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Iveco Shares Slump After Cash Outflow Disappoints

By MarketWatch   |   Jul 24, 2024 at 04:36 AM EST
Iveco Shares Slump After Cash Outflow Disappoints

Iveco Group's shares fell 11% as they reported negative free cash flow for industrial activities in the second quarter. The company faced challenges due to extra work for a new truck model launch, resulting in a loss of 98 million euros.

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