22 February 2018

New record results for IGD in 2017

The results posted at 31 December 2017 show an increase of 6.7% in core business EBITDA with the EBITDA margin coming in at 69.7%, versus 69.3% in the prior year. Thanks to the combination of effective commercial policies and asset management, the freehold EBITDA margin reached 79.2%. FFO rose 21.7%, higher than the guidance of […]

10 November 2017

FFO increases 22.8% in the first nine months of 2017

The results for the first nine months of  2017 show that the third quarter also benefitted from improvements in both operations and financial management, which led to a 74.1% increase in the Group’s net profit. Core business EBITDA was up 7.7% in the first nine months of 2017, as a result of both a 10.7% […]

31 July 2017

Strong growth in net profit thanks to the improved operating performance and the positive impact of the changes in fair value

After the record results for 2016 and the encouraging results posted at 31 March 2017, IGD’s results at 30 June 2017 show an acceleration in the growth of the core business EBITDA in the second quarter of 2017 compared to the first. Core business EBITDA was up 6.9% in the half, driven by a 6.0% […]

10 May 2017

2017 begins with an encouraging first quarter

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 […]

10 February 2017

2016: the best numbers ever

IGD reported record economic-financial results in 2016 which drove generalized improvement of the key performance indicators. The last shopping centers to be included in the portfolio contributed substantially to the increase, as did organic growth, thanks to the high occupancy rates and the higher rents obtained in the revised leases. Operating profit rose: the increase […]