Edition:
United Kingdom

Distribuidora Internacional de Alimentacion SA (DIDA.MC)

DIDA.MC on Madrid SE C.A.T.S.

0.50EUR
14 Dec 2018
Change (% chg)

€-0.01 (-1.88%)
Prev Close
€0.51
Open
€0.50
Day's High
€0.55
Day's Low
€0.47
Volume
11,467,226
Avg. Vol
12,031,660
52-wk High
€4.82
52-wk Low
€0.33

Latest Key Developments (Source: Significant Developments)

DIA Considers Divestments, Capital Increase For Up To 600 Mln Euros
Wednesday, 12 Dec 2018 

Dec 12 (Reuters) - Distribuidora Internacional de Alimentacion SA ::CONSIDERS POSSIBILITY OF STRENGTHENING CAPITAL STRUCTURE BY MEANS OF A FUTURE CAPITAL INCREASE WITH PRE-EMPTIVE SUBSCRIPTION RIGHTS.SAYS ENTERED INTO STANDBY UNDERWRITING COMMITMENT WITH MORGAN STANLEY & CO. INTERNATIONAL PLC FOR 600 MILLION EUROS.SAYS CONSIDERS DIVESTMENT PLAN AS PART OF ITS STRATEGIC PLAN.DIVESTMENT PLAN WOULD AFFECT, IN PARTICULAR, CASH AND CARRY BUSINESS (MAX DESCUENTO) AND WOULD IMPLY DIFFERENT STRATEGIC OPTIONS FOR CLAREL, INCLUDING ITS SALE.  Full Article

DIA Says Is In Advanced Talks With Creditors To Refinance Co's Debt
Tuesday, 11 Dec 2018 

Dec 11 (Reuters) - Distribuidora Internacional de Alimentacion SA ::SAYS IS IN ADVANCED TALKS WITH BANKING ENTITIES TO REACH AGREEMENT TO REFINANCE CO'S DEBT.  Full Article

DIA Says Stephan DuCharme Resigns As Director; Richard Golding Becomes Acting Chairman
Tuesday, 4 Dec 2018 

Dec 5 (Reuters) - Distribuidora Internacional de Alimentacion SA ::SAID ON TUESDAY STEPHAN DUCHARME HAD RESIGNED FROM THE POST OF DIRECTOR OF THE COMPANY, EFFECTIVE AS OF DECEMBER 4.STEPHAN DUCHARME WAS A PROPRIETARY DIRECTOR NOMINATED BY LETTERONE INVESTMENT HOLDINGS AND MANAGING PARTNER OF L1 RETAIL.LETTERONE INTENDS TO REQUEST THE APPOINTMENT OF A NEW PROPRIETARY DIRECTOR OF DIA SHORTLY.RICHARD GOLDING, SECOND VICE CHAIRMAN, WILL BECOME THE ACTING CHAIRMAN ON A TEMPORARY BASIS AND UNTIL A NEW CHAIRMAN IS APPOINTED.  Full Article

DIA Aggregated Short Positions Rise To 12.50 Pct On Nov. 23 - Market Regulator
Monday, 26 Nov 2018 

Nov 26 (Reuters) - Comision Nacional del Mercado de Valores (CNMV)::DIA <<>> AGGREGATED SHORT POSITIONS AT 12.50 PERCENT ON NOVEMBER 23 VERSUS 11.45 PERCENT ON NOVEMBER 9 .  Full Article

DIA Short Positions Fall To 11.45 Pct On Nov. 9 - Market Regulator
Monday, 12 Nov 2018 

Nov 12 (Reuters) - Comision Nacional del Mercado de Valores (CNMV)::DIA <<>> AGGREGATED SHORT POSITIONS AT 11.45 PERCENT ON NOVEMBER 9 VERSUS 13.36 PERCENT ON OCTOBER 26 .  Full Article

DIA To Analyse Potential Strategic Alternatives For Non-Core Businesses
Tuesday, 30 Oct 2018 

Oct 30 (Reuters) - Distribuidora Internacional de Alimentacion SA ::SAYS TO ANALYSE POTENTIAL STRATEGIC ALTERNATIVES FOR NON-CORE BUSINESSES INCLUDING CLAREL, MAX DESCUENTO BUSINESSES.  Full Article

DIA Sees 2019 Capex Below 200 Million Euros
Tuesday, 30 Oct 2018 

Oct 30 (Reuters) - Distribuidora Internacional de Alimentacion SA ::SAYS SEES 2018 CAPEX AT ABOUT 350 MILLION EUROS.SEES MID-SINGLE DIGIT TOP LINE GROWTH FOR 2020-2023.SEES CAPEX AT 3.5%-4.0% IN THE 2020-2023 PERIOD.SEES 2019 CAPEX BELOW 200 MILLION EUROS.  Full Article

DIA 9-Month Adjusted EBITDA Down 24 Pct At 281.1 Mln Euros YoY
Tuesday, 30 Oct 2018 

Oct 30 (Reuters) - Distribuidora Internacional de Alimentacion SA ::9-MONTH NET SALES 5.49 BILLION EUROS VERSUS 6.38 BILLION EUROS YEAR AGO.9-MONTH ADJUSTED EBITDA 281.1 MILLION EUROS VERSUS 370.2 MILLION EUROS YEAR AGO.9-MONTH LIKE-FOR-LIKES IN IBERIA ARE DOWN 0.3 PERCENT YOY.9-MONTH ADJUSTED EBITDA MARGIN CONTRACTED BY 68 BPS IN THE PERIOD UNTIL 5.1 PERCENT.FOR FY 2018 REITERATES ITS EUR 350-400 MILLION ADJUSTED EBITDA RANGE.NET DEBT 1.42 BILLION EUROS AT END-SEPT 2018 VERSUS 891.3 MILLION EUROS AT END-DEC 2017.  Full Article

DIA Short Positions Fall To 13.36 Pct At Oct. 26 – Regulator
Monday, 29 Oct 2018 

Oct 29 (Reuters) - Distribuidora Internacional de Alimentacion SA ::AGGREGATED SHORT POSITIONS AT 13.36 PERCENT ON OCT. 26 VERSUS 17.65 PERCENT ON OCT. 12 – MARKET REGULATOR.  Full Article

DIA Restates FY 2017 Net Profit To 90 Mln Euros From 110 Mln Euros
Monday, 22 Oct 2018 

Oct 22 (Reuters) - Distribuidora Internacional de Alimentacion SA ::SAYS CONSIDERS THAT CERTAIN ADJUSTMENTS SHOULD BE INCORPORATED TO THE 2017 CONSOLIDATED FINANCIAL STATEMENTS.2017 ADJUSTMENTS MAY HAVE HAD AN ESTIMATED NEGATIVE IMPACT ON EQUITY OF ABOUT EUR 70 MILLION.AFTER CALCULATING TAX EFFECT, CO BELIEVES NEGATIVE IMPACT ON EQUITY TO BE REDUCED DOWN TO ABOUT EUR 56 MILLION AND IS MOSTLY ATTRIBUTABLE TO IBERIAN OPERATIONS.MAJORITY OF EUR 20 MILLION EFFECT ON 2017 PROFIT COMES FROM OVERESTIMATES IN COMMERCIAL DISCOUNTS TO BE RECEIVED FROM SUPPLIERS.ON RESERVES, EUR 18 MILLION CORRESPOND TO SUPPLIER INVOICES TO BE RECEIVED WHICH WERE REGISTERED IN PERIOD DIFFERENT THAN THAT WHICH WERE DULY ATTRIBUTABLE TO.THESE CORRECTIONS ARE AIMED AT ALLOCATING INCOME AND EXPENSES TO EACH RELEVANT PERIOD, BUT DO NOT INVOLVE ANY CASH MOVEMENTS.REMAINING EUR 18 MILLION BASICALLY CORRESPONDS TO VARIOUS PROVISION-RELATED ESTIMATES THAT ARE TAKEN FROM ONE PERIOD ON TO THE OTHER.  Full Article

Struggling Spanish supermarket chain DIA considering capital increase

MADRID, Dec 12 Spanish supermarket chain DIA said on Wednesday it was considering raising capital, two days after its dwindling stock crashed out of Spain's blue-chip market index.