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Iveco Group makes major investments in 2023

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By Luke Willetts - 22nd March 2024

Iveco Group HQ in Turin, Italy

Italy – After the second year as an independent group, commercial vehicle manufacturer, the Iveco Group based in Turin, announced a positive set of financial results for the 2023 year, including EUR 16 billion in consolidated revenues (up 13% from 2022), an adjusted EBITA of EUR 940 million (up EUR 413 million compared to 2022) and an adjusted net income of EUR 352 million (up EUR 127 million from 2022 figures). This resulted in a recommended annual cash dividend of EUR 0.22 per common share.

Operational Highlights

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