Whalesbook
Deal Timeline Tayar, Q1 Losses Ke Baad Bhi Aas
Tata Motors dwara Iveco Group di proposed acquisition Q3 2026 de teesre quarter tak poori hon di sambhavna hai, kyuki zyadatar zaroori regulatory approvals mil chukian han. Halan ke Iveco Group ne 2026 de pehle quarter (Q1) vich mushkil hali karan da samna karan da report kita hai, jisme €109 million da consolidated EBIT loss hoya, par deal di timeline vich koi badlav nahi aya. Company ne pichle saal Q1 2025 de €54 million de profit ton ik wadda badlav vekhya hai. Adjusted EBIT vi €55 million de loss vich chala gaya, jadon ke ik saal pehlan €117 million da profit si. Eh nuksan mukammal taur te product quality sudharan layi strategic faisley ate 2025 de adhoore city buses di rework costs karan hoya hai.
Stable Revenues Ate Electric Buses Chhye
Halan ke operatinal dabav vadhe han, par consolidated net revenues lagbhag stable rahi, thoda vad ke €2.83 billion ho gai (€2.81 billion ton). Istrahe bus volumes vich vadh da asar dikh reha hai. Iveco BUS ne European electric bus market vich pehla sthan hasil kita hai ate Europe vich lagbhag 23% market share nal dooja sthan banaye rakheya hai. Pichle quarter vich European electric bus deliveries vich 26% da vadh ate South America vich 97% di tez jaroori rahi.
Defense Sale Ton Dividend, Par Trucks Pichhe
Is doran, Iveco ne apna defense business Leonardo SpA nu lagbhag €1.6 billion vich vach dita hai, jis ton April vich €1.55 billion da extraordinary interim dividend vitaria gaya si. Ise de baraks, truck division vich kamzori dikhi. Truck revenue 7.8% ghat kar €1.81 billion ho gaya. South America vich kam volumes ate sales mix karan truck market vich 18% di ghiravat ne dukhan diti, jis nal truck division da adjusted EBIT €71 million de loss vich chala gaya, ate adjusted EBIT margin -3.9% rahi.
Bhavishya Vich Risks Ate Analyst Di Rai
Aage chaldeyan, quality investments dian lagatar lagat, South America vich market di kamzori ate dividend payout jehe mukh risk bane hue han. Analyst di rai Santulit hai, par kuj analyst, jive ke Morgan Stanley, 'Sell' rating banaye rakheya hai. Company da focus quality sudharan, electric mobility ate core segments vich sudhar te hai jo usdi valuation nu majbooti devega.