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Italy's Iveco Group sees 20% revenue growth to 2028, eyes partnerships

UPDATE 2-Iveco bets on partnerships as it guides for 20% revenue growth to 2028 Announces new collaborations in heavy-duty trucks Sees industrial revenues at 19 bln euros in 2028 Margin on industrial EBIT seen at 7-8% in 2028 Recasts with details from presentation, context, changes headline TURIN, Italy, March 14 (Reuters) - Italy's Iveco Group IVG.MI plans to focus on new and deeper partnerships for future growth, the bus and truck maker said on Thursday, as it unveiled a new five-year business
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Italy - Factors to watch on March 14

Italy - Factors to watch on March 14 The following factors could affect Italian markets on Thursday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on IT/DIA . DEBT The gap between Italian and German yields hit a 26-month low on Wednesday, touching 120 basis points (bps).
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Italy's Iveco Group to sell fire trucks unit to German fund Mutares

Italy's Iveco Group to sell fire trucks unit to German fund Mutares March 13 (Reuters) - Italian truck and bus maker Iveco Group IVG.MI said on Wednesday that it will sell its unit that produces firefighting vehicles to German private equity fund Mutares MUXG.DE . As a result of the transaction, the deal value for which was not disclosed, Iveco's 2024 results will be negatively impacted by about 115 million euros ($125.9 million) in the first quarter, according to the company.
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Italy - Factors to watch on March 1

Italy - Factors to watch on March 1 The following factors could affect Italian markets on Friday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on IT/DIA . POLITICS Italian Prime Minister Giorgia Meloni meets U.S. President Joe Biden ( 1800 GMT ); followed by news conference.
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Iveco gains as BofA upgrades on attractive valuation

BUZZ-Iveco gains as BofA upgrades on attractive valuation ** Shares in Italy's truck and bus maker Iveco IVG.MI rise as much as 5.6% after brokerage Bank of America (BofA) upgraded stock to "buy" from "neutral" ** "The track record that management has started to develop gives us greater confidence on 2024 targets," BofA says ** The brokerage also r
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