William Demant’s (WDH) Q3 16 trading update (only qualitative details given) was largely in line with our expectations and devoid of any major positive surprises. WDH reported “satisfactory growth”, driven by Oticon Opn and retail activities across regions. However, the US retail operations continued to stutter due to WDH’s ongoing consolidation efforts along with unsuccessful marketing activities. Moreover, both hearing implants and diagnostic instruments remained sof
14 Jan 2017
Satisfactory growth in hearing aids while implants stumble
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Satisfactory growth in hearing aids while implants stumble
William Demant’s (WDH) Q3 16 trading update (only qualitative details given) was largely in line with our expectations and devoid of any major positive surprises. WDH reported “satisfactory growth”, driven by Oticon Opn and retail activities across regions. However, the US retail operations continued to stutter due to WDH’s ongoing consolidation efforts along with unsuccessful marketing activities. Moreover, both hearing implants and diagnostic instruments remained sof