Iveco Group NV (IT:IVG) has released an update.
Iveco Group reported strong financial performance in the third quarter of 2024, driven by better pricing and cost management. Despite a decrease in European commercial vehicle deliveries, the company saw significant growth in the Latin American market and plans to maintain this momentum with new product launches and a focus on efficiency. The bus segment showed increased revenues and deliveries, especially in South America, contributing to an overall positive outlook for the remainder of the year.
For further insights into IT:IVG stock, check out TipRanks’ Stock Analysis page.
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