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GN Store Nord A/S (WBO:GNSN) Pretax Margin % : 7.97% (As of Mar. 2024)


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What is GN Store Nord A/S Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. GN Store Nord A/S's Pre-Tax Income for the three months ended in Mar. 2024 was €46 Mil. GN Store Nord A/S's Revenue for the three months ended in Mar. 2024 was €577 Mil. Therefore, GN Store Nord A/S's pretax margin for the quarter that ended in Mar. 2024 was 7.97%.

The historical rank and industry rank for GN Store Nord A/S's Pretax Margin % or its related term are showing as below:

WBO:GNSN' s Pretax Margin % Range Over the Past 10 Years
Min: 1.89   Med: 14.77   Max: 16.13
Current: 4.08


WBO:GNSN's Pretax Margin % is ranked better than
57.16% of 817 companies
in the Medical Devices & Instruments industry
Industry Median: 0.01 vs WBO:GNSN: 4.08

GN Store Nord A/S Pretax Margin % Historical Data

The historical data trend for GN Store Nord A/S's Pretax Margin % 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.

* Premium members only.

GN Store Nord A/S Pretax Margin % Chart

GN Store Nord A/S Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.21 11.99 14.40 3.88 1.89

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
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.33 1.27 6.64 0.95 7.97

Competitive Comparison of GN Store Nord A/S's Pretax Margin %

For the Medical Devices subindustry, GN Store Nord A/S's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


GN Store Nord A/S's Pretax Margin % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, GN Store Nord A/S's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where GN Store Nord A/S's Pretax Margin % falls into.



GN Store Nord A/S Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

GN Store Nord A/S's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=46.019/2431.094
=1.89 %

GN Store Nord A/S's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=46.001/577.096
=7.97 %

* 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.


GN Store Nord A/S  (WBO:GNSN) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


GN Store Nord A/S Pretax Margin % Related Terms

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GN Store Nord A/S (WBO:GNSN) Business Description

Address
Lautrupbjerg 7, Ballerup, DNK, 2750
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.

GN Store Nord A/S (WBO:GNSN) Headlines

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