Demant expects medium to long-term revenue growth of 7-10 percent

Prior to the company's capital markets day, the hearing aid group Demant unveils management's medium and long-term visions.

Photo: Demant / PR

Demant is waiting for pent-up hearing aid demand to support unit sales on the hearing aid market in the coming years. The hearing aid manufacturer is also expecting to generate an annual revenue growth of 7-10 percent in the medium and long term, the company writes in a statement just prior to its capital markets day on Monday.

Organic growth is further estimated to increase by 6-8 percent in the same period, supplemented by 1-2 percent coming from acquisitions.

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