Exor consolidated profit soars to 2 bn euros in 2013

Up from 298.3 mn in 2012 on sale of SGS

(ANSA) - Turin, April 9 - Consolidated profits for Exor, the holding group of the Agnelli family, rose to two billion euros for 2013 compared to 298.3 million euros in 2012, Exor said Wednesday.
    The sale last year of the Swiss inspection, testing and certification giant SGS to a subsidiary of Groupe Bruxelles Lambert (GBL) for two billion euros was responsible for the majority of the difference.
    Exor's financial position in 2013 bounced back to positive territory at 1.28 billion euros, which compares to negative 525.9 million in 2012. Exor owns 30% of the Fiat Chrylser Group, 68.6% of Cushman & Wakefield, and 27.2% of CNH.


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