Share Name | Share Symbol | Market | Type |
---|---|---|---|
Exor NV | BIT:EXO | Italy | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
1.92 | 3.17% | 62.42 | 62.38 | 62.42 | 62.62 | 60.02 | 60.94 | 176,353 | 16:35:47 |
Exor Swung to Net Loss in 2020
25/03/2021 6:00pm
Dow Jones News
By Cecilia Butini
Investment company Exor NV said Thursday that it swung to a loss in 2020 due to lower results from operating subsidiaries as it took a hit from the coronavirus pandemic.
Exor posted a net loss for the year of 30 million euros ($35.4 million) compared with a net profit of EUR3.05 billion the year prior.
Net asset value rose on-year to $29.50 billion, from $26.16 billion as of Dec 31, 2019, Exor said.
The company also said its board of directors has put forward a proposal to approve the payment of a EUR0.43 dividend, for a total of about EUR100 million. This is unchanged from the dividend paid for 2019.
Write to Cecilia Butini at cecilia.butini@wsj.com
(END) Dow Jones Newswires
March 25, 2021 13:45 ET (17:45 GMT)
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