Demant AS

DEMANT: XCSE (DNK)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	DKK 525.00	Nvhhb	Zwywvchtc

Demant Earnings: Goodbye to Communications; Hearing Delivers Good Results

Alex Morozov

Feb 6, 2024

We maintain our fair value estimate for narrow-moat Demant following the release of end-2023 results. The shares are modestly overvalued at their current level.

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