Earnings Alerts

EXOR NV (EXO) Earnings: FY Net Assets Surge by 26% – Key Takeaways from the Recent Earnings Announcement

  • <b>Exor</b>’s FY net assets have significantly risen by 26% to EU35.51 billion from last year’s EU28.23 billion.
  • The company’s net income recorded is EU4.19 billion, showing a small decrease of 0.8% year on year.
  • <b>Exor</b> is scheduled to pay a dividend per share of EU0.46.
  • The company has now been classified as an Investment Entity under IFRS 10 starting from January 1, which influenced its evolution in business.
  • Effective from this date, Exor will modify its reporting by deconsolidating portfolio companies and evaluating them at their fair value.
  • Exor plans on restarting their share buyback program for the remaining €250m.
  • Finally, in terms of ratings, Exor currently holds seven buys, two holds, and zero sell.

A look at EXOR NV Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth3
Resilience4
Momentum5
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

EXOR N.V., a diversified holding company, is positioned for a promising long-term outlook based on its Smartkarma Smart Scores. With a solid overall profile, the company demonstrates strengths in Resilience and Momentum, scoring 4 and 5 respectively. This indicates a high level of stability and upward trend in performance. Additionally, EXOR NV exhibits moderate prospects in Value and Growth, scoring 3 in both categories, reflecting a balanced approach to investment and potential for development.

Despite a lower score in Dividend at 2, EXOR NV‘s strategic focus on enhancing competitive positions and profitability of its subsidiaries presents opportunities for long-term growth. By maintaining close communication with invested companies and allowing for operational autonomy, EXOR NV sets a strong foundation for sustained success in the market.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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