12 November 2014 16:56

Results presentation as at 30 September 2014

IGD’s main results are:

  • Consolidated operating revenue: €91.8 million (+1.5% against the same period 2013);
  • Core business revenue : €90 million, largely unchanged with respect to 2013;
  • Pre-tax profit: €9.4 million (+14.0%); The Group’s portion of net profit:  €7 million;
  • Core business funds from operations (FFO):  €25 million;
  • Adjusted gearing ratio[1]: 0.95; adjusted Loan to Value1: 48.2%;
  • Positive operating results at the shopping centers in Italy where footfalls rose +0.2% and sales + 3.5%.