Iveco Group N.V.

IVG

NL0015000LU4

Heavy Machinery & Vehicles

Market Closed - Borsa Italiana Other stock markets 11:44:59 2024-05-10 am EDT			5-day change	1st Jan Change
11.74 ^EUR	+0.21%		+2.13%	+44.18%

May. 10	Mib bullish; Enel and Iveco good after accounts	AN
May. 10	Europe's STOXX 600 hits record high on earnings, rate cut optimism	RE

Iveco, Tanzi leave CFO role "for another industry sector"

June 28, 2023 at 03:14 am EDT

(Alliance News) - Iveco Group NV announced Wednesday that Francesco Tanzi will leave his role as the company's chief financial officer and take up a new position in another industry sector by the end of the third quarter of this year.

The search process to identify the person to succeed Tanzi has already begun, Iveco explains, with the prospect of filling the position by the end of this interim period.

Iveco Group's stock is in the red by 0.9 percent at EUR7.83 per share.

By Chiara Bruschi, Alliance News reporter

Comments and questions to redazione@alliancenews.com

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Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	IVECO GROUP N.V.	11.74 EUR	+0.21%	+2.13%	3.35B
	CNH INDUSTRIAL N.V.	11.52 USD	+1.59%	+0.35%	14.49B

Latest news about Iveco Group N.V.

Mib bullish; Enel and Iveco good after accounts	May. 10	AN
Europe's STOXX 600 hits record high on earnings, rate cut optimism	May. 10	RE
Transcript : Iveco Group N.V., Q1 2024 Earnings Call, May 10, 2024	May. 10
Mib rises above 34,500; Iveco leads rises	May. 10	AN
Iveco Group N.V. Reports Earnings Results for the First Quarter Ended March 31, 2024	May. 10	CI
Iveco Group Backs Guidance After Profit Surges on Lower Finance Costs	May. 10	DJ
Funds move on Mib and Mid stocks.	May. 09	AN
Mib advances; Cucinelli confirms top spot	May. 03	AN
Mib in green; Brunello Cucinelli rears its head again	May. 03	AN
Futures bullish; Mib restarts at 33,700 points	May. 02	AN
Mib in the red; Stellantis gives up double digits	Apr. 30	AN
Europeans down after inflation and Eurozone GDP.	Apr. 30	AN
Stock exchanges up at start; shower of macro in Europe	Apr. 30	AN
Stock markets expected in green ahead of GDP and inflation	Apr. 30	AN
Stock markets mixed, eyes on Middle East and Fed	Apr. 29	AN
Business Square still up; Eurozone confidence falls	Apr. 29	AN
CNH Industrial Signs $3.46 Billion Replacement Credit Line	Apr. 23	MT
Mib above 34,000 threshold; TIM among the best	Apr. 23	AN
Stock markets in green; Italian deficit increases	Apr. 23	AN
Futures up; wait for Eurozone PMI	Apr. 23	AN
Top Midday Stories: Verizon Shares Down, Truist Shares Up Post Earnings; CNH Industrial Names New Chief Executive; Tesla Dissolves Newly Created Marketing Team	Apr. 22	MT
Mib bearish; DiaSorin closes ahead of all	Apr. 22	AN
CNH Industrial Names Gerrit Marx as New Chief Executive	Apr. 22	MT
Lists in green except Mib; banks good	Apr. 22	AN
Iveco Shares Fall After CEO Leaves for CNH Industrial	Apr. 22	DJ

Chart Iveco Group N.V.

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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 (74.4%): 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 (23%): transmission and axle systems, combustion engines, alternative propulsion systems (FPT Industrial brand), mainly for agricultural, construction and energy production equipment; - financial services (2.6%): particularly financing and leasing services. At the end of 2009, the group had 22 production sites worldwide. Net sales are distributed geographically as follows: Europe (76.4%), South America (8.9%), North America (2.1%) and other (12.6%).

Sector

Heavy Machinery & Vehicles

Calendar

2024-07-24 - Q2 2024 Earnings Release

Related indices

FTSE MIB INDEX

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Ratings for Iveco Group N.V.

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ESG Refinitiv

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Analysts' Consensus

Sell

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Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

11.74 EUR

Average target price

15.66 EUR

Spread / Average Target

+33.33%

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Company calendar

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Other Heavy Machinery & Vehicles

Iveco Group N.V.

Equities

IVG

NL0015000LU4

Heavy Machinery & Vehicles

Iveco, Tanzi leave CFO role "for another industry sector"

Stocks mentioned in the article

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