Amplifon
Amplifon SpA, a global leader in the hearing aid industry, is headquartered in Milan. A former member of the British special forces and member of the Italian Resistance, Algernon Charles Holland founded Amplifon in 1950 in Milan. After WWII, he established a local presence and developed strong relationships with hearing care professionals to help those who had suffered hearing loss as a result of the war.
Amplifon holds an 11% share of the global market and operates in 29 countries in Europe, the Middle East, North America, and Asia Pacific. About 5,150 retail locations are directly managed by the company, while another 4,000 are shop-in-shops and corners, and 1,800 are linked with the network. The company's main activity is the provision of hearing aids and related services.
In April 2023, the market value of Amplifon was $7.97 billion. According to the company's market cap, this places Amplifon at number 1737 globally. The latest financial reports reveal TTM revenue of $2.23 billion for Amplifon. The company's sales in 2021 were $2.26 billion, up from $1.81 billion in the previous year.
Founded: 1950
Headquarters: Milan, Italy
Website: https://www.amplifon.com