WS Audiology delivers solid underlying revenue growth with an adjusted EBITDA margin of 18.9%
COPENHAGEN, Denmark – Hearing aid and hearing health services company WS Audiology A/S today announced its results for the period May 1, 2018 to September 30, 2019. It is the first reporting period for the privately-owned company formed on March 1, 2019 by the merger of the assets of Widex A/S and Sivantos Pte Ltd.
During the period, comprising 17 months of Widex A/S and 7 months of Sivantos Pte Ltd, the company delivered a total revenue of EUR 1,670 million. Adjusted EBITDA ended at EUR 316 million, corresponding to an adjusted EBITDA margin of 18.9%.