Iveco : Recovery more rapid than anticipated, but the hardest part is yet to come

>Q2 well above forecasts and 2023 guidance raised - Yesterday morning, Iveco published robust Q2 2023 results that came in well above expectations. The group continues to benefit, like peers, from supply chain improvements which have allowed it to accelerate the delivery of its backlog. In light of this good release, the group has raised its guidance for the full year, but we think that it is still conservative given the H1 performance and what should still be solid m...