The latest Iveco Group financial results. Lower revenues and adjusted EBIT due to challenging market trends
Consolidated revenues amounted to €13,428 million, compared to €14,417 million in 2024. Net revenues of Industrial Activities were €13,129 million compared to €14,064 million in 2024. Adjusted EBIT was €645 million compared to €892 million in 2024, with a 4.8% margin (6.2% in 2024). Here are all the figures.
Iveco Group released their latest financial results, regarding the year 2025. This year, quite a particular one for the whole group, “extraordinary transactions for the sale of Defence and the Tata Motors Tender Offer are on track for completion in line with previously communicated timelines”.
Coming to the figures, consolidated revenues amounted to €13,428 million, compared to €14,417 million in 2024. Net revenues of Industrial Activities were €13,129 million compared to €14,064 million in 2024. This is mainly due to lower volumes in Europe for Truck and Powertrain and an adverse foreign exchange rate impact.
Iveco Group 2025 financial results: some more infos
Adjusted EBIT was €645 million compared to €892 million in 2024, with a 4.8% margin (6.2% in 2024). Adjusted EBIT of Industrial Activities was €528 million (€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 was 4.0% (5.4% in 2024). Finally, Adjusted net income was €312 million (€520 million in 2024).
Free cash flow of Industrial Activities was negative at €109 million (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. More news about the already mentioned definition of the Tata Motors Tender Offer will come shortly.
