Price recovered in the first few weeks of 2019: an encouraging signal of potential further revaluation
Based on the figures for 2018 it’s clear that IGD’s stock continues to be significantly undervalued despite the recovery seen in the first few weeks of 2019. At current levels, above the €6 threshold, IGD’s stock is still trading at a strong discount to the NNNAV per share of €11.45 shown in the financial statements […]
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 […]
Letter to the Shareholders
Dear Shareholders, 2018 was a very intense and fruitful year, which marks an important milestone in the growth path that IGD has been pursuing since the IPO in 2005 through today as shown by the value of the real estate portfolio which has quadrupled in the 13 years rising from €590 million to €2,412 million. […]
Main results achieved in 2018
IGD worked to constantly grow from a standpoint of “Green, Responsible, Ethical, Attractive”, together (“Together”) with its stakeholders. A commitment that is highlighted in the “Becoming G.R.E.A.T.” claim, based on an acronym made from the initials of the five themes that are at the heart of the sustainable growth path. Green In 2018 […]
Quarterly summary of the activity carried out to support the liquidity of the shares of IGD – Immobiliare Grande Distribuzione
Reference is made to the program aimed at enhancing the liquidity of the shares of IGD – Immobiliare Grande Distribuzione SIIQ S.p.A. listed on the Mercato Telematico Azionario – STAR segment, disclosed to the market on 4 August 2017, that was renewed until 04/09/2019, in accordance with market practice n. 1 issued by CONSOB in […]