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William Demant Holding A/S (WDH.CO)

WDH.CO on Copenhagen Stock Exchange

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Latest Key Developments (Source: Significant Developments)

William Demant Holding maintains outlook for 2017
Tuesday, 9 May 2017 02:04am EDT 


William Demant CEO expects 2017 retail acquisitions at 2016 level
Thursday, 23 Feb 2017 03:34am EST 

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 02:09am EST 

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 01:54am EST 

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 02:31am EDT 

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

William Demant maintains 2016 guidance after Q1
Tuesday, 10 May 2016 02:17am EDT 

Danish hearing aid maker William Demant : Says realised growth in all business activities in the first quarter . Says still expects EBIT of 2.0-2.3 billion Danish crowns ($306-352 million) in 2016 . Says hearing aid wholesale business delivered strong unit growth above market unit growth rate .Says EBIT for year will be skewed further than normal towards second half of year due to launch of Opn hearing aid in June.  Full Article

William Demant says Oticon ready with landmark product introduction
Thursday, 14 Apr 2016 01:00am EDT 

William Demant Holding A/S:Says at the annual audiology congress AudiologyNOW! taking place in Phoenix, Arizona, USA, from 14 to 16 April 2016, Oticon will be presenting the full details on the previously announced product introduction.Says it is a landmark product introduction from Oticon.Oticon Opn will be available in shops from the end of the second quarter 2016.Says financial impact of Oticon Opn launch has already been included in guidance for 2016 as communicated.  Full Article

William Demant keeps FY 2015 guidance unchanged
Thursday, 12 Nov 2015 02:30am EST 

William Demant Holding A/S:Keeps FY 2015 guidance unchanged.Expects FY 2015 EBIT of 1.8-2.0 billion Danish crowns.FY 2015 EBIT of 1.95 billion crowns - Thomson Reuters I/B/E/S.  Full Article

William Demant reaches 94.53 pct in Audika at end of tender period
Friday, 6 Nov 2015 07:11am EST 

William Demant Holding A/S:Has acquired 2,529,947 shares in Audika during the tender period that expired on Nov. 5.Upon closing of the offer, William Demant holds 8,933,269 shares in Audika, representing 94.53 pct of the share capital and 94.52 pct of the voting rights in Audika.Says will continue to acquire Audika shares.In the event that it subsequently comes to hold more than 95 pct of the voting rights in Audika, to file with the AMF a draft public buy-back offer to be followed by a squeeze-out.  Full Article

William Demant files mandatory tender offer for Audika
Wednesday, 30 Sep 2015 09:05am EDT 

William Demant Holding A/S:Says has filed a simplified, mandatory draft public offer with French Financial Markets Authority regarding remaining 46.1 percent of share capital in Audika Group.  Full Article

More From Around the Web

BRIEF-William Demant Holding maintains outlook for 2017

* 2017 OUTLOOK MAINTAINED - REALISING AN EBIT IN UPPER HALF OF RANGE MOST LIKELY Source text for Eikon: Further company coverage: (Gdynia Newsroom)