Report

Dia : Very poor interims, as expected – Visibility still very limited

>Q2 2018 results: poor, as expected - With sales down 10.2% reported and up by just 1% on an organic basis +1.7% LFL, the group saw a marked deterioration in its profitability in Q2 2018. Consolidated EBITDA was down 20.5% on an organic basis to € 115.7m (vs € 121m estimated), i.e. a -121bp contraction in its margin to 6% (vs -3bp in Q1 2018). Consolidated EBIT: -33.9% on an organic basis to € 61.5m (vs € 65m est.), margin -135bp to 3.17% (vs -32bp in Q1 2018). Perfor...
Underlying
M. Dias Branco SA Industria e Comercio de Alimentos

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).

Provider
Oddo BHF
Oddo BHF

​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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