Dia : Fresh warning (-20%-30%) on operating performances in 2018e
>New adjusted EBITDA guidance for 2018: -30 to -40% vs 2017 - Following a board meeting on 15 October, Dia has issued another warning on its 2018 profits (after its 2017 profit warning). Based on the Spanish press release posted on the Madrid stock market website (), our takeaways are as follows:Due to pressure on its sales, its gross margin and inflation in costs, Dia expects its 2018 adjusted EBITDA to be between € 350m and € 400m, which is 20-30% lo...Distribuidora Internacional De Alimentacion is a supermarket and convenience store group based in Spain. Co. is engaged in the retail trade of food through cut-price self-service supermarkets and franchise establishments. Co. is engaged in the operation of stores located in Spain, France, Portugal, Turkey, Argentina, Brazil and China.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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