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Grandvision NV (GVNV.AS)

GVNV.AS on Amsterdam Stock Exchange

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Latest Key Developments (Source: Significant Developments)

GrandVision updates medium term guidance before investor day
Thursday, 20 Sep 2018 

AMSTERDAM, Sept 20 (Reuters) - GVNV.AS::**Keeps medium average revenue growth target of at least 5 percent.**Target assumes constant exchange rates.**Revenue target comprises 3 pct comparable growth, 1 pct growth from store openings and 1 pct growth from acquisitions..**Company sees an increase in medium or large acquisitions.**Company says adjusted EBITDA growth "in line" with revenue growth.**Capex will remain at 4-6 pct of revenue.**Dividend payout ratio will remain at 25-50 pct.**Company will increase dividend per share "over time".  Full Article

GrandVision Sees Improved Level Of Comparable Growth In Q3
Thursday, 20 Sep 2018 

Sept 20 (Reuters) - GRANDVISION NV ::GRANDVISION WILL RECONFIRM MEDIUM-TERM FINANCIAL OBJECTIVES FOR PERIOD UNTIL 2023 DURING CAPITAL MARKETS DAY.SEES MEDIUM-TERM AVERAGE REVENUE GROWTH TARGET OF AT LEAST 5% AT CONSTANT EXCHANGE RATES MAINTAINED.BY 2023, WE EXPECT E-COMMERCE TO CONTRIBUTE ABOUT 10% TO GRANDVISION'S REVENUE.SEES DIVIDEND PAYOUT RATIO TO REMAIN AT 25-50% WITH INTENTION TO INCREASE DIVIDEND PER SHARE OVER TIME UNTIL 2023.SEES CAPITAL EXPENDITURE TO REMAIN AT 4-6% OF REVENUE UNTIL 2023.OUR INTENTION IS TO INCREASE OUR M&A ACTIVITIES IN COMING YEARS.AIMING TO FURTHER STRENGTHEN OUR PRESENCE IN NORTH AMERICA AND ASIA.SEES ADJUSTED EBITDA GROWTH IN LINE WITH TOTAL REVENUE GROWTH UNTIL 2023.SEES UNTIL 2023 AN INCREASE OF MEDIUM AND LARGE M&A TO DELIVER ADDITIONAL REVENUE GROWTH, WHILE MAINTAINING FINANCIAL DISCIPLINE.FOR Q3, GRANDVISION IS NOW FORECASTING AN IMPROVED LEVEL OF COMPARABLE GROWTH VERSUS FIRST HALF OF 2018.WE CONTINUE TO EXPECT A STRONG YEAR-END PERFORMANCE DRIVEN BY 1.5 ADDITIONAL SELLING DAYS IN Q4.WE CONTINUE TO EXPECT ADJUSTED EBITDA GROWTH IN H2 TO IMPROVE COMPARED TO H1 OF 2018.SEES WEAKER Q3 ADJUSTED EBITDA PERFORMANCE AND STRONGER ONE IN Q4.  Full Article

Grandvision Q1 Revenue Up At EUR 913 Million
Thursday, 26 Apr 2018 

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 

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 

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

GrandVision acquires additional 30% stake in Visilab
Monday, 2 Oct 2017 

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 

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 

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