** Shares in Italy's Amplifon AMPF.MI rise as much as 14.7%, set for their best day since 2009, after reporting a 6.7% increase in Q1 net profit and guiding for organic growth above 3% this year
** JP Morgan says quarterly results show "signs of improvement," reflecting underlying hearing market trends
** "Management has pointed to a progressive recovery throughout Q1, while noting confidence on continued momentum in Q2," it adds
** Jefferies and Equita say Q1 figures are slightly better than expected
** Including Wednesday's rise, the stock is down around 19% YTD - per LSEG data
(Reporting by Mirko Miorelli)
((Mirko.Miorelli@thomsonreuters.com))