{"id":48643,"date":"2023-08-02T13:01:54","date_gmt":"2023-08-02T11:01:54","guid":{"rendered":"https:\/\/www.gruppoigd.it\/?p=48643"},"modified":"2023-08-02T13:01:54","modified_gmt":"2023-08-02T11:01:54","slug":"presentation-of-the-results-as-at-30-june-2023","status":"publish","type":"post","link":"https:\/\/www.gruppoigd.it\/en\/presentation-of-the-results-as-at-30-june-2023\/","title":{"rendered":"Presentation of the results as at 30 June 2023"},"content":{"rendered":"<p><strong>THE PORTFOLIO\u2019S SOLID OPERATING PERFORMANCES CONFIRMED <\/strong><\/p>\n<ul>\n<li>Significant increase in retailers\u2019 sales at Italian malls (+8.5%) and in footfalls (+6.6%) compared to 1H2022; 2019 sales exceeded (+7.6%)<\/li>\n<li>Occupancy high (stable vs 1Q 2023): Italy 95.2%; Romania 96.8%<\/li>\n<\/ul>\n<p><strong>\u00a0<\/strong><\/p>\n<p><strong>ECONOMIC RESULTS BEAT EXPECTATIONS: OUTLOOK FOR FFO IMPROVED<\/strong><\/p>\n<ul>\n<li>Net rental income: \u20ac59.1 million (+3.4% vs 2022; +7.8% like-for-like<em>)<\/em><\/li>\n<li>Core business Ebitda: \u20ac53.8 million (+3.8% vs 2022); Ebitda margin 72.8% (+150bps vs 2022)<\/li>\n<li>FFO: \u20ac30.9 million (-9.0% vs 2022, due to higher financial charges)<\/li>\n<li>2023 FFO guidance revised upward to a range of \u20ac54\/55 mn<\/li>\n<\/ul>\n<p><strong>\u00a0<\/strong><\/p>\n<p><strong>HIGHER INTEREST RATES IMPACT FINANCIAL COSTS AND THE BALANCE SHEET <\/strong><\/p>\n<ul>\n<li>Market Value of the freehold real estate portfolio: -3.64% at \u20ac2,005.12 mn<\/li>\n<li>Net Initial Yield topped up: Italy 6.3% (+40bps); Romania 7.0% (+50bps)<\/li>\n<li>Loan to Value at 47.7% due to lower fair value<\/li>\n<li>EPRA NRV at \u20ac9.54 per share (-7.1%)<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>THE PORTFOLIO\u2019S SOLID OPERATING PERFORMANCES CONFIRMED Significant increase in retailers\u2019 sales at Italian malls (+8.5%) and in footfalls (+6.6%) compared to 1H2022; 2019 sales exceeded (+7.6%) Occupancy high (stable vs 1Q 2023): Italy 95.2%; Romania 96.8% \u00a0 ECONOMIC RESULTS BEAT EXPECTATIONS: OUTLOOK FOR FFO IMPROVED Net rental income: \u20ac59.1 million (+3.4% vs 2022; +7.8% like-for-like) [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":48644,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[131],"tags":[],"class_list":["post-48643","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\/48643","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\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gruppoigd.it\/en\/wp-json\/wp\/v2\/comments?post=48643"}],"version-history":[{"count":1,"href":"https:\/\/www.gruppoigd.it\/en\/wp-json\/wp\/v2\/posts\/48643\/revisions"}],"predecessor-version":[{"id":48648,"href":"https:\/\/www.gruppoigd.it\/en\/wp-json\/wp\/v2\/posts\/48643\/revisions\/48648"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gruppoigd.it\/en\/wp-json\/wp\/v2\/media\/48644"}],"wp:attachment":[{"href":"https:\/\/www.gruppoigd.it\/en\/wp-json\/wp\/v2\/media?parent=48643"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gruppoigd.it\/en\/wp-json\/wp\/v2\/categories?post=48643"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gruppoigd.it\/en\/wp-json\/wp\/v2\/tags?post=48643"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}