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William Demant Holding A/S (WDH.CO)

WDH.CO on Copenhagen Stock Exchange

229.20DKK
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kr.226.80
Volume
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544,326
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kr.258.00
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kr.155.80

Latest Key Developments (Source: Significant Developments)

William Demant Holding H2 EBIT At DKK 1.28 Billion
Thursday, 22 Feb 2018 

Feb 22 (Reuters) - William Demant ::REG-WILLIAM DEMANT HOLDING A/S: ANNUAL REPORT 2017.‍ORGANIC GROWTH OF 9% IN GROUP REVENUE​.‍HEARING AID WHOLESALE GENERATED ORGANIC GROWTH OF 11%​.‍CONSOLIDATED REVENUE FOR 2017 TOTALLED DKK 13,189 MILLION, MATCHING A GROWTH RATE OF 10%​.‍SAYS ALL THREE BUSINESS ACTIVITIES GAINED MARKET SHARE IN 2017​.‍IN 2018, WE ARE GUIDING FOR AN OPERATING PROFIT (EBIT) OF DKK 2,550-2,850 MILLION BEFORE RESTRUCTURING COSTS OF DKK 150 MILLION​.‍ORGANIC GROWTH RATES OF 8% IN HEARING DEVICES, 28% IN HEARING IMPLANTS AND 11% IN DIAGNOSTIC INSTRUMENTS​.‍IN 2018 EXPECT TO BUY BACK SHARES WORTH DKK 1.5-2.0 BILLION​.H2 REVENUE DKK 6.68‍​ BILLION (REUTERS DKK EUR 6.54 BILLION).H2 REVENUE DKK 6.68‍​ BILLION (REUTERS DKK 6.54 BILLION).H2 EBIT DKK 1.28 BILLION (REUTERS POLL DKK 1.21 BILLION).  Full Article

William Demant sees no U.S. market change from cheaper over-the-counter hearing aids
Monday, 14 Aug 2017 

Aug 14 (Reuters) - WILLIAM DEMANT CEO SOREN NIELSEN MADE FOLLOWING COMMENTS TO REUTERS IN AN INTERVIEW FOLLOWING THE DANISH HEARING AID MAKER'S SECOND-QUARTER RESULTS::CEO SAYS WILL START PRODUCING CHEAPER OVER-THE-COUNTER HEARING AIDS IF U.S. OTC MARKET DEVELOPS FOLLOWING PROPOSED LEGISLATION.CEO SAYS SEES NO SIGNIFICANT CHANGE TO U.S. MARKET IF NEW LEGISLATION ALLOWS SALE OF CHEAPER OVER-THE-COUNTER HEARING AIDS.EARLIER THIS MONTH, THE U.S. SENATE VOTED TO APPROVE THE FDA REAUTHORIZATION ACT WHICH AMONG OTHER THINGS PAVES THE WAY FOR OVER-THE-COUNTER (OTC) SALE OF HEARING AIDS nL5N1KQ24U.THE FIRM ‍INCREASED ITS GUIDANCE FOR 2017 AS IT REPORTED​ H1 ADJUSTED EBIT OF DKK ‍1.14 bln nFWN1L004Q.  Full Article

William Demant Holding: Canada Pension Plan Investment Board raises voting rights and share capital holding to 7.86 pct
Thursday, 27 Jul 2017 

July 27 (Reuters) - WILLIAM DEMANT HOLDING A/S :CANADA PENSION PLAN INVESTMENT BOARD ACQUIRED SHARES IN WILLIAM DEMANT HOLDING, RAISES ITS HOLDING OF VOTING RIGHTS AND SHARE CAPITAL TO 7.86%.HEREAFTER, CANADA PENSION PLAN INVESTMENT BOARD'S TOTAL VOTING RIGHTS IN WILLIAM DEMANT HOLDING A/S REPRESENTS 20,352,691 SHARES OF DKK 0.20 EACH.  Full Article

William Demant Holding maintains outlook for 2017
Tuesday, 9 May 2017 

May 9 (Reuters) - WILLIAM DEMANT HOLDING A/S :2017 OUTLOOK MAINTAINED - REALISING AN EBIT IN UPPER HALF OF RANGE MOST LIKELY.  Full Article

William Demant CEO expects 2017 retail acquisitions at 2016 level
Thursday, 23 Feb 2017 

William Demant : CEO Niels Jacobsen expects 2017 retail acquisitions at 2016 level (around DKK 350 million) . Doesn't rule out larger acquisition if opportunity arises. Further company coverage: [WDH.CO] (Reporting by Julie Astrid Thomsen) ((JulieAstrid.Thomsen@thomsonreuters.com;)).  Full Article

William Demant appoints Søren Nielsen new President & CEO
Thursday, 23 Feb 2017 

William Demant : Søren Nielsen new President & CEO . Niels B. Christiansen new Chairman of the Board . President & CEO Niels Jacobsen has decided to step down .Management changes will take effect on April 1, 2017.  Full Article

BRIEF-William Demant 2016 adj. EBIT DKK 2.13 billion, above estimates
Thursday, 23 Feb 2017 

William Demant : 2016 revenue 12.00 billion Danish crowns ($1.71 billion) versus 12.00 billion crowns seen in Reuters poll . 2016 EBIT adjusted 2.13 billion crowns (Reuters poll 2.07 billion crowns) . Says record-high EBIT of 2.13 billion crowns supported by strong finish to year . Says strong revenue growth of 13 pct driven by successful Oticon Opn and retail activities . Guides for 2017 EBIT in range of 2.2-2.5 billion crowns before announced restructuring costs of around 200 million crowns .Aims at target gearing multiple of 1.5-2.0 measured as net interest-bearing debt (NIBD) relative to EBITDA.  Full Article

William Demant H1 EBIT DKK 840 million, below estimates
Wednesday, 17 Aug 2016 

William Demant Holding A/S : H1 revenue 5.81 billion Danish crowns ($880.20 million) (Reuters poll 5.60 billion crowns) . H1 EBIT 840 million crowns (Reuters poll 914 million crowns) . Maintains expectations to realise an operating profit (EBIT) of 2.0-2.3 billion crowns before restructuring costs, which are expected to total 200 million crowns in 2016 .Maintains expectations to generate growth in all business activities.  Full Article

Sonova cautious on sales, profit targets for current year

ZURICH Sonova's sales growth for this fiscal year may be less than half its mid-term target, the world's biggest hearing aid maker said on Tuesday, partly because of the impact of U.S. disposals and restructuring.