OTCM
IVCGF
Market cap4.21bUSD
Jul 09, Last price
16.01USD
1D
1.29%
1Q
-28.84%
IPO
30.67%
Name
Iveco Group NV
Chart & Performance
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Profile
Iveco Group N.V., established in 2021 and headquartered in Turin, Italy, is an international entity deeply involved in the entire lifecycle of transportation solutions. This encompasses the engineering, manufacturing, marketing, distribution, servicing, and financial support for a range of products, including trucks, commercial vehicles, buses, and specialized vehicles designed for sectors like firefighting, defense, and other unique applications, serving both the Italian and global markets. The organization's operations are strategically structured into three core business units: Commercial and Specialty Vehicles, Powertrain, and Financial Services. Within its Commercial and Specialty Vehicles division, the company provides a diverse portfolio of transport solutions. This includes light, medium, and heavy-duty vehicles for goods transportation and distribution, marketed under the IVECO brand. For public transit, it offers city and commuter buses through its IVECO BUS and HEULIEZ BUS brands. Additionally, the segment covers robust quarry and mining machinery via IVECO ASTRA, firefighting apparatus under the Magirus brand, and specialized vehicles for civil defense and peacekeeping missions from Iveco Defence Vehicles. The Powertrain segment, operating under the FPT Industrial brand, is dedicated to the engineering, manufacturing, and distribution of propulsion systems. This includes internal combustion engines, advanced alternative propulsion technologies, transmission systems, and axles, all designed for diverse applications such as on-road, off-road, marine, and power generation. Finally, the Financial Services segment provides a comprehensive array of financial products and services to both its network of dealers and end-customers. This includes administering wholesale and retail financing solutions to assist customers in either purchasing or leasing new and used vehicles offered by the company's authorized dealers and distributors.
Valuation
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