02.03.2016 - 12:53Financial

Exceeded the key threshold of one billion Euros in sales, strong growth in profitability thanks to all regions and all-times high free cash flow generation. The Company's network expansion program continued throughout the year with a total of 235 new stores and shop-in-shops

Today the Board of Directors of Amplifon S.p.A., global leader in hearing solutions and services, approved the draft annual financial report as of December 31, 2015, in a meeting chaired by Susan Carol Holland.

  • Consolidated REVENUES was Euro 1,034.0 million, up 16.1% at current exchange rates and 11.3% at constant exchange rates compared to 2014
  • EBITDA, net of non-recurring expenses, amounted to Euro 167.4 million, or 16.2% of revenues, with an increase of 21.6% compared to the prior year. EBITDA as reported was Euro 165.2 million with an EBITDA margin of 16.0%, up 20.0% compared to 2014
  • NET PROFIT, net of non-recurring expenses, amounted to Euro 52.8 million, an increase of 47.4% compared to 2014. NET PROFIT as reported was Euro 46.8 million, with a slight increase compared to the prior year
  • NET FINANCIAL DEBT was Euro 204.9 million, a significant improvement compared to Euro 248.4 million reported at December 31st, 2014, despite a cash-out for acquisitions of Euro 41.1 million
  • FREE CASH FLOW generation of Euro 89.7 million, a significant improvement compared to the prior period
  • Proposed dividend of Euro 0.043 per share, in line with the previous year

Amplifon S.p.A. issued this content on 02 March 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 02 March 2016 19:15:46 UTC

Original Document: http://corporate.amplifon.com/en/press-release-fy2015