Demant A/S is a Denmark-based hearing healthcare company that develops, manufactures and distributes products and services designed to help people with hearing loss and other communication needs. The company serves consumers and hearing care professionals through activities spanning hearing aids, diagnostic equipment, hearing care services and specialized communications technology.
Its portfolio includes hearing aids and related software, audiological diagnostic instruments, and technologies used by hearing care professionals to assess and manage hearing conditions. Demant’s businesses operate under brands including Oticon, Bernafon, Sonic and Philips Hearing Solutions, which is offered through a licensing partnership. The company also provides hearing care through retail and clinic networks, including the Audika brand in a number of markets.
Founded in 1904 after Hans Demant obtained a hearing device for his wife, the company has developed into an international hearing healthcare group headquartered in Denmark. Demant serves customers through operations and distribution networks across Europe, North America, Asia-Pacific and other global markets. Its products and services are sold through hearing care professionals, clinics, retail locations and other specialized channels.
Demant is led by President and Chief Executive Officer Søren Nielsen. The company’s shares trade on Nasdaq Copenhagen, while its American depositary receipts trade over the counter in the United States under the symbol WILYY.
AI Generated. May Contain Errors.