Sonova eyes revenue of $7.6 billion by 2030/31 in strategy update
23/03/2026 06:01
March 23 (Reuters) - Swiss hearing aid maker Sonova SOON.S on Monday released its medium‑term guidance in its strategy update as it navigates a slowing hearing aid market and intensifying competition under a new management team. In the medium term, the world's largest maker of hearing aids expects average annual sales growth of between 5% and 10% in local currencies, with ambitions of reaching 6 billion Swiss francs ($7.6 billion) in revenue by the financial year 2030/31. It also expects core operating profit growth of between 7% and 12% during the period. ($1 = 0.7893 Swiss francs) (Reporting by Amir Orusov, Editing by Miranda Murray) ((Amir.orusov@thomsonreuters.com))