Sonova Holding AG : Reflecting Costco and forex headwind ahead of H1 results
>H1 impacted by slow hearing aid market – Infinio launch becomes effective for H2 - We have observed a slowdown of the hearing aid market on a global scale over the last quarters,which we regard as more profound given a lower positive growth contribution from the ageingbaby boomer generation. We estimate a market growth in Sonova’s first half (April-September) only in the low single-digit territory. In August the company launched its Infinio hearing aid pla...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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