Amplifon: 2022 a record with revenues over 2 billion. Net profit +13,1%. Ebitda +8,8%

Data on the increase also for the first months of 2023. Proposed, at the shareholders' meeting on 21 April, a dividend of 29 euro cents per share, up by 11,5% with a pay-out of over 36% of the net profit

record-breaking 2022 for Amplifon.

The company, which deals with the fitting and marketing of hearing aids, closed the budget 2022 with revenues over two billion euros: a growth of 8,8% to 2,12 billion. It is the first time in the company's 72-year history that this milestone has been exceeded. well theNet income which grows by 13,1% to 179 million. Ebitda to 525 million, +8,8% with an EBITDA margin of 24,8%, in line with the record profitability of 2021.debt from 871 to 830 million.

The acquisitions: in the last few months of the year, 150 stores were acquired in North America, Europe and China for 75 million investments, bringing the total to 9.300 points of sale worldwide.

At the shareholders' meeting, scheduled for April 21, it was proposed a dividend of 29 cents per share, up by 11,5% (in 2021 it had been 26 cents), with a pay-out of over 36% of net profit. Good start also for 2023 with the purchase of over 70 stores for a total value of over 40 million euros.

Proposed new buyback

The Board will propose to the shareholders a new buyback no more than 10% of the capital also with a view to M&As subject to revocation of the current plan for the unexecuted part, which expires in October 2023. Currently, the treasury shares held are equal to 1.826.460, equivalent to 0,807% of the share capital.

Satisfied the CEO of Amplifon, Henry Life: “In 2022 we continued our growth path, recording an increase in all the main economic indicators and reaching record levels in terms of revenues, EBITDA and net income. For the first time in 72 years we exceeded 2 billion euros of revenues and 500 million euros of EBITDA, with a double-digit growth in the net result and a consequent increase in the proposed dividend. During the year, we further increased our market share, consolidating our Group's global leadership. These are even more significant results because obtained in a more complex market than expected, due to a macroeconomic scenario characterized by uncertainty and high inflation, and with an extremely challenging basis for comparison with 2021".