Turin, Apr. 21 (Korea Bizwire) – The Board of Iveco Group N.V. (EXM: IVG) (or “the Group”) announces that Olof Persson will succeed Gerrit Marx as Group CEO when the latter leaves the Group to take up his appointment as the CEO of CNH Industrial N.V. (NYSE: CNHI) on 1st July 2024. Mr. Persson, who is currently [...]
Turin, 17th April 2024 (Korea Bizwire) – Iveco Group N.V. (EXM: IVG) (the Company or IVG) announces that its shareholders approved all the resolutions proposed by the Board of Directors (the Board) at its Annual General Meeting (AGM) held today in Amsterdam, the Netherlands. The AGM: adopted the 2023 Annual Financial Statements; approved the proposal to distribute [...]
Turin, Apr. 8 (Korea Bizwire) – Iveco Group (EXM: IVG) announces the publication on its corporate website of its quarterly figures for 2022 and 2023 duly recast according to the Company’s new segment reporting structure by Business Unit, as presented on 14th March 2024 and effective starting from 1st January 2024. The new reporting structure lists the Revenue [...]
Turin, Mar. 18 (Korea Bizwire) – Iveco Group N.V. (EXM: IVG) today announces that Francesco Tutino, having contributed importantly to the Company’s successful spin-off and first two years of independence in his role as Chief Human Resources & IT Officer, will be taking up a new position in another industry sector within the end of the [...]
Turin, 15th March 2024 (Korea Bizwire) – At its Capital Markets Day held yesterday in Turin, Italy, Iveco Group (EXM: IVG) presented its revised guidance for 2024 and, within its new Strategic Business Plan (SBP), financial targets at 2026 and 2028. Both the updated guidance and the future targets take into account the exclusion of the Fire [...]
First time disclosure of performance and plan for its five Business Units: Truck, Bus, Defence, Powertrain and Financial Services Transfer of ownership of MAGIRUS Firefighting Business Unit to Mutares; closing by January 2025 Key financial targets of Industrial Activities for 2028 include: Net Revenues of approximately €19 billion, Adj. EBIT margin of 7 to 8%, [...]
Turin, Mar. 13 (Korea Bizwire) – Iveco Group (EXM: IVG) and Mutares SE & Co. KGaA (ISIN: DE000A2NB650), an investment holding focused on special situations transactions, announced today the signing of a definitive agreement for the transfer of ownership of Magirus GmbH and its affiliates performing firefighting business (“MAGIRUS”). MAGIRUS manufactures and sells firefighting vehicles and [...]
Turin, 12th March 2024. (Korea Bizwire) – Iveco Group N.V. (EXM: IVG) announced today that there will be an Iveco Group Capital Markets Day on Thursday, 14th March 2024. A live streaming of the Iveco Group Capital Markets Day will begin at 1:30 p.m. CET / 12:30 p.m. GMT / 8:30 a.m. EST on Thursday, 14th March 2024. [...]
Turin, 5th March 2024 (Korea Bizwire) – Iveco Group N.V. (MI: IVG) announced that it filed today its 2023 Annual Report with the Netherlands Authority for the Financial Markets (AFM) in European Single Electronic Format (ESEF). The document is available in the Investors section of the Iveco Group corporate website at www.ivecogroup.com. Iveco Group’s Annual Report for the [...]
Turin, 14th February 2024 (Korea Bizwire) – HEULIEZ, the urban bus brand of Iveco Group (EXM: IVG), has been selected by Régie des Transports Métropolitains (RTM, the public transport operator of Marseille) to supply 200 electric buses, with a contract worth 125 million euros. This significant order marks a major step forward in the large-scale electrification of [...]