GN Store Nord A/S (CHIX:GNC) Research & Development : kr1,530 Mil (TTM As of Mar. 2024)

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What is GN Store Nord A/S Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. GN Store Nord A/S's Research & Development for the three months ended in Mar. 2024 was kr351 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was kr1,530 Mil.

GN Store Nord A/S Research & Development Historical Data

The historical data trend for GN Store Nord A/S's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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GN Store Nord A/S Research & Development Chart

GN Store Nord A/S Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

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981.00

1,149.00

1,389.00

1,405.00

1,546.00

GN Store Nord A/S Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Research & Development	Get a 7-Day Free Trial															367.00	370.00	335.00	474.00	351.00

GN Store Nord A/S Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr1,530 Mil.

GN Store Nord A/S (CHIX:GNc) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

GN Store Nord A/S Research & Development Related Terms

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GN Store Nord A/S (CHIX:GNC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » GN Store Nord A/S (CHIX:GNc) » Definitions » Research & Development

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GNNDY:USA GGNDF:USA 0K9P:UK GN:Denmark GNN:Germany

Address

Lautrupbjerg 7, Ballerup, DNK, 2750

Website

https://www.gn.com

GN Store Nord is a Danish company offering medical and audio solutions. The group consists of two businesses: audio (about 62% of sales) and hearing (38%). GN Hearing offers hearing aids, competing globally with Sonova, Demant, Starkey, and WS Audiology (previously Sivantos and Widex). GN Audio provides headsets and speakerphones to the enterprise market (contact centers and offices), as well as to the consumer market, and recently acquired SteelSeries in the gaming market. The company has positioned itself as one of the main players in the Unified Communication-enabled headsets market. The firm's premium brands are Resound in hearing and Jabra in headsets.

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