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William Demant Holding A/S 10.11.1. Company Overview 10.11.2. Financials 10.11.3. Products 10.11.4. Recent Developments 11. IMPACT ANALYSIS OF COVID-19 OUTBREAK 11.1. Impact Analysis of Covid-19 Outbreak on the Market 11.1.1. Direct Impact on Production 11.1.2. Supply Chain and Market Disruption 11.1.3. Financial Impact on Firms. William demant annual report 2016 key figures and financial ratios – eur. 5 2016 1,612 1,213 1,223 113 315 54 261 286 -14 247 197 543 2,091 937 40 226 236 164 12,339 75.2% 75.8% 19.5% 16.2% 17.7% 21.5% 44.8% 0.7 0.9 0.6 0 3.6 22 17 4,281 263.75 key figures and financial ratios – eur. income statement, eur million revenue gross profit. Demant 15,805 followers on LinkedIn. Demant is a world-leading hearing healthcare group that offers solutions and services to help people with hearing loss connect and communicate with the world.
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| Investor news | 10 April 2019 |
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Demant is bringing Philips hearing aids to market
Hearing aid users can now choose solutions from the Philips brand portfolio, one of the world’s best known and leading health technology brands, focused on improving people's health and enabling better outcomes across the health continuum. The Philips brand portfolio of hearing solutions will enter the hearing aid market with a complete range of premium hearing aids and will offer hearing care professionals an exciting new business opportunity to work with a global brand serving both professional and consumer markets in consumer health and home care. Demant, a leading hearing healthcare company and exclusive hearing aid brand licensee of Philips, looks to the potential of addressing new segments on a global scale combining first-class hearing technology with a well-known brand.
Copenhagen, Denmark, 10 April 2019 – Demant is pleased to announce the introduction of Philips branded hearing aids to the global hearing aid market. A new player, the Philips brand is entering the hearing healthcare market with a complete range of premium hearing aids, accessories, and applications to best serve hearing aid users. These Philips Hearing Solutions will quickly become a trusted brand with hearing care providers and users, as it has great potential around the world to present unique opportunities for hearing care professionals in an ever-evolving market.
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“Based on a shared vision of improving the lives of people through innovative healthcare this new cooperation will not only change the way we see hearing healthcare, but also widen the definition of hearing healthcare, supporting healthier lifestyles and active aging,” says Spencer Ramsey, Senior Director, Brand Licensing, Philips. “Combining Demant’s world-leading hearing aid technology with Philips’ global brand presence in healthcare, the cooperation will enrich the hearing healthcare experience.”
“The Philips hearing aids will provide users with an innovative, future-proof hearing solution,” says Søren Nielsen, President & CEO, Demant. “We live in an age where user engagement and digital services are shaping the future of healthcare technology. More and more people are conscious of taking control of their own personal healthcare and are using electronic devices to do so. In this light, Philips Hearing Solutions offers new and exciting premium solutions alongside Philips’ healthcare ecosytem, which will attract interest and generate significant benefits to users, ultimately supporting our valued customer base of hearing care professionals.”
The new premium Philips hearing aids, named Philips HearLink, are now available for trained and educated hearing care professionals in selected countries across the globe: Philips HearLink will enable users to listen better so that they can better connect with the people they care for. Users will also benefit from connectivity between their hearing aids and the devices they use in their everyday life, such as smartphones and televisions. The look and feel of the Philips HearLink hearing aids caters to today’s baby boomer generation with design and usability developed for this expanding market.
“With this partnership, we take connected hearing healthcare to the next level and offer new and exciting solutions within integrated healthcare services to the benefit of both professionals and people suffering from a hearing loss. Health, caring and innovation are cornerstones in the vision of both Demant and Philips, which makes the partnership a great match for the future. Furthermore, it will strengthen and add value to both companies’ ambition to improve people’s lives,” Søren Nielsen concludes.
For further information about Philips Hearing Solutions and a full presentation of the Philips HearLink product range, please visit: hearingsolutions.philips.com
-ENDS-
About Demant
Demant is a leading global hearing healthcare group and the exclusive hearing aid brand licensee of Royal Philips that is active in the entire hearing healthcare market, operating in a global market with activities in more than 130 countries. For more than a century, the Demant Group has played a vital part in developing innovative technologies and know-how to help improve people’s hearing and health and create life-changing differences through hearing health. For more information, please visit: https://www.demant.com/
With the Philips HearLink hearing aids, we strive to take connected hearing health care to the next level and offer new and exciting solutions within integrated health care services to the benefit of both the professionals and people living with a hearing loss. For more information, please visit
www.hearingsolutions.philips.com
Contact
Katrine Hertz Østergaard, Demant, email: khos@demant.com, phone: +45 2095 2530
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William Demant Holding A/s Driver Download For Windows 7
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Wikipedia
| Type | |
|---|---|
| Traded as | OMX: WDH |
| Industry | Health care |
| Founded | 1904 |
| Headquarters | Smørum, Denmark |
| Key people | Lars Nørby Johansen (Chairman), Niels Jacobsen (President and CEO) |
| Products | Hearing aids, audiometric equipment |
| Revenue | DKK 6.892 billion (2010)[1] |
| Operating income | DKK 1.430 billion (2010)[1] |
| Profit | DKK 988.4 million (2010)[1] |
| Total assets | DKK 6.786 billion (end 2010)[1] |
| Total equity | DKK 2.443 billion (end 2010)[1] |
| Employees | 6,320 (average, 2010)[1] |
| Subsidiaries | Oticon |
| Website | www.demant.com |
The William Demant Holding Group is a leading international hearinghealth care company within hearing aids, audiometric equipment, and personal communication.
Beginning
The William Demant Holding Group was founded in 1904 by Hans Demant, under the name Oticon. After his death in 1910, his son William Demant took over.
Already before World War I, Oticon increased its sales volume to cover Scandinavia and Saint Petersburg. In the twenties and thirties, a network of agents was established in Europe.
During World War II, Oticon started its own production due to the scarcity of goods from other countries.
In 1957, William and his wife Ida Emilie donated the Demant family's shares in the company to the Oticon Foundation. The Oticon Foundation's general aim is charity with particular emphasis on helping people with a hearing impairment and today the Oticon Foundation is the main shareholder in William Demant Holding A/S with a holding of app. 61%.
International expansion
During the 1990s the company expanded further, buying the Swiss hearing aid manufacturer Bernafon, Phonic Ear, the headset manufacturer DanaCom and Interacoustics.
In 1995 the company was listed at the Copenhagen Stock Exchange.
In 1997 it was it was decided to change the name of the parent company from Oticon Holding A/S to William Demant Holding A/S because it was considered disadvantageous to use the same name, both for the Group, and for one of its businesses.
Today the company is led by President & CEO, Niels Jacobsen and board chairman Lars Nørby Johansen.
Today the company focuses on three separate business units:
Hearing Aids:Oticon, Bernafon, Sonic Innovations
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Diagnostic Instruments: Maico Diagnostics, Interacoustics, Amplivox and Grason-Stadler
Personal Communication: Phonic Ear, Sennheiser Communications
Instrument Dealers: Gordon Stowe & Associates Inc., Northeastern Technologies Group Inc., Midlantic Technologies Group Inc.
References
- ^ abcdef'Annual Report 2010'. William Demant. http://files.shareholder.com/downloads/ABEA-4C7PH1/1211237728x0x448723/1beb8da1-21fa-46cc-852c-16a28495b542/Annual%20Report%202010.pdf. Retrieved 2 April 2011.
External links
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