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Exor, net profit drops to 51,1 million in the first quarter

Exor, the holding company of the Agnelli family which also controls the Fiat group, closed the first quarter of 2013 with a net profit attributable to shareholders of 51,1 million from 82,6 million in the same period of 2012.

Exor, net profit drops to 51,1 million in the first quarter

Exor, the holding company of the Agnelli family which also controls the Fiat group, closed the first quarter of 2013 with a net profit attributable to shareholders of 51,1 million from 82,6 million in the same period of 2012.

This was stated in a note from the company, adding that the NAV at the end of March stood at 8,364 billion from 7,620 billion at the end of March 2012 and the net debt at 516,1 from 525,9 million.

From the beginning of 2013 to April 26, Exor invested 104,4 million to purchase treasury shares in the three categories, acquiring 2,35% of ordinary shares.

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