Brief: Cochlear Reduces Underlying Net Profit Guidance For Fy26 To A$290-330 Million

Cochlear

22/04/2026 02:32

April 22 (Reuters) - Cochlear Ltd COH.AX:

TRADING UPDATE AND REDUCTION TO FY26 EARNINGS GUIDANCE

SEES SECOND HALF SALES GROWTH OF 2-6% IN CONSTANT CURRENCY

REDUCES UNDERLYING NET PROFIT GUIDANCE FOR FY26 TO A$290-330 MILLION

ACCELERATING PLANS TO  RESHAPE COST BASE TO PROVIDE INCREASED CAPACITY TO INVEST IN GROWTH

SINCE JANUARY, TRADING CONDITIONS FOR COCHLEAR IMPLANTS IN DEVELOPED MARKETS HAVE BEEN SOFTER THAN EXPECTED

THERE IS HEIGHTENED UNCERTAINTY TO Q4 SALES FROM MIDDLE EAST DUE TO CONFLICT

MAY NEED TO CONSIDER PROVISIONING SOME RECEIVABLES DUE TO M.EAST CONFLICT, UP TO A$10 MILLION POTENTIAL NET PROFIT IMPACT

Further company coverage: COH.AX

 ((Reuters.Briefs@thomsonreuters.com;))