Brief: Iveco does not see further significant price hikes throughout 2023 - CEO

CNH Industrial NV

10/02/2023 11:02

Feb 10 (Reuters) - Iveco Group  IVG.MI  Chief Executive
Gerrit Marx tells analysts in post-results call:
    * WE HAVE NOT FORESEEN ANY FURTHER PRICE
INCREASES AT THIS STAGE
    * PRICING EXPECTED TO BE A BIT MORE DIFFICULT IN H2 IN LIGHT
OF
DECLINING ENERGY, COMMODITY COSTS
    * ICOMMON PURCHASING AS PART OF PARTNERSHIP WITH HYUNDAI IS
UNDER PREPARATION
    * WE ARE NOT CONSIDERING A DIVIDEND ON 2022 RESULTS BUT WE
SAID
THERE IS A DIVIDEND POLICY FOR FOLLOWING YEARS
    * I DO NOT EXPECT FURTHER SIGNIFICANT PRICE INCREASES
THROUGHOUT
2023 AS WE FACE DECLINE IN COMMODITY PRICES

Further company coverage:  CNHI.MI 
 (Reporting by Milan newsroom)