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Cochlear Boosts Revenue 5%, Prepares Next-Gen Implants for Mid-2025 Launch

7:30am on Friday 14th of February, 2025 AEDT Healthcare
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Cochlear Boosts Revenue 5%, Prepares Next-Gen Implants for Mid-2025 Launch

7:30am on Friday 14th of February, 2025 AEDT
Key Points
  • Sales revenue up 5% to $1,170 million, with cochlear implant revenue rising 13% in constant currency
  • Statutory net profit increased 7% to $205 million; underlying net profit margin steady at 18%
  • Services revenue declined 12% in constant currency, offset by 22% growth in acoustics
  • Interim dividend increased 8% to $2.15 per share, payout ratio at 68%
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