Sonova beats expectations, lands USD 1.74bn revenue

Hearing aid manufacturer Sonova, which is headquartered in Switzerland, has seen the full benefits of the market recovery from Covid-19, and ends the first half of its financial year with revenue surpassing estimates. Nonetheless, the company has not upgraded its full-year guidance.

Photo: Arnd Wiegmann/Reuters/Ritzau Scanpix

The Swiss hearing aid manufacturer Sonova has announced its results from the skewed financial year 2021/2022, surpassing expectations in several key areas, it reports in its financial results from the period on Monday.

A favorable basis for comparison secured a significant advance in figures compared to the same period last year, as the first half of 2021/2022 was characterized by a recovery of market conditions for hearing aids prior to the Covid-19 pandemic, though some challenges still remain.

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