Sonova Holding AG (SONVF.PK) reported fiscal year 2012/13 income after taxes of CHF 112.0 million or CHF 1.66 per share, compared to CHF 246 million or CHF 3.71 per share last year. Normalized income after taxes was CHF 308.9 million or CHF 4.61 per share. The Group said its reported results were impacted by one-off costs of CHF 203.6 million included under other operating expenses.
Reported EBITA was CHF 182.8 million, which fully accounts for one-off costs, mainly related to a provision increase to cover potential liabilities in the wake of a 2006 product recall by Advanced Bionics, more than three years prior to its acquisition by Sonova in 2009. Normalized for one-off costs, EBITA was CHF 386.4 million for the quarter.
Group sales were CHF 1.80 billion; an increase of 10.8% in Swiss francs and 7.4% in local currencies.
The Board of Sonova Holding AG will propose to the 2013 AGM an increased distribution of CHF 1.60 per share, which represents an increase of 33% compared to the prior financial year.
Sonova Holding expects continued solid growth in sales and earnings in 2013/14, both in the hearing instruments and cochlear implants segment. Overall sales are anticipated to grow by 6% to 8% and EBITA to rise by 9% to 13%, both measured in local currencies and on a normalized basis.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.