Demant As (WILLF) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon, everyone, and welcome to the conference call for Datemant's interim management statement for Q1 2026. My name is Peter Puselykke, and I'm heading up the investor relations activities here in Datemant. With me here today, I have the usual team. It's our president and CEO, Søren Nielsen, our CFO, René Schneider, as well as my good colleague in the IR team, Gustav Høgh. For the call today, we will follow the normal process. We kick off with a presentation. which will be followed up by a Q&A session. And we expect the total session to last no more than one hour. When we get to the Q&A, we kindly remind you to limit yourselves to two questions at a time, please, to allow as many as possible to ask a question. Before we dig into the presentation, please do pay notice to the disclaimer slide on slide two. And with that, on to slide three, we'll pass the microphone over to you, Søren, to kick off the presentation with the agenda. Please. Thank you very much, Peter, and welcome everybody to today's call here. I'll take you through business highlight and key financial takeaways, dive a little bit more into the different business areas, comment on the outlook for 2026 and then open up the floor for questions. Highlights of first quarter 2026. Well, the all highlight is a strong start to the year for the group, delivering 6% organic growth, which is obviously in the higher end of our expectation. Growth was additionally supported by 10% growth from acquisitions. Hearing aids deliver a very strong organic growth of 9%, with growth momentum being fueled by Oticon Seal and our existing product portfolios. And we can only attribute it to the strength of our industry-leading AI hearing aid platform delivering fantastic performance at very low power consumption. The in...