Edition:
United Kingdom

Grandvision NV (GVNV.AS)

GVNV.AS on Amsterdam Stock Exchange

20.56EUR
19 Oct 2018
Change (% chg)

€-0.06 (-0.29%)
Prev Close
€20.62
Open
€20.72
Day's High
€20.72
Day's Low
€20.42
Volume
42,592
Avg. Vol
91,633
52-wk High
€22.88
52-wk Low
€17.57

Latest Key Developments (Source: Significant Developments)

Grandvision H1 Net Result Down At 116 Million Euros
Monday, 6 Aug 2018 

Aug 6 (Reuters) - GRANDVISION NV ::GRANDVISION REPORTS HY18 REVENUE GROWTH OF 11.8% AT CONSTANT EXCHANGE RATES AND COMPARABLE GROWTH OF 2.8%.Q2 ADJUSTED EBITDA EUR 157 MILLION VERSUS EUR 140 MILLION YEAR AGO.H1 NET RESULT EUR 116 MILLION VERSUS EUR 124 MILLION YEAR AGO.H1 NUMBER OF STORES 7,002 VERSUS 6,631 YEAR AGO.Q2 REVENUE EUR 961 MILLION VERSUS EUR 876 MILLION YEAR AGO.SAYS MEDIUM TERM FINANCIAL OBJECTIVES ARE TO ACHIEVE ANNUAL REVENUE GROWTH OF AT LEAST 5%, EXCLUDING LARGE SCALE ACQUISITIONS, AS WELL AS HIGH SINGLE DIGIT ANNUAL ADJUSTED EBITDA GROWTH AT CONSTANT EXCHANGE RATES.SAYS TARGETED NET DEBT/ADJUSTED EBITDA RATIO REMAINS AT A MAXIMUM OF 2.0X AND WE EXPECT OUR CASH FLOW GENERATION TO ENABLE US TO MAKE FURTHER ACQUISITIONS WITHOUT SIGNIFICANTLY ALTERING OUR CAPITAL STRUCTURE.FOR 2018, GRANDVISION EXPECTS IMPROVED REVENUE AND ADJUSTED EBITDA GROWTH.SAYS REVENUE GROWTH IS EXPECTED TO BENEFIT FROM COMPARABLE GROWTH AND THE ADDITION OF THE VISILAB AND TESCO OPTICIANS BUSINESSES.  Full Article

GrandVision Prelim. FY Revenue Growth Was 5.6% At Constant Exchange Rates
Wednesday, 24 Jan 2018 

Jan 24 (Reuters) - GRANDVISION ::REG-GRANDVISION REPORTS PRELIMINARY REVENUE GROWTH AT CONSTANT EXCHANGE RATES OF 8.1% IN 4Q17 AND 5.6% IN FY17.REVENUE GROWTH AT CONSTANT EXCHANGE RATES WAS 5.6% FOR FULL YEAR 2017 WITH ORGANIC GROWTH OF 3.5%..EXPECTS SLOWER BUT STILL POSITIVE ADJUSTED EBITDA GROWTH IN Q4 DESPITE ADVERSE CALENDAR EFFECT ON REVENUE​.IN ‍TOTAL, MORE THAN 250 STORES WERE ADDED DURING 2017​.FY COMPARABLE STORE GROWTH, REACHED 1.8% AND WAS 2.3% WHEN ADJUSTED FOR EFFECT OF FEWER SELLING DAYS IN 2017.‍IN Q4, REVENUE GROWTH AT CONSTANT EXCHANGE RATES WAS 8.1%​.IS EXPECTING SLOWER BUT STILL POSITIVE ADJUSTED EBITDA GROWTH IN THE FOURTH QUARTER ‍​.ADJUSTED. EBITDA GROWTH IN Q4 EXPECTED DESPITE ADVERSE CALENDAR EFFECT ON REVENUE‍​.  Full Article

Grandvision Appoints Stephan Borchert As Member Of Management Board
Thursday, 14 Dec 2017 

Dec 14 (Reuters) - GRANDVISION NV ::REG-GRANDVISION APPOINTS STEPHAN BORCHERT AS MEMBER OF MANAGEMENT BOARD AS OF 15 JANUARY 2018.  Full Article

Grandvision Completes The Acquisition Of Tesco Opticians In The Uk And Ireland
Monday, 4 Dec 2017 

Dec 4 (Reuters) - GRANDVISION ::GRANDVISION COMPLETES THE ACQUISITION OF TESCO OPTICIANS IN THE UK AND IRELAND.‍FINANCIAL TERMS OF THIS TRANSACTION HAVE NOT BEEN DISCLOSED.​.  Full Article

Grandvision Q3 adjusted EBITDA rises to 146 million euros‍​
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - GRANDVISION ::REPORTS THIRD QUARTER REVENUE GROWTH OF 5.3% AT CONSTANT EXCHANGE RATES AND COMPARABLE GROWTH OF 3.1%‍​.Q3 REVENUE EUR 858‍​ MILLION VERSUS EUR 825 MILLION YEAR AGO.Q3 ADJUSTED EBITDA EUR 146 MILLION VERSUS EUR 139 MILLION YEAR AGO.THE 4Q17 RELATIVE PERFORMANCE WILL BE IMPACTED BY FEWER SELLING DAYS COMPARED TO THE PREVIOUS YEAR RELATED TO THE TIMING OF THE 2017 CHRISTMAS HOLIDAYS‍​.‍​.  Full Article

BRIEF-Grandvision Q1 Revenue Up At EUR 913 Million

* Q1 REVENUE EUR 913 MILLION VERSUS EUR 906 MILLION IN REUTERS POLL