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MarketScreener Homepage  >  Equities  >  Euronext Amsterdam  >  GrandVision N.V.    GVNV   NL0010937066

GRANDVISION N.V.

(GVNV)
  Report
Delayed Quote. Delayed Euronext Amsterdam - 10/23 11:39:57 am
23.45 EUR   -0.42%
09/04GLOBAL MARKETS LIVE : Carmakers join forces
09/04ESSILORLUXOTTICA : to appeal court verdict over GrandVision
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08/25ESSILORLUXOTTICA : Might Appeal Against Judgment Favoring GrandVision
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GrandVision N : Says Court Dismisses EssilorLuxottica Claims

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08/24/2020 | 01:03pm EDT

By Adria Calatayud

Grandvision NV said Monday that a district court has ruled in its favor and dismissed all claims made by EssilorLuxottica SA to receive documentation over the Dutch company's actions to mitigate the impact of the pandemic.

EssilorLuxottica, which last year agreed to buy Grandvision, said on July 18 that it filed proceedings before a district court in Rotterdam, Netherlands, to obtain information over the way the Dutch company had managed its business during the coronavirus crisis and to assess the extent to which it had breached its obligations under a support agreement between the two parties.

Grandvision, which on July 30 said it had launched an arbitration case against the Franco-Italian optical giant, said proceedings are advancing as planned. These proceedings are confidential and behind closed doors, the Dutch company said.

Grandvision reiterated its support for EssilorLuxottica with the shared objective to obtain regulatory approval for the closure of the transaction within the anticipated time frame.

 

Write to Adria Calatayud at adria.calatayud@dowjones.com

 


Stocks mentioned in the article
ChangeLast1st jan.
ESSILORLUXOTTICA 1.36% 115.7 Real-time Quote.-14.80%
GRANDVISION N.V. -0.42% 23.45 Delayed Quote.-14.48%
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All news about GRANDVISION N.V.
09/04GLOBAL MARKETS LIVE : Carmakers join forces
09/04ESSILORLUXOTTICA : to appeal court verdict over GrandVision
RE
08/25ESSILORLUXOTTICA : Might Appeal Against Judgment Favoring GrandVision
DJ
08/25ESSILORLUXOTTICA : may appeal court verdict over GrandVision
RE
08/24GRANDVISION N : Says Court Dismisses EssilorLuxottica Claims
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08/24ESSILORLUXOTTICA : EssiLux loses Dutch court case against takeover target GrandV..
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08/24District Court rules in favour of GrandVision
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Financials
Sales 2020 3 452 M 4 094 M 4 094 M
Net income 2020 -80,4 M -95,3 M -95,3 M
Net Debt 2020 710 M 842 M 842 M
P/E ratio 2020 -86,7x
Yield 2020 0,97%
Capitalization 5 950 M 7 044 M 7 058 M
EV / Sales 2020 1,93x
EV / Sales 2021 1,68x
Nbr of Employees 33 681
Free-Float 23,0%
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Technical analysis trends GRANDVISION N.V.
Short TermMid-TermLong Term
TrendsNeutralBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 9
Average target price 27,44 €
Last Close Price 23,45 €
Spread / Highest target 21,2%
Spread / Average Target 17,0%
Spread / Lowest Target 8,74%
EPS Revisions
Managers
NameTitle
Stephan Borchert Chief Executive Officer
Cornelis Job van der Graaf Chairman-Supervisory Board
Willem Eelman Chief Financial Officer
Melchert Frans Groot Vice Chairman-Supervisory Board
Peter Bolliger Member-Supervisory Board
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