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 Openings6
Revenue (FY, 2018)CHF2.8 B(+5%)
Share Price (May 2021)CHF273

Key People/Management at Sonova

Arnd Kaldowski

Arnd Kaldowski

CEO
Robert F. Spoerry

Robert F. Spoerry

Chairman, Non-Executive Member
Hartwig Grevener

Hartwig Grevener

CFO
Beat Hess

Beat Hess

Vice-Chairman, Non-Executive Member
Claude Diversi

Claude Diversi

Group Vice President HI Wholesale
Lynn Dorsey Bleil

Lynn Dorsey Bleil

Non-Executive Member
Show more

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
Show all (10)

Sonova Financials and Metrics

Sonova Revenue

Embed Graph
View revenue for all periods
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 (7-May-2021)

17.2b

Closing stock price (7-May-2021)

273.0

Cash (30-Sept-2019)

242.0m

EV

17.6b
Sonova's current market capitalization is CHF17.2 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
Show all financial metrics

Sonova Operating Metrics

FY, 2016FY, 2017FY, 2018

Countries

505050

Markets

1218

Patent Applications

5481

Patents Issued

1.5 k1.6 k
Show all operating metrics

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.
Show more

Sonova Revenue Breakdown

Embed Graph

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 Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

60-79

out of 100

CSRHub logo

Sonova Online and Social Media Presence

Embed Graph

Sonova News and Updates

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)
Show more

Sonova Blogs

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…

First half results 2020/21: Strong performance in light of market headwinds

First half results 2020/21: Strong performance in light of market headwinds susann.davis Mon, 11/16/2020 - 07:00 Stäfa (Switzerland), November 16, 2020 – Sonova Holding AG, a leading provider of hearing solutions, today announces its results for the first half of fiscal y…

“Dancing makes me happy, and I want to pass this on”

“Dancing makes me happy, and I want to pass this on” susann.davis Thu, 10/29/2020 - 09:10 Even as a little girl, Tianjiao (Jiaojiao) Zhang knew she wanted to become a dancer, despite her profound hearing loss.She has been supported in this endeavour by hearing aids from So…

Roadshow Half-Year Results 2020/21

Roadshow Half-Year Results 2020/21 susann.davis Mon, 10/12/2020 - 09:51 Our virtual roadshow will take place from November 17 to November 24, 2020 following the presentation of the half-year results 2020/21 on Monday, November 16, 2020. We kindly ask for your understanding…

Sonova raises guidance reflecting faster business recovery and expects to return to growth in 2H 2020/21

Sonova raises guidance reflecting faster business recovery and expects to return to growth in 2H 2020/21 admin Mon, 09/28/2020 - 07:00 Stäfa (Switzerland), September 28, 2020 – Sonova Holding AG, a leading provider of hearing solutions, today raises its guidance for …

Connect Hearing Canada (@ConnectHearingCanada) (991495455)

Connect Hearing Canada (@ConnectHearingCanada) (991495455) Anonymous (not verified) Tue, 08/25/2020 - 18:01 Text We’re going LIVE today at 11am PST/ 2pm EST with Dr. Christiane Basilio! Tune in to learn some everyday communication strategies you can use for better understandin…
Show more

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 Hartwig Grevener.

  • 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 WS Audiology, Stryker and Smith & Nephew.

  • 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.