Italy's Iveco Group raises FY guidance again after strong Q3
© Reuters. FILE PHOTO: The logo of Iveco Group is seen outside the Milan Bourse on the day truckmaker Iveco Group starts trading there, in Milan, Italy, January 3, 2022. REUTERS/Daniele Mascolo/File PhotoMILAN - Italian truck and bus maker Iveco Group on Wednesday raised its 2023 guidance for the third time this year, after it posted a rise in third-quarter operating profit thanks to a strong pricing power.
In the third quarter, Iveco's adjusted EBIT from industrial activities almost tripled to 180 million euros, slightly topping a company-provided analysts' consensus of 164 million euros.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Italy drafts plan for direct election of prime ministerItalian Prime Minister Giorgia Meloni and top ministers on Monday backed a constitutional reform proposal introducing the direct election of the prime minister, in an effort to end the country's chronic political instability.
Read more »
10 Assassin's Creed Locations Compared To Real-World Egypt & ItalyAssassin's Creed has no shortage of incredible renditions of landmarks, and these photos show just how accurate a couple of past games were.
Read more »
Italy's economy stagnates in Q3, but inflation slows sharplyItaly's economy stagnates in Q3, but inflation slows sharply
Read more »
Lake Como bursts its banks as violent storm pounds Northern ItalyA strong weather system has brought heavy rain and violent winds to Northern Italy, flooding parts of central Milan and causing Lake Como to breach its banks.
Read more »
Italy wants more public debt in domestic handsItaly wants more public debt in domestic hands - econ minister
Read more »