Iveco : Q3 results in line, no upturn in book-to-bill
>Q3 results in line with expectations, 2024 scenario confirmed - Iveco’s Q3 results, release yesterday before trading, came broadly in line with expectations. Revenues came to € 3.45bn, -7% y-o-y and -12% q-o-q (beating the consensus of € 3.37bn, ODDO BHF at € 3.27bn), with momentum in the Bus and Defence segments offsetting declines in Trucks and Powertrain. Adjusted EBIT reached € 206m, -8% y-o-y and -30% q-o-q (seasonal effects), bringing the margin to 6.0%, i.e. f...
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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