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Company profile

Iveco Group N.V. specializes in the design, manufacture and marketing of commercial and specialized vehicles and transmission systems. Net sales (including intragroup) break down by activity as follows:
  • sale of commercial and specialized vehicles (76.8%): commercial vehicles, buses, trucks, light and heavy industrial vehicles, defense vehicles, fire-fighting vehicles, mining vehicles, etc. (Iveco, Heuliez Bus, Iveco Astra, Magirus and Iveco Defence Vehicles brands);
  • sale of transmission and propulsion systems (20%): transmission and axle systems, combustion engines, alternative propulsion systems (FPT Industrial brand), mainly for agricultural, construction and energy production equipment;
  • financial services (3.2%): particularly financing and leasing services.
At the end of 2024, the group had 27 production sites worldwide. Net sales are distributed geographically as follows: Europe (75.1%), South America (11.1%), North America (1.9%) and others (11.9%).

Source: Cofisem - Last Update: 10 Mar 2025
Key Executives
Chief Executive Officer Olof Persson
Chief Financial Officer Anna Tanganelli
Chief Technology Officer Marco Liccardo
Chief Operating Officer Domenico Nucera
Chief Communication Officer Francesco Polsinelli
General Counsel Gabriella Porcelli
Chief Human Resources Officer Veronica Quercia
Director of Sustainable Development Michele Ziosi
Head of Investor Relations Federico Donati
Source: Cofisem - Last Update: 10 Mar 2025
Key figures
Millenium 2024 2023 2022 2021 2020
Net sales 15.289 15.978 14.357 12.651 10.411
Income from ordinary activities 15.289 15.978 14.357 12.651
Operating income 819 866 471 268 -333
Cost of financial indebtedness net 128 177 119 63
Equity-accounted companies contribution to income -5 27
Net profit from discontinued activities -286 -34
Net income 352 234 159 76 -372
Net income (Group share) 349 218 147 52 -408
Fiscal year end 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Length of fiscal year (month) 12 12 12 6 12
Currency & Unit EUR - millions EUR - millions EUR - millions EUR - millions EUR - millions
Account Standards IFRS IFRS IFRS IFRS Local GAAP
Cost of sales 9.462
Labour costs 0
Income tax -116
Source: Cofisem - Last Update: 10 Mar 2025
Shareholder information
Giovanni Agnelli B.V. 27,06 %
Norges Bank 8,91 %
Group-owned stock 2,55 %
Source: Cofisem - Last Update: 10 Mar 2025

Adresse

Iveco Group N.V.

Via Puglia 35
IT-10156 Torino
Italy
Source: Cofisem - Last Update: 10 Mar 2025

Kontakt

Investor Relations team
Telefonnummer: +39 011 0073539
Source: Iveco Group N.V. - Last Update: 10 Mar 2025