Free cash flow and cash conversion

GrandVision’s operations demonstrated a solid cash flow generation in 2016. Free cash flow was €255 million in 2016, compared to €220 million in 2015. The increase in free cash flow was primarily driven by higher cash flows from operating activities including improved working capital positions.

Free cash flow and cash conversion

2016

2015

Free cash flow (€ million)

255

220

Cash conversion (%)

48.8%

43.5%