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Amplifon

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A global leader in the hearing care retail market

Milan, ItalyFounded 1950Health
Valuation $3.40B Market cap · 2026
Revenue $2.67B Latest reported FY
EBITDA $628M Latest reported FY

About Amplifon

In 1950 Milan, a mission-driven enterprise was born from the aftermath of war. Algernon Charles Holland, a British engineer and former army major, founded Amplifon to help people who suffered hearing damage during World War II. Starting in a small lab, the company aimed to address a widespread problem by providing hearing care solutions. The company grew steadily, establishing itself as the market leader in Italy. A key move was the creation of the Centre for Research and Studies in 1971, which focused on advancing audiology and otology research. By the 1990s, Amplifon was innovating with the introduction of the first digital hearing aids in Italy. This period also marked the beginning of its international expansion, which accelerated with the strategic acquisition of Miracle-Ear in 1999, providing a crucial entry into the North American market. The next major milestone occurred on June 27, 2001, when Amplifon was listed on the Italian Stock Exchange. This event fueled a new phase of growth, enabling a series of acquisitions and entries into new markets across Europe, North America, and Australia. Today, what started as a response to a post-war crisis has evolved into the world's largest hearing aid retailer, operating in 26 countries with over 10,000 stores.

Source: Dealroom company data

At a glance

Status
Listed
Founded
1950
Headquarters
Milan, Italy
Listing
IPO 2001
Employees
11,448
Open positions
15
Dealroom signal
43.2/100
Industry
Health, Music
Sector
Health, Personal Health, Retail, Medical & Healthcare, Hearing, Deaf, Health Services
Technology
Artificial Intelligence, Deep Tech, Computer Vision, Connected Device
Client focus
b2b, b2c
Investment activity
6 companies, latest Mar 2026
Capital deployed
—
Preferred round
ACQUISITION

Funding history

7 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
PRIVATE PLACEMENT NON VC✓Other financing May 2026 $498M — Tamburi Investment Partners ↗
POST IPO DEBT✓Debt Jul 2025 $55M — Banca Popolare di Sondrio ↗
Showing the latest 2 of 7 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowthEBITDAMarginProfitMargin
2026 $2.7B +1.5% $628M 23.5% $138M 5.2%
2025 $2.6B -0.6% $566M 21.5% $100M 3.8%
2024 $2.7B +6.6% $610M 23% $160M 6%
2023 $2.5B +6.7% $563M 22.6%
2022 $2.3B +8.8% $566M 24.3%
2021 $2.1B +25.2% $530M 24.7%
2020 $1.7B — $412M 24.1%
Company filings, research estimates and Dealroom dataBook a demo for the full financial model →

Growth signals

Amplifon website traffic

Latest recorded traffic for Amplifon is 9.2K monthly website visits, down 99% over the last three months. Amplifon's team grew 10.2% over the past year.

Latest monthly visits9.2K 3-month web change-99% 1-year team growth+10.2%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investors

6 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later5 investors entered at this stage

  • European Investment Bank
  • Mediobanca
  • Intesa Sanpaolo
  • ING Italia
  • Banca Popolare di Sondrio

Other known investors1 additional known investor

  • Tamburi Investment Partners
Team profiled 50 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇮🇹 Italy · Milan HQ
Book a demo for the full country breakdown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Amplifon on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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