Schiphol, the Netherlands – 21 January 2016. GrandVision NV (EURONEXT: GVNV), reports comparable growth, based on constant exchange rates, for the Full Year and Fourth Quarter 2015.
Comparable growth was 4.1% in FY15 with 4.1% growth in the G4 segment, 3.2% in Other Europe and 6.6% in Americas & Asia.
In 4Q15, comparable growth reached 2.2% following growth of 6.2% in 4Q14. The G4 segment achieved 3.0% comparable growth with a consistent performance across all markets. Other Europe recorded a decline of 0.7% mainly due to a slowdown in Italy and Northern Europe. In the Americas & Asia segment,
comparable growth was 5.6% as high single digit growth in Latin America was partially reduced by a midsingle digit decline in Russia.
The figures in this press release are unaudited. GrandVision will report the Full Year and Fourth Quarter
2015 results on 16 March 2016.
Comparable growth (%) FY15 FY14 4Q15 4Q14
G4 4.1% 3.7% 3.0% 5.9%
Other Europe 3.2% 4.1% -0.7% 5.2%
Americas & Asia* 6.6% 9.4% 5.6% 10.4%
Total 4.1% 4.3% 2.2% 6.1%
* The Americas & Asia segment includes the United States as of 1 December 2015. Comparable growth for the United States will be included after its first full calendar year of consolidation, in accordance with the Group’s rules.
The figures in this press release are unaudited.
GrandVision will report the Full Year and Fourth Quarter 2015 results on 16 March 2016.
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