date:Oct 18, 2018
pended 2019 dividend payments on Monday due to a fall in sales, and named an executive from main shareholder LetterOne as provisional chairman. Shares in the budget chain, which faces tough competition in its home market from local heavyweight Mercadona and rivals like Lidl and Aldi, fell sharply after the warning to trade 22% lower at 1.48 euros by 1234 GMT. The company expects to book 2018 earnings before interest, tax, depreciation and amortisation (EBITDA) of between 350 and 400mln euros ($4