5.1Summarised business and
earnings performance

DIA extends its solid topline growth

In 2012 DIA generated gross under-banner sales of €11.68 billion, constant-currency growth of 6.7% year-on-year.

Revenue and earnings momentum was underpinned by strong business performances in Spain and, above all, fast-growing markets such as Brazil and Argentina, where adjusted EBITDA rose by 26.3% in 2012. DIA’s adjusted EBITDA rose by 9.4% year-on-year in constant-currency terms to €609.5 million, while adjusted net profit was €190.1 million, growth of 19.3%.

DIA extends its solid topline growth

The growth attained in 2012 was underpinned, among other things, by investment to spread the new store models, whether owned or franchised. At 31 December 2012, DIA had 6,914 stores across its seven operating markets, 244 more than at year-end 2011. Excluding Turkey, net store openings totalled 266 in 2012, in line with guidance.

Of the 4,024 DIA-owned stores, 68% belong to the neighbourhood shopping formats – DIA Market and DIA Fresh – and 32% to the larger format – DIA Maxi. The number of franchise stores, 2,890, represents 41.8% of the company’s total network, underscoring the strategic role played by this regime within DIA’s overall business strategy.

DIA’s retail floor area increased by 2.8% over 2011 to 2.8 million square meters. Growth in this metric was fastest in Brazil, where the retail floor area increased by 23.2%.

This buoyant business performance drove EPS growth of 21.6% to €0.287. Management guidance calls for continued double-digit EPS growth in 2012-2015.

Parque empresarial de las Rozas - Edif. TRIPARK
C/ Jacinto Benavente 2 A 28232 Las Rozas. Madrid - España

Production and coordination:
DEVA | Comunicación financiera y sostenibilidad

STROCEN.COM | New Corporate Design

Web development:
efe6 <Rebuilding ideas/>

Jesús Umbría / DIA