Sonova: the company benefits from strong structural tailwinds

13th June 2019
-IAM, News

Olivier Aeschlimann, Senior Financial Analyst

Sonova is among the world’s leading makers of hearing aids. The company operates in two main segments focused on haring instruments and hearing implants. Major brands include Phonak, Lyric, Acoustic Implants and Advances Bionics. The global hearing care market offers both general and specific opportunities for continued growth. Ageing population worldwide is a powerful tailwind for the group. Additionally, research and development plays an important role in maintaining the company’s leading position. As a result, Sonova expects to generate organic sales growth of +5% to +7% and EBITA growth of +9% to +13% in 2019 and 2020