- Business and strategy
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GrandVision's operating result (EBIT) increased by 1.4% to €358 million in 2016, compared to €353 million in 2015. The increase in the operating result was achieved through revenue growth, network expansion, as well as cost management and the continued roll-out of our global capabilities, which led to efficiency gains across our business.
Depreciation and amortization of software increased to €127 million in 2016 from €121 million in 2015 in-line with the underlying growth of the business. Total amortization and impairments was €37 million in 2016 compared to €32 million in 2015.