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Iveco Group reports Q1 2026 loss despite stable revenues and completes Defence business sale.

Company Fundamentals
07 May 2026
GlobeNewsWire
View Source
Bearish
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In Q1 2026, Iveco Group reported consolidated revenues of €2.828 billion, slightly up from €2.806 billion in Q1 2025, driven by higher bus volumes but offset by lower truck sales in South America and currency impacts. However, the company posted an adjusted EBIT loss of €55 million, compared to a €117 million profit a year earlier, mainly due to increased production costs and quality focus. Iveco also recorded an adjusted net loss of €74 million, excluding a €1.254 billion net gain from the sale of its Defence business to Leonardo S.p.A., which closed in March 2026. The sale proceeds supported a €1.551 billion interim dividend paid in April, and the company maintains strong liquidity of €5.5 billion. The Tata Motors tender offer is expected to close by Q3 2026, marking a key upcoming event for the group.

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