COPENHAGEN, Denmark, Nov. 20, 2002 (PRIMEZONE) -- GN (Other OTC:GGNDF) third quarter highlights:
Q3 revenues and EBIT figures reflect the rationalization measures completed, the lower rate of economic growth and the declining level of investments in the telecoms sector. Revenues were DKK 1,273 million; EBITA was (1,142) million, EBT was DKK (4,048) million and cash flows were DKK 58 million. Intangible assets in NetTest are impaired by DKK 2,938 million. Mobile sales up 50% in Q3. GN ReSound margin: 10.2%.
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