Demant falls as 2025 margin outlook disappoints

Demant A/S

05/02/2025 09:31

** Shares in Demant  DEMANT.CO  fall 5.6% as the Danish
hearing aid maker's 2025 forecast implies a cautious margin view
    ** Demant sees 2025 EBIT at DKK 4.5-4.9 billion, which
Jefferies analysts say translates into margin of 18.9% to 19.9%
    ** "Cautious 2025 margin outlook may disappoint," Jefferies
says, noting consensus for the metric stands at 19.9%
    ** Jefferies also sees "unexciting 2025 prospects" with no
new product launches from the company
    ** Demant posted Q4 sales of DKK 5.93 billion ($827.57
million), broadly in line with a consensus of DKK 5.94 billion
    ** The stock is among the worst performers on the
pan-European STOXX 600 index  .STOXX  and on track for its worst
day since July if the losses hold

($1 = 7.1656 Danish crowns)

 (Reporting by Marta Frackowiak)
 ((marta.frackowiak@thomsonreuters.com))