Amplifon, world leader in distribution of hearing aids, closed the first nine months of the year withnet profit down 17,8% compared to the same period of 2011, to 16,7 million. THE revenues up 1,3%, to 596,4 million, while Ebitda fell by 1,8%, to 88,3 million. Net financial debt improved slightly, reaching 350 million from the 351,8 million of last December 31st.
“We are satisfied with the results achieved in this particularly difficult macroeconomic context – he commented Franco Moscetti, CEO of Amplifon -. Of course, our commitment remains firm to recover, as far as possible, the effect of the negative events that are taking place in some areas of Continental Europe and to continue to have a strong focus on cost optimization and debt reduction”.
The group compensated for the declines in Europe, especially on the markets of Holland, Switzerland and Germany, with growth recorded in North America and Asia. The bag he appreciated the company's accounts and at the end of the morning the Amplifon stock gained more than four and a half points.
