Exor NV
NAV reached €38.3 billion at 30 June 2024, an increase of €2.9 billion during the First Half of 2024
• NAV per share increased by 9% in the first half of 2024, compared to 14% of the MSCI World Index, mainly
driven by the performance of Ferrari, Philips and Lingotto Funds.
• Strong cash flow generation with dividends received from Companies and asset disposals of €1.5 billion.
Cash deployed into Companies, Investments and share buybacks amounted to €1.1 billion, maintaining a
disciplined capital allocation.
• Net debt was €3.7 billion at 30 June 2024 from €4.0 billion at 1 January 2024, with an LTV ratio of 9%.