Brief: DIA Q4 Total Sales GSUB Down 28.6% At 1.98 Bln Euros YoY

Distribuidora Internacional de Alimentacion SA

24/01/2024 17:27

Jan 24 (Reuters) - Distribuidora Internacional de Alimentacion SA  DIDA.MC :
    * DIA GROUP ENDS THE 4Q23 WITH GROSS SALES UNDER BANNER (GSUB) OF 1,984 MILLON EUROS
    * GROUP LIKE-FOR-LIKE SALES FOR 4Q23 REMAINED IN LINE WITH PREVIOUS YEAR, DRIVEN BY GROWTH
IN
SPAIN WITH SALES LFL OF 7.1%
    * Q4 GROUP TOTAL SALES GSUB INCLUDING STORES UNDER DISPOSAL 2.27 BILLION EUROS DOWN 29.5%
YOY
    * FY GROUP TOTAL SALES GSUB INCLUDING STORES UNDER DISPOSAL 8.99 BILLION EUROS DOWN 19.6%
YOY
    * FY GROUP TOTAL SALES GSUB EXCLUDING STORES UNDER DISPOSAL 7.65 BILLION EUROS DOWN 19.4%
YOY
    * FY GROUP TOTAL SALES LIKE-FOR-LIKE EXCLUDING STORES UNDER DISPOSAL UP 3.1% YOY
    * SPAIN AND ARGENTINA WILL BE THE ENGINES OF GROWTH IN 2024

Source text for Eikon:  ID:nCNM8kx4h4 
Further company coverage:  DIDA.MC 

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