Sonova Holding AG : FY 2021-22 review – Strong momentum among the divisions
>Strong momentum continued also in the second half - Sonova’s FY 2021-22 revenues of CHF 3,363.9m (+29.3% y-o-y, 0%/1% vs ODDO BHF/consensus) were driven by strong organic growth of 26.6% (vs 24-25% expected). External growth was 240bp supported by the addition of the Sennheiser Consumer Division and forex created a tailwind of 30bp. Group adj. EBITA of CHF 844.4m (+27.3% y-o-y, margin +25.1%) was -2%/0% compared with expectations. EPS reached CHF 10.42, which is in l...Sonova Holding is a hearing instrument manufacturer based in Switzerland. Co. specializes in the design, development, manufacture, and worldwide distribution of technologically advanced wireless and hearing systems for adults and children with hearing impairment. Co. offers a range of digital hearing instruments, along with high tech specialty products and complementary wireless communications systems. Co. comprises two hearing instrument divisions, Phonak and Unitron Hearing, as well as Phonak Communications, a developer of wireless communication devices for both hearing instrument and other applications.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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