Zurich (awp) – Hearing aid manufacturer Sonova will publish its results for the first half (ended at the end of September) of its 2024-2025 fiscal year on Tuesday, November 19. Seven analysts contributed to the AWP consensus:
S1 2024/25 (en mio CHF) cons. AWP S1 2023/24 chiffre d'affaires 1'817 1'753 - croissance en ML (%) 4,4 1,6 Ebita ajusté 342,8 350,0 - marge (%) 19,0 20,0
FOCUS: analysts are counting on a rather weak first half, but on a rebound in the second half of the year, due to the company’s production cycle. After mixed success, the devices in the Lumity range will be replaced by products featuring AI, which should boost the group’s sales in the second half.
OBJECTIVES: for the 2024-2025 financial year, the group anticipates an increase in revenue of 6-9% excluding currency effects and of 7-11% in adjusted Ebita. Currency effects are now expected to be positive, but the company expects restructuring and integration costs of 30 to 40 million.
FOR THE RECORD: at the end of October, Sonova confirmed that it was resuming business with the American chain of stores Costco. The company is once again represented in 107 of the approximately 600 Costco stores in the United States. The product distributed is the Sennheiser Sonite R and no longer the Phonak brand, reserved for independent audiologists.
SHARE PRICE: Sonova shares have accelerated by around 16% since the start of the year, doing significantly better than the flagship SMI index (+5.8%).
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