Sonova Reports Solid Sales Growth for First Half of 2024/25

Sonova Holding AG, a leading provider of hearing solutions, announced its first-half results for the 2024/25 financial year, revealing group sales of CHF 1,833.2 million. This marks a 5.9% increase in local currencies, driven largely by the Hearing Instruments and Cochlear Implants sectors. Adjusted EBITA fell by 3.7% in local currencies to CHF 325.2 million, with the margin at 17.7%. Despite currency challenges, Sonova anticipates profitability to strengthen in the second half, propelled by recent product launches and strategic cost initiatives.

The launch of Phonak Infinio and Sphere Infinio platforms has been met with a positive reception, signaling a promising second half. CEO Arnd Kaldowski expressed confidence in exceeding profitability expectations by capitalizing on higher selling prices and reduced launch-related expenses. Although European sales faced challenges, the Americas and APAC regions demonstrated strong growth.