Sonova group reports record sales growth

The Sonova Holding AG (previously Phonak Holding AG) have posted their 2007/2008 financial report.

Sales across all brands, including Phonak and Unitron reached a new record of US$1.16 billion (1.2 billion CHF) – with 59% of hearing system sales being generated from products launched less than 2 years ago.

New product releases in the last year have included Phonak’s Exélia and Naída, and Unitron’s Yuu and Next, as well as the iCom, iPilot, and iCube. Its distribution network has been extended further, and the company has established new offices in India, Mexico, and South Africa. In addition, Phonak’s “Hear the World” initiative has attracted new attention, especially from ambassadors, including Mick Jagger, Annie Lennox, and Rod Stewart.

The company expects to further expand its market share, anticipating organic sales growth of around 10%, in the 2008/09 financial year.

Sonova’s 2007/2008 financial report.

Related posts:

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  3. David Ormerod's profits continue to grow
  4. US hearing aid sales drop in third quarter of 2008
  5. Hear the World Calendar 2010

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  1. Paul Uhlir on April 25th 2010 at 3:52 pm :

    Wow, these guys are a juggernaut in the hearing aids world. They have two of the strongest brands in the hearing aid space with Phonak and Unitron and clearly have strong management. Look for Sonova to continue to be a big player in the space for years to come.

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