Annual Report 2018

Business strategy

Upon its IPO in 2015, GrandVision formulated a strategy to deliver on key medium-term objectives for top-line growth, profitability, financial leverage, global expansion and dividend pay-outs. As of 2018, these objectives had been successfully met, with average revenue growth at constant exchange rates at 8.9%, supported by organic and M&A expansion, adjusted EBITDA average growth at constant exchange rates at 7.4% and the further development of our leading portfolio which we have positioned in the world’s best structural growth markets.