Immobiliare Grande Distribuzione SIIQ S p A : Presentazione risultati 1Q2021

Presentazione risultati 31/03/2021

Conference call 6 maggio 2021

Disclaimer

This presentation does not constitute an offer or an invitation to subscribe for or purchase any securities.

The securities referred to herein have not been registered and will not be registered in the United States under the U.S. Securities Act of 1933, as amended (the "Securities Act"), or in Australia, Canada or Japan or any other jurisdiction where such an offer or solicitation would require the approval of local authorities or otherwise be unlawful. The securities may not be offered or sold in the United States or to U.S. persons unless such securities are registered under the Securities Act, or an exemption from the registration requirements of the Securities Act is available. Copies of this presentation are not being made and may not be distributed or sent into the United States, Canada, Australia or Japan.

This presentation contains forwards-looking information and statements about IGD SIIQ SPA and its Group.

Forward-looking statements are statements that are not historical facts.

These statements include financial projections and estimates and their underlying assumptions, statements regarding plans, objectives and expectations with respect to future operations, products and services, and statements regarding plans, performance.

Although the management of IGD SIIQ SPA believes that the expectations reflected in such forward-looking statements are reasonable, investors and holders of IGD SIIQ are cautioned that forward-looking information and statements are subject to various risk and uncertainties, many of which are difficult to predict and generally beyond the control of IGD SIIQ; that could cause actual results and developments to differ materially from those expressed in, or implied or projected by, the forward- looking statements.

These risks and uncertainties include, but are not limited to, those contained in this presentation.

Except as required by applicable law, IGD SIIQ does not undertake any obligation to update any forward-looking information or statements.

Cosa è successo nel 1Q 2021:

le restrizioni per Covid impattano ancora

	Gennaio	Febbraio	Marzo
	Normale operatività	Normale operatività	lockdown
2020
Le attività «non-essenziali» nelle gallerie commerciali IGD
	sono state chiuse ca. il 25% dei giorni possibili
		vs
	restrizioni e chiusure	restrizioni e chiusure	restrizioni e chiusure
2021	variabili	variabili	variabili
Le attività «non-essenziali» nelle gallerie commerciali IGD
	sono state chiuse ca. il 48% dei giorni possibili
		(con differenze in base alla location)*

• impatti economici

nel 1Q 2020

5,4 € mln

impatti Covid

one off

nel 1Q 2021

*Per approfondimenti vedi slide 31 - 32 in allegati	3

Highlights

Ricavi lordi da attività locativa*	Ricavi da attività locativa netti
36,9€ mn	26,2€ mn
-3,9%	-20,7%

Ebitda gestione caratteristica	Utile netto ricorrente (FFO)
23,8€ mn	13,8€ mn
-21,6%	-33,3%

Includono impatti diretti netti one-off da Covid-19

sul 1Q2021

*Tale valore è al lordo degli impatti diretti netti COVID per 5,4€mn. Considerandoli, ammonta a 31,5€mn (-18,1% - 6,9€mn).	4

1Andamenti operativi