Spain · Delayed Price · Currency is EUR Distribuidora Internacional de Alimentación Earnings Call Transcripts
Fiscal Year 2026
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First half 2026 saw strong growth in Spain, with double-digit sales increases, margin expansion, and accelerated store openings, while Argentina stabilized despite currency headwinds. Strategic initiatives, disciplined capital allocation, and digital focus underpin continued profitable growth.
Fiscal Year 2025
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Strong sales and margin expansion in Spain drove robust group results, with net income and free cash flow more than doubling. Argentina stabilized, and both segments are positioned for further growth in 2026, supported by accelerated expansion and disciplined capital allocation.
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First half 2025 saw robust growth in Spain, with strong profitability, cash flow, and debt reduction, while Argentina showed resilience amid macroeconomic challenges. Strategic expansion, digitalization, and governance improvements support long-term growth and sustainability.
Fiscal Year 2024
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2024 saw a successful turnaround, with Spain and Argentina as core markets, strong sales growth, improved profitability, and reduced debt. Spain outperformed the market in like-for-like sales and customer satisfaction, while Argentina gained market share despite economic headwinds.
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Turnaround and portfolio simplification completed, focusing on Spain and Argentina. H1 2024 saw strong sales, improved profitability, and reduced debt, with Spain leading growth and Argentina maintaining EBITDA profitability despite macro challenges.