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Amplifon SpA (AMPF.MI)

AMPF.MI on Milan Stock Exchange

18.85EUR
14 Aug 2018
Change (% chg)

€0.12 (+0.64%)
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€18.73
Open
€18.87
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€18.68
Volume
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€19.90
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Tue, Jul 24 2018

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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.

UPDATE 2-Amplifon shares hit record on $617 mln Gaes Group deal

* Deal expected to add to Amplifon EPS from 1st year (Adds share price, analyst comment)

Italian hearing aid maker Amplifon to buy Gaes Group for $617 million

July 24 Italian hearing aid maker Amplifon SpA said on Tuesday it agreed to buy privately owned peer GAES Group for an equity value of 528 million euros ($616.6 million), in a bid to enter the Latin American markets and become the No.1 player in Spain.

BRIEF-Amplifon Expects Better Organic Growth In Q2 In Americas - conf call

* EXPECTS BETTER ORGANIC GROWTH IN Q2 IN THE AMERICAS AFTER SOFT JANUARY DUE TO WEATHER Further company coverage: (Gdynia Newsroom)

BRIEF-Amplifon Q1 Net Profit Up 19.3 Pct At EUR 15.2 Mln On Comparable Basis

* Q1 REVENUE EUR 310.3 MILLION VERSUS EUR 296.1 MILLION YEAR AGO ON COMPARABLE BASIS

Amplifon targets deals in Germany, France, Canada, set to enter China

MILAN Italian hearing aid maker Amplifon is targeting acquisitions in Germany, France and Canada and plans to enter the Chinese market by the end of the year with one or two joint-ventures, its chief executive said on Monday.

BRIEF-Italy's Amplifon eyes acquisitions in Germany, France, Canada - CEO

March 26 Amplifon CEO Enrico Vita tells media call:

BRIEF-Amplifon Targets EBITDA Margin Of 18.5 Pct In 2020

* AIMS AT GENERATING AROUND 600 MILLION EUROS OF CUMULATED OPERATING CASH FLOW FOR 2018-2020

BRIEF-Amplifon Q4 Net Profit More Than Doubles To EUR 52.4 Million

* Q4 NET PROFIT EUR 52.4 MILLION VERSUS EUR 24.3 MILLION YEAR AGO

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