Dia : Poor visibility and legitimate loss of confidence, we still steer clear
>Q2 2018 preview: further disappointments on sales and margins - Dia will report its Q2 and 2018 interims on Thursday 26 July before the open. These results are likely to disappoint once again.For Q2, we expect consolidated sales of € 1,990m, -9.2%e reported and +1.4%e LFL (vs +1.9% in Q1 2018). Excluding calendar effect, we expect a fall of -1%e LFL in Iberia (vs stability in Q1), the group facing deterioration in Portugal. The LFL in Latam are likely to improve...M. Dias Branco Industria e Comercio de Alimentos is engaged in the production of biscuits and pasta under brand names Richester(r), Adria(r), Isabela(r), Basilar(r), Zabet(r) and Fortaleza(r).
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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