Optician company Grandvision, Pearle and Eyewish‘ parent company, experienced a 4.1 like-for-like turnover growth. That is slightly below last year’s like-for-like turnover growth, which reached 4.3 %.
Growth slows down in every market
The fourth quarter like-for-like turnover was 2.2 %, while last year’s like-for-like turnover growth reached 6.1 %. The drop is clear to see in every markets, but the “Other Europe” region, there was even a slight 0.7 % drop, while the Americas & Asia region experienced a 5.6 % growth. Last year, that growth reached 10.4 %. It did have a 3 % growth, half of last year’s number, in its four most important markets, called the G4.
The European drop is because of slower growth in Italy and Northern Europe, while the Americas & Asia region suffered from Russia’s weaker performance, nullifying the gains from South America.
Grandvision will publish its full-year 2015 numbers and fourth quarter numbers on 16 March.
