Business
Cochlear boss warns of second wave risks to elective surgery return – Sydney Morning Herald
The hearing implant maker says the strategy stays the same in tough conditions – but warns of potential disruption from second waves.
Despite this, Mr Howitt warned in an address at the company’s AGM that the emergence of the second waves of the virus around the world could hamper recovery plans. “Second waves of COVID19 cases are likely to remain a reality for some time and may result in new restrictions to elective surgery, complicating recovery plans and timing,” he said.
The company declined to provide earnings guidance because of this and told investors it would instead provide more regular trading updates.
Mr Howitt to…
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