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Distribuidora Internacional de Alimentación (DIA) investor relations material
Distribuidora Internacional de Alimentación Q1 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Sales in Spain grew 11.1% year-over-year in Q1 2026, driven by 8.1% like-for-like growth and 3% from expansion.
Spain nearly doubled the market's growth rate, consolidating its leadership in proximity retail.
Argentina showed operational stabilization, though euro-denominated sales fell 19.7% due to currency depreciation.
Financial highlights
Group gross sales reached €1,763.7M, up 3.2% at constant currency but down 19.7% at current rates year-over-year.
Net sales in Spain were €1,178.2M, up 11.2% year-over-year; Argentina net sales pre-inflation adjustment were €279.3M, up 19.8% at constant currency.
Group net sales post-inflation adjustment (IAS 29) were €1,476.8M, up 13.4% year-over-year.
Outlook and guidance
Management expects 2026 to be a strategic turning point, with Spain as the growth engine and Argentina stabilizing.
- Net profit hit €129M in 2025, with Spain's growth and a 140% share price surge leading results.DIA
Q4 202526 Feb 2026 - Transformation completed, Spain leads growth, Argentina gains share, leverage at 0.8x.DIA
H2 20241 Dec 2025 - Strong Spanish growth and improved margins drove a return to profitability in H1 2025.DIA
H1 202516 Nov 2025 - Spain's robust sales growth and expansion offset Argentina's currency-driven decline.DIA
Q3 2025 TU30 Oct 2025 - Strong sales and EBITDA growth in Spain; net loss driven by discontinued operations.DIA
H1 202413 Jun 2025
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