Iveco Group Nv · MIL:IVG
Iveco Group Nv — Investor Day (March 2024)
18 slides from Iveco Group Nv's investor day presentation, Mar 14, 2024
Slide 1: Iveco Group Capital Markets Day, 14 March 2024
IVECO*GROUP CAPITAL MARKETS DAY —14'" MARCH 2024
Slide 2: Cautionary Statement
CAUTIONARY STATEMENT Statements other than statements of historical fact contained in these slides, including competitive strengths; business strategy; future financial position or operating results; budgets; projections with respect to revenue, income, earnings (or loss) per share, capital expendit
Slide 3: Group Pathway: Unlimited Pathways
GROUP PATHWAY UNLIMITED PATHWAYS
Slide 4: 2023 results by Business Unit
NUMBERS EXCLUDE MAGIRUS GROUP PATHWAY 2023 results by Business Unit Consolidated Revenues: €16.0bn Group Adj. EBIT: 6.1% POWERTRAIN BUS DEFENCE TRUCK FINANCIAL SERVICES Net Revenues: €4.3bn Net Revenues: €2.3bn Net Revenues: €1.0bn Net Revenues: €10.6bn Portfolio: €6.9bn Adj. EBIT: 5.9% Adj. EBIT: 4
Slide 5: Synergies across the Group
GROUP PATHWAY Synergies across the Group Technological Operational Shared vehicle platforms Joint talent pool Multi-Energy pathway to Zero-Emissions Procurement and manufacturing efficiency Hardware to Software transition Optimised cash management with Financial Services Vertical integration with Po
Slide 6: United by shared values
GROUP PATHWAY United by shared values 16
Slide 7: One passionate and united team
GROUP PATHWAY One passionate and united team ON STAGE TODAY GERRIT MARX CEO BUSINESS UNITS SYLVAIN DOMENICO CLAUDIO LUCA SIMONE THOMAS BLAISE NUCERA CATALANO SRA OLIVATI HILSE POWERTRAIN BUS DEFENCE TRUCK FINANCIAL FIRE FIGHTING SERVICES SUPPORT & INDUSTRIAL FUNCTIONS ANNA MARCO ANGEL R. ANGELA FRAN
Slide 8: Empowering unlimited pathways for each Business Unit by 2028
GROUP PATHWAY Empowering unlimited pathways for each Business Unit by 2028 POWERTRAIN BUS DEFENCE TRUCK FINANCIAL SERVICES Reach double-digit Lead European people Continue to innovate Maintain lead in LCV, Pioneer new margins and advance transport industry and on a solid advance MHDT margins service
Slide 9: Four Strategic Pillars
GROUP PATHWAY Accelerating into the future TECHNOLOGICAL FINANCIAL STRATEGIC SUSTAINABILITY INNOVATION DISCIPLINE PARTNERSHIPS LEADERSHIP FOUR STRATEGIC PILLARS 19
Slide 10: Our innovation journey
GROUP PATHWAY Our innovation journey ENERGY TRANSITION AI & SOFTWARE DEFINED VEHICLES AUTONOMOUS DRIVING Net zero carbon by 2040 500k+ connected vehicles by 2030 Beyond Level 2+ technologies Multi-propulsion approach for green >140k vehicles and >250k engines PlusDrive system on-board mobility (bio-
Slide 11: Extending DRIVE programme
NUMBERS EXCLUDE MAGIRUS GROUP PATHWAY Extending DRIVE programme Adj. Ebit Margin of Industrial Activities €1bn from renewed DRIVE programme (€bn, %) 2019A-2028E €0.4bn €0.6bn €0.6bn Volume & mix 5.4% Price €0.3bn 3.8% 2019A Operations, Volume, mix, R&D, 2023A Run-rate R&D, 2026E Run-rate R&D, 2028E
Slide 12: Partnering the 'Iveco Group Way'
GROUP PATHWAY Partnering the ‘Iveco Group Way’ 22
Slide 13: Accelerating progress by working with partners
GROUP PATHWAY Accelerating progress by working with partners Product technology, investments & know-how Partnership agreement to co-develop Amphibious Vehicles for U.S. Marine Corps New markets & business models Distribution agreement for electric chassis-cab and Light Professional Vehicle Joint exp
Slide 14: Our sustainability journey
GROUP PATHWAY Our sustainability journey Monitored KPIs Year End 2023 vs. 2021 Investor Day Targets Scope 1 & 2 absolute CO2 emissions in our plants (vs 2019) -20% -50% by 2030 Scope 3 CO2 emissions from use of sold vehicles per vehicle/km1 (vs 20222) -6% -38% by 2030 CARBON FOOTPRINT Absolute CO2 e
Slide 15: Setting more ambitious sustainability targets
GROUP PATHWAY Setting more ambitious sustainability targets CARBON FOOTPRINT WORKPLACE AND LIFE CYCLE THINKING INCLUSION AND ENGAGEMENT PRODUCT SAFETY Net Zero Carbon 30% by 2040 of office positions held by female office workers by 2028 100% 75% of total electricity consumption from Activities proce
Slide 16: Industrial Activities: key financial targets for 2028
NUMBERS EXCLUDE MAGIRUS GROUP PATHWAY NET REVENUES GROWTH UP TO 5% CAGR 2023-2028 INDUSTRIAL ACTIVITIES PROFITABILITY EXPANSION UP TO 3pp ADJ. EBIT MARGIN 2028 VS 2023 Key financial targets INDUSTRIAL FREE CASH FLOW >2X 2028 VS 2023 for 2028 IVECO GROUP EARNINGS PER SHARE >2X ADJ. DILUTED EPS 2028 V
Slide 17: Non-EU-IFRS Financial Measures
NON-EU-IFRS FINANCIAL MEASURES 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 enhance the readers’ a
Slide 18: Geographic Information
GEOGRAPHIC INFORMATION Financials - The composition of our regions is as follow: • Europe: member countries of the European Union, European Free Trade Association, the United Kingdom, Ukraine and Balkans. • South America: Central and South America, and the Caribbean Islands. • North America: United