The first quarter of the Exor Group is on file, which closed with a consolidated loss of 83,2 million, compared to a profit of 51,1 million recorded in the same period of the previous year. The worsening of the result achieved by the Agnelli family holding company is due to the drop in the share of the result of the subsidiaries (-91,1 million) and the absence of dividends collected in the reference period (-55,7 million), partially offset by the increase in net financial income (+11,6 million).
Despite the loss recorded in the first quarter, Exor forecasts a 2014 with a plus sign. At a consolidated level, the note states that the financial year "should show positive economic results which, moreover, will largely depend on the performance of the main investee companies".
Meanwhile, in the late morning the Exor stock dropped 0,55% in Piazza Affari, on a very difficult day so far for the Italian stock exchange.
