Negative impact on Demant from Russia's war won't get any worse, says CEO
The hearing aid manufacturer has already written off its activities in Russia, which is why the ongoing conflict won’t end up affecting the company more than the DKK 100m (USD 14m) negative impact it has already accounted for.
by marketwire, translated by daniel pedersen
Demant has put a figure on how much it expects to be affected by Russia’s invasion of Ukraine, and the subsequent effects of war, in 2022 -- a negative impact of DKK 100m (USD 14m) on the firm’s operating result.
Already a subscriber?Log in here
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
Demant's Q1 results met with neutral response from analyst
For subscribers
Bank says not to expect surprises in Demant's Q1 report
For subscribers
.jpg&w=384&q=75)
