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%).
- 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: 2025-04-03
Key Executives
| Chief Executive Officer | |
| Chief Financial Officer | |
| Chief Technology Officer | |
| Chief Operating Officer | |
| Chief Communication Officer | |
| General Counsel | |
| Chief Human Resources Officer | |
| Director of Sustainable Development | |
| Head of Investor Relations |
Source: Cofisem - Last Update: 2025-04-03
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 |
Source: Cofisem - Last Update: 2025-04-03
Shareholder information
| Giovanni Agnelli B.V. | |
| Norges Bank | |
| Group-owned stock |
Source: Cofisem - Last Update: 2025-04-03
Address
Iveco Group N.V.
Via Puglia 35
IT-10156 Torino
Italy
https://www.ivecogroup.com/
Source: Cofisem - Last Update: 2025-04-03
Contact
Investor Relations team
Phone number: +39 011 0073539
investor.relations@ivecogroup.com
Phone number: +39 011 0073539
investor.relations@ivecogroup.com
Source: Iveco Group N.V. - Last Update: 2025-04-03
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