Exor: Solid Results And Higher NAV

Sep. 28, 2024 6:35 AM ETExor N.V. (EXXRF) Stock
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Mare Evidence Lab
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(7min)

Summary

  • Exor faces challenges with Stellantis and CNH, but Ferrari's strong performance bolsters its financial stability.
  • Exor's strategic shift towards luxury brands and healthcare indicates a potential move away from the volatile automotive market.
  • Higher NAV and higher discounts. This is not justified. We remain buyers.

Enzo Ferrari House Museum

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This week, Exor N.V. (OTCPK:EXXRF) released its half-year results presentation. The company's season was not easy due to the stock price setbacks of Stellantis and CNH Industrial. In detail, Stellantis alone has lost almost 46% of its

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Buy-side hedge professionals conducting fundamental, income oriented, long term analysis across sectors globally in developed markets. Please shoot us a message or leave a comment to discuss ideas.DISCLOSURE: All of our articles are a matter of opinion, informed as they might be, and must be treated as such. We take no responsibility for your investments but wish you best of luck.

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