MedWatch

Bank says Demant prognosis probably affected by component shortages

Uncertainties about the lack of components and transportation as well as increased investments are contributing factors dampening the profit outlook for Demant’s 2022, says analyst at Danish bank Sydbank.

Photo: Demant / PR

Demant has released its expectations for 2022, including an organic growth of 5–9 percent and an EBIT result of DKK 3.4–3.7bn (USD 521–567m), in connection with the full-year financial figures for 2021 on Tuesday.

While the growth calculation hit the bullseye of analysts’ estimation, their expected EBIT result is a lot higher than even the midpoint of Demant’s interval.

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