Bernstein: William Demant launch is set to disappoint
US-based Research firm Bernstein does not have a lot of faith in William Demant’s coming launch of a new wireless hearing device, which it believes will be unable to meet the market’s high expectations. Moreover, developments for one of the company’s rivals could place Demant under additional pressure.
BY STEFAN SINGH KAILAY
Danish-based hearing device manufacturer William Demant can look ahead to a significant product launch in H1, for which investors have very high hopes. The significant event has helped push up the group’s share price, which has increased about 15% in the past three months.
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