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.

BY MARKETWIRE, TRANSLATED BY DANIEL PEDERSEN

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.

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Former Demant Executive Vice President Arne Boye Nielsen was found responsible for creating an "unsafe psychological work environment" in an internal legal investigation. | Foto: Demant / Pr

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