Cochlear Ltd (FRA:OC50)
€ 87 -1 (-1.14%) Market Cap: 11.39 Bil Enterprise Value: 11.22 Bil PE Ratio: 53.35 PB Ratio: 10.31 GF Score: 87/100

Full Year 2024 Cochlear Ltd Earnings Call Transcript

Aug 15, 2024 / 12:00AM GMT
Release Date Price: €100 (-2.91%)
Operator

Over to Mr. Dick Hallett, CEO and President. Please go ahead.

Diggory Howitt
Cochlear Ltd - President, Chief Executive Officer, Executive Director

Good morning, everyone. Thank you for joining for our 2024 results updates. Let's get started. As always, we like to start with our mission. Our mission is the inspiration for employees at Cochlear, but also at a high level guides our strategy and the core of our strategy is focused on the middle piece of our mission. We transform the way people understand and treat hearing loss. Hearing loss is one of the most prevalent medical conditions out there and one of the least treated. That's our opportunity and that's the core of our strategy.

So let's get into having a look at FY 2024. The highlight of the year for us was helping over 47,000 people hear with one or two of our implants. And in doing so, we created over AUD8 billion of value for society. The way we think about how we create value is in terms of the overall banner and then the five pillars that we showed here. So I'm going to talk about a lifetime

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