Half-Year Report H1 - 2020

EXOR closed the first half of 2020 with a consolidated loss of €1,318 million; the first half of 2019 ended with a consolidated profit of €2,427 million. The decrease of €3,745 million is mainly attributable to the reduction of overall performances of the subsidiaries, mainly impacted by the significant negative effect of the Covid-19 pandemic; moreover the result of the first half of 2019 included EXOR’s share of the net gain realized on the disposal of Magneti Marelli for €1,092 million (total €3.8 billion).

At 30 June 2020 the consolidated equity attributable to owners of the parent amounts to €13,403 million with a net decrease of €1,622 million, compared to €15,025 million at 31 December 2019.

 

NAV
US$ million 06/30/2020 12/31/2019 Change
Amount %
Investments 24,236 28,923 (4,687) (16.2%)
Other investments 830 639 191 +29.9%
Other Assets  1,703 1,074 629 +58.6%
Treasury stock 169 188 (19) (10.1%)
Gross Asset Value 25,939 29,997 (4,058) (13.5%)
Gross Debt (4,984) (3,842) (1,142) +29.7%
Net Asset Value (NAV) 20,955 26,155 (5,2) (19.9%)
Commercial Register No.64236277 Legal notes | Credits