Report
Roy Külter ...
  • Steven Boumans

IGD SIIQ : IGD’s next chapter: Stronger balance sheet, Stronger earnings, Stronger case

IGD is executing a clear turnaround supported by both improving operations and falling financing costs. Refinancing and asset disposals look set to accelerate deleveraging and earnings growth into 2027. Valuation remains deeply discounted, offering meaningful re-rating potential.
Underlying
Immobiliare Grande Distribuzione SIIQ S.p.A.

Immobiliare Grande Distribuzione SIIQ SpA, formerly Immobiliare Grande Distribuzione Societa di Investimento Immobiliare Quotata SpA, is an Italy-based company engaged in the real estate sector. The Company is primarily active in the property purchase, development, management and leasing. Additionally, it provides various services related to real estate sector, including promotion of newly opened, expanded or restructured centers; rotation of existing retailers, and facility management services, such as security, cleaning and ordinary maintenance. As of December 31, 2011, the Company's portfolio consisted of properties in Italy, including 19 hypermarkets and supermarkets, 19 shopping malls and retail parks, one city center property, four plots of land for direct development, one asset held for trading and 7 others, and properties in Romania, including 15 shopping centers and one office building. It operates through Punta di Ferro Srl.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Roy Külter

Steven Boumans

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