DIA CorporateIn the news

/ The company’s aim is to consolidate its leadership position in the Spanish food retail market. Antonio Coto stated that “we will concentrate our efforts in Spain, our main market, with a realistic and strict operating change plan in the short term, in order to reverse the current trend. We will focus on customer’s satisfaction and on cash generation”.

/ In Spain, capex reached EUR196m between January and September, implying a 71% increase.

/ Operating profit, adjusted EBITDA, fell by 24% to EUR281m.

/ The CEO wanted to make it clear that “it’s time to look ahead; I want to promote a DIA where the entire value chain must be put at the service of clients listening them to know their preferences and tastes, so they can find in our stores quality products at the best price with excellent service”.