord reported a weaker-than-expected first-quarter earnings before interest, tax and amortisation (EBITA) on Friday.

Quarterly EBITA fell to 253 million Danish crowns ($47 million) from 258 million crowns a year earlier, below an average estimate of 273 million crowns in a Reuters poll. .

It kept its 2014 EBITA guidance of more than 1.33 billion crowns, and organic revenue growth of more than 8 percent.

$1 = 5.3830 Danish crowns Reporting by Stine Jacobsen; Editing by Matt Driskill

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