GN Store Nord A/S announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2018. For the quarter, the company reported revenue of DKK 2,564 million compared to DKK 2,393 million a year ago. EBITA was DKK 452 million compared to DKK 386 million a year ago. Operating profit was DKK 415 million compared to DKK 346 million a year ago. Profit before tax was DKK 366 million compared to DKK 346 million a year ago. Profit for the period from continuing operations was DKK 284 million compared to DKK 268 million a year ago. Profit for the period was DKK 284 million compared to DKK 265 million a year ago. Earnings per share, fully diluted was DKK 2.09 compared to DKK 1.89 a yea ago. Cash flow from operating activities was DKK 640 million compared to DKK 538 million a year ago. Investments in other intangible assets, net was DKK 34 million compared to DKK 44 million a year ago. Investments in property, plant and equipment, net was DKK 37 million compared to DKK 30 million a year ago.

For the six months, the company reported revenue of DKK 4,860 million compared to DKK 4,626 million a year ago. EBITA was DKK 806 million compared to DKK 706 million a year ago. Operating profit was DKK 731 million compared to DKK 632 million a year ago. Profit before tax was DKK 640 million compared to DKK 601 million a year ago. Profit for the period from continuing operations was DKK 497 million compared to DKK 467 million a year ago. Profit for the period was DKK 497 million compared to DKK 536 million a year ago. Earnings per share, fully diluted was DKK 3.65 compared to DKK 3.80 a yea ago. Cash flow from operating activities was DKK 1,022 million compared to DKK 816 million a year ago. Investments in other intangible assets, net was DKK 50 million compared to DKK 80 million a year ago. Investments in property, plant and equipment, net was DKK 76 million compared to DKK 52 million a year ago.

For the year 2018, the company expects EBITA margin guidance of more than 18%. Company have an effective tax rate on the guidance of around 22%.