Amplifon jumps on Q1 margins, guidance confirmation

Amplifon SpA

07/05/2025 10:09

** Shares in Italian hearing aids maker Amplifon AMPF.MI rise as much as 5.1%

** Its Q1 results "improved in terms of margins despite weak organic top-line," brokerage Equita says

** Intermonte says results were in line with its sales expectations and 1% better regarding adjusted EBITDA

** According to Equita, the confirmation on 2025 guidance is supported by evidence of acceleration in France

** Intermonte says, "M&A context remains highly favourable, with attractive targets at attractive valuations

** Brokerage also notes AMPF's exposure to US tariffs risk is low due to diversified procurement, flexible supply contracts

** Stock was up 4.6% as of 1000 GMT, which reduced its YTD losses to about 22%

 (Reporting by Romolo Tosiani, Giancarlo Navach; Editing by)

 ((Romolo.Tosiani@tr.com))