EXM

At its Capital Markets Day, Iveco Group updated its guidance for 2024 and presented the financial targets for the duration of the Plan

Retrieved on: 
金曜日, 3月 15, 2024

Iveco Group monitors its operations through the use of several non-EU-IFRS financial measures.

Key Points: 
  • Iveco Group monitors its operations through the use of several non-EU-IFRS financial measures.
  • Iveco Group’s management believes that these non-EU-IFRS financial measures provide useful and relevant information regarding its operating results and targets and enhance the readers’ ability to assess Iveco Group’s financial performance and financial position.
  • Iveco Group’s non-EU-IFRS financial measures are defined as follows:
    Adjusted EBIT: is defined as EBIT before restructuring costs and non-recurring items.
  • Iveco Group employs more than 36,000 people around the world and has 20 industrial sites and 29 R&D centres.

Hyundai Motor and Iveco Group expand their partnership to explore synergies for electric heavy-duty trucks in the European markets

Retrieved on: 
木曜日, 3月 14, 2024

Hyundai Motor Company and Iveco Group (EXM: IVG) are strengthening their partnership to drive innovation in the commercial vehicle sector.

Key Points: 
  • Hyundai Motor Company and Iveco Group (EXM: IVG) are strengthening their partnership to drive innovation in the commercial vehicle sector.
  • Today the two companies signed a Letter of Intent (LOI), reinforcing their partnership with a facing view towards electric heavy-duty truck solutions, including both battery electric trucks and fuel cell electric trucks, for European markets.
  • Since initiating their partnership in March 2022, Hyundai Motor and Iveco Group have achieved a series of significant milestones.
  • Notably, in September 2022, they unveiled the first IVECO eDaily Fuel Cell Electric Vehicle at the IAA Transportation event in Hanover.

  Ford Trucks and IVECO sign Memorandum of Understanding to examine potential synergies

Retrieved on: 
木曜日, 3月 14, 2024

Ford Trucks, the heavy commercial brand of Ford Otosan, and IVECO, the brand of Iveco Group N.V. (EXM: IVG) that designs, manufactures and markets light, medium and heavy commercial vehicles, have signed a non-binding Memorandum of Understanding (MoU) to explore a potential collaboration on development of a new cabin for heavy-duty commercial vehicles.

Key Points: 
  • Ford Trucks, the heavy commercial brand of Ford Otosan, and IVECO, the brand of Iveco Group N.V. (EXM: IVG) that designs, manufactures and markets light, medium and heavy commercial vehicles, have signed a non-binding Memorandum of Understanding (MoU) to explore a potential collaboration on development of a new cabin for heavy-duty commercial vehicles.
  • Present during the signing were Gerrit Marx, CEO of Iveco Group; Luca Sra, President of the Truck Business Unit at Iveco Group; Haydar Yenigün, President of Koç Holding Automotive Group; Güven Özyurt, General Manager of Ford Otosan and Emrah Duman, Vice President of Ford Trucks.
  • Further information is available on the Company’s website www.ivecogroup.com
    Ford Otosan was founded in 1959, Ford Otosan (Ford Otomotiv Sanayi A.Ş.)
  • Ford Otosan's heavy commercial vehicle brand, Ford Trucks, with over 60 years of history in local and global markets, is shaping the future with its engineering and technological power.

Iveco Group announces an agreement with Mutares to transfer the ownership of MAGIR

Retrieved on: 
水曜日, 3月 13, 2024

Iveco Group (EXM: IVG) and Mutares SE & Co. KGaA (ISIN: DE000A2NB650), an investment holding focused on special situations transactions, announced today the signing of a definitive agreement for the transfer of ownership of Magirus GmbH and its affiliates performing firefighting business (“MAGIRUS”).

Key Points: 
  • Iveco Group (EXM: IVG) and Mutares SE & Co. KGaA (ISIN: DE000A2NB650), an investment holding focused on special situations transactions, announced today the signing of a definitive agreement for the transfer of ownership of Magirus GmbH and its affiliates performing firefighting business (“MAGIRUS”).
  • In 2023, MAGIRUS represented approximately 2% of Iveco Group revenues and recorded an Adjusted EBIT loss of €35 million.
  • As a result of this transaction, Iveco Group 2024 results will be negatively impacted by approximately €115 million in the first quarter of 2024.
  • Iveco Group employs more than 35,000 people around the world and has 20 industrial sites and 29 R&D centres.

Iveco Group announces its Capital Markets Day to be held 14th March 202

Retrieved on: 
火曜日, 3月 12, 2024

Iveco Group N.V. (EXM: IVG) announced today that there will be an Iveco Group Capital Markets Day on Thursday, 14th March 2024.

Key Points: 
  • Iveco Group N.V. (EXM: IVG) announced today that there will be an Iveco Group Capital Markets Day on Thursday, 14th March 2024.
  • A live streaming of the Iveco Group Capital Markets Day will begin at 1:30 p.m. CET / 12:30 p.m. GMT / 8:30 a.m. EST on Thursday, 14th March 2024.
  • Iveco Group N.V. (EXM: IVG) is the home of unique people and brands that power your business and mission to advance a more sustainable society.
  • Iveco Group employs more than 35,000 people around the world and has 20 industrial sites and 29 R&D centres.

Reply introduces LoopMind, the solution for monitoring and securing operations with Generative AI

Retrieved on: 
木曜日, 4月 4, 2024

Reply introduces LoopMind , the solution designed to ensure monitoring, security, and compliance in processes that utilise artificial intelligence.

Key Points: 
  • Reply introduces LoopMind , the solution designed to ensure monitoring, security, and compliance in processes that utilise artificial intelligence.
  • With its monitoring capabilities, LoopMind provides operators with full visibility into workflows and automated operations using AI, in compliance with the standards established by the European AI Act.
  • View the full release here: https://www.businesswire.com/news/home/20240404536264/en/
    LoopMind is the solution developed by Sprint Reply to ensure control, security and compliance in the use of Generative AI within business processes.
  • Thanks to advanced monitoring features, which use generative AI models, it offers operators complete visibility on workflows and automated operations thanks to AI, supporting compliance with the standards established by the European AI Act.

Reply Recognised as Leader in the PAC Innovation RADAR for Adobe Services in Europe

Retrieved on: 
水曜日, 4月 3, 2024

In the recently published PAC Innovation RADAR "Adobe Services in Europe 2024", an industry study by the independent market research and consulting company PAC (Pierre Audoin Consultants), Reply is classified as a leading Adobe service provider, receiving the highest "Best in Class" award across Retail, Manufacturing and Financial Services sectors.

Key Points: 
  • In the recently published PAC Innovation RADAR "Adobe Services in Europe 2024", an industry study by the independent market research and consulting company PAC (Pierre Audoin Consultants), Reply is classified as a leading Adobe service provider, receiving the highest "Best in Class" award across Retail, Manufacturing and Financial Services sectors.
  • The PAC Innovation RADAR evaluates up to 30 international IT service providers of Adobe-related services in the European Market.
  • In the report, PAC recognised Reply as "Best in Class" in three different industries - Retail, Manufacturing and Financial Services - for its outstanding expertise and market strength.
  • Reply, thanks to its companies specialised on Adobe technologies Comwrap Reply , Like Reply , Open Reply , Sagepath Reply and Up Reply , is able to guarantee coverage across the entire Adobe offering: digital content, e-commerce platforms, digital asset management, personalization, marketing automation and more.

Logistics Reply: AI-powered assistant LEApedia wins 'Best Product LogiMAT 2024' Award

Retrieved on: 
金曜日, 3月 22, 2024

LEApedia , an AI-based assistant for warehouse management systems (WMS), won the coveted "Best Product LogiMAT 2024" award in the "Software, Communication & IT" category at the opening ceremony of LogiMAT 2024.

Key Points: 
  • LEApedia , an AI-based assistant for warehouse management systems (WMS), won the coveted "Best Product LogiMAT 2024" award in the "Software, Communication & IT" category at the opening ceremony of LogiMAT 2024.
  • LEApedia facilitates the analysis of vast datasets, enabling the identification of patterns and insights that were previously unattainable.
  • LEApedia, which helps to improve logistics management processes, stands at the forefront of warehouse management system (WMS) innovation powered by an advanced multi-agent AI engine.
  • At its core, LEApedia leverages a state-of-the-art Language Model, designed to interpret and respond to natural language queries and commands.

REPLY: The Board of Directors Approved the Draft Financial Statements for the Year 2023.

Retrieved on: 
水曜日, 3月 13, 2024

The Reply Group closed 2023 with a consolidated turnover of €2,118.0 million, an increase of 12.0% compared to €1.891.1 million in 2022.

Key Points: 
  • The Reply Group closed 2023 with a consolidated turnover of €2,118.0 million, an increase of 12.0% compared to €1.891.1 million in 2022.
  • As at 31 December 2023, the Group’s net financial position has been positive at €204.9 million (€70.6 million at 31 December 2022).
  • As at 30 September 2023, the net financial position was positive at €189.7 million.
  • In a short time, we will be living in a union of automation, artificial intelligence, digital interfaces and connected objects.

Ferrari N.V.: Periodic Report on the Buyback Program

Retrieved on: 
月曜日, 3月 11, 2024

Since the announcement of such Fourth Tranche till March 8, 2024, the total invested consideration has been:

Key Points: 
  • Since the announcement of such Fourth Tranche till March 8, 2024, the total invested consideration has been:
    USD 38,493,941.02 (Euro 35,358,621.09*) for No.
  • 103,376 common shares purchased on the NYSE.
  • 13,771,548 common shares equal to 5.36% of the total issued share capital including the common shares and the special voting shares, net of shares assigned under the Company’s equity incentive plan.
  • A comprehensive overview of the transactions carried out under the buyback program, as well as the details of the above transactions, are available on Ferrari’s corporate website under the Buyback Programs section ( https://www.ferrari.com/en-EN/corporate/buyback-programs ).