Sonova Holding AG - Company Profile
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Sonova Holding AG (Sonova) manufactures and distributes technologically advanced wireless communication systems and hearing aids. The company provides a wide range of digital hearing instruments, high tech specialty products, complementary wireless communications systems and cochlear implant systems amongst others. Robust portfolio of products and services, international presence, and focus on innovation provide an edge to the company over its competitors, even as increasing trade receivables could be a cause for concern for the company. Growing global ENT devices market, launch of new products, and strategic contracts could provide growth prospects to the company. However, insurance restriction on hearing aids, competitive environment, and technological advancements could have an adverse effect on the company's results of operations and financial performance.
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