Economic/financial results

Exor closed the first half of 2021 with a consolidated profit of €838 million; the first half of 2020 ended with a consolidated loss of €1,318 million (mainly due to the negative impact of the COVID-19 pandemic on the overall performances of the subsidiaries). The net change of €2,156 million is mainly attributable to the improvement of the performances of the operating companies (€2,636 million), partially offset by a non-recurring loss (€504 million) arising from the deconsolidation of FCA, following the merger with PSA. Additional details are provided in Note 1 and 4.

At 30 June 2021 the consolidated equity attributable to owners of the parent amounts to €15,022 million with a net increase of €1,932 million, compared to €13,090 million at 31 December 2020. Additional details are provided in Note 7.

The consolidated net financial position of the Holdings System at 30 June 2021 is a negative €3,129 million and reflects a positive change of €122 million compared to the negative financial position of €3,251 million at 31 December 2020, mainly due to dividends received from investments (€1,101 million), partially offset by investments (€862 million) and dividend distributed (€100 million). Additional details are provided in Note 8.

Commercial Register No.64236277 Note legali | Credits