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: India’s Post-Pandemic Retail Revival: Five Key Trends Signaling the Brick-and-Mortar ComebackData Dive: US Return to Office—Three Retail-Relevant Trends You Don’t Already KnowHoliday 2023: Early US Retail Outlook3Q22 US Retail Inventory Tracker: Most Retailers See Inventory Growth Slow