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William Demant Holding Group

Company Profile Analysis

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William Demant Holding Group - Healthcare showcase

Year Founded & Workforce

1904

20,500 Employees

Industry

Healthcare

Services

Hearing aidsDiagnostic InstrumentsPersonal Communication
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William Demant Holding Group Overview

Company headquarter Denmark Company Working The company is a leading international hearing health care company within hearing aids, audiometric equipment, and personal communication. Workforce 12,671 + employees Founded 1904

Strategy

Grow the top line by continuing to realise the multi-brand hearing aid wholesale strategy Increase the investment in R&D to improve the quality of the product

Company Snapshot

$1,714.57M

Revenue

20,500

Employees

1904

Founded

Key Developments

DateApproachDevelopment
2016–The company launched the hearing aid Velox platform
May-15–The company has introduced the first in-house developed cochlear implant (CI)
Jun-15–The company has acquired the French retailer, Audika

Product Offering

  • William Demant Holding Group
    • Hearing aids
    • Diagnostic Instruments
    • Personal Communication

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Global Sale fell from USD 1,714.6 Mn in 2014 to USD 1,599.3 Mn in 2016.
William Demant Holding Group — By Business Segment
Series (USD Mn)201420152016
Global Sale1,714.61,525.51,599.3
R&D investment119.910997.1

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