Demant · Annual Report 2020 Life-changing hearing health Contents Insights and highlights Key figures and financial ratios 4 CEO letter 6 This is Demant 8 2020 in brief 12 Highlights in 2020 14 Financial review 18 Outlook 24 Our business 26 Hearing Healthcare 27 Hearing Aids 30 Hearing Care 34 Hearing Implants 36 Diagnostics 38 Communications 40 Communications - EPOS 42 Corporate information Shareholder information 44 Risk management activities 49 Sustainability 52 Corporate governance 58 Executive Board and Board of Directors 61 Financial report Management statement 65 Independent auditor’s report 66 Consolidated financial statements 71 Notes to consolidated financial statements 79 Parent financial statements 135 Notes to Parent financial statements 140 Subsidiaries, associates and joint ventures 148 3
Download PDF file