Sivantos Group is a pure play manufacturer of hearing aids with more than 100 years of experience in audiology. We are among the three largest manufacturers by volume and revenue. Our innovative and technologically advanced hearing aids, complementary diagnostics workflow solutions and services have helped us attain leading market positions in many countries around the world.
Market trends and drivers
Sivantos operates in a highly attractive market with healthy, non-cyclical growth driven by a growing addressable population due to:
- The overall aging population,
- Noise pollution from daily life, and
- Increasing social acceptance thanks to further improved technology.
Going forward technological innovation including trends like true binaural audio processing and connectivity will be key for the industry.
We are focused on driving commercial excellence, significant investments into R&D to ensure future technology platforms continue to be best-in-class, and driving operational excellence to secure a competitive cost position.
Our fiscal year runs from Oct 1 to Sep 30.
The main industry events we attend during the year include AudiologyNOW! (scheduled April 5-8, 2017 in Indianapolis, IN) and the EUHA (scheduled October 18 – 20, 2017 in Nuremberg, Germany).
Investor Notice: Organizational Announcements
(Nov 11, 2016) Effective Dec 1, 2016, Ignacio Martinez will be taking over the role of Group CEO Sivantos Group. Roger Radke, current Group CEO, has decided to retire from the Sivantos Group effective end of November 2016. Link to Press Release.
(Mar 29, 2016) Effective July 1, 2016, Dr. Wolfgang Ollig joins Sivantos as Chief Financial Officer (CFO) of the Sivantos Group and become a member of the Management Board. Link to Press Release.
(Nov 2, 2015) Effective immediately, Oliver Walker, CFO Sivantos Group will pursue opportunities outside of Sivantos for personal reasons. Jens Due Olsen, currently chairman of the advisory board of Auris Luxembourg III S.à r.l., will be leading the finance organization until further notice.