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Spain's DIA Posts Marginal Sales Increase In Q1

Published on May 10 2018 9:57 AM in Retail tagged: Featured Post / Spain / Portugal / DIA Group / Paywall

Spain's DIA Posts Marginal Sales Increase In Q1

Spain's DIA Group has posted a 0.2% increase in gross sales to €2.27 billion in the first quarter of its financial year, excluding currency effects.

This was largely boosted by positive sales growth in its Emerging Markets division, which saw an ex-FX increase of 7.9%, following a 22.2% gain in Argentina.

In Europe, sales were down 4.8% in Spain and 1.2% in Portugal, however this was due to a major store renovation programme carried out by the group.

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