Iguatemi Empresa de Shopping Centers SA (IGTA3.SA)

IGTA3.SA on Sao Paulo Stock Exchange

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Sat, Jul 6 2019

Brazil malls firm Iguatemi sees lower revenue growth amid sluggish economy

SAO PAULO, July 5 Brazilian upscale mall operator Iguatemi Empresa de Shopping Centers SA has delayed removing the discounts it gave to retailers during a recession, making 2019 growth targets tougher to reach, its chief financial officer said on Thursday.

Brazil's Iguatemi 1st-qtr profit drops even as mall sales pick up

SAO PAULO, May 7 Iguatemi Empresa de Shopping Centers SA, one of Brazil's largest mall operators, reported a 4.6 percent drop in quarterly earnings on Tuesday, as improved operational results were eclipsed by higher financial expenses and taxes.

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