Demant AS (OTCPK:WILYY)
$ 18.885 0 (0%) Market Cap: 8.33 Bil Enterprise Value: 10.49 Bil PE Ratio: 23.89 PB Ratio: 6.09 GF Score: 93/100

Preliminary Q3 2022 Demant A/S Interim Management Statement Call Transcript

Nov 02, 2022 / 12:00PM GMT
Release Date Price: $11.5 (-16.52%)
Peter Pudselykke

Good afternoon, and welcome to our conference call following the pre-announcement of our interim management statement for Q3 that we released late yesterday evening. We'll run through the presentation, which is available on our website and then we'll switch over to Q&A afterwards.

As usual, we plan for this call to last no more than 1 hour, including the Q&A session. With me today, I do have our President and CEO, Soren Nielsen; and also our CFO, Rene Schneider; and myself, Peter Pudselykke, from the IR team. And without further ado, I'll turn the microphone over to Soren for his initial remarks.

SÃ;ren Nielsen;S;CEO
Demant A;President & Member of Executive Board

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Yes. Thank you very much, Peter, and welcome, everybody. Today's agenda is, first of all, a high-level introduction to key events in third quarter and financial takeaway, then we dive a bit more into the Hearing Healthcare business, the communication business. I'll speak to the cost reduction initiatives that

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