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. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Weinswig’s Weekly: Growing Signs of Economic OptimismChina’s 6.18 Shopping Festival 2023: Three Trends To Watch, Discounting To Entice Cautious ConsumersAugust 2023 UK Retail Sales: Surprising Discretionary Resilience Even as Grocery Volume Declines ContinueEarnings Insights 4Q23, Week 4: Gildan Activewear, Sprouts Farmers Market and Walmart See Strong Sales Growth; The Home Depot Sees a Decline
