Financials Amplifon CINNOBER BOAT

Stocks

0N61

IT0004056880

Medical Equipment, Supplies & Distribution

Real-time Estimate Tradegate Other stock markets 12:29:35 2026-06-16 EDT			5-day change	1st Jan Change
10.34 ^EUR	0.00%		0.00%	-

06-09	Buy-side pressure on MIB; Unipol and BPER lead gains	AN
06-08	Clínica Baviera, the copy-paste machine

Projected Income Statement: Amplifon

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Net sales ¹	1,948	2,119	2,260	2,409	2,396	2,424	2,576	2,724
Change	-	8.78%	6.65%	6.6%	-0.56%	1.2%	6.26%	5.72%
EBITDA ¹	482.8	525.3	541.6	567.7	540.4	571.5	626.7	674.4
Change	-	8.8%	3.1%	4.82%	-4.81%	5.75%	9.66%	7.62%
EBIT ¹	262.1	285.3	274	265	281.3	289.7	349.2	389.6
Change	-	8.85%	-3.96%	-3.28%	6.15%	2.98%	20.56%	11.55%
Interest Paid ¹	-22.6	-34.9	-49.5	-60	-63.7	-70.67	-66.85	-65.08
Earnings before Tax (EBT) ¹	223.4	243.7	209.7	196.8	131.8	168.7	244.6	282.3
Change	-	9.09%	-13.95%	-6.15%	-33.03%	28.01%	44.95%	15.43%
Net income ¹	157.8	178.5	155.1	145.4	91.3	133.7	179.7	206.6
Change	-	13.12%	-13.11%	-6.25%	-37.21%	46.44%	34.42%	14.99%
Announcement Date	3/3/22	3/1/23	3/7/24	3/6/25	3/4/26	-	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4
Net sales ¹	518.6	459.1	568.2	495.8	541.4	502.5	579.4	540.3	573.5	531.3	615	573.1	604.1	567.6	664.4	587.8	592.7	563.3	651.9	579.8	606.9	578.8	664.6
Change	-	-11.47%	23.76%	-12.74%	9.2%	-7.19%	15.3%	-6.75%	6.15%	-7.36%	15.75%	-6.81%	5.41%	-6.04%	17.05%	-11.53%	0.83%	-4.95%	15.72%	-11.06%	4.68%	-4.63%	14.82%
EBITDA ¹	136.1	94.2	156.6	112.9	147.3	108.8	155.8	123.5	152.5	109.8	155.8	136.8	160.4	115	155.4	140.4	147.3	107.3	145.5	141.8	148.8	130	158
Change	-	-30.79%	66.24%	-27.91%	30.47%	-26.14%	43.2%	-20.73%	23.49%	-28.03%	41.94%	-12.2%	17.25%	-28.3%	35.13%	-9.65%	4.91%	-27.13%	35.56%	-2.54%	4.92%	-12.62%	21.54%
EBIT ¹	82.3	41.6	95.3	55.2	87	48.4	94	61.5	86.04	-	81.1	65.7	86.7	39.5	73	73.8	82.5	42.77	82.2	77.5	86.06	53.08	91.22
Change	-	-49.45%	129.09%	-42.08%	57.61%	-44.37%	94.21%	-34.57%	39.91%	-	-	-18.99%	31.96%	-54.44%	84.81%	1.1%	11.79%	-48.16%	92.18%	-5.72%	11.05%	-38.32%	71.84%
Charge d'intérêts ¹	-7.176	-6.3	-3.528	-8.257	-7.993	-	-9.4	-11.9	-9.425	-13.57	-14.6	-14.5	-	-15.29	-16.4	-	-16.3	-17.13	-16.9	-	-14	-14	-14
Earnings before Tax (EBT)	73.7	32.5	84.5	43.7	76.2	40.1	83.7	41.6	70.88	40.13	67	50.2	71.3	22.5	52.8	46.7	51.5	7.165	26.3	23.2	-	-	-
Change	-	-55.9%	160%	-48.28%	74.37%	-47.38%	108.73%	-50.3%	70.39%	-43.38%	66.95%	-25.07%	42.03%	-68.44%	134.67%	-11.55%	10.28%	-86.09%	267.06%	-11.79%	-	-	-
Net income	53.9	23.6	57	30.6	55.6	29.2	63	29.3	52.06	29.2	51.7	34.9	52.9	16.8	41.2	32.9	35.2	6.302	16.9	10.5	-	-	-
Change	-	-56.22%	141.53%	-46.32%	81.7%	-47.48%	115.75%	-53.49%	77.67%	-43.9%	77.03%	-32.5%	51.58%	-68.24%	145.24%	-20.15%	6.99%	-82.1%	168.17%	-37.87%	-	-	-
Announcement Date	7/29/21	10/27/21	3/3/22	5/3/22	7/28/22	10/26/22	3/1/23	5/2/23	7/27/23	10/30/23	3/7/24	5/6/24	7/30/24	10/30/24	3/6/25	5/6/25	7/31/25	10/29/25	3/4/26	5/6/26	-	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2022 S1	2023 S1	2024 S1	2025 S1	2026 S1	2026 S2
Net sales ¹	1,037	1,114	1,177	1,180	1,191	1,246
Change	-	7.38%	5.7%	0.27%	0.89%	4.62%
EBITDA ¹	260.1	276	297.2	287.6	289	288
Change	-	6.13%	7.67%	-3.23%	0.49%	-0.35%
EBIT	142.2	147.5	152.4	156.3	-	-
Change	-	3.73%	3.32%	2.56%	-	-
Charge d'intérêts ¹	-	-19.84	-	-31.4	-48	-29
Earnings before Tax (EBT)	119.9	112.5	121.4	98.3	-	-
Change	-	-6.17%	7.91%	-19.03%	-	-
Net income	86.5	81.36	87.8	68.1	-	-
Change	-	-5.95%	7.92%	-22.44%	-	-
Announcement Date	7/28/22	7/27/23	7/30/24	7/31/25	-	-

¹EUR in Million

Estimates

Forecast Balance Sheet: Amplifon

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Net Debt ¹	871	1,332	1,331	1,455	1,521	1,680	1,099	1,029
Change	-	52.93%	-0.08%	9.32%	4.54%	10.48%	-34.58%	-6.37%
Announcement Date	3/3/22	3/1/23	3/7/24	3/6/25	3/4/26	-	-	-

¹EUR in Million

Estimates

Cash Flow Forecast: Amplifon

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
CAPEX ¹	111	106.3	139.9	145	116.7	106.1	119.5	126.8
Change	-	-4.27%	31.61%	3.65%	-19.52%	-9.05%	12.58%	6.07%
Free Cash Flow (FCF) ¹	254.9	246.7	276.3	304.9	297.2	256.6	295.2	314.2
Change	-	-3.22%	12%	10.35%	-2.53%	-13.66%	15.06%	6.44%
Announcement Date	3/3/22	3/1/23	3/7/24	3/6/25	3/4/26	-	-	-

¹EUR in Million

Estimates

Forecast Financial Ratios: Amplifon

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Profitability
EBITDA Margin (%)	24.78%	24.79%	23.96%	23.56%	22.56%	23.57%	24.33%	24.76%
EBIT Margin (%)	13.45%	13.46%	12.12%	11%	11.74%	11.95%	13.56%	14.3%
EBT Margin (%)	11.47%	11.5%	9.28%	8.17%	5.5%	6.96%	9.49%	10.36%
Net margin (%)	8.1%	8.42%	6.86%	6.04%	3.81%	5.51%	6.98%	7.59%
FCF margin (%)	13.08%	11.64%	12.23%	12.66%	12.4%	10.58%	11.46%	11.54%
FCF / Net Income (%)	161.54%	138.21%	178.14%	209.7%	325.5%	191.92%	164.29%	152.07%
Profitability
ROA	-	5.03%	4.27%	3.95%	4.04%	4.59%	5.33%	5.82%
ROE	18.28%	18.18%	14.5%	13.48%	14.82%	13.32%	16.52%	17.45%
Financial Health
Leverage (Debt/EBITDA)	1.8x	2.53x	2.46x	2.56x	2.81x	2.94x	1.75x	1.53x
Debt / Free cash flow	3.42x	5.4x	4.82x	4.77x	5.12x	6.55x	3.72x	3.27x
Capital Intensity
CAPEX / Current Assets (%)	5.7%	5.02%	6.19%	6.02%	4.87%	4.38%	4.64%	4.65%
CAPEX / EBITDA (%)	23%	20.24%	25.83%	25.54%	21.6%	18.57%	19.07%	18.79%
CAPEX / FCF (%)	43.56%	43.09%	50.63%	47.56%	39.27%	41.37%	40.47%	40.33%
Items per share
Cash flow per share ¹	2.05	2.053	1.846	1.987	1.828	1.621	1.816	1.593
Change	-	0.15%	-10.07%	7.64%	-7.99%	-11.35%	12.05%	-12.3%
Dividend per Share ¹	0.26	0.29	0.29	0.29	0.29	0.2518	0.3064	0.3323
Change	-	11.54%	0%	0%	0%	-13.17%	21.67%	8.45%
Book Value Per Share ¹	4.11	4.625	4.877	5.104	4.54	5.566	5.339	5.895
Change	-	12.52%	5.45%	4.66%	-11.05%	22.6%	-4.07%	10.41%
EPS ¹	0.702	0.796	0.693	0.644	0.41	0.4709	0.7234	0.8455
Change	-	13.39%	-12.94%	-7.07%	-36.34%	14.86%	53.61%	16.88%
Nbr of stocks (in thousands)	224,815	224,622	225,517	225,501	219,937	265,245	265,245	265,245
Announcement Date	3/3/22	3/1/23	3/7/24	3/6/25	3/4/26	-	-	-