Business Services Industry

GN Store Nord A/S posts Q2 pre-tax result of DKK215m

Nordic Business Report, August 18, 2005

NORDIC BUSINESS REPORT-18 August 2005-GN Store Nord A/S posts Q2 pre-tax result of DKK215m(C)1994-2005 M2 COMMUNICATIONS LTD http://www.m2.com

The Danish hearing, sound and communication technology company GN Store Nord A/S published on Thursday (18 August) its interim report for the second quarter, posting a pre-tax result of DKK215m, as compared to DKK152m in the second quarter of 2004.

EBITA amounted to DKK223m, up from DKK204m a year ago.

Revenues improved from DKK1,383m in the second quarter of 2004 to DKK1,630m in the second quarter of this year.

GN Store Nord also upgraded its full-year forecast to an EBITA of DKK850-900m on revenues of DKK6.5bn.

One Danish krone (DKK) is worth approximately 0.09 British pounds (GBP).

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