- Demant revised its full-year EBIT forecast to DKK4.30 billion to DKK4.60 billion, down from a previous forecast of DKK4.6 billion to DKK5 billion.
- Analysts estimated an EBIT of DKK4.81 billion.
- The company expects share buybacks to exceed DKK2 billion, the same as previously forecasted.
- Organic revenue growth is now seen at 2% to 4%, down from the previous estimate of 4% to 8%.
- For the first half of the year, the group reported organic growth of 3%.
- EBIT before special items for the first half of 2024 stood at DKK 2,068 million.
- Analyst recommendations include 9 buys, 7 holds, and 7 sells.
A look at William Demant Holding A/S Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 1 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 2.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
William Demant Holding A/S, a company specializing in developing and selling products for individuals with hearing impairments, has received a mixed outlook based on the Smartkarma Smart Scores analysis. While the company shows promising momentum with a score of 4, indicating strong performance in the market, it lags in terms of its dividend score, which stands at 1. However, with a moderate score of 3 for growth potential, there is optimism for future expansion opportunities. Additionally, the company demonstrates resilience with a score of 2, showcasing its ability to withstand market fluctuations. Overall, William Demant Holding A/S presents a varied outlook across different factors, suggesting a combination of strengths and areas for improvement.
Demant A/S, known for its focus on developing hearing devices, implants, diagnostic instruments, and personal communication tools, serves a global customer base. The company’s Smartkarma Smart Scores profile indicates a moderate overall outlook. While the company exhibits strong momentum and potential for growth, there are areas such as dividend performance where improvements could be made. With a mission to help individuals with hearing loss connect and communicate effectively, William Demant Holding A/S remains committed to innovation and serving the needs of its diverse clientele around the world.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
