Iveco Group reported first-quarter operating profit up 38 percent, with improved margins in all of its business segments.Adjusted Ebit from industrial activities rose to 201 million euros, beating consensus expectations of 161 million.The company, which confirmed the full-year forecast provided in March when it presented its business plan to 2028, reported negative free cash flow from industrial activities of 436 million, although an improvement over the previous year.

(Claudia Cristoferi, editing Andrea Mandalà)