Demant's Q1 organic sales growth beat lifts shares 9%

Demant A/S

06/05/2026 08:10

** Shares in Demant DEMANT.CO rise 9% after the Danish hearing aids maker reported higher-than-expected Q1 sales growth and kept its 2026 guidance

** Its group organic growth of 6% was driven by a 9% organic growth in its Hearing Aids business area, above the 4.3% consensus, says Jyske Bank

** "Demant has thus managed to gain market share, which testifies to an extremely successful launch of [hearing aid] Oticon Zeal," Jyske Bank analyst says in a note

** While the company kept its full-year guidance, Jyske Bank and Nordnet's Per Hansen see possibility of an upward revision later in the year, with the lower range end less likely

** The shares are up 9% at 0703 GMT, on track for best day in three years, if gains hold

 (Reporting by Vera Dvorakova)

 ((Vera.dvorakova@thomsonreuters.com))