Iveco reports 28 percent drop in annual profit ahead of Tata Motors acquisition

The Italian truck maker reported a 645 million euro adjusted profit today amid weak demand. This decline comes as the firm prepares for the Tata takeover.

Insights:
Iveco announced on Thursday, February 12, 2026, that its full-year adjusted operating profit fell by 28% to €645 million, down from €892 million in the prior year. This financial report was released ahead of the group's planned acquisition by Tata Motors Limited . The timing of the announcement is significant as the material decline in profit affects the company's financial position during the transition to new ownership.
The company, which maintains major operations in Italy ITIT, attributed the profit drop to a combination of external market conditions and internal production issues. Specifically, Iveco pointed to weaker demand within the European truck market as a primary factor. Additionally, the manufacturer cited delays at Iveco's bus plant in France FRFR as a major contributor to the reduced earnings.
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