French reforms and US vaccinations benefit Demant in corona-struck times

Demant's Tuesday upgrade was highly driven by the French market but the firm has also advanced in the rest of the world, and the hearing aid firm's CEO Søren Nielsen is confident that Demant will be able to keep up the pace for the rest of the year.

Demant President & CEO Søren Nielsen | Photo: Kenneth Lysbjerg Koustrup/ERH

Demant has raised its guidance for 2021 based on looking back on the first three months, rather than ahead to the next nine, says Søren Nielsen, CEO of Demant, to MedWatch.

“We are right on track, if not a little ahead of schedule, and that of course gives us reason to believe that our plans for the rest of the year are intact and realistic. Raising our expectations for the year is therefore primarily related to the time that has passed and not a change in terms of what lies ahead of us,” he says.

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