Brief: Demant Reports Q2 Organic Growth Of 9%, Upgrades Outlook
BRIEF-Demant Reports Q2 Organic Growth Of 9%, Upgrades Outlook Aug 12 (Reuters) - Demant A/S DEMANT.CO:
SAID ON TUESDAY Q2 REVENUE DKK 6.667 BLN
Q2 ORGANIC GROWTH 9%
H1 EBIT BEFORE SPECIAL ITEMS DKK 2.134 BLN
H1 EBIT MARGIN BEFORE SPECIAL ITEMS 16.5%
2026 EBIT BEFORE SPECIAL ITEMS OUTLOOK UPGRADED TO DKK 4.4 BLN-4.8 BLN FROM DKK 4.1 BLN-4.5 BLN
2026 ORGANIC GROWTH OUTLOOK UPGRADED TO 6-7% FROM 3-6%
NO LONGER EXPECTS TO SEE ANY ADDITIONAL IMPACT OF TARIFFS ON GROUP RELATIVE TO 2025 (PREVIOUSLY DKK -25 MILLION)
EXPECTS TO RECOGNISE REFUND IN H2 OF PREVIOUSLY PAID TARIFFS IN U.S.
EXPECTS EXCHANGE RATE IMPACT ON EBIT BEFORE SPECIAL ITEMS OF ABOUT DKK -125 MILLION (PREVIOUSLY DKK -200 MILLION) COMPARED TO 2025
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Further company coverage: DEMANT.CO
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