OverviewSuggest Edit

Sonova is a company that engages in the design, development, manufacture, distribution, and service of hearing systems and related products for adults and children with hearing impairment. The сompany offers hearing instruments, cochlear implants, wireless communication solutions, and audiological care. 

TypePublic
Founded1947
HQStäfa, CH
Websitesonova.com
Employee Ratings3.3

Latest Updates

Employees (est.) (Sept 2019)14,985(+2%)
Job Openings292
Revenue (FY, 2018)CHF2.8 B(+5%)
Share Price (Sept 2021)CHF371.7(+4%)
Cybersecurity ratingCMore

Key People/Management at Sonova

Arnd Kaldowski

Arnd Kaldowski

CEO
Robert F. Spoerry

Robert F. Spoerry

Chair, Non-Executive Member
Birgit Conix

Birgit Conix

Chief Financial Officer (CFO)
Claude Diversi

Claude Diversi

Group Vice President HI Wholesale
Lynn Dorsey Bleil

Lynn Dorsey Bleil

Non-Executive Member
Lukas Braunschweiler

Lukas Braunschweiler

Non-Executive Member
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Sonova Office Locations

Sonova has offices in Stäfa, Opfikon, Steinhausen, Suzhou Shi and in 5 other locations
Stäfa, CH (HQ)
28 Laubisrütistrasse
Opfikon, CH
Europa-Strasse 29
Steinhausen, CH
Turmstrasse 26
Suzhou Shi, CN
78 Qi Ming Lu, Wuzhong Qu
Tampere, FI
Tullikatu 6
Corsico, IT
Via Leonardo Da Vinci, 5
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Sonova Financials and Metrics

Sonova Revenue

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Sonova's revenue was reported to be CHF2.76 b in FY, 2018 which is a 4.4% increase from the previous period.
CHF

Revenue (H1, 2019)

1.4b

Gross profit (H1, 2019)

1.0b

Gross profit margin (H1, 2019), %

70.8%

Net income (H1, 2019)

358.4m

EBIT (H1, 2019)

241.2m

Market capitalization (14-Sept-2021)

22.9b

Closing stock price (14-Sept-2021)

371.7

Cash (30-Sept-2019)

242.0m

EV

23.3b
Sonova's current market capitalization is CHF22.9 b.
Annual
CHFFY, 2016FY, 2017FY, 2018

Revenue

2.4b2.6b2.8b

Revenue growth, %

10%4%

Cost of goods sold

743.9m777.7m797.0m

Gross profit

1.7b1.9b2.0b
Half Year
CHFH1, 2016H1, 2017H1, 2018H1, 2019

Revenue

1.1b1.3b1.3b1.4b

Cost of goods sold

346.1m369.8m383.9m416.8m

Gross profit

723.8m883.3m919.4m1.0b

Gross profit Margin, %

68%70%71%71%
Annual
CHFFY, 2016FY, 2017FY, 2018

Cash

374.5m552.1m374.8m

Accounts Receivable

413.4m449.5m520.6m

Inventories

255.7m264.5m282.1m

Current Assets

1.1b1.4b1.3b
Half Year
CHFH1, 2016H1, 2017H1, 2018H1, 2019

Cash

172.9m296.3m484.3m242.0m

Accounts Receivable

384.8m429.4m426.7m428.8m

Inventories

259.6m272.3m259.6m269.2m

Current Assets

925.7m1.1b1.3b1.1b
Annual
CHFFY, 2016FY, 2017FY, 2018

Depreciation and Amortization

147.4m134.8m127.6m

Inventories

3.6m2.2m(15.2m)

Accounts Payable

14.5m(8.3m)12.2m

Cash From Operating Activities

522.4m523.4m533.2m
Half Year
CHFH1, 2016H1, 2017H1, 2018H1, 2019

Depreciation and Amortization

48.3m64.3m63.5m127.6m

Inventories

1.1m(7.1m)2.6m(15.2m)

Accounts Payable

(11.0m)(25.3m)(22.8m)12.2m

Cash From Operating Activities

191.2m203.7m221.7m533.2m
CHFH1, 2017

Debt/Equity

0.4 x

Debt/Assets

0.2 x

Financial Leverage

2 x
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Sonova Operating Metrics

FY, 2016FY, 2017FY, 2018

Countries

505050

Markets

1218

Patent Applications

5481

Patents Issued

1.5 k1.6 k
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Sonova Acquisitions / Subsidiaries

Company NameDateDeal Size
AudioNova International B.VMay 04, 2016€830 m
InSound Medical , Inc.January 06, 2010$75 m
Advanced BionicsNovember 09, 2009$489 m
Advanced Bionics AG
Advanced Bionics Corp.
Advanced Bionics LLC
Audition Santé SAS
Boots Hearing Care Ltd.
Connect Hearing Inc.
Development Finance Inc.
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Sonova Revenue Breakdown

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Sonova revenue breakdown by business segment: 8.6% from Cochlear Implants and 91.4% from Hearing Instruments

Sonova revenue breakdown by geographic segment: 9.7% from Asia/Pacific, 8.3% from Americas (excl. USA), 27.0% from USA and 55.0% from EMEA

Sonova Cybersecurity Score

Cybersecurity ratingPremium dataset

C

71/100

SecurityScorecard logo

Sonova Online and Social Media Presence

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Sonova News and Updates

Worldwide Hearing Aid Industry to 2026 - Key Players Include Sonova Holding, Sivantos and Cochlear Ltd Among Others

Dublin, July 16, 2021 (GLOBE NEWSWIRE) -- The "Hearing Aid Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering. The global hearing aid market exhibited moderate growth during 2015-2020. A hearing aid is…

Worldwide Hearing Aids Industry to 2026 - Featuring Sonova, WS Audiology & Demant Among Others

Dublin, Feb. 08, 2021 (GLOBE NEWSWIRE) -- The "Hearing Aids Market - Global Outlook and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering. In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this Global Hearing Aids Market ReportThe hearing…

Sonova Opens Innovation Lab at Communitech

STÄFA, Switzerland, Nov. 8, 2019 /PRNewswire/ -- Sonova Holding AG, one of the world's leading providers of hearing solutions, today opens an innovation lab inside the Communitech Innovation Hub at Waterloo, Ontario, Canada. With hearing instruments moving from single purpose devices to...

Legal IT Newswire: Global Medical Tech Companies Hamilton Bonaduz and Sonova Select ANAQUA for IP Management

Leading IP software and services provider strengthens presence in DACH region as Switzerland-based innovators join client community BOSTON, September 24, 2019 – Anaqua, the leading provider of innovation and intellectual property management solutions, today announced […]

Bluetooth Hearing Aids Market Is Booming Worldwide | Sonova Holding, Eartone, Siemens Healthcare, Beltone, Cochlear

Get a view on Bluetooth Hearing Aids Market sales by marketing channels. Target important market by region and tap important dynamics of this industry. Posted via Industry Today. Follow us on Twitter @IndustryToday

UPDATE 2-Switzerland's Sonova plays down threat from OTC hearing aids

* Keeps full-year targets, sees better H2 (Adds company comments, background)
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Sonova Blogs

Sonova Investor & Analyst Day 2021: Entering a new phase from a position of strength

Sonova Investor & Analyst Day 2021: Entering a new phase from a position of strength admin Tue, 09/14/2021 - 07:00 Stäfa (Switzerland), September 14, 2021 – Sonova Holding AG, a leading provider of hearing solutions, today holds its annual Investor & Analyst Day. A…

Sonova to strengthen business unit leadership on the Management Board

Sonova to strengthen business unit leadership on the Management Board admin Thu, 07/15/2021 - 07:02 Stäfa (Switzerland), July 15, 2021 – Sonova Holding AG, a leading provider of hearing solutions, announces today that Robert Woolley has been appointed GVP Hearing Instrumen…

"I have so many opportunities"

"I have so many opportunities" susann.davis Mon, 06/07/2021 - 14:52 Meet our Open-Minded Learner, Chase Working at Sonova since 2016 Current Position:  Product Audiology Manager - RIC & Roger Current Location:  Sw…

"It’s a place where you can be you"

"It’s a place where you can be you" susann.davis Mon, 06/07/2021 - 14:28 Meet our Desicion Maker, Christa Working at Sonova since 2012 Current Position:  Brand Manager Unitron Current Location:  New Zealand Previou…

"I know I’m making a difference"

"I know I’m making a difference" marianne.cooke… Mon, 06/07/2021 - 14:18 Meet our Desicion Maker, Chatinder who works as a regional sales manager at Boots Hearing Care in the UK. I knew a lot about Sonova before I joined the company ​ When I was an audiologist, the Son…

Expanding our offering and entering new growth markets – Sonova to acquire Sennheiser Consumer Division

Expanding our offering and entering new growth markets – Sonova to acquire Sennheiser Consumer Division admin Fri, 05/07/2021 - 07:00 Stäfa (Switzerland), May 7, 2021 – Sonova Holding AG, a leading provider of hearing solutions, has signed an agreement to acquire the Consu…
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Sonova Frequently Asked Questions

  • When was Sonova founded?

    Sonova was founded in 1947.

  • Who are Sonova key executives?

    Sonova's key executives are Arnd Kaldowski, Robert F. Spoerry and Birgit Conix.

  • How many employees does Sonova have?

    Sonova has 14,985 employees.

  • What is Sonova revenue?

    Latest Sonova annual revenue is CHF2.8 b.

  • What is Sonova revenue per employee?

    Latest Sonova revenue per employee is CHF184.4 k.

  • Who are Sonova competitors?

    Competitors of Sonova include Medline Industries, WS Audiology and Stryker.

  • Where is Sonova headquarters?

    Sonova headquarters is located at 28 Laubisrütistrasse, Stäfa.

  • Where are Sonova offices?

    Sonova has offices in Stäfa, Opfikon, Steinhausen, Suzhou Shi and in 5 other locations.

  • How many offices does Sonova have?

    Sonova has 10 offices.