2024-04-12 04:37:52 ET
Summary
- In 2023, Exor’s net asset value per share increased by 32.7%.
- The company sold its local newspaper and completed Juventus' capital increase without increasing its equity stake.
- Ongoing portfolio rotation, higher diversification, and better-than-expected DPS evolution make Exor stock a buy.
Following Exor N.V.'s (EXXRF) 2023 fiscal year results, we are back to comment on the company's recent developments. For our new readers, Exor is an investment holding company based in the Netherlands. Since our 2022 initiation of coverage ( Buyback In Place To Erase The NAV Discount ), the company has improved its portfolio rotation and increased exposure in the healthcare sector....
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For further details see:
Exor: Supportive Results - Buy Confirmed