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15/05/2007 | 08:00 CEST | Financial news

Full Year Results 2006/07

Sales hit the billion mark and profitability further improves.

Further improvement of the competitive capabilities of the Phonak Group

  • Sales increase of 23.8% to CHF 1.073 billion
  • Internal sales growth of 16.1% (in local currencies and excluding acquisitions) is significantly higher than the hearing instrument market growth
  • EBITA margin rises to 26.4% (previous year 24.7%)
  • Income after taxes grows by 40.0% to CHF 243 million or 22.6% of sales
  • Market share gains in all major markets
  • Several new, highly competitive hearing systems were launched at the AAA (American Academy of Audiology) convention held in Denver, USA, in April 2007: Audéo, the Personal Communication Assistant, Una in the entry-level segment and Moxi from Unitron Hearing
  • The Phonak Group expects to outgrow the hearing instrument market once again in 2007/08