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Grandvision NV (GVNV.AS)

GVNV.AS on Amsterdam Stock Exchange

20.74EUR
23 May 2018
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Latest Key Developments (Source: Significant Developments)

Grandvision Q1 Revenue Up At EUR 913 Million
Thursday, 26 Apr 2018 01:00am EDT 

April 26 (Reuters) - Grandvision NV ::Q1 REVENUE EUR 913 MILLION VERSUS EUR 906 MILLION IN REUTERS POLL.Q1 ADJUSTED EBITDA EUR 136 MILLION VERSUS EUR 138 MILLION IN REUTERS POLL.MEDIUM TERM FINANCIAL OBJECTIVES ARE TO ACHIEVE ANNUAL REVENUE GROWTH OF AT LEAST 5%, EXCLUDING LARGE SCALE ACQUISITIONS.MEDIUM TERM FINANCIAL OBJECTIVES ARE TO ACHIEVE HIGH SINGLE DIGIT ANNUAL ADJUSTED EBITDA GROWTH AT CONSTANT EXCHANGE RATES..Q1 TOTAL NUMBER OF STORES 6,980 VERSUS 6,551 YEAR AGO.FOR 2018, GRANDVISION EXPECTS IMPROVED REVENUE AND ADJUSTED EBITDA GROWTH.FOR 2018 EXPECTS ADJUSTED EBITDA GROWTH IN LINE WITH REVENUE GROWTH,.EXPECTS FOR SECOND QUARTER IMPROVED ADJUSTED EBITDA PERFORMANCE COMPARED TO THE FIRST QUARTER.CONTINUES TO EXPECT MOMENTUM TO BUILD AS THE YEAR PROGRESSES..  Full Article

Grandvision FY Revenue Up By 5.6% At Constant Exchange Rates To EUR 3,450 Million
Wednesday, 28 Feb 2018 01:00am EST 

Feb 28 (Reuters) - Grandvision ::FY REVENUE INCREASED BY 5.6% AT CONSTANT EXCHANGE RATES TO €3,450 MILLION (FY16: €3,316 MILLION).FY ADJUSTED EPS GREW SLIGHTLY TO €0.97 (FY16: €0.96).PROPOSES A DIVIDEND OF €0.32 PER SHARE‍​.FY ADJUSTED EBITDA INCREASED BY 4.0% AT CONSTANT EXCHANGE RATES TO €552 MILLION (FY16: €537 MILLION).GRANDVISION'S MEDIUM TERM FINANCIAL OBJECTIVES ARE TO ACHIEVE ANNUAL REVENUE GROWTH OF AT LEAST 5%, EXCLUDING LARGE SCALE ACQUISITIONS.GRANDVISION'S MEDIUM TERM FINANCIAL OBJECTIVES ARE TO ACHIEVE HIGH SINGLE DIGIT ANNUAL ADJUSTED EBITDA GROWTH AT CONSTANT EXCHANGE RATES.FOR 2018, GRANDVISION EXPECTS IMPROVED REVENUE AND ADJUSTED EBITDA GROWTH.GRANDVISION EXPECTS ADJUSTED EBITDA GROWTH IN LINE WITH REVENUE GROWTH.FY NET INCOME ATTRIB. TO EQUITY HOLDERS EUR 228 MILLION VERSUS EUR 211 MILLION IN REUTERS POLL.Q1 WILL BE NEGATIVELY IMPACTED BY HIGHER PRIOR YEAR COMPARABLES AND TIMING OF THE EASTER SCHOOL HOLIDAYS PARTICULARLY IN IMPORTANT NORTHERN EUROPEAN MARKETS.  Full Article

Grandvision Appoints Stephan Borchert As Member Of Management Board
Thursday, 14 Dec 2017 05:00am EST 

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 02:45am EST 

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 02:00am EDT 

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

GrandVision acquires additional 30% stake in Visilab
Monday, 2 Oct 2017 11:45am EDT 

Oct 2 (Reuters) - GRANDVISION ::REG-GRANDVISION COMPLETES ACQUISITION OF ADDITIONAL 30% STAKE IN VISILAB.COMPLETES INCREASE OF ITS SHAREHOLDING IN VISILAB S.A., FROM 30% TO 60%..  Full Article

Grandvision intends to appoint Stephan Borchert as its next CEO
Monday, 25 Sep 2017 01:30am EDT 

Sept 25 (Reuters) - GRANDVISION ::GRANDVISION INTENDS TO APPOINT STEPHAN BORCHERT AS ITS NEXT CEO.‍INTENDS TO APPOINT STEPHAN BORCHERT AS CEO OF GRANDVISION LATEST END OF APRIL 2018​.‍STEPHAN BORCHERT WILL SUCCEED THEO KIESSELBACH IN ROLE OF CEO.  Full Article

GrandVision to increase shareholding in Visilab to 60%
Friday, 1 Sep 2017 11:45am EDT 

Sept 1 (Reuters) - Grandvision ::ENTERS INTO AGREEMENT TO INCREASE SHAREHOLDING IN VISILAB S.A., FROM 30% TO 60%.TRANSACTION IS EXPECTED TO BE COMPLETED IN Q4 OF 2017.AS PART OF AGREEMENT, PARTIES HAVE AGREED THAT GRANDVISION'S SHAREHOLDING WILL INCREASE, IN TWOSTEPS, TO 79% IN 2019.  Full Article

Grandvision Q2 comparable growth 0.7 percent versus 1.85 percent in Reuters poll
Tuesday, 1 Aug 2017 01:00am EDT 

Aug 1 (Reuters) - GRANDVISION ::H1 REVENUE GREW BY 4.4% AT CONSTANT EXCHANGE RATES WITH ALL SEGMENTS CONTRIBUTING TO THIS GROWTH .H1 ADJUSTED. EBITDA (I.E. EBITDA BEFORE NON-RECURRING ITEMS) INCREASED BY 3.4% AT CONSTANT EXCHANGE RATES .H1 ADJUSTED. EBITDA MARGIN DECLINE OF 27 BPS TO 16.0% .Q2 COMPARABLE GROWTH 0.7 PERCENT VERSUS 1.85 PERCENT IN REUTERS POLL.Q2 REUTERS POLL: COMPARABLE GROWTH OF 1.85 PERCENT; REVENUE OF EUR 897 MILLION; ADJUSTED EBITDA OF EUR 155 MILLION.REG-GRANDVISION REPORTS HY17 REVENUE GROWTH OF 4.4% AT CONSTANT EXCHANGE RATES AND COMPARABLE GROWTH OF 2.4%.GRANDVISION - ‍EXPECTS AN IMPROVED REVENUE, ADJUSTED. EBITDA AND COMPARABLE GROWTH PERFORMANCE IN 3Q17​.GRANDVISION EXPECTS AN IMPROVED REVENUE, ADJUSTED. EBITDA AND COMPARABLE GROWTH PERFORMANCE IN 3Q17.2Q17 REVENUE, COMPARABLE GROWTH AND ADJUSTED. EBITDA IMPACTED BY TIMING OF EASTER, AS ANTICIPATED.H1 NET RESULT ATTRIBUTABLE TO EQUITY SHAREHOLDERS EUR 114 MILLION VERSUS EUR 117 MILLION YEAR AGO.NUMBER OF STORES AT END OF H1 6,631 VERSUS 6,211 AT END OF H1 2016.NET DEBT WAS €755 MILLION AT THE END OF JUNE 2017, COMPARED TO €750 MILLION AT YEAR-END 2016..IN THE UK , THE ACQUISITION OF 209 TESCO OPTICAL STORES IS ON TRACK TO CLOSE DURING 4Q17.  Full Article

Grandvision announces launch of CEO succession plan
Tuesday, 2 May 2017 01:02am EDT 

May 2 (Reuters) - Grandvision Nv :Grandvision announces launch of CEO succession plan.Its current chief executive officer, Theo Kiesselbach, plans to retire for personal reasons in 2018.Grandvision's supervisory board will now launch a search for CEO succession.Is expected that actual transition will take place in 2018.Kiesselbach continue in his current role until 2018.  Full Article

BRIEF-Grandvision FY Revenue Up By 5.6% At Constant Exchange Rates To EUR 3,450 Million

* FY REVENUE INCREASED BY 5.6% AT CONSTANT EXCHANGE RATES TO €3,450 MILLION (FY16: €3,316 MILLION)