The net profit of Exor, the holding company of the Agnelli family listed on Piazza Affari, jumps. In the first half of the year it recorded consolidated profits of 219,3 million, more than tripling the result of a year before of 57,4 million. The NAV (net asset value) increased by 26,7% to almost 12,9 billion compared to the end of last December. The company's net financial position last June was positive for 132,8 million, down by 429,7 million compared to the end of 2014.
In the half-year presentation note, the leap in profit is explained by "the greater capital gains realized in the period on the sale of equity investments (63,8 million), compared to the write-down of Sequana (26,9 million) and the capital loss on the residual sale of Alpitour (€10,4 million) recognized in the first half of 2014, the increase in the share of the result of investees for €90,9 million, higher dividends collected for €3,4 million, partially offset by the increase in net financial expenses for €23,4, 3,4 million and other non-recurring charges for 6,7 million, as well as other negative net changes for 2014 million”. The attached tables show that Exor's share of FCA's profit improved by 2015 million between June 136,4 and 59,6, while CNH's fell by 13,6 million. Juve did well, rising by XNUMX million.
In mid-afternoon, on a complicated day for Piazza Affari, the Exor share lost 1,68% a 41,07 euro.
