Though the H1 17/18 results were slightly below the street’s estimates, we believe that the launch of the 2.4GHz MFA platform should provide the much needed push to organic growth in the short term and help the company achieve its FY17/18 revenue and profitability targets. However, the mid-term growth prospects hinges upon the success of the next-gen product (likely in FY18/19) which is likely to address the shortcomings of the current product offering (ear-to-ear streaming and recharge
01 Dec 2017
2.4GHz Made-for-All platform launched; focus shifts towards the next-gen product
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2.4GHz Made-for-All platform launched; focus shifts towards the next-gen product
Sonova Holding AG (0QPY:LON) | 0 0 0.7% | Mkt Cap: 9,662m
- Published:
01 Dec 2017 -
Author:
Sumit Sayal -
Pages:
4
Though the H1 17/18 results were slightly below the street’s estimates, we believe that the launch of the 2.4GHz MFA platform should provide the much needed push to organic growth in the short term and help the company achieve its FY17/18 revenue and profitability targets. However, the mid-term growth prospects hinges upon the success of the next-gen product (likely in FY18/19) which is likely to address the shortcomings of the current product offering (ear-to-ear streaming and recharge