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Thursday5 October 2023

Thursday5 October 2023

Foto: Ws Audiology / Pr

WS Audiology hires new chief technology officer from car manufacturer

He succeeds chief research & development officer Stefan Menzl, who is stepping down after six years.

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Foto: Gn Hearing / Pr

Analyst: Only natural for new GN CEO to form his own team

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GN Chief Executive Peter Karlströmer. | Foto: Pr

GN sets new management team after merger and launches new division

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Foto: Gn / Pr

New GN platform completes ten years of connectivity work

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Foto: Gn / Pr

GN launches new product platform

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Foto: Gn/pr

GN secures credit facilities of additional DKK 3.4bn

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Jyske Bank questions Demant's continued momentum
With increasing competition in the hearing aid market, Jyske Bank analyst Janne Vincent Kjær does not expect Demant to continue its strong momentum into 2024.
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Survey: Few Americans have purchased over-the-counter hearings aids
Only 2% of Americans surveyed in the study have purchased over-the-counter hearing aids.
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GN completes divestment of Portuguese business and collects DKK 500m
Belaudição has been sold to MCH Private Equity.
Sonova and Demant slightly increased market share with US veterans in August
GN Hearing declined for the second month in a row.
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Large shareholder welcomes the merger in GN
GN announced on Monday last week that the two divisions Hearing and Audio will be merged into one company.
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GN appoints a new General Counsel
The change has nothing to do with the merging divisions Audio and Hearing, the company tells MedWatch.
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President of North American operations to lead GN Hearing from October
The future head of GN Hearing will report to Peter Karlströmer, who will become Group CEO in October.
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WS Audiology has no plans of merging product platforms
Hearing health group WS Audiology continues to see benefits in having a product platform under both Signia and Widex brands. Analysts also see benefits.
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GN merger pipelined long before change of chairman
The merger has been discussed for years – even while Per Wold-Olsen was in the chair.
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GN chairman reassures on company's future on top of management change
The board of GN is convinced that keeping the company together creates more value for shareholders.
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Chairman praised successful turnaround in GN Hearing despite financial decline
GN Hearing is in no better place financially today than it was in 2019.
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Departing CEO on leaving GN: My own decision
There have been talks between Gitte Aabo, CEO of GN, and the board of directors of the audio group for a long time about a possible stop, according to the former.
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GN: Merger of Hearing and Audio divisions will boost innovation
The products in GN’s two divisions are becoming more and more similar, says Chairman of the Board Jukka Pertola.
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WSA: Veterans Affairs market share to rise with launch of new Signia platform
WS Audiology had a 6.1% market share with american war vetarans in July.
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WS Audiology launches new platform and top products
New product platform under the Signia brand builds on known technology that WSA believes sets them apart from the competition.
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Gitte Aabo leaves GN after merger of Hearing and Audio divisions
GN is reorganizing its business structure and putting a new CEO in charge of the company, which will operate as one company in the future.
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Per Wold-Olsen on 15 years as chairman of GN: "A very positive, rewarding journey"
When Per Wold-Olsen became chair of GN Group in 2008, it was not a given that the company would survive, according to the man himself. In March, he stepped down after 15 eventful years as chairman.
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Discontinuation of gaming business leaves 40 Demant employees jobless
Demant employees in Denmark and abroad will have to find new jobs after the hearing and audio group has decided to wind down its gaming business in the Communications segment.
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WSA chief exec no longer fears OTC cannibalization
Previous fears among hearing aid manufacturers that over-the-counter (OTC) sales would drive customers away from other sales channels were unfounded, according to Eric Bernard, CEO of WSA.
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WS Audiology announces new product platform "coming soon"
A new top product from hearing health group WS Audiology is just around the corner, according to CEO.
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