Exor closed the first quarter of 2012 with a record consolidated profit: 105,5 million, more than double compared to the same period last year, archived with 2011 million.
The growth is 60,7 million and “deriving from the net improvement in the results of the investees (+41 million), from the higher dividends collected by Sgs (+3,8 million) and from other net changes (+18,3 million), partially offset by the decrease in net financial income (expenses) (-2,4 million)”, reads a note from the financial holding company of the Agnelli family.
The net financial position of the holdings system is negative by 363,8 million from 325,8 million, the NAV has risen to 7,470 billion from 6,320 at the end of last year. Exor holds the reference shares of Fiat and Fiat Industrial. At the end of the morning, the stock travels positive by 0,25 in Piazza Affari.
