May 7 (Reuters) - Italian truckmaker Iveco, set to be acquired by India's Tata Motors, said on Thursday its adjusted net result swung to a loss of 74 million euros ($87 million) in the first quarter, from a profit of 60 million euros a year ago.
Iveco also said that Tata Motors' tender offer was expected to close by the third quarter of 2026, and not in the second quarter as previously estimated.
o The negative results follow the sale of Iveco's defence unit to Italy's Leonardo, which was finalised in March
o Q1 adjusted operating loss from industrial activities was 90 million euros, compared to a profit of 82 million euros in 2025
o Net revenue from industrial activities amounted to 2.8 billion euros in the quarter
($1 = 0.8510 euros)
(Reporting by Anna Uras in Gdansk, editing by Milla Nissi-Prussak)
