DIA Distribuidora Internacional de Alimentacion : 9M 2017 Results
October 26, 2017 at 01:59 am EDT
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In the first nine months of 2017, DIA Group posted gross sales under banner of EUR7.734bn, implying a 1.5% increase in euros and 1.4% in local currency versus the same period in the previous years. In a more competitive climate, DIA Group remains focused on its strategy of offering the customer the best products and services, always at the best price, with a network of modern stores that are adapted to consumers' changing needs.
DIA Group is continuing with the transversal digitisation of all its processes, from logistics, stores, to human resources with a focus on the customer. In Spain, at the end of September, DIA was present in 33 provinces with e-commerce under the DIA banner, with Clarel and Oportunidades Dia throughout Spain, and with Amazon Prime Now in Madrid and Barcelona. Sales in the online channel in Spain reached EUR40.2m in the first nine months of 2017, 2.9 times higher than the amount registered in the same period last year.
In terms of gross sales under banner across the entire Group, Argentina and Brazil contributed with 11.2% growth in local currency, reaching EUR2.805bn. Between January and September, comparable sales rose by 3.2%. In Spain, gross sales under banner slid by 4% to EUR4.287bn due to the store remodeling rate; in the first nine months of the year, the company remodeled 500 DIA Market, DIA Maxi, and La Plaza de Dia stores with an investment of around EUR75m. In Iberia, a total of 562 stores have been remodeled, and the number is expected to reach 600 by the end of the year. This would represent the biggest store remodeling programme in the company's history.
DIA - Distribuidora Internacional de Alimentación SA published this content on 26 October 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 26 October 2017 05:58:10 UTC.
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Distribuidora Internacional de Alimentacion SA (DIA SA) is a Spain-based company primarily engaged in the operation of supermarket chains. The Company focuses on the retail sale of food products through owned or franchised self-service stores under the DIA brand name. Its brand names range includes DIA Market, Fresh by DIA, DIA Maxi, La Plaza de DIA, Max Descuento, Clarel, el Arbol, Cada DIA, Minipreco and Mais Perto, among others. The Company also retails personal care, health and household products, as well as wholesales furniture and related equipment to hospitality, catering and food industry. The Company operates in a number of countries, such as Spain, Portugal, Brazil and Argentina.
DISTRIBUIDORA INTERNACIONAL DE ALIMENTACIÓN, S.A. 
