Exor SpA, the Agnelli family's
investment company that manages its holdings in Fiat Chrysler
Automobiles (FCA) and CNH Industrial, said Thursday it closed
out the 2015 financial year with net profit of 744.5 million
euros.
This compared to 323.1 million in 2014.
The increase was due to a rise in net capital gains largely
as a result of the sale of commercial real estate management
company C & W Group, the company explained.
The board chaired by John Elkann agreed to propose leaving
its dividend unvaried at 0.35 euros a share.
Shareholders are expected to approve the 2015 financial
results and dividend at an assembly on May 25.
"It doesn't make sense to undertake long and tiring
(merger) processes without reaching an adequate size," said
Elkann in reference to the possibility of an alliance between
FCA and smaller groups.
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