Iveco Group N.V.

BIT:IVG Stock Report

Market Cap: €3.7b

Iveco Group Management

Management criteria checks 4/4

Iveco Group's CEO is Olof Persson, appointed in Jul 2024, has a tenure of 1.83 years. total yearly compensation is €1.35M, comprised of 55.6% salary and 44.4% bonuses, including company stock and options. directly owns 0.011% of the company’s shares, worth €424.36K. The average tenure of the management team and the board of directors is 2.1 years and 4.3 years respectively.

Key information

Olof Persson

Chief executive officer

€1.3m

Total compensation

CEO salary percentage55.59%
CEO tenure1.8yrs
CEO ownership0.01%
Management average tenure2.1yrs
Board average tenure4.3yrs

Recent management updates

Recent updates

Narrative Update May 03

IVG: Expanded Microvast Partnership Will Support Future Electrified Fleet Momentum

Analysts have trimmed their fair value estimate for Iveco Group from about €19.88 to roughly €19.03 as updated assumptions point to a different balance of discount rate, revenue growth, profit margin, and future P/E expectations. What's in the News Iveco Group and Microvast reaffirm and expand their partnership on electric battery solutions in Europe, continuing a relationship that started in 2017 and focusing on supporting the shift toward electrified commercial fleets (Key Developments).
Narrative Update Apr 19

IVG: Battery Partnership And Defence Demerger Will Shape A Balanced Outlook

Analysts have nudged their price target for Iveco Group slightly higher to €19.90 from €19.85, reflecting updated assumptions around revenue, profit margin and future P/E that are only marginally different from prior estimates. What's in the News Iveco Group and Microvast reaffirm and expand their long running partnership, focusing on electric battery solutions that support the shift toward electrified commercial vehicle fleets across Europe (Key Developments).
Narrative Update Apr 04

IVG: Battery Alliance And Autonomous Trials Will Shape A Measured Outlook

Analysts have kept their average price target for Iveco Group steady at about €19.85, with only marginal tweaks to inputs such as discount rate, revenue growth, profit margin and future P/E assumptions to reflect updated views on the company’s risk and earnings profile. What's in the News Iveco Group and Microvast reaffirm and expand their long-running battery partnership in Europe, with Gen 2 MV-I packs assembled at the FPT ePowertrain plant in Turin now used across the full IVECO BUS platform and the IVECO S-eWay Rigid heavy duty truck platform, and further battery generations under development for commercial vehicles in Europe (Key Developments).
Narrative Update Mar 21

IVG: Battery Partnerships And Autonomous Trials Will Shape A Balanced Medium Term Outlook

Analysts have nudged their price target for Iveco Group slightly lower from €19.90 to €19.85, citing updated assumptions on discount rates, revenue growth, profit margins and future P/E multiples. What's in the News Iveco Group and Microvast Holdings reaffirm and expand their long-running partnership on electric battery systems in Europe, with current MV-I Gen 2 packs assembled in Europe and used across the IVECO BUS platform and the IVECO S-eWay Rigid heavy duty truck platform (Key Developments).
Narrative Update Mar 05

IVG: Autonomous Truck Trials And Fair Valuation Will Shape Medium Term Outlook

Analysts have raised their price target for Iveco Group from €13.53 to €19.90, citing updated assumptions on revenue growth, discount rate, profit margin, and future P/E that, in their view, better reflect the company’s current outlook. What's in the News Special/Extraordinary shareholders meeting scheduled for March 25, 2026, in Amsterdam, Netherlands, giving investors a formal event to watch for potential corporate decisions or updates (company event) PlusAI and Iveco Group plan to launch the first deployment of IVECO heavy-duty trucks equipped with Level 4 Autonomous Driving Systems in Southern Europe, in partnership with Spanish logistics operators and the Government of Aragon (company announcement) Two IVECO S Way heavy-duty trucks are set to be integrated with PlusAI's SuperDrive virtual driver, with multi year testing from 2026 on freight routes between Madrid and Zaragoza, around 300 km, with a safety operator on board throughout the trial (company announcement) The Level 4 autonomous truck program builds on years of joint research and testing between PlusAI and Iveco Group, including prior Level 2+ and Level 4 programs, indicating continuity in their autonomous driving work (company announcement) PlusAI plans to become a publicly traded company through a business combination with Churchill Capital Corp.
Analysis Article Jul 24

Iveco Group N.V. (BIT:IVG) Stock Catapults 27% Though Its Price And Business Still Lag The Market

Iveco Group N.V. ( BIT:IVG ) shares have continued their recent momentum with a 27% gain in the last month alone...
Analysis Article Jul 16

Calculating The Intrinsic Value Of Iveco Group N.V. (BIT:IVG)

Key Insights Iveco Group's estimated fair value is €16.18 based on 2 Stage Free Cash Flow to Equity Current share price...
Analysis Article Jul 03

Is Iveco Group (BIT:IVG) Using Too Much Debt?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article May 24

Iveco Group (BIT:IVG) Strong Profits May Be Masking Some Underlying Issues

Iveco Group N.V.'s ( BIT:IVG ) healthy profit numbers didn't contain any surprises for investors. We believe that...
Analysis Article May 12

Iveco Group N.V.'s (BIT:IVG) Prospects Need A Boost To Lift Shares

With a price-to-earnings (or "P/E") ratio of 7.2x Iveco Group N.V. ( BIT:IVG ) may be sending very bullish signals at...
Analysis Article Apr 29

Iveco Group's (BIT:IVG) Returns Have Hit A Wall

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article Apr 14

Iveco Group (BIT:IVG) Will Pay A Larger Dividend Than Last Year At €0.33

The board of Iveco Group N.V. ( BIT:IVG ) has announced that it will be paying its dividend of €0.33 on the 24th of...
Analysis Article Apr 01

Why Iveco Group N.V. (BIT:IVG) Could Be Worth Watching

Iveco Group N.V. ( BIT:IVG ), might not be a large cap stock, but it received a lot of attention from a substantial...
Analysis Article Mar 08

Is Iveco Group (BIT:IVG) A Risky Investment?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Analysis Article Feb 24

Here's Why We Think Iveco Group (BIT:IVG) Might Deserve Your Attention Today

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article Feb 11

Iveco Group's (BIT:IVG) Dividend Will Be Increased To €0.33

The board of Iveco Group N.V. ( BIT:IVG ) has announced that it will be paying its dividend of €0.33 on the 24th of...
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New Narrative Feb 09

Electric Bus Leadership And 2024 Truck Models Will Drive Company's Future Success

Transition to new Truck and electric Bus models boosts order intake and positions Iveco as a European market leader, enhancing revenues and margins.
Analysis Article Jan 30

Market Might Still Lack Some Conviction On Iveco Group N.V. (BIT:IVG) Even After 26% Share Price Boost

Iveco Group N.V. ( BIT:IVG ) shareholders have had their patience rewarded with a 26% share price jump in the last...
Analysis Article Jan 20

An Intrinsic Calculation For Iveco Group N.V. (BIT:IVG) Suggests It's 23% Undervalued

Key Insights Using the 2 Stage Free Cash Flow to Equity, Iveco Group fair value estimate is €13.40 Iveco Group is...
Analysis Article Jan 05

Iveco Group (BIT:IVG) Shareholders Will Want The ROCE Trajectory To Continue

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Typically, we'll want to...
Analysis Article Dec 22

When Should You Buy Iveco Group N.V. (BIT:IVG)?

Iveco Group N.V. ( BIT:IVG ), is not the largest company out there, but it saw significant share price movement during...
Analysis Article Nov 29

Iveco Group N.V.'s (BIT:IVG) Shares Not Telling The Full Story

Iveco Group N.V.'s ( BIT:IVG ) price-to-earnings (or "P/E") ratio of 10.8x might make it look like a buy right now...
Analysis Article Nov 14

We Think You Can Look Beyond Iveco Group's (BIT:IVG) Lackluster Earnings

The market was pleased with the recent earnings report from Iveco Group N.V. ( BIT:IVG ), despite the profit numbers...
Analysis Article Nov 10

Iveco Group N.V. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

The quarterly results for Iveco Group N.V. ( BIT:IVG ) were released last week, making it a good time to revisit its...
Analysis Article Sep 28

Are Investors Undervaluing Iveco Group N.V. (BIT:IVG) By 42%?

Key Insights Using the 2 Stage Free Cash Flow to Equity, Iveco Group fair value estimate is €16.08 Iveco Group is...
Analysis Article Sep 08

There's Been No Shortage Of Growth Recently For Iveco Group's (BIT:IVG) Returns On Capital

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article Aug 25

Is Iveco Group N.V. (BIT:IVG) Potentially Undervalued?

Iveco Group N.V. ( BIT:IVG ), might not be a large cap stock, but it saw a double-digit share price rise of over 10% in...
Analysis Article Aug 12

These 4 Measures Indicate That Iveco Group (BIT:IVG) Is Using Debt Extensively

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Jul 29

Revenue Beat: Iveco Group N.V. Exceeded Revenue Forecasts By 31% And Analysts Are Updating Their Estimates

As you might know, Iveco Group N.V. ( BIT:IVG ) just kicked off its latest half-yearly results with some very strong...
Analysis Article Jun 27

Not Many Are Piling Into Iveco Group N.V. (BIT:IVG) Just Yet

It's not a stretch to say that Iveco Group N.V.'s ( BIT:IVG ) price-to-earnings (or "P/E") ratio of 12.5x right now...
Analysis Article May 27

The Return Trends At Iveco Group (BIT:IVG) Look Promising

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article May 03

Iveco Group N.V.'s (BIT:IVG) Intrinsic Value Is Potentially 31% Above Its Share Price

Key Insights Iveco Group's estimated fair value is €15.33 based on 2 Stage Free Cash Flow to Equity Iveco Group is...
Analysis Article Apr 18

Is Now The Time To Look At Buying Iveco Group N.V. (BIT:IVG)?

While Iveco Group N.V. ( BIT:IVG ) might not have the largest market cap around , it led the BIT gainers with a...
Analysis Article Apr 05

Iveco Group (BIT:IVG) Takes On Some Risk With Its Use Of Debt

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Mar 22

Market Participants Recognise Iveco Group N.V.'s (BIT:IVG) Earnings Pushing Shares 31% Higher

Iveco Group N.V. ( BIT:IVG ) shares have continued their recent momentum with a 31% gain in the last month alone...
Analysis Article Mar 20

If EPS Growth Is Important To You, Iveco Group (BIT:IVG) Presents An Opportunity

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article Feb 16

We Think Iveco Group's (BIT:IVG) Profit Is Only A Baseline For What They Can Achieve

Iveco Group N.V. ( BIT:IVG ) recently posted some strong earnings, and the market responded positively. We did some...

CEO Compensation Analysis

How has Olof Persson's remuneration changed compared to Iveco Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

€103m

Dec 31 2025€1m€750k

€234m

Sep 30 2025n/an/a

€270m

Jun 30 2025n/an/a

€346m

Mar 31 2025n/an/a

€358m

Dec 31 2024€1m€375k

€486m

Sep 30 2024n/an/a

€346m

Jun 30 2024n/an/a

€352m

Mar 31 2024n/an/a

€375m

Dec 31 2023€150kn/a

€252m

Sep 30 2023n/an/a

€368m

Jun 30 2023n/an/a

€315m

Mar 31 2023n/an/a

€183m

Dec 31 2022€155kn/a

€147m

Compensation vs Market: Olof's total compensation ($USD1.57M) is below average for companies of similar size in the Italian market ($USD3.49M).

Compensation vs Earnings: Olof's compensation has been consistent with company performance over the past year.


CEO

Olof Persson (61 yo)

1.8yrs
Tenure
€1,349,133
Compensation

Mr. Olof Persson serves as Group Chief Executive Officer and Executive Director at Iveco Group N.V. since July 1, 2024. He served as Independent Non-Executive Director of Iveco Group N.V. since January 01,...


Leadership Team

NamePositionTenureCompensationOwnership
Suzanne Heywood
Chairperson4.3yrs€2.68m0.11%
€ 3.9m
Olof Persson
Group CEO & Executive Director1.8yrs€1.35m0.011%
€ 424.4k
Anna Tanganelli
Chief Financial & Information Technology Officer2.4yrsno datano data
Domenico Nucera
Chief Quality & Operations Officer1.3yrsno datano data
Marco Liccardo
Chief Technology & Digital Officerno datano datano data
Federico Donati
Head of Investor Relationsno datano datano data
Gabriella Porcelli
Chief Legal & Compliance Officer and Head of Corporate Governance4.3yrsno datano data
Francesco Polsinelli
Chief Communications Officerno datano datano data
Veronica Quercia
Chief Human Resources Officer1.8yrsno datano data
Luca Sra
President of Truck Business Unitno datano datano data
Sylvain Blaise
President of Powertrain Business Unit4.6yrsno datano data
Simone Olivati
President of Financial Servicesno datano datano data
2.1yrs
Average Tenure
56yo
Average Age

Experienced Management: IVG's management team is considered experienced (2.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Suzanne Heywood
Chairperson4.3yrs€2.68m0.11%
€ 3.9m
Olof Persson
Group CEO & Executive Director4.3yrs€1.35m0.011%
€ 424.4k
Lorenzo Simonelli
Senior Independent Non-Executive Director??4.3yrs€149.70k0.013%
€ 492.6k
Linda Knoll
Independent Non-Executive Director4.3yrs€150.00k0.011%
€ 410.6k
Essimari Kairisto
Independent Non-Executive Director4.3yrs€140.00k0.0047%
€ 174.2k
Alessandro Nasi
Non-Executive Director4.3yrs€158.76k0.026%
€ 971.4k
Clara Fain
Non-Executive Director1.1yrs€93.50kno data
M. Erginbilgic
Independent Non-Executive Director4.3yrs€167.68k0.0051%
€ 189.4k
Judith Curran
Independent Non-Executive Director2.1yrs€141.90kno data
4.3yrs
Average Tenure
60yo
Average Age

Experienced Board: IVG's board of directors are considered experienced (4.3 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/25 11:03
End of Day Share Price 2026/05/25 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Iveco Group N.V. is covered by 13 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Alexander JonesBofA Global Research
Nicolai KempfDeutsche Bank
Luigi De BellisEquita SIM S.p.A.