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Amplifon SpA (AMPF.MI)

AMPF.MI on Milan Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Amplifon Announces Joint Venture With Local Partner Aimed At Entering Chinese Retail Hearing Care Market
Monday, 12 Nov 2018 

Nov 12 (Reuters) - Amplifon SpA ::ANNOUNCES JOINT VENTURE WITH LOCAL PARTNER AIMED AT ENTERING CHINESE RETAIL HEARING CARE MARKET.AMPLIFON HOLDS 51% OF JOINT VENTURE NAMED BEIJING COHESION HEARING SCIENCE & TECHNOLOGY CO. LTD..  Full Article

Amplifon Q3 Net Profit Up At EUR 11.8 Mln
Tuesday, 30 Oct 2018 

Oct 30 (Reuters) - Amplifon SpA ::Q3 REVENUE EUR 304.8 MILLION VERSUS EUR 278.0 MILLION YEAR AGO.Q3 NET PROFIT EUR 11.8 MILLION VERSUS EUR 10.1 MILLION YEAR AGO.Q3 EBITDA EUR 36.1 MILLION VERSUS EUR 36.0 MILLION YEAR AGO.EXPECTS GROWTH TREND, BOTH ORGANIC AND EXTERNAL, TO CONTINUE IN Q4 IN ALL GEOGRAPHIC AREAS.CONFIRMS IT EXPECTS TO ENTER THE CHINESE MARKET BY THE END OF THE YEAR.  Full Article

Amplifon H1 Net Profit Up At EUR 47.0 Mln
Thursday, 26 Jul 2018 

July 26 (Reuters) - Amplifon SpA ::H1 NET PROFIT EUR 47.0 MILLION VERSUS EUR 38.1 MILLION YEAR AGO.H1 REVENUE EUR 659.6 MILLION VERSUS EUR 623.8 MILLION YEAR AGO.H1 EBITDA EUR 109.9 MILLION VERSUS EUR 100.9 MILLION YEAR AGO.FOR SECOND HALF OF 2018 EXPECTS TO CONTINUE RECORDING FAVORABLE GROWTH TREND, REPORTING INCREASE IN REVENUES ABOVE MARKET.REITERATES IT BELIEVES IT CAN ACHIEVE MEDIUM-LONG TERM TARGETS.  Full Article

Amplifon Expects Better Organic Growth In Q2 In Americas - conf call
Wednesday, 2 May 2018 

May 2 (Reuters) - Amplifon SpA ::EXPECTS BETTER ORGANIC GROWTH IN Q2 IN THE AMERICAS AFTER SOFT JANUARY DUE TO WEATHER.  Full Article

Italy's Amplifon eyes acquisitions in Germany, France, Canada - CEO
Monday, 26 Mar 2018 

March 26 (Reuters) - Amplifon CEO Enrico Vita tells media call::EXPECTS TO ENTER CHINESE MARKET BY YEAR-END WITH ONE OR TWO JOINT-VENTURES.TARGETS ACQUISITIONS IN GERMANY, FRANCE AND CANADA TO ADD 500 OUTLETS, ANOTHER 200 WILL BE NEW SHOP OPENINGS, MOSTLY IN SPAIN.RULES OUT SELLING UK BUSINESS.BUSINESS PLAN DOES NOT ENVISAGE TRANSFORMATIONAL DEAL BUT GROUP WOULD BE READY TO PURSUE BIGGER TARGETS.2017 PAYOUT POLICY IS "AT THE VERY LEAST" SUSTAINABLE IN THE FUTURE.BELIEVES GROUP HAS RIGHT BUSINESS MODEL, VERTICAL INTEGRATION WITH MANUFACTURERS HAS PROS AND CONS.  Full Article

Amplifon Targets EBITDA Margin Of 18.5 Pct In 2020
Monday, 26 Mar 2018 

March 26 (Reuters) - AMPLIFON SPA ::TARGETS EBITDA MARGIN OF 18.5% IN 2020.SEES TAX RATE IN 2018-2020 BELOW 30 PERCENT.AIMS AT GENERATING AROUND 600 MILLION EUROS OF CUMULATED OPERATING CASH FLOW FOR 2018-2020.EXPECTS NET PROFIT TO GROW IN 2018-2020.EXPECTS INVESTMENTS OF AROUND 480 MILLION EUROS FOR CAPEX AND CASH-OUT FOR ACQUISITIONS IN 2018-2020.PLANS NETWORK EXPANSION OF AROUND 700 NEW STORES BY 2020.EXPECTS REVENUES TO GROW AT A HIGH-SINGLE DIGIT COMPOUND ANNUAL GROWTH RATE (CAGR) IN 2018-2020.  Full Article

Amplifon says hurricanes had 100-150 bps impact on N.America revenues
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - AMPLIFON SPA ::ESTIMATES HURRICANES IN U.S. HAD ROUGHLY AN IMPACT OF 100-150 BASIS POINTS ON NORTH AMERICA REVENUE GROWTH IN Q3 - CONF CALL‍​.  Full Article

Amplifon Q3 net profit up at EUR 10.1‍​ mln
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - AMPLIFON SPA ::Q3 NET PROFIT EUR 10.1‍​ MILLION VERSUS EUR 9.7 MILLION YEAR AGO.Q3 REVENUE EUR 278.0 ‍​MILLION VERSUS EUR 259.7 MILLION YEAR AGO.EXPECTS IN Q4 FAVORABLE GROWTH TREND, BOTH ORGANIC AND EXTERNAL, IN ALL GEOGRAPHIC AREAS‍​.IS "STRONGLY CONFIDENT" IN ACHIEVING MEDIUM-LONG TERM TARGETS.  Full Article

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Amplifon shares hit record on $617 million Gaes Group deal

Italian hearing aid maker Amplifon SpA has agreed to buy privately owned Gaes Group for 528 million euros ($616.6 million) in cash, in a bid to become the biggest player in Spain and also enter new markets.