Demant A/S - Company Profile

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Demant A/S (Demant) is a medical equipment company that provides hearing healthcare solutions. It develops, manufactures, and distributes products designed to aid people with hearing loss. The company has an extensive product portfolio, which includes hearing aids and fitting systems, hearing implants, audiometers, tympanometers, wireless sound systems, assistive listening devices, sound field systems, and sound systems for larger premises. Demant markets its products through its retail chain, direct sales force, e-commerce channels, as well as third-party distributors. The company and its subsidiaries have operations in Europe, North America, Oceania, and Asia-Pacific. Demant is headquartered in Smoerum, Denmark.

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Headquarters Denmark

Address Kongebakken 9, Smoerum, 2765


Telephone 45 39 177300

No of Employees 21,623

Industry Medical Equipment

Ticker Symbol & Exchange DEMANT (CPH)

Revenue (2022) $3.3B 13.9% (2022 vs 2021)

EPS XYZ

Net Income (2022) XYZ -13.8% (2022 vs 2021)

Market Cap* $9.9B

Net Profit Margin (2022) XYZ -24.3% (2022 vs 2021)

* As of and is in US$
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Demant A/S premium industry data and analytics

40+

Medical Clinical Trials

A database of clinical trials planned, currently ongoing, completed, suspended, withdrawn, and terminated in countries around the world.

4

Medical Pipeline Products

A database of medical devices that are in the process to get approved for sale around the world. Devices that are in development, through to those in the approval process are included.

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Demant A/S’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Brands
Hearing Aids: Oticon
BTE (Behind-the-Ear) Hearing Solutions Bernafon
Completely-in-the-Canal (CIC) Instruments Philips
XYZ XYZ
XYZ XYZ
XYZ XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2022 Contracts/Agreements In August, the company’s Diagnostics R&D and Global IT joined forces to establish a new centre in Kuala Lumpur.
2022 Acquisitions/Mergers/Takeovers In June, the company completed the acquisition of Sheng Wang, the Chinese hearing care retail chain.
2022 Acquisitions/Mergers/Takeovers In June, the company announced the acquisition of the remaining 80% stake in ShengWang.
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Competitor Comparison

Key Parameters Demant A/S Sonova Holding AG Amplifon SpA GN Hearing AS Starkey Hearing Technologies Inc
Headquarters Denmark Switzerland Italy Denmark United States of America
City Smoerum Staefa Milano Ballerup Eden Prairie
State/Province - - - - Minnesota
No. of Employees 21,623 17,608 13,195 - -
Entity Type Public Public Public Private Private
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Executives
Name Position Board Since Age
Niels B. Christiansen Chairman Executive Board 2017 58
Soren Nielsen President; Chief Executive Officer Executive Board 2017 53
Rene Schneider Chief Financial Officer; President - Diagnostics Senior Management 2015 51
Niels Jacobsen Vice Chairman; Chief Executive Officer - William Demant Invest A/S Executive Board 2017 66
Niels Wagner President - Hearing Care Executive Board 1996 53
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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