Turin

Exor profit falls

Operating result up

Exor profit falls

Turin, April 16 - Agnelli group holding company Exor on Tuesday reported a consolidated net profit of 398.2 million euros for 2012, down from 504.2 million in 2011. The net operating result was 150.5 million euros, up from 58.7 million in 2011. Exor holds a large stake in carmaker Fiat, which controls Chrysler. It is also the controlling shareholder of Fiat Industrial, owner of earth-moving equipment maker CNH and truck-maker Iveco. Its other holdings include Switzerland-based SGS, the world's largest, testing, inspection and quality company; and Cushman & Wakefield, the world's largest privately held real estate services company.

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