BRIEF-Exor 2016 profit drops to 588.6 mln euros
April 5 Exor says:
* Full year consolidated profit 588.6 million euros vs 744.5 million euros the previous year
* drop in profit due to lower gains on the disposal of investments, and increase in taxes, duties, net financial expenses and non-recurring expenses
* net asset value at $14.64 billion at end-2016
* to pay dividend of 0.35 euros per share
* expects to report profit in 2017 Further company coverage: (Reporting by Milan newsroom)