European hearing aid companies drop after Amplifon's Q2 results, guidance cut

Sonova Holding AG

30/07/2025 11:48

** Shares in European hearing aid companies fall after Italy's Amplifon AMPF.MI cut its 2025 guidance on Tuesday, reporting a drop in second-quarter core profit

** Shares in Amplifon drop as much as 27% to their lowest since March 2020

** Sonova SOON.S slides 3%, GN GN.CO falls 4.6%, while Demant DEMANT.CO drops almost 9%

** Urs Kunz, an analyst from Research Partners AG, says Amplifon's results were "very disappointing" and links its rivals' share price move to that

** Kunz adds, however, the companies performed better in Q2 and views the reaction as exaggerated

 (Reporting by Anastasiia Kozlova)

 ((Anastasiia.Kozlova@thomsonreuters.com))