Full Year 2023 Exor NV Earnings Call Transcript

Apr 11, 2024 / 08:00AM GMT
Operator

Welcome, and thank you for joining Exor's Full Year 2023 Results Conference Call. Please note that the presentation materials and the related press release are available for download on Exor's website, www.exor.com under the Investors and Media Financial Results section. And any forward-looking statements made during this call are covered by the safe harbor statement included in the presentation material. (Operator Instructions) Please note that this conference is being recorded.

At this time, I would like to turn the conference over to Exor's Chief Financial Officer, Guido de Boer. Sir, you may now begin.

Guido de Boer - Exor N.V. - CFO

Thank you, Nadia, and happy to present the 2023 results to you, especially because it was a busy but also a very successful year for Exor. Our NAV increased from EUR 28 billion to EUR 35 billion, one of the strongest performance we've seen in years on the back, in particular, of Ferrari and Stellantis doing extremely well. Our debt position increased from a

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