Feb 20 Grandvision, the Dutch eyeglass
store operator, on Monday reported a 5 percent rise in annual
adjusted core profit driven by efficiency gains and a higher
proportion of sales of exclusive brands.
Adjusted earnings before interest, taxation, depreciation
and amortisation (EBITDA) of 537 million euros were in line with
analysts' estimates in a Reuters poll.
Revenue was also in line with estimates at 3.32 billion
euros despite a negative currency effect of 3.1 percent linked
to weakness in the British pound and emerging market currencies.
(Reporting by Manon Jacob; editing by Jason Neely)