Demant A/S 2019 AR2
The report highlights Demant's performance in 2019, during which the company achieved 7% revenue growth despite a significant IT ransomware incident that had an estimated DKK 550 million negative impact on EBIT. Demant launched several key products, including the Oticon Opn S and Ponto 4, which drove strong organic growth in its wholesale and hearing implants businesses. In sustainability, the company committed to supporting the Danish Government's goal of a 70% reduction in greenhouse gas emissions by 2030. Additionally, Demant conducted a materiality assessment to update its CSR framework and continued its Campaign for Better Hearing, providing free hearing aids to those in need.
Company: Demant A/S
Sector: Manufacturing
Country: Denmark
Year: 2019
Type: AR2
Pages: 130
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Demant A/S
Annual Report
The report highlights Demant's performance in 2019, during which the company achieved 7% revenue growth despite a significant IT ransomware incident that had an estimated DKK 550 million negative impact on EBIT. Demant launched several key products, including the Oticon Opn S and Ponto 4, which drove strong organic growth in its wholesale and hearing implants businesses. In sustainability, the company committed to supporting the Danish Government's goal of a 70% reduction in greenhouse gas emissions by 2030. Additionally, Demant conducted a materiality assessment to update its CSR framework and continued its Campaign for Better Hearing, providing free hearing aids to those in need.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women in Management
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