GN Moves to “One Company” Governance Structure; Appoints New Group CEO
The GN Group announced its board of directors has executed the next step of integration and transition into a one-company setup.
Tag: GN
All
Latest
All
Latest
GN Hearing to Delay Key 2021 Product Launches, Restructure R&D
GN Hearing, the parent company of ReSound and Beltone, announced in a profit warning that it is experiencing delays in product development deliverables leading to postponement of key product launches planned for H2 2021. The company has decided to initiate a transformation of R&D with the objective to increase quality, predictability of delivery times, and R&D efficiency.
All
Latest
GN Reports Strong 3rd Quarter Powered by Headset Division
Driven by 20% organic revenue growth in its headset division, GN issued its third quarter corporate report which showed 12% organic revenue growth and an EBITA margin increased to 18.0%. GN’s earnings per share increased by 10% compared to the same period last year.
GN Reports Solid Organic Revenue Growth for Q3; Concludes Financial Fraud Investigation of Beltone
GN reports that full year organic growth and EBITA guidance are maintained for GN ReSound and GN Netcom, with growth likely ending in the low end of the 3%-5% organic growth range. The investigation regarding the accounting fraud committed by the former VP of Finance at Beltone has now been finalized, and confirms what was communicated in the Interim Report Q2 2015. Teleconference scheduled for today (Oct. 30) at 2:00 PM CET.
Read More
Blog: GN vs WDH Latest Patent War Involves Datalogging in Germany
News about a new patent lawsuit in Germany between GN and WDH concerning datalogging, and a perspective on the recent patent war between the two companies.
Read More
Todd Murray Resigns from GN and Beltone
Todd Murray, a well-respected and long-time leader in the hearing industry, has decided to resign from his position as president of Beltone and GN North America senior vice president. GN says it respects his decision and wishes him the best in his future endeavors.
Read More
WDH & GN Post First-Half Results; Cool Reaction from Investment Community
William Demant Holding and GN Store Nord increased their market share, posted what might be viewed within the industry as impressive gains, and confirmed their financial guidance; however, the financial community had expected more and gave the results a cool reception.
Read More
An Independent Practice’s Guide to Battling Big Box Retail and Commoditization in Hearing Healthcare
Audiologist Gyl Kasewurm, AuD, says she is convinced independents can and will survive in the era of big box stores in the hearing healthcare market. Her opinion article in the July 2014 Hearing Review explains why.
Read More