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Financial highlights

2018 was a truly exceptional year for Amplifon, both for the excellent financial results achieved and the numerous strategic initiatives undertaken, and it closed once again with record results characterized firstly by double-digit growth in revenues, well outpacing the market, and secondly by the improved operational efficiency that allowed us to further increase profitability.

- Enrico Vita - 

From January 1st, 2018, the Group has adopted the principle IFRS 15 "Revenue from contracts with customers" and IFRS 9 "Financial instruments", which have led to changes in accounting policies and in some cases adjustments to the amounts recognized in the financial statements. The comparative data for 2017 have not been restated, while the data for 2018 are presented with the application of the new accounting standards.

 

From January 1st, 2019, the Group has adopted the principle IFRS 16 "Leases", wchich have led to changes in accounting policies and in some cases adjustments to the amounts recognized in the financial statements. The comparative data for 2018 have not been restated, while the key data for 2019 are presented with the application of the new accounting standards.