DIA rises after swinging to H1 profit

Distribuidora Internacional de Alimentacion SA

31/07/2025 10:23

** Shares in DIA DIDA.MC rise 2% after the Spanish supermarket chain swung to profit in the first half of the year

** Net profit of 37.8 million euro compared to last year's 93.5-million-euro loss in the same period, and was considerably above the 2.4 millions from a Bloomberg consensus cited by Capital Markets

** "Perfect execution in Spain and positioned for recovery in Argentina," Renta 4 analyst Pablo Fernandez de Mosteyrin writes in a note

** He notes that the Spanish division of the company remained the growth driver, outperforming the market with sales up 7% year-on-year on higher volumes

** Including today's rise, the stock has gained around 92% from the start of the year

 (Reporting by Javi West Larrañaga)

 ((javier.west@thomsonreuters.com; +34 918 35 61 12))