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Amplifon SpA (AMPF.MI)

AMPF.MI on Milan Stock Exchange

22.30EUR
16 Aug 2019
Change (% chg)

€0.28 (+1.27%)
Prev Close
€22.02
Open
€22.00
Day's High
€22.38
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€21.86
Volume
734,344
Avg. Vol
710,335
52-wk High
€22.66
52-wk Low
€13.42

Latest Key Developments (Source: Significant Developments)

Elite Hearing Network Announces Partnership With Hear Billing Solutions
Thursday, 14 Mar 2019 

March 14 (Reuters) - Elite Hearing Network::ELITE HEARING NETWORK - ANNOUNCES STRATEGIC PARTNERSHIP WITH HEAR BILLING SOLUTIONS.  Full Article

Amplifon Q4 EBITDA Without IFRS 15 At EUR 84.5 Mln
Tuesday, 5 Mar 2019 

March 5 (Reuters) - Amplifon SpA ::Q4 NET REVENUE EUR 399.5 MILLION VERSUS EUR 364.2 MILLION YEAR AGO.Q4 NET PROFIT WITHOUT IFRS 15 EUR 45.8 MILLION VERSUS EUR 52.4 MILLION YEAR AGO.Q4 EBITDA WITHOUT IFRS 15 EUR 84.5 MILLION VERSUS EUR 75.6 MILLION YEAR AGO.PROPOSES DIVIDEND OF EUROCENTS 14 PER SHARE, UP 27.3 PERCENT YOY.SAYS EXPECTS A CONTINUED INCREASE IN RECURRING EBITDA THANKS TO A SIGNIFICANT INCREASE IN REVENUES.REITERATES ITS CONFIDENCE IN THE ABILITY TO ACHIEVE ITS MEDIUM-LONG TERM TARGETS.TARGETS HAVE BEEN UPDATED FOLLOWING THE COMPLETION OF THE GAES ACQUISITION.EXPECTS TO POST CONSOLIDATED REVENUES IN THE RANGE OF 1,800 AND 1,860 MILLION EUROS IN 2020.EXPECTS TO POST RECURRING EBITDA BETWEEN 330 AND 345 MILLION EUROS IN 2020.EXPECTS TO POST OPERATING CASH FLOW OF APPROXIMATELY 260 MILLION EUROS IN 2020.SAYS BOD TO SUBMIT A PROPOSAL TO THE ANNUAL SHAREHOLDERS' MEETING TO AUTHORIZE A NEW SHARE BUY-BACK PROGRAM.COMPANY ALSO EXPECTS NET PROFIT TO GROW IN 2020.AIMS AT GENERATING ABOUT 480 MILLION EUROS CUMULATED OPERATING CASH FLOW IN THE TWO-YEAR PERIOD 2019-2020.SAYS AIMS IN 2020 TO A NET DEBT/EBITDA RATIO OF APPROXIMATELY 2.2X.  Full Article

Amplifon To Start Trading On FTSE MIB As Of Dec. 27
Friday, 21 Dec 2018 

Dec 21 (Reuters) - Amplifon SpA ::TO START TRADING ON FTSE MIB <<<.FTMIB>>> AS OF DEC 27.  Full Article

Amplifon Completes Acquisition Of Gaes, To Update On 2020 Targets In First Months Of 2019
Tuesday, 18 Dec 2018 

Dec 18 (Reuters) - Amplifon SpA ::COMPLETES ACQUISITION OF GAES.ACQUISITION HAS BEEN FINALIZED FOR EUR 530 MILLION.DEAL IS EXPECTED TO RESULT IN RUN-RATE ANNUAL SYNERGIES AT EBITDA LEVEL OF EURO 20 MILLION BY 2021.TO PROVIDE MORE DETAILS ON FINANCIAL IMPACT OF TRANSACTION IN THE FIRST MONTHS OF 2019.TO PROVIDE UPDATE ON 2020 FINANCIAL AMBITIONS IN THE FIRST MONTHS OF 2019.  Full Article

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

Italy - Factors to watch on July 30

The following factors could affect Italian markets on Tuesday.