Board of Directors examines third quarter results for 2005
The IGD Group’s production value is 39.1 million, up 4.8% compared to the same period in 2004; its gross operating margin is 25 million, showing a 4.8% improvement in profitability, and amounting to 63.9% of production value; its operating result is 38.8 million, up 15.1% compared to the third quarter of 2004; and the net profit for the group is 22.3 million, up 24.1% compared to the third quarter of 2004
Adjusted the fair value assessment of financial operations of the consolidated half-yearly report at June 30 2005, approved on September 28 2005
The Board of Directors of IGD S.p.A., operating in the retail real estate sector, today re-examined the consolidated half-yearly report at June 30 2005, approved on September 28 2005
Corporate events calendar
On 15 July 2005 Immobiliare Grande Distribuzione S.p.A. announced that, intends to exercise the option of exemption from the preparation of the Interim Management Statement at 30 June 2005 and that the Half-Year Financial Report will be approved in the next Board of Directors’ meeting scheduled on September 8th, 2005
