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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