Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Netherlands
  4. Euronext Amsterdam
  5. GrandVision N.V.
  6. News
  7. Summary
    GVNV   NL0010937066

GRANDVISION N.V.

(GVNV)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

GrandVision N.V., - GrandVision reports strong comparable revenue growth in 3Q21 of 5.8% versus 3Q20

10/28/2021 | 04:43am EST

GrandVision reports strong comparable revenue growth in 3Q21 of 5.8% versus 3Q20

GrandVision reports strong comparable revenue growth in 3Q21 of 5.8% versus 3Q20

Schiphol, the Netherlands - 28 October 2021. GrandVision N.V. publishes its Third Quarter and Nine Months 2021 results.

Due to the exceptional nature of the year 2020, GrandVision (the "Company") is also including comparisons versus 2019 in this press release.

Third quarter and nine months 2021 highlights

  • GrandVision's 3Q21 comparable revenue grew by 5.8% compared to 3Q20 and 10.0% versus 3Q19 at 2019 exchange rates excluding the disposed businesses. This represents a strong performance with the Company reaching growth above pre-pandemic levels
  • Strong adjusted EBITA in 3Q21 at €167 million (3Q20: €176m and 3Q19: €132m). Comparable adjusted EBITA, excl. extraordinary COVID-19 related effects and the disposed businesses, was 6% versus a strong 3Q20 and 33% above 3Q19
  • France, our biggest market, has continued to show sensitivity to COVID-19 related government actions. Measures implemented during the third quarter slowed down the strong recovery seen in the second quarter
  • In 9M21, comparable revenue increased 21.7% versus 9M20. Adjusted EBITA was €384 million in 9M21 (9M20: €153m and 9M19: €369m)
  • GrandVision's net debt position as of 30 September 2021 was€363 million (9M20: €602m)
  • The Company's rating on the Dutch Transparency benchmark improved by 7 points. This study is held amongst the largest companies in the Netherlands and focuses on transparency in CSR reporting topics

Attachment

Disclaimer

GrandVision SA published this content on 28 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 October 2021 08:42:03 UTC.


© Publicnow 2021
All news about GRANDVISION N.V.
01:23aEssilorLuxottica to Delist GrandVision as Takeover Period Closes
MT
10/29EssilorLuxottica Posts Third-Quarter Revenue Jump, Raises 2021 Outlook
DJ
10/28GrandVision N.V., - GrandVision reports strong comparable revenue growth in 3Q21 of 5.8..
PU
10/28GrandVision Says 2021 Like-For-Like Sales to Exceed 2019
MT
10/28GrandVision reports strong comparable revenue growth in 3Q21 of 5.8% versus 3Q20
AQ
10/07EssilorLuxottica Launches Takeover for Remaining Shares in GrandVision
DJ
10/07ESSILORLUXOTTICA : EssilorLuxxotica Makes Mandatory Offer to Buy Out Rest of GrandVision
MT
09/21GLOBAL MARKETS LIVE : Vivendi, EssilorLuxottica, Compass, StageCoach, Allianz...
09/20ESSILORLUXOTTICA : EssilorLuxxotica Buys Additional 3% Stake in GrandVision
MT
09/08GLOBAL MARKETS LIVE : Airbus, Ford, Intel, Apple, PayPal...
More news
Financials
Sales 2021 3 982 M 4 493 M 4 493 M
Net income 2021 235 M 266 M 266 M
Net Debt 2021 512 M 577 M 577 M
P/E ratio 2021 30,0x
Yield 2021 1,32%
Capitalization 7 198 M 8 118 M 8 121 M
EV / Sales 2021 1,94x
EV / Sales 2022 1,86x
Nbr of Employees 32 609
Free-Float 23,0%
Chart GRANDVISION N.V.
Duration : Period :
GrandVision N.V. Technical Analysis Chart | GVNV | NL0010937066 | MarketScreener
Technical analysis trends GRANDVISION N.V.
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 5
Last Close Price 28,35 €
Average target price 27,68 €
Spread / Average Target -2,35%
EPS Revisions
Managers and Directors
Stephan Borchert Chief Executive Officer
Willem Eelman Chief Financial Officer
Cornelis Job van der Graaf Chairman-Supervisory Board
Rianne Meijerman Member-Supervisory Board
Grita Loebsack Member-Supervisory Board
Sector and Competitors
1st jan.Capi. (M$)
GRANDVISION N.V.11.96%8 182
FIELMANN AG-11.89%5 433
NATIONAL VISION HOLDINGS, INC.4.31%3 969
ZHEJIANG LANTE OPTICS CO., LTD.-44.53%1 340
JINS HOLDINGS INC.-2.65%1 313
KITS EYECARE LTD.0.00%61