Listed at Euronext in Amsterdam (Stock Symbol: GVNV)
How to Open a Trading Account to Invest in GrandVision Shares
Opening an investment account with an Online Broker is a process that is completed online and requires:
First, choose the broker that best fits you. Here, we present eToro as the main choice.
Upload an ID and a proof of address (electricity, water bills, etc.), through the Broker's App or via email.
Whether you open it with eToro or with another broker, make sure to choose the right base currency of the account. With some brokers, changing it once you open the account can be painful. Trading Accounts may be based in US Dollars (USD), Euros (EUR), Pound Sterling (GBP), Swiss Franc (CHF), Australian Dollar (AUD) as the base currency. Practically all of them offer the option in US Dollars or Euros.
Once the account has been approved by the Broker, it's time to deposit cash. The depositing and withdrawing money methods are usually Credit Cards, Bank Transfers or eWallets (PayPal, PaySafe, Skrill, SafetyPay, Neteller, among many others). The available options to deposit funds will depend on each Broker. A vital fact to mention is that all of the Brokers presented above allow you to use a simulator on their platform, that is, they allow testing their Demo account, which is totally Free. In other words, you can open a Demo account, try the platform, and then decide whether to deposit money or not.
Upon the capital is credited into your credited account, you may now buy the Stock.
Is it easy to invest in GrandVision Shares?
Online Brokers allow investing in Shares straightforwardly through optimized apps that grant easy and fast access to financial markets. In fact, most platforms resemble a social network or any other phone app: They are designed so that the investor can learn and start trading very quickly, without the need for much prior knowledge. Literally, to buy shares of GrandVision, you have to:
open a trading account as explained before,
Search for "GrandVision" on the Broker's Trading platform, and
press the "Buy" button.
And, done, you are officially investing in the co's shares.
GrandVision NV dates back to 1891 and is a global optical retailer with over 7,000 stores in 40 different countries across Europe, North and Latin America and Asia, serving over 150 million customers globally.
Company products include various expert optical services, prescription glasses including frames and lenses, contact lenses and sunglasses, both plain and with prescription lenses, and more. Company local banners include Apollo-Optik in Germany, Générale d'Optique and GrandOptical in France, Pearle in the Netherlands, Belgium and Austria, Eye Wish Opticiens in the Netherlands, and Vision Express in the United Kingdom, India, Ireland, Hungary, the Middle East and Poland.
During the first fiscal quarter of 2019, the company reported revenue growth of 7.5% to €974 million. In 2019, the company announced the acquisition of online optical retailer Charlie Temple and an agreement with El Corte Inglés to boost the development of the optical brand, Óptica2000.