Annual Report 2019/20

To our shareholders

Letter to shareholders

Following on from its strong growth momentum over the last two years, Sonova performed well above expectations until mid-March, when the global health and economic crisis resulting from the COVID-19 pandemic severely affected the Group’s business activities. Through its market and innovation leadership, Sonova remains well positioned to benefit from the expected recovery of demand when the situation eases.

Sales

2917
CHF million
+8.7% in local currencies

Group sales were 2,917 million, an increase of 8.7% in local currencies or 5.6% in Swiss francs. This was driven both by organic growth and bolt-on acquisitions.

EBITA

621
CHF million
+10.4 in local currencies

The adjusted Group EBITA reached CHF 620.8 million, up 10.4% in local currencies or 4.5% in Swiss francs. As reported, Group EBITA reached CHF 554.3 million, an increase of 1.0% in local currencies vs. the prior year.

Key figures

Sales
in CHF m

Sales by regions
in 2019/20 in %

Adjusted EBITA
in CHF m

Adjusted EPS
in CHF

Operating Free Cash Flow
in CHF m

Number of
employees

Feature Story

Reading time 3 minutes

From teen to teen

Reading time 3 minutes

A new world of hearing

Reading time 3 minutes

Collaboration based on trust

Reading time 3 minutes

Global networking for diversity and inclusion

Reading time 3 minutes

Phuong can hear raindrops

Annual Report 2019/20

Go Top