{"id":46298,"date":"2023-02-23T14:30:02","date_gmt":"2023-02-23T13:30:02","guid":{"rendered":"https:\/\/www.gruppoigd.it\/presentazione-dei-risultati-al-31-dicembre-2022\/"},"modified":"2023-04-19T10:42:41","modified_gmt":"2023-04-19T08:42:41","slug":"presentazione-dei-risultati-al-31-dicembre-2022","status":"publish","type":"post","link":"https:\/\/www.gruppoigd.it\/en\/presentazione-dei-risultati-al-31-dicembre-2022\/","title":{"rendered":"FY 2022 Results Presentation"},"content":{"rendered":"<p><strong>SOLID OPERATING RESULTS<\/strong><\/p>\n<ul>\n<li>Retailers\u2019 sales at Italian malls grew 13.3% and footfalls were +6.9% higher than in 2021; sales exceeded 2019 (+0.7%)<\/li>\n<li>Upside on new leases: +1.1% Italy; +1.8% Romania<\/li>\n<li>Occupancy higher: Italy 95.7% +50bps; Romania 98.0% +340bps<\/li>\n<li>Net rent collection FY2022: Italy 96%; Romania c. 97%<\/li>\n<\/ul>\n<p><strong>\u00a0<\/strong><\/p>\n<p><strong>ECONOMIC-FINANCIAL INDICATORS UP<\/strong><\/p>\n<ul>\n<li>Net rental income: \u20ac114.0 million (+5.3% vs 2021 restated\u00a0<a href=\"https:\/\/www.gruppoigd.it\/en\/risultati-2022-igd-conferma-lefficacia-del-modello-operativo-di-centri-commerciali-urbani\/#_ftn1\" name=\"_ftnref1\">[1]<\/a>; +7.1% like-for-like<em>)<\/em><\/li>\n<li>FFO: \u20ac67.2 million, +3.8%; higher than the guidance<\/li>\n<\/ul>\n<p><strong>\u00a0<\/strong><\/p>\n<p><strong>FINANCIAL STRUCTURE HOLDS WELL\u00a0<\/strong><\/p>\n<ul>\n<li>Net financial position lower by \u20ac10 mn at \u20ac977 mn<\/li>\n<li>Market Value of freehold properties -2.8% at \u20ac2,081 bn<\/li>\n<li>Loan-to-Value 45.7% (44.8% in 2021) due to the decreases in fair value<\/li>\n<li>EPRA\u00a0NRV at \u20ac10.28 per share\u00a0(-5.3%)<\/li>\n<\/ul>\n<p><strong>\u00a0<\/strong><\/p>\n<p><strong>ESG FACTORS AN INTEGRAL PART OF THE CORE BUSINESS<\/strong><\/p>\n<ul>\n<li>CO2 emissions 10% lower than in 2021<\/li>\n<li>2 new assets in Italy BREEAM In-Use certified (a total of 10 centers have now been certified)<\/li>\n<li>2 agreements signed for the installation of solar energy systems in 2023; the first system installed in Romania<\/li>\n<\/ul>\n<p><strong>\u00a0<\/strong><\/p>\n<p><strong>2022 DIVIDEND<\/strong><\/p>\n<ul>\n<li>Dividend of \u20ac0.30 euro cents per share proposed for a pay-out ratio on FFO of 49.3% and a dividend yield of 10,9%<a href=\"https:\/\/www.gruppoigd.it\/en\/risultati-2022-igd-conferma-lefficacia-del-modello-operativo-di-centri-commerciali-urbani\/#_ftn2\" name=\"_ftnref2\">[2]<\/a><\/li>\n<\/ul>\n<h6><\/h6>\n<h6>[1] 2021 restated: restated to take into account the disposal of the portfolio of hypermarkets and supermarkets and termination of the masterlease<\/h6>\n<h6>[2] Calculated based on the closing price at 22\/02\/2023<\/h6>\n<p>&nbsp;<\/p>\n<p><iframe loading=\"lazy\" src=\"https:\/\/w.soundcloud.com\/player\/?url=https%3A\/\/api.soundcloud.com\/tracks\/1464025612&amp;color=%23ff5500&amp;auto_play=false&amp;hide_related=false&amp;show_comments=true&amp;show_user=true&amp;show_reposts=false&amp;show_teaser=true\" width=\"100%\" height=\"166\" frameborder=\"no\" scrolling=\"no\"><\/iframe><\/p>\n<div style=\"font-size: 10px; color: #cccccc; line-break: anywhere; word-break: normal; overflow: hidden; white-space: nowrap; text-overflow: ellipsis; font-family: Interstate,Lucida Grande,Lucida Sans Unicode,Lucida Sans,Garuda,Verdana,Tahoma,sans-serif; font-weight: 100;\"><a style=\"color: #cccccc; text-decoration: none;\" title=\"IGD SIIQ SPA\" href=\"https:\/\/soundcloud.com\/igd-siiq-spa\" target=\"_blank\" rel=\"noopener\">IGD SIIQ SPA<\/a> \u00b7 <a style=\"color: #cccccc; text-decoration: none;\" title=\"Conference call to present the FY 2022 results\" href=\"https:\/\/soundcloud.com\/igd-siiq-spa\/conference-call-to-present-the-fy-2022-results\" target=\"_blank\" rel=\"noopener\">Conference call to present the FY 2022 results<\/a><\/div>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SOLID OPERATING RESULTS Retailers\u2019 sales at Italian malls grew 13.3% and footfalls were +6.9% higher than in 2021; sales exceeded 2019 (+0.7%) Upside on new leases: +1.1% Italy; +1.8% Romania Occupancy higher: Italy 95.7% +50bps; Romania 98.0% +340bps Net rent collection FY2022: Italy 96%; Romania c. 97% \u00a0 ECONOMIC-FINANCIAL INDICATORS UP Net rental income: \u20ac114.0 [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":46300,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[131],"tags":[],"class_list":["post-46298","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-presentazioni-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.gruppoigd.it\/en\/wp-json\/wp\/v2\/posts\/46298","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gruppoigd.it\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gruppoigd.it\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gruppoigd.it\/en\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gruppoigd.it\/en\/wp-json\/wp\/v2\/comments?post=46298"}],"version-history":[{"count":7,"href":"https:\/\/www.gruppoigd.it\/en\/wp-json\/wp\/v2\/posts\/46298\/revisions"}],"predecessor-version":[{"id":47290,"href":"https:\/\/www.gruppoigd.it\/en\/wp-json\/wp\/v2\/posts\/46298\/revisions\/47290"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gruppoigd.it\/en\/wp-json\/wp\/v2\/media\/46300"}],"wp:attachment":[{"href":"https:\/\/www.gruppoigd.it\/en\/wp-json\/wp\/v2\/media?parent=46298"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gruppoigd.it\/en\/wp-json\/wp\/v2\/categories?post=46298"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gruppoigd.it\/en\/wp-json\/wp\/v2\/tags?post=46298"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}