tiprankstipranks
Trending News
More News >

Sonova Reports Strong Fiscal Year Results and Announces CEO Transition

Story Highlights

Protect Your Portfolio Against Market Uncertainty

Sonova Holding AG ( (CH:SOON) ) has issued an update.

Sonova Holding AG reported strong financial results for the fiscal year 2024/25, with market share gains across all business areas and a 7.6% increase in sales in local currencies. The company successfully launched new hearing aid platforms, which contributed to growth despite challenges such as unfavorable exchange rates and a weakening private market for hearing aids in the USA. Sonova also announced a leadership change, with Eric Bernard set to take over as CEO in October 2025, positioning the company for continued growth and resilience in a challenging macroeconomic environment.

More about Sonova Holding AG

Sonova Holding AG is a leading provider of innovative hearing solutions, specializing in hearing aids, audiological care, and cochlear implants. The company focuses on enhancing hearing experiences and has a significant market presence globally.

Average Trading Volume: 159,454

Current Market Cap: CHF14.63B

Learn more about SOON stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App