Grandvision Reaches A 7.6% Ebit Margin

The French-based optical retailing group is still far from LensCrafters' 15 percent operating margin, but it made considerable progress in that direction in 2002, raising its own operating profit by 56 percent to 7.6 percent of sales throughout the group, up from 2.4 percent in 2000 and 5.2 percent in ...

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