Cochlear maintains full-year expectations despite half-year setback

The Australian hearing company still counts on reaching an underlying profit of AUD 290–305m (USD 200–210m) for the full year despite the HY23 profit receding 10%.
Photo: Ole Lind/Jyllands-Posten/Ritzau Scanpix
Photo: Ole Lind/Jyllands-Posten/Ritzau Scanpix
by marketwire, translated by daniel pedersen

Australian Cochlear has been rewarded by investors after the company maintained its expectations for the full year despite seeing a decline in sales in H1, a report revealed on Wednesday.

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