Iveco Group N.V.

Milan Stock Exchange IVG.MI

Iveco Group N.V. Gross Profit for the year ending December 31, 2023: USD 2.98 B

Iveco Group N.V. Gross Profit is USD 2.98 B for the year ending December 31, 2023, a 56.83% change year over year. Gross profit is the difference between revenue and the cost of revenue, representing the profit earned from core business operations.
  • Iveco Group N.V. Gross Profit for the year ending December 31, 2022 was USD 1.90 B, a 1.85% change year over year.
  • Iveco Group N.V. Gross Profit for the year ending December 31, 2021 was USD 1.87 B, a 60.94% change year over year.
  • Iveco Group N.V. Gross Profit for the year ending December 31, 2020 was USD 1.16 B, a -37.39% change year over year.
  • Iveco Group N.V. Gross Profit for the year ending December 31, 2019 was USD 1.85 B, a -11.15% change year over year.
Key data
Date Gross Profit Operating Income EBIT EBITDA
Market news
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Milan Stock Exchange: IVG.MI

Iveco Group N.V.

CEO Mr. Olof Persson
IPO Date Jan. 3, 2022
Location Italy
Headquarters Via Puglia n. 35
Employees 36,000
Sector Consumer Discretionary
Industries
Description

Iveco Group N.V. engages in the design, production, marketing, sale, servicing, and financing of trucks, commercial vehicles, buses and specialty vehicles for firefighting, defense, and other applications in Italy and internationally. The company operates through three segments: Commercial and Specialty Vehicles, Powertrain, and Financial Services. It offers commercial and specialty vehicles comprising light, medium, and heavy vehicles for the transportation and distribution of goods under the IVECO brand; city and commuter buses under the IVECO BUS and HEULIEZ BUS brands; quarry and mining equipment under the IVECO ASTRA brand; firefighting vehicles under the Magirus brand; and vehicles for civil defense and peace-keeping missions under the Iveco Defence Vehicles brand. The company also designs, manufactures, and distributes powertrains under the FPT Industrial brand; and combustion engines, alternative propulsion systems, transmission systems, and axles for on- and off-road applications, as well as for marine and power generation. In addition, it offers financial products and services to dealers and customers; and administers wholesale and retail financing services to customers for the purchase or lease of new and used vehicles sold by brand dealers and distributors. Iveco Group N.V. was incorporated in 2021 and is based in Turin, Italy.

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StockViz Staff

January 15, 2025

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