Insight Report 2 minutes PremiumDIA (BME: DIA) 1Q16 Results: Integration Of Acquisitions Lifts Sales In Iberia Coresight Research May 12, 2016 Executive Summary DIA reported a 1Q16 revenue decline of 5.0%, to €2.0 billion, which was below the consensus estimate of €2.1 billion. Adjusted EBITDA was down 1.2%, to €117.0 million, just below consensus of €117.8 million. Adjusted operating profit was down 7.9%, to €62.3 million, below consensus of €63.3 million. Revenue and profitability were hit by unfavorable currency effects, due to the depreciation of the Argentine peso and the Brazilian real. The company’s progress with integrating its recently acquired Eroski and El Arbor assets contributed to a marginal revenue increase in Iberia. In FY16, DIA expects revenue and adjusted EBITDA to grow, in constant-currency terms. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: Weekly US and UK Store Openings and Closures Tracker 2023, Week 22: B&M Drives UK OpeningsKeeping the Lights on—Self-Reported Financial Resilience: US Consumer Survey InsightsUS Store Tracker Extra, May 2023: Aldi Openings Drive Total New Retail Space to 73 Million Square FeetInnovator Profile: Inoqo Drives Transparency Around Sustainability in Grocery Retail
