Demant A/S (0RGT)

Profile

https://www.demant.com

Demant A/S is a Danish public company and world-leading hearing healthcare group, founded in 1904 and headquartered in Smørum, Denmark. It specializes in developing, manufacturing, and distributing innovative hearing aids, diagnostic equipment, and personalized hearing care services to help people with hearing loss connect and communicate effectively. The company operates through three core business areas: Hearing Aids, featuring brands like Oticon, Bernafon, and Philips Hearing Solutions; Hearing Care, with a global retail network of over 2,600 clinics under brands such as Audika, HearingLife, and Hidden Hearing across more than 20 countries; and Diagnostics, holding market leadership in hearing and balance assessment tools for audiologists and ENT professionals via brands including Interacoustics and Grason-Stadler. Employing over 22,000 people worldwide, Demant serves customers in 130+ countries, generating approximately $3.25 billion in revenue in 2024 through its integrated approach spanning R&D, manufacturing, and retail in the growing hearing healthcare market valued at around $28 billion annually. Recent strategic moves include acquisitions like Germany's KIND Group in 2025 and divestment of non-core businesses to sharpen focus on hearing health innovation.