MONTRÉAL, March 20, 2018 (GLOBE NEWSWIRE) -- New Look Vision Group Inc. ("New Look Vision" or the ‘Company’) (TSX:BCI), a leader in the Canadian optical business with 379 stores across Canada, reported financial results today for the 13 and 52 weeks ended December 30, 2017 (“Q4 2017” and “fiscal 2017”). This press release should be read in conjunction with the Company’s management discussion and analysis (the “MD&A") and consolidated financial statements for fiscal 2017, which are available on the Company’s website at www.newlookvision.ca/investors and have been posted on SEDAR at www.sedar.com.

Revenues reached $67.5 million and adjusted EBITDA(1) reached $12.5 million for Q4 2017, representing increases of 23.9% and 28.3% respectively over last year. The revenue increase was mainly due to the net addition of 159 stores to the network in the last twelve months as well as same store sales growth of 2.8% over last year.

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