Iveco Group 2026 Third Quarter Results
Globe Newswire•03/11/2026•15:00 ET
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Key Highlights
- ➤Q3 revenue €3.16B, up 1.4% year over year
- ➤Q3 Adjusted EBIT €30M, down from €111M
- ➤Industrial Activities Adjusted EBIT fell to nil from €76M
- ➤Adjusted net loss €32M versus €40M income previously
- ➤Q4 profitability expected to recover despite weaker LCV demand
Expert Statements
Olof Persson, Chief Executive Officer of Iveco Group
“In the third quarter, we continued to prioritise quality throughout the company, dedicating additional resources in line with the strategy we set for the year. This deliberate choice weighed on profitability, along with an unfavourable product mix across business units. Our efforts in quality reached their peak during the quarter and, from now onwards, will gradually decrease. Their benefits will become increasingly visible in our performance and will eventually make a positive contribution to our results. Overall, our revenues were slightly up versus the previous year, demonstrating the solid competitiveness of our products.”
A quarter marked by continued efforts in quality initiatives, with revenue growth offset by a temporary product mix impact
Following the successful completion of the tender offer, Iveco Group is now part of Tata Motors
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