Sign inAmplifon - nine-month 2024 revenues up 8% on previous year
Flattish EMEA market for the Italian retail giant in hearing is offset by good profits in the Americas. Meanwhile, the Italy-based group has signed two new sustainability-linked credit facilities for a total amount of 250 million euros.
©Amplifon
A TV campaign runs in Italy and Spain with the message: "It's not just your hearing. For us, it's your life".
The global market leader in retail, Amplifon, has announced its Q3 2024 financial results, with the group boasting revenues up 8% at constant exchange rates in the first nine months of the year.
Amplifon, which has 23,000 employees and 10,000 stores in 26 countries, posted Q3 consolidated revenues of 567.6 million euros, an increase of 8.0% at constant exchange rates and of 6.8% at current exchange rates compared to the third quarter of 2023, "thanks to a solid, above-market organic growth, and the strong M&A (mergers and acquisitions) acceleration". The group has new acquisitions, mainly in France, Germany, the USA and China. In the latter country, Amplifon has bought 370 stores in 2024, and now has over 500 shops there in China.
Americas market strong but EMEA panorama is flatter
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