)
Demant (DEMANT) investor relations material
Demant Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved 2% organic growth and 5% growth in local currencies for 2025, with total revenue reaching DKK 22,971 million; acquisitions, especially KIND Group, contributed significantly, while currency headwinds reduced reported growth.
Hearing Care became the largest business area, driven by the acquisition of KIND Group in Germany, which closed in December and expanded market leadership.
Introduced Oticon Zeal in selected markets, generating excitement and momentum for 2026, with a global rollout planned.
Divested EPOS and Oticon Medical to focus on core hearing healthcare.
Sustainability progress included improved lives, increased hearing tests, reduced GHG emissions, and enhanced gender diversity in leadership.
Financial highlights
Gross margin declined by 0.6 percentage points to 75.6% due to ASP headwinds and product mix.
EBIT before special items was DKK 3,960 million, down 10% year-over-year, with a margin of 17.2%.
Free cash flow for FY 2025 was DKK 3,094 million, a decrease of 11% from the prior year.
Net debt increased due to KIND acquisition, with gearing at 3.4x, above the target range.
Net interest-bearing debt increased 38% to DKK 18,742 million, mainly due to the KIND acquisition.
Outlook and guidance
2026 organic growth expected at 3%-6%, with EBIT before special items of DKK 4.1-4.5 billion.
Share buyback paused in 2026 to prioritize deleveraging and return to target gearing within 18-24 months.
Cost reduction initiatives to deliver DKK 250 million EBIT benefit in 2026, with a two-year program targeting DKK 500 million annual savings by 2028.
Special items for 2026 expected at DKK 325 million, mainly from KIND integration and restructuring.
KIND expected to contribute DKK 300 million EBIT in 2026; FX headwind of DKK 200 million expected.
- TimeTickerHeadlineOpen
- SOI
Q3 revenue €160m, up 18% sequentially, Edge & Cloud AI up 27%, Q4 set for 20% growth. - IFX
Q1 2026 revenue rose 7% year-over-year, driven by AI demand and increased investments. - ELS
2025 revenue soared 11x to $23M, with strong cash, major contracts, and a robust 2026 outlook. - V2RETAIL
Q3 FY26 saw 57% revenue and 99% PAT growth, with robust expansion and capital infusion. - UBSG
Net profit surged 53% in FY25, with integration and cost savings driving strong results. - 524348
Q3 FY26 revenue up 8% and PAT up 58%, with margin recovery and new projects ramping up. - BOTX
Record gold output and profit, with investments driving strong growth outlook for 2026. - BAJAJFINSV
Q3 FY26 profit was flat at ₹2,229 crore as strong growth was offset by one-time charges. - WAF
Sales and EBITDA fell, but 300 mm wafer demand grew as 2026 outlook remains challenging. - DEVYANI
Q3 FY26 saw double-digit revenue growth, margin gains, net losses, and major strategic changes.
Next Demant earnings date
Next Demant earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage
)
)