Demant shares shine helped by organic growth beat, valuation

Demant A/S

05/11/2025 08:29

** Shares in Demant DEMANT.CO rise 4.5% after the Danish hearing aid maker on Tuesday after market close posted broadly in-line Q3 results with organic growth surprising to the upside

** "Satisfactory results in a weak market," Jyske Bank says in a note, commenting on Demant's report

** Jefferies notes in-line sales, a miss on profitability, and a guidance cut, but also pointing out a valuation gap versus peers

** "(unconfirmed) prospects for a new platform launch in early '26 should limit downside," Jefferies added in its note

** Demant said it now sees FY organic growth likely in the lower end of 1-3% range and EBIT likely in the lower end of DKK 3,900-4,300 million range

** The stock, which up to the previous session's close, was down 17.1%​ YTD, is on track for its best day since June

 (Reporting by Izabela Niemiec)

 ((izabela.niemiec@thomsonreuters.com))