Amplifon informs shareholders of demerger plan filing
The partial demerger will spin off non-EU subsidiary holdings to Amplifon Partecipazioni I S.r.l., a new Italian subsidiary.
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Global retail hearing care provider
amplifon.comLast updated
In short: Amplifon significantly expanded its operations by acquiring GN Hearing for €2.3 billion, shifting toward a vertical hybrid business model.
The partial demerger will spin off non-EU subsidiary holdings to Amplifon Partecipazioni I S.r.l., a new Italian subsidiary.
Adjusted EBITDA rose 6.1%, margin up 90 bps, net profit up 17.1%, and outlook confirmed.
The company was ranked in the Engineering, Manufacturing & Medical Technology category based on over 20 sustainability indicators.
The loan, with a 24-month term, was arranged by leading banks and will support the cash component.
The group, which recently integrated GN Hearing, recorded solid cash generation in the first half of the year, with free cash flow...
The group, which recently integrated GN Hearing, recorded strong cash generation in the first half, with adjusted free cash flow at 68...
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