GrandVision reports Half Year 2015 revenue growth of 16.9% and EPS growth of 23.2%

GlobeNewswire

Highlights

  • HY15 Revenue grew by 16.9% or 15.5% at constant exchange rates (2Q15: 15.3%) to €1,611 million (2Q15: €827 million)

  • Comparable growth of 5.2% (2Q15: 4.8%)

  • Adjusted EBITDA (i.e. EBITDA before non-recurring items) increased by 17.2% or 15.7% at constant exchange rates (2Q15: 16.0%) to €259 million (2Q15: €136 million)

  • The adjusted EBITDA margin improved by 4 bps to 16.1% (2Q15: +15bps to 16.5%)

  • Net result attributable to equity holders rose by 22.4% to €109 million

  • Earnings per share grew by 23.2% to €0.43

  • Total number of stores grew to 5,871 (5,814 at year-end 2014)

  • GrandVision`s Supervisory Board has approved an interim dividend of 0.14 EUR per share. The shares will trade ex-coupon as of 3 September 2015

  • The Half Year 2015 Financial Report is available at www.grandvision.com

  • GrandVision will host an analyst call on 20 August at 9am CET. Dial in details are available at www.grandvision.com and at the bottom of this press release

GrandVision HY15 Press Release


This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: GrandVision nv via GlobeNewswire
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