Schiphol, the Netherlands - 21 January 2015. 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 mid-single 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.