Business · Companies · 9 hrs ago

Amplifon’s third-quarter adjusted profit rises 38.7% to €26.6 million

Amplifon’s third-quarter adjusted profit rises 38.7% to €26.6 million

Amplifon’s adjusted profit rose 38.7% in the third quarter, reaching €26.6 million.

The Italian company recorded quarterly revenue of €575 million, up 0.2% at constant exchange rates from a year earlier.

Organic growth was 3.6%, while its Fit4Growth program reduced revenue by 3.9% as the company optimized its network and exited some activities.

For the first nine months, revenue was €1.76 billion and adjusted net profit was €128.2 million.

Amplifon kept its 2026 expectations, including global market growth of about 3% and organic growth above 3%, provided the global economy does not slow further.

It also expects its adjusted EBITDA margin to improve by about 100 basis points, and says planning to integrate GN Hearing is on track ahead of the deal’s closing.

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What people are saying

Enrico VitaAmplifon chief executive
The third-quarter results confirm the solid momentum of our performance, with very positive organic growth and a significant increase in profitability, supported by operating leverage and the benefits of the Fit4Growth programme.
via ANSA
The planning for the integration with Gn Hearing is proceeding as scheduled, with the aim of being fully ready for closing.
via Corriere della Sera