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United States

Sonova Holding AG (SOON.S)

SOON.S on Virt-X Level 1

178.55CHF
20 Aug 2018
Change (% chg)

CHF-0.95 (-0.53%)
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CHF179.50
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Tue, May 22 2018

Sonova cautious on sales, profit targets for current year

ZURICH Sonova's sales growth for this fiscal year may be less than half its mid-term target, the world's biggest hearing aid maker said on Tuesday, partly because of the impact of U.S. disposals and restructuring.

UPDATE 2-Sonova cautious on sales, profit targets for current year

* To add features to hearing aids late in year (Recasts to focus on targets, adds CEO, analyst comment)

Sonova boosts full-year profit, helped by EMEA region

ZURICH, May 22 Swiss hearing aid maker Sonova boosted full-year profit by 14.4 percent, helped by what it called "strong momentum" in its largest markets in Europe, the Middle East and Africa.

BRIEF-Sonova Holding AG expects 2018/19 sales, EBITA to grow

* SAYS AT MAY 2018 EXCHANGE RATES, GUIDANCE IMPLIES A MID-TEENS GROWTH IN REPORTED EPS IN SWISS FRANCS FOR 2018/19

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