Sonova Holding AG (SOON) Stock Price & Chart | Trade Now

So Company profile

About Sonova Holding AG

Sonova Holding AG is a Switzerland-based company operating in the healthcare sector. The Company, along with its subsidiaries, designs, develops, manufactures, distributes and services hearing systems for adults and children with hearing impairment. The Company is active in two operating segments: the Hearing instruments segment includes the companies that are active in the design, development, manufacture, distribution and service of hearing instruments and related products, and the Cochlear implants segment includes the companies that are active in the design, development, manufacture, distribution and service of hearing implants and related products. It operates worldwide and distributes its products in over 90 countries through its own distribution network and through independent distributors. Sonova Holding AG is the holding company of the Sonova Group and operates the wholly owned subsidiaries Comfort Audio GmbH and Hansaton Akustik GmbH.

Financial summary

BRIEF: For the six months ended 30 September 2021, Sonova Holding AG revenues increased 50% to SF1.6B. Net income increased 44% to SF294.8M. Revenues reflect Hearing Instruments segment increase of 49% to SF1.47B, Cochlear implants segment increase of 66% to SF138.3M, Europe & Middle East & Africa (EMEA) (Region) segment increase of 45% to SF830.6M, United States segment increase of 65% to SF499.8M.