By Kim Richters

Exor N.V. on Thursday reported a profit for 2021 and proposed to pay an unchanged dividend.

The investment company, which holds stakes in a number of companies such as car makers Ferrari N.V. and Stellantis N.V., said full-year net profit came in at 1.72 billion euros ($1.89 billion). In 2020, Exor posted a loss of EUR30 million mainly because its subsidiaries were hit by the coronavirus pandemic.

Net asset value was EUR31.07 billion at Dec. 31, 2021, compared with EUR24.04 billion a year earlier.

Exor proposed a dividend of EUR0.43 a share, unchanged from the previous one.


Write to Kim Richters at kim.richters@wsj.com


(END) Dow Jones Newswires

03-24-22 1347ET