Pubblication of the Half-Year Financial Statements as at 30 June 2018
Please be advised that, in accordance with the law, the Half-Year Financial Statements at 30 June 2018, as approved by the Board of Directors on 3rd August 2018, together with the External Auditors Report, will be made available on 9th August 2018 at the Company’s registered office and on the company website at https://www.gruppoigd.it, in […]
The Chief Executive Officer’s point of view
Gentili Azionisti, gli importanti risultati raggiunti nei primi sei mesi del 2018 trovano adeguato riscontro nel progresso degli indicatori-chiave di performance contenuti nella Relazione Semestrale. In questa prima parte dell’anno, in primo luogo, abbiamo messo a segno un’importante espansione del nostro patrimonio immobiliare, attraverso l’acquisizione da Eurocommercial Properties di un portafoglio strategico costituito da quattro […]
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 […]
The solid fundamentals indicate there is ample upside potential
IGD’s stock performance has been volatile since the beginning of 2018: the capital increase –which was successfully completed – was carried out in a market environment that was less favorable to equity investments than when the transaction was announced last December. The stock has provided shareholders with interesting returns in 2018 thanks to the 2017 […]
Results presentation as at 30 June 2018
IGD’s main results are: Recurring net income (FFO): €38.9 million (+22%); outlook for FY 2018 revised upward to the high end of the guidance range (at least +20%) Rental income: €74.1 million, +8.4 % (LFL Italy +1.4%, Romania +4.7%) Net rental income: €60.7 million, +9.9% Sales of retailers in Italian malls + 3.8%; upside on […]
