After a slow start, organic sales growth accelerated significantly in H2, led by the successful introduction of the next-gen MFA product, Marvel. Geographically, Europe was the principal growth contributor which overshadowed a weak show in the US. Profits also witnessed a substantial increase, benefiting from higher volumes, favourable ASPs and supply chain optimisation. For FY18/19, organic revenue growth came in at the higher end of the guidance range and profits were in line with expectati
22 May 2019
Robust acceleration in sales and profits in H2
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Robust acceleration in sales and profits in H2
Sonova Holding AG (0QPY:LON) | 0 0 0.7% | Mkt Cap: 9,662m
- Published:
22 May 2019 -
Author:
Sumit Sayal -
Pages:
4
After a slow start, organic sales growth accelerated significantly in H2, led by the successful introduction of the next-gen MFA product, Marvel. Geographically, Europe was the principal growth contributor which overshadowed a weak show in the US. Profits also witnessed a substantial increase, benefiting from higher volumes, favourable ASPs and supply chain optimisation. For FY18/19, organic revenue growth came in at the higher end of the guidance range and profits were in line with expectati