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Exor doubles profit in first half

Profit attributable to shareholders amounted to 916 million euros, more than doubled from 431 million euros as at June 30, 2016.

Exor doubles profit in first half

Exor Group closed the first half of the year with a NAV of 17,21 million dollars, up by 2,56 million dollars (+17,5% compared to the same period of 2016). Profit attributable to shareholders amounted to 916 million euros, more than doubled from 431 million euros as at June 30, 2016.

The financial company of the Agnelli family, which on 4 July had 4,28% of Gedi (formerly the L'Espresso group) in its portfolio, also informed that in the meantime it had purchased other shares of the publishing group on the market, equal to 1,71 % of the share capital, for an amount of 6,8 million euros. To date, therefore, Exor holds a total of 5,99% of Gedi's capital. After the publication of the accounts, the Exor stock travels in positive territory in Piazza Affari, with a gain of 1,5% to 52,40 euros per share. Also doing well was CNH Industrial, another stock in the Agnelli galaxy, among the best in the entire FsteMib with an increase of almost 2% in the mid-afternoon.

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