Demant: Demant had organic sales growth of 2 percent in Q3

Danish hearing aid manufacturer Demant reports organic sales growth of 2 percent in the third quarter. Sales amounted to DKK 5,401 million (5,207). The company says that operating profit before non-recurring items was slightly lower than the company's expectations due to unfavorable currency effects in Q3. The company reiterates its forecast of organic sales growth of 2-4 percent and an adjusted operating profit of DKK 4,300-4,600 million.