GN scales back divestment efforts after improving cash flow

Divestment of DKK 1-2bn is part of the plan to reduce GN’s sky-high debt, it was announced in May, but a positive development in the company’s cash flow makes the exercise less urgent.

Søren Jelert, CFO of GN Hearing | Photo: Alk

by ALBERT RØNNING-ANDERSSON

GN’s new CFO, Søren Jelert, who joined the company this summer from ALK, is less busy divesting non-strategic assets than first thought.

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