MedWatch

Investors asked Demant for more transparency – now they have it

When the geopolitical climate heats up, uncertainty grows, including on the hearing aid market. To reassure Demant’s investors, CEO Søren Nielsen has decided to start releasing quarterly reports, starting today.

Søren Nielsen, CEO of Demant | Photo: Kenneth Lysbjerg Koustrup/ERH

GN Group is doing it. WS Audiology has just started it. Now, Demant wants to join the party.

From today onwards, hearing aid manufacturer Demant will be reporting its financial results on a quarterly basis. Specifically, the firm will publicize revenue and growth figures for respective business areas, in addition to the firm’s performance at a group level.

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