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DIA Capitalises On Emerging Market Growth

By Publications Checkout
DIA Capitalises On Emerging Market Growth

Brazil and Argentina were the two strongest markets for Spanish retailer DIA in Q3 2012, posting growth of 24% and 39% respectively, as its sales for the period rose 6.4% to €2.98 billion.

In the Iberian peninsula, where DIA operates the majority of its stores, sales grew by 4.6% to €1.49 billion in the quarter, with like-for-like sales growth of 1.1%.

Convenience stores will form part of the group’s focus for next year, with CEO Ricardo Currás saying “we want to continue to grow with complementary formats to be ever-closer to consumers, as reflected in our latest decisions.”

 

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