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William Demant Holding A/S (WDH.CO)

WDH.CO on Copenhagen Stock Exchange

174.80DKK
11 Dec 2017
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kr.189.00
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kr.118.60

Latest Key Developments (Source: Significant Developments)

William Demant sees no U.S. market change from cheaper over-the-counter hearing aids
Monday, 14 Aug 2017 03:43am EDT 

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 04:31am EDT 

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 02:04am EDT 

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 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

BRIEF-William Demant fund raises stake in Vitrolife to 21.6 pct

* William Demants Og Hustru Ida Emilies Fond​ (Oticon fund) raises stake in Vitrolife AB to 21.6 percent