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Life-changing
hearing health

Through more than 115 years, our company has developed hearing health and from this platform, we have taken new steps into the broader area of audio.

  • oticon_relaxed_man_on_bicycle_adobestock_105748270

    Interim Report 2022

    In the first half-year of 2022, the Demant Group delivered revenue growth of 9% due to strong performances by Diagnostics and Hearing Aids and gained market share in a Hearing Aids market that grew less than expected. Outlook for 2022 has been adjusted. Read the company announcement and the Interim Report 2022 here. The Executive Management will host a teleconference at 2 p.m. (CET).


     
  • acquisition-of-shengwang

    Demant completes full acquisition of ShengWang

    On Tuesday 14 June 2022, Demant announced the acquisition of the remaining 80% of the shares in ShengWang, thereby taking full ownership of the leading network of hearing aid clinics in China. The investment represents a significant strategic transaction in Demant’s continuous journey within hearing healthcare. Read the company announcement here. 
  • oticon-medical-logo

    Demant intends to divest its Hearing Implants business

    Demant has negotiated an agreement with the intention to divest its Hearing Implants business, Oticon Medical, to Cochlear. The contemplated transaction follows a review of strategic options for the business area, including how to ensure the best lifelong support of existing patients - read the announcement. You will find a link to the recorded webcast and the presentation here.  
  • Revenue
  • 27%
  • 2021: DKK 18,418 million
  • 2020: DKK 14,469 million
  • Operating profit (EBIT)
  • 158%
  • 2021: DKK 3,386 million
  • 2020: DKK 1,313 million

Demant is the only company in the world that covers all areas of hearing healthcare, from hearing devices and hearing implants to diagnostic equipment and professional hearing care, and we harvest significant synergies from this unique position and expect to create new opportunities in the years to come.

 


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Demant is an impact business whose core purpose is to help people with hearing loss. Our reason to exist is fundamentally to create life-changing differences through hearing health to millions of people around the world. That is our core contribution to society. Alongside this, we work to continuously strengthen sustainability in our operational practices.