Feb 20 (Reuters) – Sonova’s full year revenue will come at the lower end of its 2025/2026 forecast range for growth of 5% to 9%, hearing-aid maker CEO Eric Bernard said in an interview published on Friday. The company is taking its time to review its midterm goals, Bernard, who took over the CEO role […]
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Sonova expects FY revenue at lower end of target range, CEO says in interview
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Feb 20 (Reuters) – Sonova’s full year revenue will come at the lower end of its 2025/2026 forecast range for growth of 5% to 9%, hearing-aid maker CEO Eric Bernard said in an interview published on Friday.
The company is taking its time to review its midterm goals, Bernard, who took over the CEO role in September, told Swiss business publication Finanz und Wirtschaft.
The company, which also recently appointed a new chairman of the board of directors and a new chief financial officer, is set to give an update on its strategy on March 23.
As part of its review, it is looking at all business areas in detail, Bernard said, and planned to focus on premium headphones and soundbars with its consumer brand Sennheiser.
Sonova’s biggest competitor, Demant, sold its hearing implants business last year.
Sonova expects growth rates in the hearing aid market to normalize towards the end of the year or in early 2027 after a period of sluggish sales, the CEO said.
(Reporting by Linda Pasquini, Editing by Friederike Heine)