BRIEF-Exor open to other sector beyond tech, luxury, healthcare, CEO says

Reuters03-24
BRIEF-Exor open to other sector beyond tech, luxury, healthcare, CEO says

March 24 (Reuters) - Exor EXOR.AS top executives tell analysts in a post-earnings call:

  • COO: WE LOOK FORWARD TO CONTINUING TO BE A SHAREHOLDER IN CNH

  • CEO: WE REMAIN CONVINCED TECH, LUXURY AND HEALTHCARE ARE INTERESTING IN TERMS OF VALUATIONS BUT WE SHOULD BE OPEN TO OTHER SECTORS

  • CEO ASKED WHETHER CO IS CONSIDERING FURTHER BUYBACKS: AS OF NOW CASH IS KING, HAVING A STRONG BALANCE SHEET IS IMPORTANT FOR US AND OUR COMPANIES

  • CEO: PHILIPS IS A GOOD EXAMPLE OF TYPE OF COMPANIES THAT WE WOULD BE A GOOD OWNER OF

Further company coverage: EXOR.AS CNH.N PHG.AS

(Reporting by Milan Newsroom)

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