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Exor: profit boom, +130% in 2015

Thanks above all to the increase in net capital gains, the holding company of the Agnelli family recorded a consolidated profit of 744,5 million – The board will propose an unchanged dividend at 0,35 euros per share.

Exor: profit boom, +130% in 2015

Goes on file 2015 of Exor, the holding company of the Agnelli family, which ended the year with a consolidated profit of 744,5 million euros, more than double the 323,1 million recorded in 2014. The result was affected by the increase net capital gains for 632,1 million euros (largely due to the sale of Cushman&Wakefield), partially offset by the decrease in the share of the result of the investees.

The note released by the Agnelli family holding expects a positive economic result for the current year as well. The Exor Board of Directors will propose a dividend unchanged at €0,35 per share for a total of €82 million. The board will also propose to the shareholders' meeting the go-ahead for a buyback of treasury shares for a maximum of 500 million.

Furthermore, the BoD approved the possibility of issuing one or more bonds by 30 April 2017 for a total amount not exceeding 2 billion.

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