FFO at record level, above guidance
With the 2018 results, IGD delivers on all the targets in the 2016-2018 plan Thanks to the increase of 9.2% in rental income, which also benefited from the expanded perimeter, and the policy to maintain control of direct costs and general expenses, IGD’s results for 2018 show a core business EBITDA that rose 12.4% to […]
FFO up 21.5% in the first nine months of 2018
Guidance for FY 2018 FFO, calling for growth of at least 20%, confirmed The brilliant operating performance already recorded in the first half of 2018 continued and gained momentum, reflecting the contribution of the assets acquired from ECP which were, for the first time, included in the scope of consolidation for the entire quarter. Rental […]
FFO rises 22% in the first half of 2018
GUIDANCE FOR FY 2018 NOW CALLS FOR GROWTH OF AT LEAST 20% The brilliant operating performance recorded in the first half of 2018 reflects an 8.4% increase in rental income, as well as improved margins with the core business EBITDA margin coming in at 72.1% compared to 69.8% in the first semester of the prior […]
Net profit and FFO up by around 17%
FY 2018 GUIDANCE CONFIRMED AS A RESULT OF THE FIRST QUARTER PERFORMANCES The results for first quarter 2018 point to a solid operating performance: the 6.0% increase in the core business EBITDA fueled a noticeable increase in the EBITDA margin which rose from the 70.7% recorded in the first quarter of the prior year to […]
New record results for IGD in 2017
The results posted at 31 December 2017 show an increase of 6.7% in core business EBITDA with the EBITDA margin coming in at 69.7%, versus 69.3% in the prior year. Thanks to the combination of effective commercial policies and asset management, the freehold EBITDA margin reached 79.2%. FFO rose 21.7%, higher than the guidance of […]
FFO increases 22.8% in the first nine months of 2017
The results for the first nine months of 2017 show that the third quarter also benefitted from improvements in both operations and financial management, which led to a 74.1% increase in the Group’s net profit. Core business EBITDA was up 7.7% in the first nine months of 2017, as a result of both a 10.7% […]
Strong growth in net profit thanks to the improved operating performance and the positive impact of the changes in fair value
After the record results for 2016 and the encouraging results posted at 31 March 2017, IGD’s results at 30 June 2017 show an acceleration in the growth of the core business EBITDA in the second quarter of 2017 compared to the first. Core business EBITDA was up 6.9% in the half, driven by a 6.0% […]
2017 begins with an encouraging first quarter
After having closed 2016 with record results, in the first quarter of 2017 IGD posts further improvement in the key performance indicators. Revenues reflect the steadily increasing contribution of the shopping center in Grosseto and also benefitted from increased rents like-for-like in both Italy and Romania. Cost control continues to be effective with operating costs […]
