EXOR expects to report a profit for the year 2014.

At the consolidated level, 2014 will show a profit which, however, will largely depend upon the performance of the principal subsidiaries and associates. The forecasts formulated under IFRS and reported in their financial reports at September 30, 2014 are presented below.

FCA Group

Group confirms full-year guidance as presented in the second quarter of 2014 results:

  • Worldwide shipments at approximately 4.7 million units;
  • Revenues of approximately €93 billion;
  • EBIT, excluding unusual items, in €3.6 billion to €4.0 billion range;
  • Net income in approximately €0.6 billion to €0.8 billion range, with EPS to improve from approximately €0.10 (ex-unusual items) to approximately €0.44 to €0.60. Includes increased deferred tax charge of approximately €0.5 billion due to the recognition of net deferred tax assets at year-end 2013 related to Chrysler and excludes unusual items;
  • Net Industrial Debt in €9.8 billion to €10.3 billion range. Includes cash outflows for the January 21, 2014 closing of the purchase of the remaining 41.5% minority stake in Chrysler Group LLC from the VEBA Trust (€2.7 billion), in addition to the impact of the retrospective adoption of IFRS 11 – Joint Arrangements, effective January 1, 2014 (approximately €0.4 billion).


CNH Industrial Group

CNH Industrial is confirming its 2014 IFRS guidance, consistent with the 5-year Business Plan financial projections presented at the May 8th Investor Day, as follows:

  • Consolidated revenues at approximately $34 billion;
  • Consolidated trading profit between $2.6 billion and $2.7 billion;
  • Net industrial debt between $2.2 billion and $2.1 billion at the end of 2014;
  • Consolidated net income before restructuring between $1.1 billion and $1.2 billion.


C&W Group

During the first nine months of 2014, demand from investors and occupiers continued to drive real estate markets. The Company’s strategic focus to mobilize its global services and talent around the firm’s clients led to solutions that enhanced their presence globally, resulting in activity increasing across our platform, as compared with the same period in the prior year. Subject to the continuation of these positive trends C&W Group expects activity to continue at the current pace. In addition, the Company’s strong financial performance and the recent refinancing of its Senior Credit Facility on an unsecured basis provide C&W Group the flexibility to act upon strategic growth opportunities in our foundation cities around the world.


During 2014 Almacantar has continued to focus on activities to prepare Centre Point in anticipation of a future start on site. The planning applications were approved for both the Marble Arch Tower and Edgware Road schemes in July 2014; Almacantar plans to maximize income generation in the period before any potential redevelopment. It is Almacantar’s intention to further expand the portfolio and a range of investment opportunities are being reviewed.
The London real estate market should remain stable due to the strong demand for rental space and activity by institutional investors.
Positive results are expected for the year ended December 31, 2014.

Juventus Football Club

During the course of the first phase of the Transfer Campaign the company allocated significant resources to further strengthen the First Team bench, keep talents on its staff and lay the foundation for the future inclusion of young players with excellent prospects. As a consequence, the operating result, currently still expected to be a loss, will be influenced by increases in costs relating to sports management and the changes, also with respect to future revenues, that will derive from the sporting results actually achieved in Italy and Europe. The company's objective is to build on the improvement in financial performance achieved during the previous three financial years.

Commercial Register No.64236277 Note legali | Credits