Italy's Amplifon H1 revenue rises 1.3%, net profit up 12.3%

Amplifon SpA

30/07/2026 17:02

Overview
Italy hearing care provider's H1 revenue rose 1.3% at constant exchange rates
Adjusted EBITDA for H1 up 3.6%, margin rose 70 bps to 25.1%
Adjusted net profit for H1 up 12.3% to €102 mln

Outlook
Amplifon confirms 2026 outlook: organic growth above 3%
Company expects adjusted EBITDA margin to rise by around 100 bps in 2026
Positive momentum continues into Q3

Result Drivers
ORGANIC GROWTH - Co said H1 revenue growth was mainly driven by strong organic growth across all geographic areas
US PRIVATE PAY SEGMENT - Co said US market grew by about 2% in H1, driven by strong performance in private pay segment
ACQUISITIONS AND FIT4GROWTH - Acquisitions contributed positively to revenue by 0.8%, while Fit4Growth program had a negative impact of -3.0%

Company press release: ID:nBIAgWjJq

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
EUR 1.19 bln
 
H1 Capex
 
EUR 45.9 mln
 

Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 6 "strong buy" or "buy", 10 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the medical equipment, supplies & distribution peer group is "buy."
Wall Street's median 12-month price target for Amplifon SpA is €11.80, about 1.8% above its July 29 closing price of €11.59
The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 13 three months ago

Reuters Recommended Reads
July 28 - France's EssilorLuxottica H1 revenue rises, but slightly misses estimates
July 28 - Italy's Recordati H1 revenue rises 6.6% on rare diseases segment growth
July 29 - France's Clariane H1 revenue rises 4.6% organically, EBITDA margin improves

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)