2022 Revenues ($USD) : $2,932,802,548 2022 Revenues (foreign currencies) : DKK kr18,418,000,000 2022 R&D spend : $214,968,153 2022 Number of Employees : 18,116 Fiscal Year End : 12/31/2021 Company CEO : Søren Nielsen, president and CEO
The history of the Smørum, Denmark–headquartered hearing healthcare and audio technology company stretches back to 1904. Demant manufactures hearing care products, including hearing aids and hearing implants. The company also offers diagnostic equipment and services and audio technologies. It has expanded its business with audio and video technologies for enterprises and gaming. The William Demant Foundation holds the majority of shares in Demant A/S, which is listed as a blue-chip stock on Nasdaq Copenhagen. The company operates in more than 30 countries. –BB