Analyst identifies difficult growth conditions for Demant ahead of Q2 report

Several factors will have hampered growth conditions for the Danish hearing aid manufacturer in recent months, a Jyske Bank analyst points out.

Photo: Demant / PR

A more difficult basis for comparisons alongside Covid-19 lockdowns, primarily in China, have made conditions more difficult for Demant, according to Jyske Bank analyst Janne Vincent Kjær prior to the release of the company’s second quarterly report.

These factors has made for a tougher second quarter than the year’s first three months, which is reflected in the analyst consensus estimate for the Danish hearing aid manufacturer that has dropped several times over the summer.

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