Q4 2021 Immobiliare Grande Distribuzione SIIQ SpA Earnings Call Transcript

Feb 24, 2022 / 01:30PM GMT
Operator

Good afternoon. This is the Chorus Call operator. Welcome to the conference call presenting IGD's Full Year 2021 Results. (Operator Instructions)

Let me now turn the conference over to Mr. Albertini, CEO of IGD.

Claudio Albertini - Immobiliare Grande Distribuzione SIIQ S.p.A. - CEO & Executive Director

Good afternoon to all of you. As you know, we had a Board meeting this morning, and the Board approved the 2021 results. And we already have a proposal for the -- both the AGM and the EGM of IGD. Timing was not a happy one, so to say, to present our results. It's a day today that is not very happy for financial markets because of what has been -- because of what has happened. And despite that, our results are overall, from our perspective, are generally satisfactory.

Let me start from Page 3 of the presentation that you probably have before you. So 2021 at glance, good operating performance, especially after restrictions were lifted in Italy for shopping centers, shopping malls, and I'm particularly referring to weekend closings and pre

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