Economic/financial results

The EXOR Group ended the first half of 2012 with a consolidated profit of €214.6 million; the first half of 2011 closed with a consolidated profit of €477.2 million. The negative change of €262.6 million comes from the reduction in the share of the results of the subsidiaries and associates, (-€288.9 million), a decrease in net financial income (expenses) (-€13.2 million), net gains realized during the first half (+€20.7 million) and other net positive changes (+€18.8 million).

At June 30, 2012 the consolidated equity attributable to owners of the parent is €6,901.6 million and shows a net increase of €498.2 million over €6.403.4 million at the end of 2011. Further details are provided in note 10.

At June 30, 2012 the consolidated net financial position of the Holdings System is a negative €501.8 million, with a negative change of €176 million compared to the end of 2011 (-€325.8 million). Further details are provided in note 11.

Commercial Register No.64236277 Legal notes | Credits