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BRIEF-Exor 2016 profit drops to 588.6 mln euros
April 5, 2017 / 11:38 AM / 8 months ago

BRIEF-Exor 2016 profit drops to 588.6 mln euros

April 5 (Reuters) - Exor says:

* Full year consolidated profit 588.6 million euros vs 744.5 million euros the previous year

* drop in profit due to lower gains on the disposal of investments, and increase in taxes, duties, net financial expenses and non-recurring expenses

* net asset value at $14.64 billion at end-2016

* to pay dividend of 0.35 euros per share

* expects to report profit in 2017 Further company coverage: (Reporting by Milan newsroom)

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