Profitability:
Divisional profit for Gaming rose to DKK 310m with an 11.6% margin in 2025, and SteelSeries delivered a 16.4% margin in Q4 2025 despite lower sales. This points to pricing and mix supporting earnings resilience.
Strong Market Position & Advantage:
Management describes market‑share gains in 2025 even as the peripherals market softened. A record Q4 2024 for SteelSeries underscores brand strength amid intense competition.
Future-Ready Strategy:
GN guides Gaming to return to growth in 2026 with 7%–13% expected organic revenue growth, predicated on a modestly improving market. New premium launches into 2026 are positioned to support that trajectory.
