Sivantos commends record first year and presentation of Signia amplifier mark
Sivantos saw a huge increment in income and profit
New brand Signia to be co-marked with Siemens mark
Sivantos on way to pick up the industrys driving position
Just a single year after the exchange of the Siemens portable hearing assistant business to Sivantos Group, the organization praised a record first year in both income and profit while presenting Signia, its new premium brand of amplifiers. With a methodology concentrated on productive development, Sivantos is making another jolt with exhaustive activities to accomplish the business driving business sector position.
A record first year
In income, the Sivantos Group shut monetary year 2015 as the best in the companys history with a natural development of more than 10%, beating the market. The business operations of the previous Siemens AG portable hearing assistant division have been joined into the Sivantos Group since mid 2015. In the finished first financial year (October 1, 2014 to September 30, 2015) Sivantos accomplished incomes of 835 million euros (October 1, 2013 to September 30, 2014: 693 million euros). The working benefit (EBITDA with standardization) expanded essentially by 31 percent from 157 million euros to 206 million euros. Sivantos is becoming speedier than the opposition and picking up pieces of the overall industry around the world.
Presenting the Signia brand of portable amplifiers
For an economical and free future, Sivantos is presenting Signia, the companys new premium portable amplifier mark. In the mid-term, Signia listening devices will be co-marked with Siemens as the organization gets ready for finish mark independence throughout the following quite a long while. Propelled as right on time as spring 2016, the new listening devices will have both brand names, Signia on one side of the portable amplifier and Siemens on the other.
With the presentation of Signia we manufacture our new image on a strong establishment, co-marking with Siemens throughout the following couple of years, while we build up a brand that interests to a more youthful target gathering, which will fuel our development. We consider it to be a well-thoroughly considered system and a characteristic evolution said Dr. Roger Radke, CEO of the Sivantos Group.
With Signia, Sivantos arrangements to quicken endeavors to develop the market by tending to a more youthful and more extensive gathering of people with custom-made correspondence in contemporary channels. This incorporates building a more passionate, deft and human brand while in the meantime keeping up the Siemens estimations of development and quality. The two brands will be utilized as a part of items, bundling, and in addition showcasing and publicizing.
On track to turning into the business pioneer
The Sivantos Group's expressed objective is to pick up the main position in the portable hearing assistant industry. To accomplish this target and continue the development direction the organization will keep on investing in its business. Sivantos declared expanded spending on innovative work in the present year by another 20 percent to fuel the companys high development control.
Moreover, Sivantos will keep on developing its online nearness to misuse the immense capability of under-served hearing disabled individuals. With the procurement of audibene, the worlds greatest online stage for hearing case administration, Sivantos has picked up a key preferred standpoint. Lead era and client change in the baby boomer fragment is making an incentive for all circulation channels.
More data can be found at www.sivantos.com and www.signia-pro.com