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 Ratings3.7

Latest Updates

Employees (est.) (Sept 2019)14,985(+2%)
Job Openings363
Revenue (FY, 2018)CHF2.8 B(+5%)
Share Price (May 2022)CHF334.1(+6%)
Cybersecurity ratingBMore
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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, McMahons Point and in 6 other locations
Stäfa, CH (HQ)
28 Laubisrütistrasse
Opfikon, CH
Europa-Strasse 29
Steinhausen, CH
Turmstrasse 26
McMahons Point, AU
50 Victoria St
Suzhou Shi, CN
78 Qi Ming Lu, Wuzhong Qu
Tampere, FI
Tullikatu 6
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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 (13-May-2022)

20.8b

Closing stock price (13-May-2022)

334.1

Cash (30-Sept-2019)

242.0m

EV

21.2b
Sonova's current market capitalization is CHF20.8 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: 8.3% from Americas (excl. USA), 9.7% from Asia/Pacific, 55.0% from EMEA and 27.0% from USA

Sonova Cybersecurity Score

Cybersecurity ratingPremium dataset

B

81/100

SecurityScorecard logo

Sonova Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

60-79

out of 100

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Sonova Online and Social Media Presence

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Sonova News and Updates

HR Insights Consulting Joins Hands With Sonova to Promote a More Enthusiastic Global Work Culture

Standing amongst the most trusted Human Resources talent solutions providers, HR Insights Consulting is creating organizational breakthroughs via technology and actionable on-demand solutions. The company recently launched a national initiative with Sonova, a global leader in innovative hearing care…

Worldwide Hearing Aid Industry to 2026 - Featuring Sonova Holding, Demant and Starkey Among Others

Dublin, Nov. 25, 2021 (GLOBE NEWSWIRE) -- The "Global Hearing Aid Market (2021 Edition) - Analysis By Hearing Devices (BTE, ITE, RIC, ITC and CIC), Type of Hearing Loss, Technology, Patient Type, By Region, By Country: Market Insights and Forecast with Impact of COVID-19 (2021-2026)" report has be…

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 […]
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Sonova Blogs

Sonova concludes 2021-22 share buyback and will start a new three-year buyback program of up to CHF 1.5 billion

Sonova concludes 2021-22 share buyback and will start a new three-year buyback program of up to CHF 1.5 billion admin Tue, 03/29/2022 - 07:00 Stäfa (Switzerland), March 29, 2022 – Sonova Holding AG, a leading provider of hearing care solutions, today announces the comple…

"I love taking a dream and making it reality"

"I love taking a dream and making it reality" rick.trenidad@… Thu, 03/17/2022 - 13:54 Meet ambitious shaper Christoph Schmid, who works as Head of Project Office at Sonova Communications in Murten, Switzerland. From idea to reality I’ve led projects throughout my career wi…

How to take control of tinnitus

How to take control of tinnitus susann.davis Mon, 02/07/2022 - 13:14 At Sonova we want everyone to be able to enjoy the delight of hearing and live a life without limitations. Tinnitus is a condition that affects millions of people around the world. Tinnitus can be intrusi…

Sonova to increase presence in US market: Acquisition of leading audiological care network

Sonova to increase presence in US market: Acquisition of leading audiological care network admin Thu, 01/13/2022 - 18:30 Stäfa (Switzerland), January 13, 2022 – Sonova Holding AG, a leading provider of hearing care solutions, has signed an agreement to acquire Alpaca Audio…

Exciting insights into the fascinating world of hearing

Exciting insights into the fascinating world of hearing isabelle.bauma… Thu, 10/21/2021 - 15:00 Hearing is the most underestimated human sense. Our ears perceive what is happening around the clock. Stefan Launer, Senior Vice President Audiology & Health Innovation at Sonova, a…

Update on expected closing of Sennheiser Consumer Division acquisition

Update on expected closing of Sennheiser Consumer Division acquisition admin Tue, 10/19/2021 - 07:00 Stäfa (Switzerland), October 19, 2021 – Sonova Holding AG, a leading provider of hearing solutions, today announced that it expects to close the planned acquisition of the…
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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, McMahons Point and in 6 other locations.

  • How many offices does Sonova have?

    Sonova has 11 offices.