Results presentation as at 31 March 2017

IGD’s main results are:

• Core business revenue: €35.4 million, +4.6% (LFL Italy +1.3%, Romania +6.8%)
• Group net profit: €14.3 million (+13%)
• Recurring net income (FFO): €15.6 million (+10.2%); target for FY 2017 confirmed: +18/19%
• Sales of retailers in Italian malls +1.1%; significant upside on renewed leases (Italy +3.8%; Romania +2.8%)
• Loan-to-value 47.9%; average cost of debt 3.10%

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