Italy's Iveco FY revenue falls on lower volumes

Iveco NV

12/02/2026 06:37

Overview

Italy truck maker's FY 2025 revenue fell due to lower volumes and forex impacts

Adjusted EBIT for FY 2025 declined, affected by unfavorable product costs

Company's FY 2025 free cash flow was negative, driven by high inventory levels

Outlook

Iveco did not provide specific future guidance in the press release

Result Drivers

LOWER VOLUMES - Revenue and adjusted EBIT were impacted by reduced volumes in Europe for Truck and Powertrain

UNFAVORABLE PRODUCT COSTS - Adjusted EBIT decline driven by unfavorable product costs in Truck and Bus

HIGH INVENTORY LEVELS - Negative free cash flow due to high inventory levels in Bus division

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
EUR 13.43 bln
FY Adjusted EPS
EUR 1.16
FY Adjusted Net Income
EUR 312 mln
FY Adjusted EBIT
EUR 645 mln
FY Industrial Free Cash Flow
-EUR 109 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 8 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the heavy machinery & vehicles peer group is "buy."

Wall Street's median 12-month price target for Iveco Group NV is €19.90, about 5.2% above its February 11 closing price of €18.92

The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 8 three months ago

Press Release: ID:nGNX9fQxZq

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)