First Impressions Profit Report: COHCLEAR (COH) - FY15 result weaker than expected
Cochlear implant (CI) sales revenue, including sound processor upgrades, was up 15% to $826.8m on the prior year and implant unit sales up 3% to 26,838. Weaker than anticipated sales in the Americas and EMEA more than offset the better result from Asia Pacific. View the report here: (VIEW LINK)
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Bell Potter Securities is a leading Australian stockbroking, investment and financial advisory firm that provides a comprehensive offering of financial services to a diversified client base that includes individuals, institutions and corporations.