{"id":124061,"date":"2026-02-12T03:42:00","date_gmt":"2026-02-12T06:42:00","guid":{"rendered":"https:\/\/bluestudio.estadao.com.br\/agencia-de-comunicacao\/releases\/releases-geral\/iveco-group-2025-full-year-and-fourth-quarter-results\/"},"modified":"2026-02-12T03:42:00","modified_gmt":"2026-02-12T06:42:00","slug":"iveco-group-2025-full-year-and-fourth-quarter-results","status":"publish","type":"post","link":"https:\/\/bluestudio.estadao.com.br\/agencia-de-comunicacao\/releases\/releases-geral\/iveco-group-2025-full-year-and-fourth-quarter-results\/","title":{"rendered":"Iveco Group 2025 Full Year and Fourth Quarter Results"},"content":{"rendered":"

The following is an extract from the Iveco Group 2025 Full Year and Fourth Quarter Results press release (*)<\/sup>. The complete press release can be accessed by visiting the media section of the Iveco Group corporate website: https:\/\/www.ivecogroup.com\/media\/corporate_press_releases<\/a> or consulting the accompanying PDF: <\/p>\n

The Board of Directors approves FY 2025 preliminary results. <\/b>
Extraordinary transactions for the sale of Defence and the Tata Motors Tender Offer<\/b>
are on track for completion in line with previously communicated timelines.<\/b><\/p>\n

Consolidated revenues<\/b> amounted to 13,428 million<\/b> compared to 14,417 million in 2024. Net<\/b> revenues of Industrial Activities<\/b> were 13,129<\/b> million<\/b> compared to 14,064 million in 2024, mainly due to lower volumes in Europe for Truck and Powertrain and an adverse foreign exchange rate impact.<\/p>\n

Adjusted EBIT <\/b>was 645<\/b> million<\/b> compared to 892 million in 2024, with a 4.8<\/b>%<\/b> margin <\/b>(6.2% in 2024). Adjusted EBIT of Industrial Activities<\/b> was 528<\/b> million<\/b> (761 million in 2024), mainly driven by lower volumes and unfavorable product cost in Truck and Bus, partially offset by cost containment actions in selling, general and administrative (SG&A) expenses. Adjusted EBIT margin of Industrial Activities<\/b> was 4.0%<\/b> (5.4% in 2024).<\/p>\n

Adjusted net income<\/b> was 312 million<\/b> (520 million in 2024) with adjusted diluted earnings per share<\/b> of 1.16 <\/b>(1.91 in 2024). <\/p>\n

Net financial expenses<\/b> amounted to 222 million <\/b>compared to 192 million in 2024 which included a positive impact of the Argentinian hyperinflation accounting (no longer applicable in this country starting from 1st<\/sup> January 2025). <\/p>\n

Reported income tax expense was 82 million, with an adjusted Effective Tax Rate<\/b> (adjusted ETR) of 26<\/b>%<\/b> in 2025 which reflects the different tax rates applied in the jurisdictions where the Group operates and some other discrete items. <\/p>\n

Free cash flow of Industrial Activities<\/b> was negative <\/b>at 109<\/b> million <\/b>(positive at 240 million in 2024), mainly driven by lower volumes and a one-off negative impact from exceptionally high inventory levels in the Bus division at year-end. <\/p>\n

Available liquidity<\/b> of Continuing Operations was 4,693 million<\/b> as of 31st<\/sup> December 2025, including 1,900 million of undrawn committed facilities. Available liquidity of Discontinued Operations was 499 million as of 31st<\/sup> December 2025.<\/p>\n

(*) 2025 financial data shown refers to Continuing Operations only, unless otherwise stated. Continuing Operations exclude the Defence business which, following the already announced signing of a definitive agreement to sell this business, has been classified as Discontinued Operations. 2024 comparative figures have been recast consistently.<\/i><\/p>\n

\n Attachment<\/strong>\n<\/p>\n