WS Audiology

WS Audiology
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Formed in 2019, through the merger of Sivantos and Widex, WS Audiology combines over 140 years’ experience in pioneering the use of technology to help people with hearing loss hear the sounds that make life wonderful. We are active in over 125 markets and employ more than 11,000 people worldwide. Our broad portfolio of leading hearing related products and services generates annual revenues of around EUR 1.7 billion. WS Audiology is privately owned by the Tøpholm and Westermann families, as well as funds under the management of EQT. As a global leader, our ambition is to unlock human potential by making wonderful sound part of everyone’s life.

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WS Audiology delivers solid performance in 2019/20 despite COVID-19

Thu, Jan 28, 2021 08:01 CET

Copenhagen, Denmark – Hearing aid and hearing health service provider WS Audiology today announced its annual results for the period October 1, 2019 to September 30, 2020. WS Audiology delivered solid performance and financial results in the fiscal year 2019/20 considering the COVID-19 pandemic. The company maintained satisfactory revenue and earnings despite a significant drop of sales during spring as the world closed-down, due to a strong recovery in summer and fall.Highlights · Revenue at EUR 1,738 million (organic growth of -11%) · Adjusted EBITDA of EUR 331 million (19%

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WS Audiology delivers solid performance in 2019/20 despite COVID-19

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