Sonova Holding AG : H1 review – Leaving some headwinds behind
>Hearing instruments to leave headwinds behind - Over recent quarters, Sonova’s hearing instrument business was impacted by the non-renewal of Costco supply as well as by supply constraints, which have impacted organic growth (-4.3% in H1 2023-24 vs around 6-7% for the global hearing aid market in unit terms. While we expect ongoing competitive dynamics to persist, we expect structurally a return to market growth and factor in that some accounts, which could not be se...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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