Sonova affected by fluctuating currencies in 2020/2021

Hearing company Sonova's recently published report for 2021/2021 shows that the firm has been severely affected by fluctuating currencies in the most recent financial year.

Photo: Sonova / PR

Swiss hearing aid firm Sonova lands a CHF 2.602bn (USD 2.9bn) revenue amounting to 6.8 percent less than the previous year measured by local currencies and amounting to a 10.8 percent drop when calculated in Swiss francs.

Adjusted earnings before interest, taxes, depreciations and amortizations total CHF 603m, which is 5.6 percent more than the prior fiscal year in local currencies while it adds up to a 2.9 percent decline when measured in Swiss francs.

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