Its Shareholder meeting at Dia today. Yesterday DIA have released additional information in relation to their financial facilities.
The banks have agreed to extend existing maturities to 31 March 2023
As per Tomas’ email below, the announced purchase alliance with Auchan, Dia and Metro - while mighty - is on its own unlikely to have a great impact on margins in the short term.
Dia Results today - 8;30 UK time : Webcast: www.diacorporate.com Telephone
Dia Results today - 8;30 UK time : Webcast: www.diacorporate.com Telephone numbers: +34 91 4146280 +44 (0) 2071 928000
Management have pulled forward results to this Friday.
Clearly that’s a positive signal.
Some more notes:
- Thomas Cook: A January research note from Bernstein has apparently been surfacing, according to which in the first week of January
Michael Friedman’s L1 has launched an offer for Dia