Economic/financial results

EXOR Group closed the first half of 2018 with a consolidated profit of €741 million; the first half of 2017 ended with a consolidated profit of €916.3 million. The decrease of €175.3 million is attributable to the reduction in the share of the profit of investments of €80 million, to the lower net financial income of €76.9 million and to other net negative changes of €18.4 million.

At 30 June 2018 the consolidated equity attributable to owners of the parent amounts to €11,415 million with a net increase of €610.2 million compared to €10,804.8 million at 31 December 2017 (+€643.1 million compared to €10,771.9 million at 31 December 2017, net of the impact resulting from the adoption of IFRS 9 and IFRS 15). Additional details are provided in Note 8.

The consolidated net financial position of the Holdings System at 30 June 2018 is a negative €3,139.5 million and reflects a positive change of €24.2 million compared to the negative financial position of €3,163.7 million at 31 December 2017. Additional details are provided in Note 9.

The shortened consolidated income statement and statement of financial positionand notes on the most significant line items are presented below.

 

Commercial Register No.64236277 Legal notes | Credits