Dear Shareholders, 2017 opens with the positive signals that emerge from the first quarter results. The bottom line of the income statement shows an increase of 13.0%, which reflects both the improved operational management (EBIT was up by 7.6%), and the positive contribution of financial management linked to the decrease in the cost of debt […]
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 […]
On 19 April 2017 IGD’s BoD appointed Elio Gasperoni Chairman of the Company. Mr. Gasperoni, who over time has held different positions in public administrations and various local institutions, is Vice Chairman of Coop Alleanza 3.0 and has been a member of IGD’s BoD since 2015. The following message is his first contribution to our […]
As of 3 April 2017 the new portal developed by IGD as part of its Corporate Welfare Plan, which allows employees to access a vast range of benefits and services, is online. Together with Daniele Cabuli, IGD’s Chief Operating Officer and Director of Human Resources, let’s find out more about this topic. Mr. Cabuli, what […]
Dear Stakeholders, We are pleased to present IGD Group’s seventh Sustainability Report, approved for the first time by the Board of Directors together with its Financial Statements. This step bears witness to the Board’s deep commitment to the ever greater integration between economic-financial and social-environmental rationale. At the same time, it means that all its […]
Since 2018 IGD has controlled the biggest chain of shopping centers in Romania, Winmarkt, which is comprised of 15 properties located in the historic centers of 13 midsize Romanian cities. At the end of 2016 the independent appraisers valued this asset portfolio, which includes 14 shopping centers and an office building, at around €165 million. […]
IGD reported record economic-financial results in 2016 which drove generalized improvement of the key performance indicators. The last shopping centers to be included in the portfolio contributed substantially to the increase, as did organic growth, thanks to the high occupancy rates and the higher rents obtained in the revised leases. Operating profit rose: the increase […]
Dear Shareholders, The results reported in your Company’s Annual Report for 2016 show that the year that just ended was the best in IGD’s history. The Group’s net profit reached €68.3 million, an increase of 49.7% with respect to 2015. Core business Funds from Operations (FFO) rose 18.9% to €53.9 million: the year-end target of […]
