Sonova Holding AG : Guidance cut on slower growth and higher input costs
>Reduction of FY guidance - Sonova revised its FY 2022-23 outlook due to subdued volume growth in higher priced hearing care markets and distribution channels as well as higher transportation, component and wage costs. It now expects sales growth of 15-19% in local currencies (previously 17-21%) and adj. EBITA to grow in the range of 6-10% (previously 12-18%) in local currencies. For the first half of FY 2022-23, Sonova expected sales growth of 16-18% and EBITA to re...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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