DIA Group appoints Luisa Delgado as Independent Director

DIA Group appoints Luisa Delgado as Independent Director

NEGOCIO – TAGS | Luisa Deplazes de Andrade Delgado has extensive leadership and management experience at consumer goods multinationals. She will join the Group on 1 November 2021. Madrid, 29 April 2021. DIA Group’s Board of Directors has approved the appointment of Luisa Delgado as Independent Director. This appointment strengthens the company’s governing body with…

DIA Group 2021 Q1 Trading Update

DIA Q1 2021 Trading Update

NEGOCIO – TAGS | Strong group Like-for-Like performance in January and February, continuing trends set in previous year, with full quarter comparison affected by Covid-19 stockpiling buying across all markets in March 2020 Group Net Sales impacted by fewer stores and currency effect in Brazil and Argentina, with resilient local currency comparative performances Group Net…

Capital Increase

DIA Group to increase capital by up to €1,028 million

NEGOCIO – TAGS | DIA to equitize €269 million of Notes with maturity in April 2023, in addition to conversion of €500 million of debt into equity announced last November. €259 million in cash for minority shareholders to participate in capital increase. Transaction, which can reach up to €1,028 million, improves Group’s capital structure agreed…

2020 Financial Results

2020 Financial Results

NEGOCIO – TAGS | Multi-year business transformation on track, driven by empowered country leadership and strategic corporate centre. 2020 business performance propelled by new commercial offer, rollout of updated franchise model, online expansion and operational improvements. Positive cashflow from operations and stable trade working capital support solid liquidity position. Agreement with syndicated lenders, bondholders and…

Trading update

Trading update Q4 2020

NEGOCIO – TAGS | Consistent positive Group Like-for-Like maintained, reflecting sustained improvement in commercial offer and operational performance. More than 23 per cent increase in average basket size across all markets, more than offsetting 13 per cent fewer tickets. Strong performance in Spain through continued emphasis on fresh assortment, positive customer take-up of new store…

DIA Group

DIA Group completes capital structure transformation

NEGOCIO – TAGS | Long-term financing and capital structure solution agreed with 100 per cent of syndicated lenders and underpinned by significant support from reference shareholder LetterOne Forty per cent reduction in leverage, refinancing risk eliminated and no material debt maturities for five years Conversion of €500 million of debt into equity; €902 million syndicated…

DIA brings its customes "New Quality" this Christmas

DIA brings its customes “New Quality” this Christmas

NEGOCIO – TAGS | DIA ha reformulado la receta de sus productos de marca propia más tradicionales de estas fechas. La compañía ha desarrollado nuevas referencias y formatos para dar respuesta a las necesidades actuales de los consumidores. La cadena de alimentación presenta su nueva marca de dulces navideños, ‘Dulce Noel’. Madrid, 16 de noviembre…