Immobiliare Grande Distribuzione SIIQ S.p.A.

Immobiliare Grande Distribuzione SIIQ S.p.A.

IMMQF
Immobiliare Grande Distribuzione SIIQ S.p.A.US flagOther OTC
3.46
USD
- -
- -
381.78MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
2.55
2.55
1.51
1.52
1.77
1.54
1.42
1.32
1.32
1.31
1.35
1.24
- -
1.19
Basic EPS, GAAP
0.1
0.16
0.56
0.78
1.06
0.46
0.11
-0.67
0.48
-0.2
-0.74
-0.27
- -
0.33
Free Cash Flow per Basic Share
0.38
-2.09
0.36
-0.37
0.56
0.6
0.48
0.35
0.54
0.46
0.49
0.25
- -
0.25
Dividend per Share
0.47
0.49
0.35
0.37
0.45
0.55
0.5
0.23
- -
0.35
0.3
- -
- -
- -
Book Value per Share
7.5
12.44
8.07
7.79
8.62
8.02
6.95
5.29
6.38
5.84
4.96
5.35
- -
5.92
Tangible Book Value per Share
15.76
20.66
12.5
12.08
13.57
12.26
10.9
10
10.55
10.1
9
8.74
- -
9.03
Basic Weighted Avg Shares
48
46
82
87
81
101
110
111
110
110
110
110
- -
110
Sales/Revenue/Turnover
122
117
123
133
144
156
156
146
146
145
149
137
131
132
Operating Margin (%)
55.25
55.68
57.18
60.91
64.09
67.7
75.37
76.61
76.03
68.42
73.22
73.79
70.28
70.84
Depreciation Expense
4
3
3
2
1
1
1
1
1
1
1
1
2
1
Net Income, GAAP
5
7
46
68
86
46
13
-74
53
-22
-82
-30
32
36
Effective Tax Rate (%)
- -
24.74
- -
4.35
2.57
4.68
7.43
- -
5.38
- -
- -
- -
0.87
0.38
Profit Margin (%)
4.11
6.24
36.98
51.26
60.02
29.7
8.09
-50.81
36.26
-15.41
-55
-21.95
24.38
27.44
Working Capital
-197
2
-169
-106
-66
-198
88
10
-9
-59
-27
-52
-36
6
LT Debt
817
850
765
893
966
884
1,233
1,136
951
905
937
742
753
301
Total Equity
764
961
1,032
1,069
1,116
1,252
1,211
1,114
1,172
1,122
1,001
970
993
1,002
Return on Invested Capital (%)
- -
2.62
- -
3.74
4.2
4.46
4.48
- -
4.49
- -
- -
- -
5.14
7.93
Return on Capital (%)
- -
2.16
- -
5.77
6.38
3.86
2.05
- -
4.3
- -
- -
- -
6.33
10.1
Return on Common Equity (%)
1.41
1.57
7.43
10.2
12.51
6.14
1.6
-11.01
8.18
-3.31
-13.72
-5.29
5.17
5.8

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
32
46
22
LT Borrowings
- -
753
300
LT Finance Leases
3
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
110
110
110
Market Capitalization
325
325
330

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
37
41
55
Cash, Cash Equivalents & STI
3
9
11
Accounts Receivable, Net
9
8
10
Inventories
20
20
19
Total Current Liabilities
69
77
50
Payables & Accruals
- -
- -
- -
ST Debt
32
46
22
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-0.17%
-2.13%
2.3%
Free Cash Flow
-47.74%
-3.49%
-12.02%
Net Income, GAAP
-104.98%
-63.32%
-206.38%
Sales/Revenue/Turnover
0.77%
-2.07%
-4.19%
Total Cash Common Dividend
- -
- -
-66.67%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
36
33
32
36
137
2025
33
33
33
33
131
2026
33
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.04
- -
- -
- -
-0.27
2025
0.01
- -
0.06
- -
- -
2026
0.05
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
0.1
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Roberto Zoia
Full Time Employees
139
Sector
Real Estate
Industry
REIT - Diversified
Address
Via Trattati Comunitari Europei1957-2007 Bologna BO Italy 40127
IPO Date
Aug 27, 2015
Business
Immobiliare Grande Distribuzione SIIQ S.p.A. (IGD SIIQ) operates as Italy's leading listed retail real estate investment trust, owning, developing, managing and leasing a portfolio of shopping centers, hypermarkets, supermarkets, retail parks and galleries primarily in Italy and Romania; the company provides ancillary services including agency management, facility management such as security, cleaning and maintenance, promotion of new or restructured centers, retailer rotation and trading of residential units from the Porta a Mare urban regeneration project in Livorno. Headquartered in Bologna, Italy, and founded in 2005 through the combination of real estate assets from Coop Adriatica and Unicoop Tirreno, IGD SIIQ manages core properties generating most revenue, alongside services and development segments, with key assets including Tiburtino Shopping Center in Rome, Porta a Mare in Livorno, La Torre in Palermo and Millennium Center in Rovereto; it holds stakes in real estate funds encompassing additional hypermarkets and malls, operates through subsidiary Win Magazin S.A. in Romania and targets retail tenants and institutional third-party clients across major Italian regions and select Romanian markets. Recent developments include the signing of a 20-year on-site Power Purchase Agreement with Edison Next in September 2025 for a 1 MW photovoltaic system at Tiburtino Shopping Center to cut CO2 emissions by 30%, the completion of a fourth asset sale in Romania by Win Magazin S.A. to a private investor announced in November 2025, and BREEAM In-Use certifications in November 2025 for Porta a Mare (Outstanding rating, the first for IGD), La Torre and Millennium Center, elevating certified portfolio coverage to 91% by market value.

Company News

APIChat
  • Immobiliare Grande Distribuzione SIIQ S.p.A. (IMMQF) Q1 2026 Earnings Call Transcript