Sunny Sonova financial results...and more warm breezes to come?

Relative to pre-pandemic levels in the first half of the financial year 2019/20, this means a 17.7% rise in sales with substantial growth in all regions, led by the USA (70.3% up versus the prior year period) and the Americas, says the group. The organisation behind brands such as Phonak, Unitron, and Hansaton boasted a half-year profit increase of 129.3% in local currencies, even adjusting for its purchase of the Consumer Division of Sennheiser, which it has previously recognised as a significant investment in financial terms. Strong Sonova sales of of CHF 1,465.6 million (1,390m euros) in hearing instruments sales, an increase of 46.9% in local currencies compared to the prior year period, were supported by "the sustained positive market response to the Phonak Paradise platform launched in...