)
Immobiliare Grande Distribuzione SIIQ (IGD) investor relations material
Immobiliare Grande Distribuzione SIIQ Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Net profit rose to €5.7 million in Q1 2026, up from €1.6 million in Q1 2025, driven by improved recurring financial management and lower financial charges.
Funds from Operations (FFO) increased by 14.7% year-over-year to €11.7 million.
Core business EBITDA was stable on a like-for-like basis at €24.3 million, with a margin of 71.2%-71.3%.
Dividend per share for 2025 set at €0.15, a 50% increase over 2024, approved and payable in May 2026.
Asset disposals in Romania and Italy continued, with eight assets sold for €32.5 million and further disposals planned.
Financial highlights
Net rental income from freehold assets grew by 2.4% year-over-year to €25.2 million.
Core business EBITDA margin was 71.2%-71.3%, slightly down from Q1 2025.
Net financial debt was €784.1 million as of 31 March 2026, down from year-end 2025.
Weighted average interest rate on debt decreased to 4.8%.
Loan-to-value (LTV) ratio at 43.3%, down 20bps from year-end 2025.
Outlook and guidance
FFO guidance for 2026 confirmed at a minimum of €45 million, with a conservative approach due to market volatility and geopolitical uncertainties.
Targeted asset disposals for 2026 set at an additional €30 million.
- Net rental income up 4.5% like-for-like; FFO fell 40.7%; 2024 guidance confirmed at €34 million.IGD
Q2 20241 Jun 2026 - Net rental income up like-for-like, FFO down 40.7%, net debt reduced after asset sales.IGD
Q3 20241 Jun 2026 - Net profit rebounded to €17.6M, FFO rose 18.2%, and a €300M green bond was issued.IGD
Q3 20251 Jun 2026 - Profitability restored, FFO up 15.7%, dividend up 50%, and financial metrics improved.IGD
Q4 202526 Feb 2026 - FFO exceeded guidance, leverage improved, and dividend reinstated after asset disposals.IGD
Q4 202413 Feb 2026 - 2025-2027 plan targets profitability, digitalization, disposals, and refinancing for growth.IGD
Investor Update3 Feb 2026 - Ambitious 2025-2027 plan targets 16% rental growth, 98% occupancy, €48m FFO, and ESG leadership.IGD
Investor Update13 Jan 2026 - Returned to profit in H1 2025, with rising FFO, improved operations, and lower debt costs.IGD
Q2 202523 Nov 2025 - Like-for-like rental income rose, but net profit dropped 64% on asset disposals.IGD
Q1 202521 Nov 2025
Next Immobiliare Grande Distribuzione SIIQ earnings date
Next Immobiliare Grande Distribuzione SIIQ earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
Frequently asked questions
Explore our global coverage