Iveco slashes FY25 industrial free cash flow estimate
23/01/2026 17:49
Jan 23 (Reuters) - Italian truck-maker Iveco IVG.MI cut on Friday its industrial free cash flow estimate for 2025 to 60 million euros ($70.65 million), compared to previous guidance of between 250-350 million euros. "The main reason for this is lower-than-forecasted free cash flow performance in the Bus segment during the fourth quarter due to ramp-up cost and production delays," the company said. All the remaining targets were expected to be met or come slightly below guidance, it said. The truck-maker - set to be acquired by India's Tata Motors TAMO.NS is due to report its full-year and fourth-quarter results on February 12. ($1 = 0.8493 euros) (Reporting by Mirko Miorelli Editing by Tomasz Janowski) ((Mirko.Miorelli@thomsonreuters.com;))