(BFM Stock Exchange) – The Swiss company specializing in hearing devices is climbing on the Zurich Stock Exchange after unveiling annual results overall higher than expectations. Sonova has also tried to increase its financial indicators in the current exercise.

The Paris Stock Exchange has not had specialists in the hearing correction sector since the departure of Audika at the end of 2015, following its takeover by the Danish group William Demunt. The Franco-Iitalian group Essilorluxottica Essilorluxottica.com/fr/media/communiques-de-presse/essilorluxottica-entre-sur-le-march%C3%A9-des-solutions-auditifs/”>Hearing solutions have also entered this market since 2023, but most of its income is generated by its optical activity.

In Europe, there are still listed players specialized in this area. Sonova which is the world’s leading supplier of hearing solutions. The Swiss company offers an extended range, ranging from hearing aids to cochlear implants (intended to treat overdon too deep) through wireless communication products.

This company, which is better known for its Phonak brand, has unveiled its annual results for its 2024/2025 offbeat exercise.

Launch of new successful products

On the whole financial year, the hearing aid specialist unveiled a turnover of 3.87 billion Swiss francs, up 7.6% in published data and 6.4% excluding exchange effects.

Sonova highlights an acceleration of its growth in the second half, “thanks to the successful launch of the Infinio and Sphere Infinio platforms in August, which both received a favorable reception and supported the growth of activities related to hearing aids and audiological care”.

The launch of new products will be a “key element in the growth strategy” reported the independent AlphaValue design office in November 2024.

“Audeo Sphere Infinio is notably equipped with a sound processing chip by real -time AI, which will improve speech understanding and the quality of conversations, connectivity and energy management”, detailed the design office.

“By geographic area, growth comes out of 7.0% for the Europe, Middle East and Africa area, 7.7% in the United States, and 10.8% in the American Americas (carried by Canada and Brazil), and 8.1% in Asia-Pacific (good hold of Australia, but Chinese market still atone)”, details invest.

Sonova does better than expected on the side of commercial dynamics, thanks to these launches of new products in the exercise. According to a consensus Vara Research, analysts anticipated a turnover of 3.84 billion Swiss francs.

On the profitability side, the result before interest, taxes and depreciation (EBITA) adjusted increased by 4.7% in published data and 7.4% excluding exchange effects at 808 million Swiss francs.

Again, Sonova exceeds market expectations housed at 804.9 million Swiss francs, according to this same consensus Vara Research.

On the Zurich Stock Exchange, the sound system increased by 3.3% still around 12:00, after leaping almost 6.7% in the first exchanges this Friday, May 9.

A change in management

The group has expressed a “substantial improvement” of its profitability in the second half, thanks “to efficiency gains from restructuring initiatives”, especially for the “Care” segment. The corresponding margin, although lowering 40 basic points over a year (0.4 percentage point), stands in line with expectations at 20.9%.

The net profit contracted 10% to 547 million Swiss francs, while the operating cash flow increased by 7.2% over one year, to 577.9 million Swiss francs.

The perspectives are also positively perceived by the market. Sonova Table for exercise 2025-2026 on sales growth between 5% to 9% and an increase in adjusted EBITA (incorporating restructuring costs) between 4% and 18% at constant exchange rates.

On the sidelines of this publication, the company also announced a change in its management. The managing director Arnd Kaldowski will leave the company at the end of September for “personal conveniences”. It will be replaced by French Eric Bernard as of October 1, 2025, with “more than 30 years of global experience and the commercial management capacity experienced in the hearing care and optics sector”.