Spanish group Dia has announced its five-year strategic plan “Growing every day”, with the aim of strengthening its position in the proximity food distribution sector. The company plans to invest between 150 and 180 million euros per year until 2029 to support its expansion in Spain and improve its omnichannel offering.
In Spain, Dia will open more than 300 new stores, mainly through the franchise model, and aims to increase online sales to 5-6% of the total. In addition, it is estimated to create around 3.000 new jobs.
“We want Dia to continue to grow with our teams, franchisees and investors, becoming the favorite grocery store in every neighborhood,” said CEO Martín Tolcachir. The company expects a compound annual growth rate (CAGR) of 4-6% and an adjusted EBITDA margin of 7,5% to 8%, positioning it among the leaders in the industry.
In Argentina, Dia also aims to consolidate its presence, expecting a recovery in consumption from 2025. The company will maintain its competitive pricing policy and an assortment aimed at meeting local demand.
“The plan reflects the strength of our model and our ability to generate sustainable value,” said Benjamin Babcock, Chairman of the Board of Directors of Grupo Dia. The company also aims to strengthen its image in the market, expanding its dialogue with investors and analysts to ensure solid and sustainable growth.
