GN Store Nord stock fell 2.63 percent amid Q2 loss

Published on 10/03/2026 at 21:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

GN Store Nord stock reported DKK 110 million adjusted EBITA in Q2 2026 at a 5 percent margin. Gaming revenue reached DKK 630 million with 5 percent organic growth.

Aquarellbild eines Bürogebiets in Ballerup nahe Kopenhagen mit Radweg am Kanal — Aquarell von Ballerup, Sitz von GN Store Nord A/S (DK0010272632), zeigt Bürogebiet und Radweg, Illustration mit AI erstellt.

GN Store Nord stock (ISIN DK0010272632) was last at DKK 105.40 on Nasdaq Copenhagen on October 2, 2026 at 4:59 p.m. CEST, down 2.63 percent from DKK 108.25. The move comes as investors weigh a Q2 loss against improving margins and product launches planned for the second half of 2026.

Q2 loss meets improving margins

MarketBeat reported on September 28, 2026, that GN Store Nord posted quarterly EPS of negative USD 0.69 against consensus of negative USD 0.28, a miss of USD 0.41. Revenue reached USD 337.72 million versus consensus of USD 334.16 million.

In the Q2 2026 earnings call, Yahoo Finance reported adjusted EBITA of DKK 110 million and an adjusted EBITA margin of 5 percent. Gross profit was DKK 891 million, with gross margin at 57.2 percent compared with 56.1 percent in Q2 2025.

Gaming offsets enterprise pressure

The same Q2 call showed gaming revenue of DKK 630 million and organic growth of 5 percent. Enterprise organic revenue declined 7 percent, while continuing operations reported organic revenue growth of negative 4 percent, leaving the product rollout central to the recovery case.

GN said the Evolve3 65, 65 Flex and 45 were planned for launch in September 2026, with the refreshed portfolio designed to address 35 percent of enterprise business. The company also guided to a 9-10 percent adjusted EBITA margin for full-year 2026, supported partly by DKK 100 million-DKK 150 million of tariff refunds.

Analyst view and next date

Nasdaq reported that Jyske Bank upgraded GN Store Nord from Hold to Buy on September 23, 2026. Separately, Marketscreener listed an average analyst target of DKK 113.63 and an Outperform consensus on September 10, 2026.

The next interim report is scheduled for November 5, 2026, according to Affärsvärlden. That report will test whether the new product cycle can convert margin improvement into positive group growth.

Stock remains below yearly high

GN Store Nord was last at DKK 105.40 on Nasdaq Copenhagen on October 2, 2026 at 4:59 p.m. CEST. Its 52-week range was DKK 85.12 to DKK 123.75, while market capitalization stood at DKK 15.3 billion and volume reached 385,330 shares.