Amplifon SpA - Company Profile
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Amplifon SpA (Amplifon) is a medical device company, which provides customized hearing solutions and services. The company distributes hearing aids and other audio and telephony solutions. It also offers related services such as audiological assessment, education, counseling, customization and fitting solutions. Amplifon distributes products through independent retailers, corporate shops, shop-in-shops, franchisees and corners. It promotes clinical research and offers information on the advances and developments in the fields of audiology and otology through its Center for Research and Studies. The company operates in Europe, the Middle East, Africa; the Americas; and Asia Pacific. Amplifon is headquartered in Milan, Lombardia, Italy.
Headquarters
Italy
Address
Via Ripamonti 133, Milano, 20141
Website
www.amplifon.com
Telephone
39 02 574721
No of Employees
14,379
Industry
Medical Equipment
Ticker Symbol & Exchange
AMP (BIT)
Revenue (2022)
$2.4B
6.7%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-13.1%
(2022 vs 2021)
Market Cap*
$7.6B
Net Profit Margin (2022)
XYZ
-18.5%
(2022 vs 2021)
* As of and is in US$
Amplifon SpA premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Hearing Aid Devices: | Hearing Tests | Amplifon |
| Behind-the-Ear | Personalized Application | Beter Horen |
| Inside-the-Ear (Invisible) | Distribution | Amplifon Medtechnica Orthophone |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Acquisitions/Mergers/Takeovers | In January, the company acquired the business of one of the main Miracle-Ear franchisees in the United States. |
| 2023 | Contracts/Agreements | In December, the company entered into an agreement to acquire the Audical Group. |
| 2023 | Financing Agreements | In June, the company and a pool of banks signed a new sustainability-linked revolving credit facility worth EUR300 million euros to improve its liquidity position. |
Competitor Comparison
| Key Parameters | Amplifon SpA | Sonova Holding AG | Demant A/S | GN Hearing AS | Lisound Hearing Aid (Fuzhou) Co Ltd |
|---|---|---|---|---|---|
| Headquarters | Italy | Switzerland | Denmark | Denmark | China |
| City | Milano | Staefa | Smoerum | Ballerup | Fuzhou |
| State/Province | - | - | - | - | Fujian |
| No. of Employees | 14,379 | 17,636 | 21,623 | - | - |
| Entity Type | Public | Public | Public | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Enrico Vita | Director; Chief Executive Officer | Executive Board | 2015 | 54 |
| Susan Carol Holland | Chairperson | Executive Board | 2011 | - |
| Gabriele Galli | Chief Financial Officer | Senior Management | 2017 | - |
| Andrea Ciccolini | Chief Information Officer | Senior Management | 2020 | - |
| Giuseppe Vironda | Chief Marketing Officer | Senior Management | 2020 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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