Search Results for: Sonova

Sonova to Acquire 3.7% Ownership Stake in Sensorion

Sensorion, a clinical-stage biotechnology company which specializes in the development of novel therapies to restore, treat, and prevent within the field of hearing loss disorders, announced that Sonova Holding AG will acquire a 3.7% ownership stake in Sensorion by way of subscription to a reserved share capital increase for total gross proceeds of €5 million (USD $6.08 million).

Read More

Sonova Announces Expected ‘Return to Growth’ in Second Half of 2020/21

Sonova now expects sales for the first half of FY 2020/21 to reach around 79% of the prior year level at constant exchange rates and to achieve an adjusted EBITA margin in Swiss francs of approximately 15% for the same period. For the second half of the financial year, the Group expects to return to growth, achieving a revenue increase of 4%-8% and a rise in the adjusted EBITA in the range of 20%-30% compared with the prior year period, both at constant exchange rates.

Read More

Sonova Hosts Global Media Day at Corporate Headquarters in Switzerland

About 25 industry journalists and bloggers who report on the hearing industry were provided with Sonova’s view of the future during a special Global Media Day event held in late June at the company’s headquarters in Stäfa, Switzerland. The 1-day tour of the facility and presentations by Sonova executives showcased the company’s commitment to “creating hearing solutions that change people’s lives so they can thrive socially and emotionally.”

Read More

Sonova to Supply Costco Kirkland Signature (KS9) Hearing Aids

Sonova, the Swiss-based parent group of Phonak, Unitron, and Hansaton, confirmed that it has been awarded the contract to supply Costco’s Kirkland Signature 9.0 (KS9) hearing aids. Although the KS9 will use Sonova’s wireless SWORD chip set, the new product is said to be unique in many important ways from the other hearing aids in the Sonova group.

Read More

Sandy Brandmeier Joins Sonova Wholesale US as New President

On October 31, Sandy Brandmeier officially joined Sonova USA and will work alongside current US Wholesale President Jan Metzdorff, who has been on a limited assignment in North America since August 2016. Over the next 5 months, both will work in concert to ensure a seamless transition until Brandmeier takes over full responsibility as President of Sonova Wholesale US on April 1, 2019.

Read More

Sonova’s ‘Life without Limitations’ Wins Cannes Corporate Media & TV Awards

Sonova has once again been recognized for an inspirational film about hearing loss—this time by the Cannes Corporate Media & TV Awards. “Life without Limitations–The Story of Jason Brügger” won gold in the category “corporate image films” and silver in the category “fairs, shows, events, conference openers.” It features Brügger–a Swiss aerialist and Phonak hearing aid user–and how innovative hearing solutions enable people with hearing loss to live a life without limitations.

Read More