There are 2.4 billion people in the world that need glasses and don’t have them. They have 6k outlets in 43 countries. 40% of people in Holland need glasses and 85% of seniors need them. It is a great play on aging. Low double digit growth. They are looking at Canada as a possible country to expand into.
Grandvision NV is a OTC stock, trading under the symbol GVNV-AMSTERDAM on the (). It is usually referred to as or GVNV-AMSTERDAM
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On , Grandvision NV (GVNV-AMSTERDAM) stock closed at a price of $.
(Top Pick Jun 25/15, Up 32.04%) There are a billion people in the world that wear glasses and contacts but 4.3 billion actually need them. 43 countries with 5800 stores. He will own this for years. It plays into demographics. They are a low cost operator.