Brief: Italy's IGD FY Net Result Turns To Loss Of EUR 74.3 Mln

Immobiliare Grande Distribuzione SIIQ SpA

25/02/2021 12:30

Feb 25 (Reuters) - Immobiliare Grande Distribuzione SIIQ SpA
 IGD.MI :
    * FY NET LOSS EUR 74.3 MILLION VERSUS PROFIT EUR 12.6
MILLION YEAR
AGO
    * FY REVENUE EUR 145.6 MILLION VERSUS EUR 155.3 MILLION YEAR
AGO
    * BOARD PROPOSED TO THE SHAREHOLDERS' MEETING NOT TO PAY OUT
DIVIDENDS FOR THE YEAR 2020
    * ESTIMATES A GROWTH OF THE FFO FOR THE WHOLE OF 2021 IN A
RANGE
BETWEEN + 3% AND + 4%
    * FIRST MONTHS OF 2021 WILL STILL BE CHARACTERIZED BY
OPERATIONAL
DIFFICULTIES FOR SHOPPING CENTERS, DUE TO RESTRICTIONS STILL IN
PLACE
    * FY NET RENTAL INCOME: €109.5 MILLION

Source text for Eikon:  ID:nBIAbhPW4q 
Further company coverage:  IGD.MI 

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