Immobiliare Grande Distribuzione SiiQ SpA (LTS:0STP)
€ 2.605 0 (0%) Market Cap: 281.92 Mil Enterprise Value: 608.34 Mil PE Ratio: 0 PB Ratio: 0.29 GF Score: 70/100

Q3 2021 Immobiliare Grande Distribuzione SIIQ SpA Earnings Call Transcript

Nov 04, 2021 / 01:30PM GMT
Release Date Price: €4.01 (+1.84%)
Operator

Good afternoon. This is the conference call operator. Welcome to IGD's conference call presenting results for the first 9 months of 2021. (Operator Instructions)

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

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

Good afternoon to all of you. As I'm sure you read in our press release, our Board of Directors has just approved our accounts ended September 2021. After the COVID restrictions applied in Italy until May 17, this is the first full quarter without COVID restrictions. And this is mirrored in the results that I'm going to walk you through.

Start from Page 3 in the presentation, you see it from the title, straightaway: business is returning, has not returned but is returning to pre-COVID levels, and we are starting to see the first signals of going back to normal. So, we are recording that you see four different boxes with four highlights: occupancy, first of all, financial occupancy. It went up since the

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