Noticias DIA

DIA Group posts net sales of €5.0bn for 9M 2019, down 7.4% while performance shows a recovery in like-for-like

NEGOCIO – TAGS | The Company achieves positive Adjusted EBITDA of EUR 48.3m.excluding one-offs. At the end of September, the Company had EUR 384.5m. of liquidity available before the capital increase. Management continues with the restructuring of the store network that will allow for a right-sized and healthy business for the future. Throughout the first…

Noticias DIA

DIA Appoints Group Chief Operations Officer

NEGOCIO – TAGS | Matthias Raimund is appointed Chief Operation Officer for the Group. The Company continues to strengthen its structure as it undertakes deep changes. DIA Group continues to incorporate international talent with the appointment of Matthias Raimund as Chief Operating Officer Group-wide. Matthias as COO will work to ensure that the company’s entire…

Noticias DIA

DIA Group posts net sales of €3.4bn for H1 2019, down 7%

NEGOCIO – TAGS | July and August overall like-for-like sales show gradual progress. One-off impacts included in the Adjusted EBITDA, totaling EUR 88.8m, relate to stock liquidation efforts and to accounts receivable write-offs. The Company set to promote the initial sales recovery with several initiatives. With a strong and long-dated capital structure, available resources of…

Noticias DIA

DIA Appoints Group Chief Commercial Officer

NEGOCIO – TAGS | Dawid Jaschok is appointed Chief Commercial Officer for the Group. The Company attracts strong international talent and expertise in core business areas. Madrid, August 5, 2019 – We are pleased to announce that Dawid Jaschok has joined the Company as the new Chief Commercial Officer of DIA Group. Dawid brings to…

Noticias DIA

DIA secures €771 million and opts for an additional €100 million, obtaining long-term financial stability

NEGOCIO – TAGS | €271m new debt financing from existing lenders and LetterOne €600m of new equity financing of which €500m underwritten by LetterOne DIA to receive immediate liquidity injection from LetterOne as part of its €500m equity commitment / With long-term financial structure secured, DIA’s focus is now fully on turning the business around…

Noticias DIA

Board of Directors changes

NEGOCIO – TAGS | Once the National Securities Market Commission (“CNMV”) published on 17 May 2019 the positive result of the voluntary tender offer launched by L1R Invest1 Holdings S.à r.l. (“LetterOne”) for the acquisition of shares of the Company, and after the communication of the privileged information (información privilegiada) published by LetterOne on 20…

Noticias DIA

DIA implements the Franchise Circle of Excellence

NEGOCIO – TAGS | Revitalising the franchise is one of the pillars of change within the Business Plan For the ninth consecutive year, the company will be present at Expofranquicia. With the aim of revitalising and promoting the franchise model and strengthening ties with franchisees, the company has created the Franchise Circle of Excellence, a…