The Shareholders' Meeting of Amplifon approved the 2022 financial statements and the distribution of a dividend of €0,29 per share. At Piazza Affari the stock gains 1,49% at 33,30 euros (Ftse Mib +0,3%).
Amplifon's 2022 financial statements
For Amplifon, 2022 ended with consolidated revenues amounted to 2,119 billion euros, up 8,8% at current exchange rates and 6,8% at constant exchange rates compared to 2021 thanks mainly to organic growth of 3%, higher than the reference market, and 3,8% from acquisitions, mainly for Bay Audio. L'ebitda on a recurring basis it was equal to 525,3 million euros, up by 8,8% compared to 2021, while the Net income on a recurring basis it stood at €183,3 million, up 4,6% on the €175,2 million recorded in 2021.
La parent company Amplifon SpA achieved revenues of 2022 million euros in 416,2 and a net profit of 117,7 million compared to the 84,3 million euros achieved in 2021.
The other decisions of the assembly
The shareholders also approved the proposal to assign the directors a total compensation of 1,37 million euros for the financial year 2023, the share plan in favor of employees and its subsidiaries "Stock Grant Plan 2023-2028". Finally, green light for the 2023 Remuneration Policy and the new plan for the purchase and disposal of treasury shares. For what concern buyback, "the new authorization is effective for a period of 18 months starting from today's date and is aimed at allowing the purchase and disposal, in one or more tranches, on a revolving basis, of a number of new shares which leads the Company, where the right to purchase is exercised in full and taking into account the treasury shares already in the portfolio, to hold a total number of treasury shares not exceeding 10% of the share capital of Amplifon SpA The treasury shares currently held by the Company are equal to n . 1.800.850, equivalent to 0,795% of the share capital”, explains Amplifon in a note.
Amplifon: dividend increases by 11,5%
The Shareholders' Meeting has given the green light to a dividend of €0,29 per share, for an amount of Euro 65 million, in 11,5% increase compared to last year. The detachment date of the coupon was set for May 22, 2023 and payment starting from May 24, 2023.
