REFILE-UPDATE 2-German truckmaker Traton posts profit rise on higher prices Adds missing full stop in final line By Louis van Boxel-Woolf and Eva Orsolya Papp July 26 (Reuters) - German truckmaker Traton 8TRA.DE , majority-owned by Volkswagen VOWG_p.DE , on Friday posted a 7% rise in first-half operating profit buoyed by higher prices, even as demand remained lacklustre in Europe.

German truckmaker Traton's profit rises due to higher prices By Louis van Boxel-Woolf and Eva Orsolya Papp July 26 (Reuters) - German truckmaker Traton 8TRA.DE on Friday posted a 7% rise in operating profit in the first half of 2024 compared to the same period last year driven by higher prices, even as demand remained lacklustre in Europe. Operating profit of 2.1 billion euros ($2.28 billion) was helped by sales revenue increasing 2% to reach 23.4 billion euros, even as unit sales fell 5% year-o

UPDATE 3-Iveco shares tumble as cash burn topped 500 mln euros in first half Industrial cash flow negative 98 mln euros in Q2 Adj. industrial EBIT down 4% in Q2 to 264 mln euros Margin on adj. industrial EBIT up 10 bps to 6.9% Retops after analyst call TURIN, Italy, July 24 (Reuters) - Iveco Group IVG.MI shares fell more than 15 % on Wednesday as the Italian truck and bus maker reported a total cash burn of over half a billion euros in the first half, making it challenging for it to meet its ful

Italy's Iveco says operating profit fell in Q2, cash flow negative TURIN, Italy, July 24 (Reuters) - Italian truck and bus maker Iveco Group IVG.MI on Wednesday said its operating profit fell 4% in the second quarter of the year due to lower volumes and adverse forex impact and that it burnt cash in the period. The manufacturer said its adjusted earnings before interest and tax (EBIT) from industrial activities amounted to 264 million euros ($286 million) in the April-June period, slightly toppi

US business equipment borrowings fall 4% in June, ELFA says July 23 (Reuters) - U.S. companies borrowed 4% less to finance equipment investments in June than a year ago, industry body Equipment Leasing and Finance Association (ELFA) said on Tuesday. New loans, leases and lines of credit signed up by companies in June were down 2% from $10.20 billion a month ago.