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AMFPY On Other Exchanges
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amplifon spa-unsp adr (AMFPY) Details

Amplifon S.p.A. engages in the distribution, fitting, adaptation, and personalization of hearing systems for those suffering from hearing disabilities. It also sells other products, such as batteries and accessories. The company sells its products through a network of approximately 2,100 hearing aids and accessories stores, and 3,200 shop-in-shops and corners, as well as through 3,100 independently-owned franchised stores and network affiliates under the brand names of Amplifon, Beter Horen, Medtechnica Orthophone, Maxtone, Miracle Ear, Elite Hearing Network, Direito de Ouvir, National Hearing Care, and Bay Audiology. It operates in Italy, France, Germany, Switzerland, the Netherlands, Belgium, Luxemburg, the United Kingdom, Ireland, Spain, Portugal, Hungary, Poland, Turkey, Israel, the United States, Canada, Australia, New Zealand, India, Egypt, and Brazil. The company was founded in 1950 and is headquartered in Milan, Italy. Amplifon S.p.A. is a subsidiary of Ampliter N.V.

5,789 Employees
Last Reported Date: 03/10/15
Founded in 1950

amplifon spa-unsp adr (AMFPY) Top Compensated Officers

Chief Executive Officer, Managing Director, G...
Total Annual Compensation: €2.1M
Compensation as of Fiscal Year 2014.

amplifon spa-unsp adr (AMFPY) Key Developments

Amplifon SpA Presents at The Italy Conference 2015, Sep-15-2015 02:30 PM

Amplifon SpA Presents at The Italy Conference 2015, Sep-15-2015 02:30 PM. Venue: Principe di Savoia, Milan, Italy. Speakers: Franco Moscetti, Chief Executive Officer, Managing Director, Group Business Development Director and Executive Director.

Amplifon SpA Announces Consolidated Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Earnings Guidance for the Year 2015

Amplifon SpA announced consolidated unaudited earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported group operating profit of INR EUR 41,482,000 against EUR 38,854,000 a year ago. Operating result before the amortization and impairment of customer lists, trademarks, non-competition agreements and goodwill arising from business combinations (EBITA) was EUR 32,347,000 against EUR 31,195,000 a year ago. Operating profit (EBIT) was EUR 28,575,000 against EUR 27,445,000 a year ago. Profit before tax was EUR 24,278,000 against EUR 21,181,000 a year ago. Net profit attributable to the group was EUR 15,017,000 against EUR 12,552,000 a year ago. For the half year, the company reported EBIT of EUR 46,264,000 against EUR 35,358,000 a year ago. Cash flow provided by operating activities was EUR 36,986,000 against EUR 36,124,000 a year ago. Profit before tax was EUR 32,430,000 against EUR 23,415,000 a year ago. Net profit attributable to the group was EUR 18,549,000 against EUR 22,563,000 a year ago. Gross operating profit (EBITDA) was EUR 71,798,000 against EUR 57,501,000 a year ago. The group's profitability improved significantly in both absolute terms and as a percentage of sales driven by higher sales and the positive exchange effect. Net financial debt amounted to EUR 257.0 million, an increase with respect to the EUR 248.4 million reported at December 31, 2014 due to period seasonality and the payment of dividends. For the rest of 2015 the group expects to confirm the positive trend in sales and in profitability, continuing to sustain the organic growth through adequate investments in marketing and communication, including digital channels, and CRM initiatives. In Europe, in particular, growth is expected to continue and profitability to improve.

Amplifon SpA, H1 2015 Earnings Call, Jul 23, 2015

Amplifon SpA, H1 2015 Earnings Call, Jul 23, 2015


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Price/Sales 1.5x
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Price/Cash Flow 16.5x
TEV/Sales 1.0x

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