IGD SIIQ doubles net profit in H1 2026 and lifts 2026 FFO outlook
Italian retail‑real‑estate group IGD SIIQ reported a strong first‑half 2026. Net profit of the group rose to €20.6 million, roughly double the €10.6 million recorded a year earlier, driven by lower financial costs. Revenue from leasing activities reached €69.2 million, a marginal 0.5 % dip versus H1 2025, while EBITDA stood at €48.2 million, essentially flat year‑on‑year. Net financial debt fell to €781.1 million, down from €789.4 million at the end of 2025. The board raised its 2026 Funds‑From‑Operations guidance to at least €46 million, an 11.7 % increase over the prior target. CEO Roberto Zoia highlighted the solid performance of the core portfolio and the continued execution of the 2025‑2027 industrial plan.
The results underscore IGD SIIQ’s resilient business model in the Italian retail‑property market and set a more optimistic outlook for the full year.
Entities: Antonio Rizzi · Immobiliare Grande Distribuzione SIIQ S.p.A. (IGD SIIQ) · Roberto Zoia