Turnover: 2.351 billion EUR (2022)

Country: Denmark

  • WIDEX is a Danish family-owned company founded in 1956. It specializes in the manufacture of hearing systems and distributes hearing solutions.
  • In particular, it invented the first fully digital in-the-ear hearing system.
  • The company is present in over 100 countries. It employs over 4,000 people
  • Merged with Sivantos in 2019 to become WS Audiology.
  • 12,000 employees

Financial Data

DUNS: 967201146

Legal Name: WIDEX

Address: 104 BD DU MONTPARNASSE ESPACE NEWTON SQUARE, 75014 PARIS 14

Number of employees: Entre 20 et 49 salariés (2021)

Capital: 5 800 000 EUR


Financial Data:

Year 2022 2021 2020 2019 2018 2017 2016 2015
Turnover 22 883 794 20 602 742 13 057 478 24 603 972 21 919 451 23 926 346 24 146 397 22 786 196
Gross margin (€) 8 319 540 7 896 386 11 812 858 12 992 645 11 156 532 13 101 532 - -
EBITDA (€) -1 165 331 18 863 2 508 160 1 616 245 1 289 181 1 659 456 - -
Operating profit (€) 688 214 690 959 652 739 2 031 281 1 184 163 1 287 567 - -
Net profit (€) 369 205 706 594 641 457 1 245 927 1 258 880 1 127 875 688 228 -252 297
Turnover growth rate (%) 11,1 57,8 -46,9 12,2 -8,4 -0,9 - -
Ebitda margin rate (%) -5,1 0,1 19,2 6,6 5,9 6,9 - -
Operating margin rate (%) 3 3,4 5 8,3 5,4 5,4 - -
Working Capital (turnover days) 413,5 340,5 384,4 163,3 159 128 - -
Working Capital requirements (turnover days) 65,2 96,8 139,9 58,7 118,5 101,5 - -
Net margin (%) 1,6 3,4 4,9 5,1 5,7 4,7 - -
Added value / Turnover (%) 10,8 19,1 52 30,5 26,3 26,9 - -
Wages and social charges (€) 3 505 994 3 627 023 4 015 170 5 509 657 4 169 963 4 423 690 - -
Salaries / Turnover (%) 15,3 17,6 30,7 22,4 19 18,5 - -

Company Managers:

Position First Name Last Name Age Linkedin
Président Benoit, Enguerran Caudreliez 50

Studies mentioning this company

The hearing aid market - France

Other companies mentioned:

  • Sonova Groupe
  • Prodition (Groupe Demant)
  • Starkey
  • WS Audiology (Widex Sivantos)
  • GN Hearing
  • Unitron (Sonova Groupe)
  • Audika (Groupe Demant)
  • Amplifon
  • Alain Afflelou Accousticien
  • Audition Mutualiste
  • Krys Group
  • Demant groupe
The Hearing Aid Market - United States

Other companies mentioned:

  • Oticon
  • WS Audiology (Widex Sivantos)
  • ReSound (GN Hearing)
  • Signia
  • Starkey
  • Amplifon
  • Beltone (GN hearing)
  • GN Hearing
  • Demant groupe
The hearing aid market - Portugal

Other companies mentioned:

  • Minisom
  • GAES
  • Acústica Médica (Demant group)
  • Audição Activa
  • Amplifon
  • WS Audiology (Widex Sivantos)
The hearing aid market - Spain

Other companies mentioned:

  • Amplifon France
  • Sonova Groupe
  • Prodition (Groupe Demant)
  • WS Audiology (Widex Sivantos)
  • GN Hearing
  • Audika (Groupe Demant)
  • Alain Afflelou Accousticien