Guido de Boer
Chief Financial Officer, EXOR
Replay available
Exor Nv Ord (EXXRF) Q2 2026 Earnings Call
Exor Nv Ord (OTC: EXXRF) Q2 2026 earnings conference call, held 2026-09-23. Replay captured from the company's public earnings webcast.
Investor webinar replay
Meeting Overview The meeting was a conference call to discuss EXOR's financial results for the first half of 2026. Key highlights included updates on portfolio simplification, significant divestments, and the company's strong cash position. Key Discussion Points - Overview of EXOR's portfolio simplification efforts. - Significant divestments including IVECO and JD Lightnet. - Sale of Beltec and its expected closing timeline. - Increase in cash position from 1.4 billion to approximately 4 billion. - Performance of listed companies and impact on net asset value (NAV). - Discussion on shareholder returns and planned buybacks. Decisions Made - No explicit decisions recorded. Action Items & Next Steps - [Unassigned] : Further details on the buyback plan to be discussed in future meetings. - [Unassigned] : Follow-up on the completion of the Beltec sale and its impact on cash position. - [Unassigned] : Provide additional transparency on the performance of listed companies in the next report.
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Replay transcript excerpt
Speaker 1: Welcome and thank you for joining EXOR's 0.5 Year 2026 Speaker 1: Results Conference Call. Speaker 1: Please note that the presentation materials and the related press release are available for download on EXOR's website Speaker 1: www.exor.com Speaker 1: under the Investors and Media Financial Results section Speaker 1: and any forward-looking statements made during this call are covered by the Safe Harvest Statement included in the presentation material. Speaker 1: As a reminder, all participants are in a listen-only mode. Speaker 1: Later there will be a brief question and answer session. Speaker 1: Please note that this conference is being recorded. Speaker 1: At this time I would like to turn the conference over to EXOR's Chief Financial Officer Guido de Boer. Sir, you may begin. Speaker 2: Thank you for opening this call and welcome all to the 0.5 year Speaker 2: 2026 results call Speaker 2: EXOR. Speaker 2: 2 main highlights that we would like to present to you today. We announced last year that we will progress with simplifying Speaker 2: our portfolio Speaker 2: and we've progressed Speaker 2: at speed with doing that. Speaker 2: The most sizable 1, IVECO, Speaker 2: you'll Speaker 2: follow closely. Speaker 2: Where earlier Speaker 2: in the 0.5 year the sales to defense business could be Leonardo Speaker 2: and also a few weeks ago Tata formally launched its tender offer for IVECO Speaker 2: with closing to us in 2 months. Speaker 2: Also during the period we completed the divestment Speaker 2: of JD Lightnet and Muon Speaker 2: and I'm pleased to tell you that Speaker 2: last day we signed an agreement to sell our space in Beltec Speaker 2: where we've owned the company Speaker 2: through a business cycle Speaker 2: managing Speaker 2: to run t...