Company Earnings Update 3 minutesRegister for Free AccessDIA (BME: DIA) FY16 Results: Meets Targets with Strong Performance in Emerging Markets Coresight Research February 24, 2017 Executive Summary DIA reported FY16 sales of €8,867.6 million, slightly behind the consensus estimate of €8,953.9 million and up by 9.0% excluding currency effects, but down 0.6% as reported. Adjusted EPS grew by 3.9% to €0.42 (up 6.1% excluding currency effects). Sales in DIA’s home country of Spain and in Portugal increased by 1.1%, but in emerging markets declined by 1.9% as reported (up 26.3% excluding currency effects). DIA expects “mid-single-digit growth in gross sales” for the coming fiscal year, as it intends to downsize its selling area in Spain and anticipates lower inflation in the emerging markets where it operates. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: 4Q23 US Earnings Season Wrap-Up: Many Companies Report Better Performances Following the Holiday SeasonUS Store Tracker Extra, August 2023: Retailers To Open 78 Million Square Feet of New Retail Space This YearMass Merchandisers Gain from Cyber Monday: US Consumer Survey Insights 2023, Week 50Letting Growth Off the Leash in China’s Pet Industry: China Retail Insights