Exor NV (NL:EXO)
:EXO
Earnings Data
Report Date
Sep 09, 2026TBA (Not Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
―Last Year’s EPS
-3Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presented a balanced picture: strong internal actions and positive developments (Lingotto’s strong performance, meaningful buybacks, a fortified balance sheet, and improving execution at Philips) are offset by significant headwinds from major holdings (NAV decline driven by Ferrari, Stellantis and CNH), a very large discount to NAV, and ongoing operational challenges at key portfolio companies. Management emphasizes prudence, liquidity, and patient capital allocation entering a difficult 2026.Company Guidance
Lingotto Reaches EUR 10 Billion AUM and Strong Performance
Lingotto reached roughly EUR 10 billion in assets under management and delivered an outstanding performance, with Lingotto rising ~40% in 2025, driven by its intersection/public strategy and selective third-party capital.
Large Share Buybacks and Accretive Repurchases
Exor executed a EUR 1.0 billion buyback program in 2025 (at >50% discount) and has repurchased approximately EUR 2.5 billion of stock over recent years, cumulatively reducing outstanding shares by close to 15% and contributing positively to per-share metrics.
Solid Liquidity and Strengthened Balance Sheet
Exor finished FY2025 with a strong liquidity position: cash of EUR 1.4 billion, an extended EUR 1.1 billion credit facility, a low loan-to-value ratio of 6.9%, and modest near-term maturities (including a refinanced EUR 600 million bond now maturing 2035). Management expects additional cash resources of ~EUR 3 billion from announced transactions, giving the group potential liquidity near EUR 4 billion.
Lingotto / Investment Model Validation
The performance-driven Lingotto model validated Exor's strategy to build an investment organization focused on returns rather than pure asset gathering; Exor also benefits economically from Lingotto returns via its ownership of the asset manager and co-investment structure.
Philips Execution and Upgraded Ambition
Philips delivered margin expansion and a peak in order intake in 2025. Exor increased its stake (~19% economic rights) and Philips unveiled a 2026–2028 plan targeting mid-single-digit sales growth and mid-teens profit margins, reflecting improving operational momentum.
Iveco Strategic Transactions Completed/Advanced
Iveco closed the sale of its Defence business to Leonardo (closing March 18) and is combining the remainder (trucks, buses, engines) with Tata Motors via a tender offer expected to close end of Q2; the two transactions total a valuation of EUR 5.3 billion and should generate near-term dividends (expected end of April).
NL:EXO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
NL:EXO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 23, 2026 | €64.70 | €63.50 | -1.85% |
Sep 17, 2025 | €83.50 | €81.85 | -1.98% |
Mar 26, 2025 | €90.17 | €88.79 | -1.54% |
Sep 24, 2024 | €97.89 | €97.49 | -0.40% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Exor NV (NL:EXO) report earnings?
Exor NV (NL:EXO) is schdueled to report earning on Sep 09, 2026, TBA (Not Confirmed).
What is Exor NV (NL:EXO) earnings time?
Exor NV (NL:EXO) earnings time is at Sep 09, 2026, TBA (Not Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is the P/E ratio of Exor NV stock?
The P/E ratio of Exor is N/A.
What is NL:EXO EPS forecast?
Currently, no data Available