Iveco's annual operating profit falls 28% ahead of Tata takeover
12/02/2026 06:44
Feb 12 (Reuters) - Italian truck-maker Iveco IVG.MI posted a 28% drop in its full-year adjusted operating profit on Thursday, hit by weaker European truck demand and delays at a French bus plant. The group, which is set to be acquired by India's Tata Motors TAMO.NS, said its adjusted operating profit fell to 645 million euros ($765 million) last year, from 892 million euros in 2024. ($1 = 0.8432 euros) (Reporting by Laura Contemori; Editing by Milla Nissi-Prussak) ((Laura.Contemori@thomsonreuters.com;))