Replay available

Cochlear Plc Ord (CHEOF) Q2 2024 Earnings Call

Cochlear Plc Ord (OTC: CHEOF) Q2 2024 earnings conference call, held 2024-02-18. Replay captured from the company's public earnings webcast.

Sun, February 18, 2024 at 6:00 PMendedReplay
Cochlear Plc Ord (CHEOF) Q2 2024 Earnings Call

Hosted by

Featured presenters

David Stanton

Analyst, Jefferies

Saul Hadasson

Analyst, Baron Joey

Steve Ween

Analyst, Jarden

Sean Lamar

Analyst, Morgan Stanley

Andrew Goodsall

Analyst, MST

Gretel Janu

Analyst, E&P

Leanne Harrison

Analyst, Bank of America

Dick Howitt

Chief Executive Officer and President

Investor webinar replay

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:03.536 All participants are in a listen-only mode. 00:00:03.536 -- 00:00:07.421 There will be a presentation followed by a question and answer session. 00:00:07.421 -- 00:00:11.447 If you wish to ask a question, you will need to press the star key followed by the number 00:00:11.447 -- 00:00:15.933 one on your telephone keypad. I would now like to hand the conference over to Mr Dick 00:00:15.933 -- 00:00:18.737 Howitt, CEO and President. Please go ahead. 00:00:18.737 -- 00:00:20.680 Thank 00:00:20.680 -- 00:00:25.326 you all for joining and good morning and good to have you with us. 00:00:25.326 -- 00:00:31.169 We'll get underway. I will present and then stew and then open up for questions 00:00:31.169 -- 00:00:33.272 after that. 00:00:33.272 -- 00:00:37.376 So let's get started. And we always like to start with our mission. 00:00:37.376 -- 00:00:42.302 It not only reminds us of what we're doing and why we're doing, but it's actually at 00:00:42.302 -- 00:00:47.308 a higher level is a guide to our strategy, looking at the need 00:00:47.308 -- 00:00:52.854 to raise awareness and change how hearing loss is treated and ensuring that we continue 00:00:52.854 -- 00:00:57.217 to innovate and support our customers throughout their lifetimes. 00:00:57.288 -- 00:01:02.352 Okay, so let's jump into the results. Obviously, it was a good first half result, particularly 00:01:02.352 -- 00:01:07.037 driven by the strength of cochlear implant units. 00:01:07.037 -- 00:01:10.720 They were obviously higher than we expected with 14%. 00:01:10.720 -- 00:01:15.784 Growth and services grew strongly as we expected close to the launch 00:01:15.784 -- 00:01:20.849 of Nucleus 8. I think underlying the result is further 00:01:20.849 -- 00:01:27.360 indications that...