GrandVision NV: GrandVision reports First Quarter 2015 revenue growth of 16.9% and comparable growth

GrandVision NV: GrandVision reports First Quarter 2015 revenue growth of 16.9% and comparable growth of 5.5%

ID: 391845

(Thomson Reuters ONE) -



Highlights
* First Quarter revenue grew by 16.9% or 15.6% at constant exchange rates to
?784 million
* Comparable growth reached 5.5%
* Revenue growth was delivered in all segments:

* G4 revenue grew by 9.7% at constant exchange rates with comparable
growth of 6.8%
* Other Europe revenue grew by 19.9% at constant exchange rates with
comparable growth of 1.4%
* Latin America and Asia revenue grew by 48.5% at constant exchange rates
with comparable growth of 8.8%

* Adjusted EBITDA (i.e. EBITDA before non-recurring items) increased by 16.3%
to ?122 million
* Adjusted EBITDA margin was broadly stable at 15.6% including the diluting
impact of acquisitions.
* Excluding acquisitions, the adjusted EBITDA margin improved by 92bps
* Total number of stores was 5,825 (5,814 at year-end 2014)


GVNV First Quarter 2015 Trading Update:
http://hugin.info/167729/R/1919995/687699.pdf



This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: GrandVision nv via GlobeNewswire
[HUG#1919995]






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Bereitgestellt von Benutzer: hugin
Datum: 08.05.2015 - 07:00 Uhr
Sprache: Deutsch
News-ID 391845
Anzahl Zeichen: 1633

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