DIA

Companies 11th September 2025

DIA’s capital reduction leaves share capital at €290.29 million, divided into 58,058,898 shares worth €5 each

Link Securities | In relation to the resolutions approved by DIA’s General Shareholders’ Meeting held on 20 June 2025, which included a reduction in the company’s share capital of €290.29 million by reducing the nominal value of the company’s 58,058,898 shares from €10 to €5 per share, DIA reports that yesterday the nominal value of the company’s 58,058,898 ordinary shares was modified on the Madrid, Barcelona, Bilbao and Valencia Stock…

Companies 1st August 2025

DIA posts €37.8 million profit in H1 2025, compared to losses of €94 million in same period 2024

Alphavalue/DIVACONS | The supermarket chain reported its H1 2025 figures on Thursday, closing up 0.53%. Net sales of €2.857 billion (up 5% year-on-year); EBITDA of €133 million (up 4% year-on-year). Profit of €37.8 million compared to losses of €94 million in the same period last year. Martin Tolcachir, a director at Dia, stated that the 2025-2029 Strategic Plan is ‘progressing as planned’. The director explained that during 1H25, the business…

World economy 22nd March 2024

DIA’s Brazilian subsidiary to undergo restructuring process owing to negative results

Link Securities| DIA (DIA) informed the National Securities Market Commission (CNMV) that, on 20 March 2024, as a consequence of the persistent negative results of DIA Brasil Sociedade Limitada, a wholly-owned subsidiary of the company, the request by Dia Brasil for a judicial recovery has been approved, a restructuring process under Brazilian law with the aim of trying to overcome its current economic and financial situation. The request for judicial…

World economy 18th March 2024

DIA closes 60% of shops in Brazil due to persistent negative results, focus now on more profitable São Paulo area

Renta 4| According to a Relevant Fact issued in the Spanish National Securities Market Commission (CNMV) and a letter from its CEO, Martín Tolcachir, DIA has announced the closure of 343 of its 590 shops in Brazil, in addition to three warehouses. The Company takes the decision as part of the strategic review of the business in the country, already announced at its results conference on 29 February, and as…

Companies, In Spain, Relevant News Item 8th August 2023

DIA makes profit in Spain for the first time in six years: €6.3 million

Norbolsa | DIA achieves profits in Spain for the first time in six years. The company presented its first-half results with a net profit of €6.3 million, compared to the almost €55 million it lost in the first half of 2022. This is mainly due to the transformation process that the company is carrying out where one of the strategies is to reduce the commercial network, since 2018 they have…

Spanish economy, Spanish Small & Mid Caps 3rd February 2020

DIA Approves A Salary Increase For Its 16,000 Employees

The supermarket chain DIA and the unions representing their staff have just signed the new collective bargaining agreement for the period January 1, 2019 to December 31, 2021. This includes salary increases for the company’s 16,000 employees.Under the terms of the new agreement, modules A and B have been combined into one. This will have a salary of 13,700 euros for 2020 and 14,000 euros for 2021.

Spanish Small & Mid Caps 16th May 2019

DIA loses -144.4 M€ Q119, showing deterioration in fundamental position of its business

Bankinter | DIA´s Q119 results show a very negative evolution in its business. The following stand out: income 1.6646 Bn € (-7.2%), EBITDA 12.4 M€ (-77.7%), EBIT -119.9 M€ (vs -6.1 M€ in Q118) and losses of -144.4 M€ (vs -16.2 M€ in Q118). On 26 April DIA had already published an advance of the preliminary results for Q119. It anticipated sales of 1.615/1.715 M€ vs 1.793 M€, an EBIT of -115/-125 M€ and net annual profits of -140/-150 M€.

Letterone launches a bid for DIA at 0.67 €/share: shares rise 60%

Spanish Small & Mid Caps 2nd May 2019

LetterOne proposes changes in the bid conditions for DIA

Renta4 | LetterOne has communicated to the regulator (CNMV) that it will further extend the acceptance period for its bid to 6 May inclusive (compared to 30 April before, and the 23 April originally established) after the company made public and advance of its Q119 results last week which continue to show a significant operational deterioration.

Companies, Markets, Spanish Small & Mid Caps 20th March 2019

DIA: Shareholders opt for LetterOne Plan

Ana Fuentes | It was seen coming: with low participation in the General Assembly of Shareholders, the restructuring plan chosen for the company was that proposed by LetterOne, controlled by Mikhail Fridman and backed by Goldman Sachs, which owns 29.01% of the Group.

Markets, Spanish Small & Mid Caps 31st January 2019

DIA Supermarkets, In The Middle Of The Process Of Repositioning Of Their Business Model

The supermarket chain DIA has announced the new configuration of its Executive Committee. This will include a Director of Transformation, will seek to redesign the business model, simplifying the processes and increasing efficiency. However, there remains uncertainty about the success of this repositioning because of the very aggressive competitive environment.

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