November 21, 2023Business Desk

Hearing aid maker Sonova lowers annual core profit forecast

The Swiss company lowered forecast citing higher investments to sustain the positive trajectory in its Hearing Instruments and Audilogical Care businesses

Source: Sonova

It expects its annual adjusted earnings before interest, taxes and amortisation (EBITA) to grow between 4% and 8% at constant exchange rates, from 6% to 10% earlier

Source: Sonova