Distribuidora Internacional De Alimentacion Sa · BME:DIA
Distribuidora Internacional De Alimentacion Sa — Investor Presentation (September 2025)
24 slides from Distribuidora Internacional De Alimentacion Sa's investor presentation, Sep 3, 2025
Slide 1: Investor Presentation 2025
Investor Presentation 2025
Slide 2: Disclaimer
DISCLAIMER This presentation is purely informative and should not be considered as a service, recommendation or offer of any financial product, service or advice, nor should it be interpreted as, an offer to sell or exchange or acquire, or an invitation for offers to buy securities issued by Distrib
Slide 3: Dia Group at a Glance
DIA GROUP AT A GLANCE Key F ina ncia ls ( 2024) GSUB ADJ. EBITDA & MARGIN(1) NET DEBT & LEVERAGE Spain Argentina €m €m | Margin % €m | (x Adj. Ebitda) 2,302 Stores 1,041 Stores €1.8bn €26m 26% 1.6% €241m | 0.8x 66% Franchised stores 76% Franchised stores 9% Net Debt | Leverage Ratio(2) €6.9bn €292m
Slide 4: Dia: Driving Long-Term Value Creation
Our Transformation Journey DIA: DRIVING LONG-TERM VALUE CREATION SUCESSFUL BUSINESS COMPETITIVE STRATEGIC TO ACHIEVE TRANSFORMATION ADVANTAGE AMBITION OUR GOAL ✓Proximity champion in ✓Enhance customer attractive food retail value proposition markets ✓Portfolio simplification ✓Increase awareness to ✓
Slide 5: Successful Business Transformation
Our Transformation Journey SUCCESSFUL BUSINESS TRANSFORMATION … Leaving a Robust Successful Strategic Turnaround Led to a Visible Financial Enhancement … Platform Poised for Growth 1 Portfolio Simplification 2019 2024 Stores(1) 6,626 3,343 2 Business Turnaround GSUB €8.7bn €6.9bn Spain Sales density
Slide 6: Spain: The Proximity Champion with Unique Competitive Advantages
Dia Today DIA SPAIN: THE PROXIMITY CHAMPION WITH UNIQUE COMPETITIVE ADVANTAGES AND DISTINCTIVE VALUE PROPOSITION 1 2 3 4 PROXIMITY AND BALANCED ASSORTMENT OMNICHANNEL FRANCHISE MODEL CONVENIENCE SELECTION OFFERING #1 Player in the Spanish Balanced High-quality #1 Franchise Operator In Differentiated
Slide 7: Spain: Renewed Value Proposition Has Driven Growth and Profitability (I/III)
Dia Today DIA SPAIN: RENEWED VALUE PROPOSITION HAS DRIVEN GROWTH AND PROFITABILITY (I/III) Turnaround Fuelling Top-line Growth … … Consistently Above Markets Dia Spain GSUB(1) (€m) Dia Spain LfL(2) Sales Growth vs Total Market Growth(3) (%) CAGR +7.4% 10.7% 10.4% 5,123 8.3% 4,856 4,438 5.6% 3.5% 2.2
Slide 8: Spain: Renewed Value Proposition Has Driven Growth and Profitability (II/III)
Dia Today DIA SPAIN: RENEWED VALUE PROPOSITION HAS DRIVEN GROWTH AND PROFITABILITY (II/III) Delivering Profitability Expansion … … and Achieving Industry-Leading Margins Adj. EBITDA Margin(1) (€m) Dia Spain EBITDA Excluding Rent (EBITDAR) Margin vs Peers (%)(3) ~11% Adj. EBITDA(1)(2) (€m) 123 194 26
Slide 9: Spain: Renewed Value Proposition Has Driven Growth and Profitability (III/III)
Dia Today DIA SPAIN: RENEWED VALUE PROPOSITION HAS DRIVEN GROWTH AND PROFITABILITY (III/III) Driving Cash Generation … … and Deleveraging Dia Spain Cash Flow Generation(1)(2) (€m) Dia Spain Net Leverage(3) Capex(1)(2) (€m) (207) (137) (99) Relevant investment in store openings and remodellings 5.0x
Slide 10: Spain: Market Opportunity and Competitive Dynamics
Dia Today DIA SPAIN: MARKET OPPORTUNITY AND COMPETITIVE DYNAMICS The Spanish Grocery Market Represents an Attractive Opportunity with Positive Tailwinds Customer Trends That Will Spain is a Sizeable European The Spanish Grocery Market Drive Future Growth are Market Demonstrating Solid has Exhibited
Slide 11: Spain: Leveraging Our Competitive Advantages to Boost Growth
Dia Today Governance DIA SPAIN: LEVERAGING OUR COMPETITIVE ADVANTAGES TO BOOST GROWTH 1 2 3 4 PROXIMITY AND OMNICHANNEL BALANCED ASSORTMENT FRANCHISE MODEL CONVENIENCE OFFERING Consumers demand Fast-growing Proximity segment increasingly a Fast, scalable, capex e-commerce channel expected to outgrow
Slide 12: Argentina: Proximity Leader in Buenos Aires
Dia Today DIA ARGENTINA: PROXIMITY LEADER IN BUENOS AIRES… #1 Proximity Food Retailer in Buenos Aires … … with a Unique Customer Value Proposition Leading Market Position Thanks to a Compelling Value Proposition and Strategic Levers ARGENTINA’S TOP BRAND CHOICE Top-of-mind brand in Buenos Aires base
Slide 13: Argentina: Proven Expansion Capabilities, Now on Hold
Dia Today DIA ARGENTINA: … WITH PROVEN EXPANSION CAPABILITIES, NOW ON HOLD Successful Store Network Expansion in 2021 – 2023 … … Primarily Led by Franchise Openings Dia Store Evolution(1) Dia Franchise Store Openings(2) Franchise openings(3)(%) Net openings Expansion pause 100% 94% 99% 100% +136 1,0
Slide 14: Argentina: Gradual Recovery in Food Consumption Expected from 2025
Dia Today DIA ARGENTINA: GRADUAL RECOVERY IN FOOD CONSUMPTION EXPECTED FROM 2025 Food consumption in Argentina is set to gradually …. from the low levels reached in 2024 following recent recover… austerity and disinflation policies Disposable Income1 and Consumer Staples Demand2 in Argentina Sales V
Slide 15: Argentina: Prudent Cost Management and Capex Discipline
Dia Today DIA ARGENTINA: PRUDENT COST MANAGEMENT AND CAPEX DISCIPLINE TO PRESERVE ITS NET CASH POSITION Resilient Performance in 2024 Gradual recovery expected from 2025 Our View For the Future Recovery of sales volume and Dia Argentina is demonstrating Leading market position in Buenos profitabilit
Slide 16: Dia Spain Strategic Plan – Creciendo Cada Dia
Our Strategic Plan 2025-29 Governance DIA SPAIN STRATEGIC PLAN – “CRECIENDO CADA DIA” I II III IV SHARE DIA’S STORY CAPTIVATE OUR LEAD THE MARKET IN STRENGTHEN OUR BROADLY AND CUSTOMERS PROFITABLE GROWTH WINNING FOUNDATION FREQUENTLY ✓ Expand store ✓ Enhance customer- network ✓ Reinforce the Dia cen
Slide 17: Dia Spain Strategic Plan: Key Growth Levers
Our Strategic Plan 2025-29 Governance DIA SPAIN STRATEGIC PLAN: KEY GROWTH LEVERS TO ACHIEVE A WELL- DEFINED FINANCIAL AMBITION … Outgrowing market and capturing GSUB [4-6% CAGR] market share Dia Spain Medium Adj. EBITDA Margin(1) [7.5%-8.0%] Best-in-class profitability by 2029 Term Vision 25-29E >2
Slide 18: Delivering Sustainable Long-Term Cash Generation
Our Strategic Plan 2025-29 Governance … DELIVERING SUSTAINABLE LONG-TERM CASH GENERATION Strategic Plan Will Deliver Strong Cash Generation … … to Drive Key Objectives Dia Spain Cash Generation (€m)(1) Uses of Cash: I ✓ Funding organic store network growth ✓ Improve logistics infrastructure 247 256
Slide 19: Strong Management Team Aligned with Strategic Plan Execution
Committed To Value Creation STRONG MANAGEMENT TEAM FULLY ALIGNED AND COMMITTED TO THE EXECUTION OF OUR STRATEGIC PLAN. … Our Leadership and Expertise Brings a Clear Vision for the Next Growth Phase of Dia Martín Guillaume Ricardo Agustín Tolcachir Gras Álvarez Ibero Group CEO Group CFO CEO Dia CEO D
Slide 20: Supported by an Independent and Experienced Board of Directors
Committed To Value Creation … SUPPORTED BY AN INDEPENDENT AND EXPERIENCED BOARD OF DIRECTORS The Board's skills and capabilities have been renovated and aligned with our growth strategy New composition of the board Following approval by the General Shareholders’ Meeting of June 20, 2025, 70% 50% the
Slide 21: Market Performance Starts to Reflect Dia's Transformation
Committed To Value Creation MARKET PERFORMANCE STARTS TO REFLECT DIA’S TRANSFORMATION Initial share price recovery and surging liquidity Stock Performance Average Daily Trading Liquidity YTD €m / day € 2.0 m € 1.9 m +90% Volume (shares) €/Share 1H 2025 450,000 Earnings Call 35.00 € € 1.3 m Refinanci
Slide 22: Proactive Investor Engagement to Showcase Dia's Value
Committed To Value Creation PROACTIVE INVESTOR ENGAGEMENT TO SHOWCASE DIA'S VALUE EXPANDED Dia’s Coverage Broadening our has grown from visibility among ANALYST 2 to 5 analysts in institutional COVERAGE the last 2 years investors 1H25 2H25e Proactively PROACTIVE London Madrid Londres Frankfurt Copen
Slide 23: Delivering on Our Strategic Plan for Sustainable Value Creation
Committed To Value Creation DELIVERING ON OUR STRATEGIC PLAN FOR SUSTAINABLE VALUE CREATION DI SPAIN DIA SPAIN • Our five-year strategic plan is on track • Dia Spain is maintaining its robust volume-driven profitable growth, Exciting Leading outperforming the market our Profitable Customers Growth •
Slide 24: investor.relations@diagroup.com
investor.relations@diagroup.com