- (PLX AI) - Demant shares rose 6% in early trading after the company increased its guidance as momentum continues in the second half of the year.
- • Demant increased outlook for FY EBIT to DKK 3,300-3,500 million, up from DKK 3,150-3,450 million previously
- • Hearing Healthcare has seen very strong performance so far in H2 with double-digit organic growth, while Communications sees an increase in new order intake and revenue in recent months
- • The core franchise is doing well, and the company has been able to improve its group gross margin despite increased costs, SEB said
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