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WD CEO: Room for consolidation

William Demant CEO Niels Jacobsen says there is room for consolidation in a business with six major players. But the ownership structure seems stable, he believes. See the full interview here.

Foto: Nils Jacobsen, CEO, William Demant - PR

The operating margin in Danish hearing device group William Demant has dropped from about 25 % to about 20 % in recent years, caused partly by a move into the retail market, where margins are generally lower, just as the company has made significant investments in the implant market through Oticon Medical. Medwatch sat down for an interview with CEO Niels Jacobsen at the recent EUHA conference in Nurnberg, Germany.

How would you describe the competition between “the big six” at present?

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