Half-Year Report H1 - 2017

EXOR Group closes the first half of 2017 with a consolidated profit of €916.3 million; the first half of 2016 ended with a consolidated profit of €430.3 million. The increase of €486 million is attributable to the increase in the share of the profit of investments of €399.9 million, higher net financial income of €81.7 million principally due to the gain on the redemption of The Black Ant Value Fund (€109.1 million), the decrease of non-recurring expenses (€32.4 million) and other net positive changes (€19.3 million), partially offset by lower dividends from investments (€19.7 million) and from the absence of gains on disposal of investments (€27.6 million).

NAV
US$ million6/30/201712/31/2016Change%
Investments   20,683   17,683 3,000  +17.0%
Financial investments    5  382 (377) -98.7% 
Cash and cash equivalents and financial assets    106  215  (109)  -50.8%
Treasury stock    207   187 20  +10.9%
Gross Asset Value   21,001   18,467 2,534  +13.7% 
Gross Debt  (3,790)  (3,825) 35  -0.9% 
Net Asset Value (NAV)    17,211   14,642  2,569 +17.5%
Commercial Register No.64236277 Legal notes | Credits