Iveco Group reported a 7.3% increase in second-quarter consolidated revenues to €3,764 million, driven by higher volumes in Europe, while adjusted EBIT fell to €131 million from €171 million a year earlier, reflecting planned investments in quality. Industrial Activities generated an adjusted EBIT of €104 million, down from €143 million, and free cash flow was an outflow of €45 million, though available liquidity remained solid at €4.4 billion after the payment of an approximately €1,550 million extraordinary interim dividend from the Defence business disposal proceeds. The company said Tata Motors’ tender offer for the proposed acquisition of Iveco Group is expected to be launched in early September 2026, with closure envisaged by early November 2026, pending one final regulatory approval. Looking ahead, Iveco Group expects a gradual recovery in profitability during the second half of 2026, supported by actions implemented in the first half and an acceleration of its Efficiency Programme, while also anticipating solid free cash flow generation.
Iveco Group N.V.Revenues up 7.3%, solid liquidity, and expected profitability recovery in H2 2026.
Tata Motors' tender offer for Iveco Group expected in September 2026, indicating strategic acquisition progress.