William Demant’s Q1 16 trading update (top-line and profitability figures not disclosed) sounded a cautious note, with the company reporting ‘satisfactory’ revenue growth (not quantified) across its three segments. The core Hearing Devices business recorded strong unit growth (higher than the average market growth rate of 4-5%) but was held back by lower ASPs (which management expects to reverse in H2 16 following the launch of the new Oticon Opn range of products in June 20 ....