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01/06/2006 | 08:00 CEST | Financial results

Full Year Results 2005/06

Significant market share gains and sharp rise in profitability

In the pole position for further sustainable growth. Ongoing improvement of the competitive capabilities of the Phonak Group

 

  • Sales increase of 31% to CHF 867 million
  • Internal sales growth of 24% (in local currencies and excluding acquisitions) is several times higher than the hearing instrument market growth
  • EBIT margin rises to 24% (previous year 19%)
  • Income after taxes grows by 80% to CHF 172 million
  • Savia establishes itself as the benchmark product in the hearing instrument industry
  • Market share gains in all major markets
  • Several new, highly competitive hearing systems were launched at the AAA: microPower, Verve, and Indigo
  • The Phonak Group expects to outgrow the hearing instrument market once again in 2006/07