Image
10 May 2017
Dear Shareholders, 2017 opens with the positive signals that emerge from the first quarter results. The bottom line of the income statement shows an increase of 13.0%, which reflects both the improved operational management (EBIT was up by 7.6%), and the positive contribution of financial management linked to the decrease in the cost of debt (which fell from the 3.3% recorded in the first quarter of 2016 ...
10 May 2017
After having closed 2016 with record results, in the first quarter of 2017 IGD posts further improvement in the key performance indicators. Revenues reflect the steadily increasing contribution of the shopping center in Grosseto and also benefitted from increased rents like-for-like in both Italy and Romania. Cost control continues to be effective with operating costs falling as a percentage of revenue. The core business EBITDA Margin came to ...
Image
Image
10 May 2017
On 19 April 2017 IGD’s BoD appointed Elio Gasperoni Chairman of the Company. Mr. Gasperoni, who over time has held different positions in public administrations and various local institutions, is Vice Chairman of Coop Alleanza 3.0 and has been a member of IGD’s BoD since 2015. The following message is his first contribution to our investors’ newsletter since his appointment as the Company’s Chairman. It is an honor ...
10 May 2017
As of 3 April 2017 the new portal developed by IGD as part of its Corporate Welfare Plan, which allows employees to access a vast range of benefits and services, is online. Together with Daniele Cabuli, IGD’s Chief Operating Officer and Director of Human Resources, let’s find out more about this topic. Mr. Cabuli, what objectives guided you in the development of the new Corporate Welfare Plan ...
Image
Image
10 May 2017
IGD’s stock price has risen 14.5% from year-end 2016 through the close on 5 May 2017, outperforming both the Italian index and, to a more significant degree, the European sector index. Sustained by the good fundamentals that emerged in the 2016 Annual Report, which will make it possible to pay a dividend of 45 euro cents on 22 May, and the growth prospects outlined in the ...