Italy's Amplifon soars on Q2 organic sales growth above expectations

Amplifon SpA

31/07/2026 09:34

July 31 - ** Shares in Amplifon AMPF.MI gains 7%, rising to the top of the Italy's blue-chip index .FTMIB after posting second-quarter results above estimates
     ** The hearing aid company posted late on Thursday a 4.7% rise in organic growth in the second quarter, above a 4% increase estimated in a Visible Alpha consensus cited by broker Equita 
** It also confirmed its FY targets of organic sales growing by over 3% and adj EBITDA margin rising by around 100 basis points
** Jefferies says the quarterly figures "surprised positevely", with organic sales growth beating expectations in the APAC, Americas and EMEA regions, despite the expected normalisation of growth in the French market
** JP Morgan expect to see increasing interest from investors to re-visit Amplifon's turnaround story, increasing by 2% its estimates on FY adj EBIT and net profit after the Q2 beat
** The stock rose as much as 12% during the session, and including Friday's gains it is down 12% YTD

 (Reporting by Anna Uras)
 ((Anna.Uras@thomsonreuters.com))