Niels Granholm-Leth's questions to GNNDY leadership • Q2 2024
Question
Asked about future divestment plans, the outlook for net working capital release in H2, and specifics regarding the recent retail divestment.
Answer
The company will continue its strategy of opportunistic, non-core divestments but is not in a rush. They expect a positive net working capital impact for the full year, driven by improvements in H2, including benefits from the consumer wind-down. Details on the wholesale agreement with the divested retail business were not provided.