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AMP — Amplifon SpA News Story

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Amplifon jumps after Q1 slightly beats expectations

** 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))

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