GrandVision reports Nine Months 2015 revenue growth of 15.5% and EBITDA growth of 16.7%
(Thomson Reuters ONE) -
Schiphol, the Netherlands - 10 November 2015. GrandVision N.V. publishes the
Nine Months and Third Quarter 2015 trading update.
Highlights
* 9M15 revenue increased by 15.5% or 14.7% at constant exchange rates (3Q15:
12.7% and 13.2%, respectively) to ?2,419 million (3Q15: ?808 million)
* Comparable growth in 9M15 was 4.7% (3Q15: 3.7%)
* Adjusted EBITDA (i.e. EBITDA before non-recurring items) grew by 16.7% or
15.4% at constant exchange rates (3Q15: 15.7% and 14.9%, respectively) to
?400 million in 9M15 (3Q15: ?142 million)
* The adjusted EBITDA margin improved by 18 bps to 16.5% (3Q15: +46bps to
17.5%)
* Total number of stores grew to 5,922 (5,814 at year-end 2014)
GrandVision 3Q15 Trading Update:
http://hugin.info/167729/R/1965603/717687.pdf
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originality of the information contained therein.
Source: GrandVision nv via GlobeNewswire
[HUG#1965603]
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Bereitgestellt von Benutzer: hugin
Datum: 10.11.2015 - 07:00 Uhr
Sprache: Deutsch
News-ID 433193
Anzahl Zeichen: 1431
contact information:
Town:
Schiphol
Kategorie:
Business News
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