Demant A/S

Latest Results (25.09.2025):

Demant A/S has released its financial results for the first half of 2025, demonstrating a steady revenue growth of 2% compared to the same period in the previous year. However, the company faced a decline in operating profit and earnings per share, reflecting challenges in certain market segments and increased investments.

Revenue Growth

Demant A/S reported a revenue of DKK 11,253 million for H1 2025, marking a 2% increase from DKK 11,087 million in H1 2024. This growth was primarily driven by strong performance in Europe and strategic acquisitions in the Hearing Care sector.

Operating Profit Decline

The operating profit before special items decreased by 11% to DKK 1,849 million in H1 2025, down from DKK 2,068 million in the previous year. This decline was attributed to unfavorable market developments in North America and increased operational expenses.

Earnings Per Share

Earnings per share (EPS) for continuing operations decreased to DKK 5.28 in H1 2025 from DKK 5.47 in H1 2024, reflecting the downturn in operating profit and ongoing investments in growth initiatives.

Free Cash Flow

Free cash flow (FCF) saw a slight reduction to DKK 1,126 million in H1 2025 compared to DKK 1,157 million in H1 2024. This change is largely due to increased capital expenditures and strategic investments in property, plant, and equipment.

Profit After Tax

Profit after tax for continuing operations stood at DKK 1,130 million in H1 2025, down from DKK 1,354 million in H1 2024. This decrease highlights the impact of lower operating margins and higher financial costs.

Sustainability Initiatives

Demant A/S continued its commitment to sustainability with Scope 1 and 2 greenhouse gas emissions totaling 13,228 tonnes of CO2e in H1 2025. The company maintained a renewable electricity share of 55%, up from 38% in the previous year.