Switzerland's Sonova H1 revenue rises, lifts FY outlook
Overview
Switzerland hearing care provider's H1 revenue rose 7.5% in local currencies to CHF 1.83 bln
Core EBIT for H1 rose 22.9% in local currencies, reflecting strong operating leverage and cost discipline
Company raised full-year 2026/27 guidance for sales and core EBIT growth
Outlook
Sonova raises full-year sales growth outlook to 6–8% from 5–8%, in local currencies
Company lifts full-year core EBIT growth guidance to 10–13% from 7–10%, in local currencies
Sonova expects currency translation to be broadly neutral for sales and core EBIT growth in FY 2026/27
Result Drivers
HEARING INSTRUMENTS GROWTH - Strong sales in Hearing Instruments, led by Wholesale and Retail, drove overall revenue gains
NEW PRODUCT LAUNCHES - Launches of EON, Roger On Sphere and Integro supported market share gains and sales growth
COST DISCIPLINE - Improved profitability attributed to strong operating leverage and disciplined cost management
Company press release:
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
H1 Revenue | CHF 1.83 bln |
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 9 "strong buy" or "buy", 10 "hold" and 3 "sell" or "strong sell"
The average consensus recommendation for the medical equipment, supplies & distribution peer group is "buy."
Wall Street's median 12-month price target for Sonova Holding AG is CHF259.00, about 8.4% below its November 11 closing price of CHF282.80
The stock recently traded at 24 times the next 12-month earnings vs. a P/E of 20 three months ago
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)