Iveco will invest over 5.5 billion euros from 2024 to 2028 to remain at the forefront of an innovation trajectory that is evolving very quickly.
The group announces the new strategic plan today, during the Capital Markets Day which is held in Turin.
The decision to hold a Capital Markets Day two years after the first Investor Day in November 2021 is motivated by the group's recent results: at the end of 2023 Iveco Group had already achieved the objectives set for 2026, or was ahead of the trajectory for their achievement.
The key targets for the industrial activities of the Iveco group by 2028 include net revenues of approximately 19 billion euros, adjusted Ebit margin between 7 and 8%, free cash flow of approximately 0.9 billion euros.
At a consolidated level, a net result of approximately 0.9 billion euros and a diluted earnings per share of more than 3 euros per share are expected.
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