Traton Se · XETR:8TRA
Traton — FY2021 Earnings Presentation
30 slides from Traton's earnings presentation, Mar 16, 2022
Slide 1: Annual media conference call for fiscal year 2021
Annual media conference call for fiscal year 2021 Christian Levin, CEO | Annette Danielski, CFO Munich, 3-16-2022
Slide 2: Disclaimer
Disclaimer This presentation has been prepared for information purposes only. It does not constitute or form part of any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for, any securities of Volkswagen AG, TRATON SE, or any company of the TRATON GROUP
Slide 3: Your presenters today
Annual media conference call for fiscal year 2021 YOUR PRESENTERS TODAY Christian Levin Annette Danielski Pietro Zollino Chief Executive Officer Chief Financial Officer Head of Group Communications 3-16-2022 Annual media conference call for fiscal year 2021 3
Slide 4: Agenda
Agenda 1. Core KPIs FY 2021 2. Going forward 3. Q&A 3-16-2022 Annual media conference call for fiscal year 2021 4
Slide 5: TRATON GROUP delivers good results in 2021
TRATON GROUP delivers good results in 2021 Limited comparison of figures due to Navistar consolidation KEY FACTS FY 2021 Incoming orders Unit sales up more than 60% to Business recovery continued, up more than 40% to 359,975 271,608 but supply chain management still challenging Combined investment €
Slide 6: TRATON GROUP Core KPIs
TRATON GROUP Core KPIS Limited comparison of figures due to Navistar consolidation Units FY 2021 FY 2020 Change Trucks and buses Incoming orders1 359,975 216,251 66% Unit sales 271,608 190,180 43% of which trucks2 230,549 156,371 47% of which buses 18,857 16,174 17% of which MAN TGE vans 22,202 17,6
Slide 7: Deep Dive Group Core KPIs
Deep Dive Group Core KPIS Limited comparison of figures due to Navistar consolidation Units FY 2021 FY 2020 Change TRATON Operations (€ million) Sales revenue 30,103 22,152 36% Adj. operating result 1,883 230 1,653 Adj. operating ROS 6.3 1.0 5.2 pp Capex 1,125 988 14% Primary R&D costs 1,462 1,154 2
Slide 8: Scania Vehicles & Services – Core KPIs
Scania Vehicles & Services – Core KPIS Units FY 2021 FY 2020 Change Trucks and buses Incoming orders 116,798 92,940 26% Unit sales 90,366 72,085 25% Financial KPIs (€ million) Sales revenue 13,927 11,521 21% Adj. operating result 1,412 802 611 Adj. operating ROS 10.1 7.0 3.2 pp 3-16-2022 Annual medi
Slide 9: MAN Truck & Bus – Core KPIs
MAN Truck & Bus – Core KPIS Units FY 2021 FY 2020 Change Trucks and buses Incoming orders 143,531 84,921 69% Unit sales 93,668 81,673 15% Financial KPIs (€ million) Sales revenue 10,934 9,659 13% Adj. operating result 249 –553 802 Adj. operating ROS 2.3 –5.7 8.0 pp 3-16-2022 Annual media conference
Slide 10: Volkswagen Caminhões e Ônibus – Core KPIs
Volkswagen Caminhões e Ônibus – Core KPIS Units FY 2021 FY 2020 Change Trucks and buses Incoming orders 57,241 38,805 48% Unit sales 57,405 36,974 55% Financial KPIs (€ million) Sales revenue 2,113 1,235 71% Operating result 171 –15 186 Operating ROS 8.1 –1.2 9.3 pp 3-16-2022 Annual media conference
Slide 11: Navistar Sales & Services – Core KPIs
Navistar Sales & Services – Core KPIS Units FY 20211 Trucks and buses Incoming orders2 42,588 Unit sales 30,305 Financial KPIs (€ million) Sales revenue 3,557 Operating result 41 Operating ROS 1.2 1) July 1, 2021, to December 31, 2021 2) Excluding Navistar Class 4/5 contract manufacturing for third
Slide 12: Truck market outlook – Uncertainties due to high geopolitical and economic risks
This outlook Truck market outlook –Uncertainties due to does not take into account the current high geopolitical and economic risks developments due to the war in Ukraine 400 320 k units, > 6t 352 300 320 Market expectations2 EU27+31 200 273 2022e 100 0 +0% – +10% 2010 2012 2014 2016 2018 2020 2022
Slide 13: TRATON outlook 2022 – Further recovery, but high geopolitical and economic risks
This outlook is subject to the TRATON outlook 2022 – Further recovery, further development of the war in Ukraine and in but high geopolitical and economic risks particular the impact on TRATON’s supply chains and the global economy as a whole FY 2020 FY 2021 FY 2022 Outlook1 190.2 k 271.6 k very sha
Slide 14: Agenda
Agenda 1. Core KPIs FY 2021 2. Going forward 3. Q&A 3-16-2022 Annual media conference call for fiscal year 2021 14
Slide 15: New strategy: TRATON Way Forward
New strategy: TRATON Way Forward Make responsible behavior a top priority in everything we do Decarbonization & Circularity Responsible People & Pluralism Company Governance & Ethics Execution Focus on sustainable Shape our role in value creation the future logistics for our stakeholders Value TRATO
Slide 16: Electrification continues to progress
Responsible company Electrification continues to progress Incoming orders and unit sales of fully electric vehicles, FY 2021 TRATON GROUP BEV product range UNITS INCOMING ORDERS UNIT SALES TRATON GROUP 1,717 1,076 Trucks 307 97 Scania trucks 171 42 MAN trucks 4 18 Scania electric truck MAN electric
Slide 17: TRATON boosts e-mobility investments
Responsible company TRATON boosts e-mobility investments Investment increase 2022 Investment increase 2021 €1.6 bn €2.6 bn €1.0 bn 2020 - 2025 2021 - 20261 3-16-2022 Annual media conference call for fiscal year 2021 1 incl. Navistar 17
Slide 18: No limits for e-mobility applications
Responsible company No limits for e-mobility applications E-MOBILITY Scania 64-ton electric MAN prepares Munich VWCO successful on the Safe and environmentally truck delivered to Wibax plant for electric future last mile with e-Delivery friendly electric CE series 3-16-2022 Annual media conference c
Slide 19: Modularization is key on our way to stronger profitability
Value creation Modularization is key on our way to stronger profitability Build up a TRATON Modular System TOOL BOX TRATON MODULAR SYSTEM We create standardized Group interfaces Within the Group: same need – identical solution Differentiate via balanced performance steps Enable profitable mass custo
Slide 20: Scania starts implementation of new Group engine
Value creation Scania starts implementation of new Group engine 8% No.1 One of the world’s most sustainable powertrains Long-haulage with a 13L common base engine (CBE) fuel savings1 ~60% of the entire truck costs are attributable to the drivetrain ~80% common components for the complete powertrain
Slide 21: Common base engine introduction
Value creation Common base engine introduction Powertrain package introduced Planned market introduction across brands Scania: winner of the prestigious “1000 Points” test with the CBE MAN: construction has started on CBE production site in Nuremberg/Germany Navistar: preparation of production in Hu
Slide 22: Achieving sustainable profitability of MAN is top priority
Value creation Achieving sustainable profitability of MAN is top priority OBJECTIVES AND ACHIEVEMENTS About 3,500 jobs cut in Germany ► Clear focus on sustainable profitability of MAN Truck & Bus ► Profitability as basis for investments in future technologies Restructuring of the production and deve
Slide 23: New management transforming MAN
Value creation New management transforming MAN MAN TRUCK & BUS MANAGEMENT Alexander Vlaskamp1 Inka Koljonen1 Michael Kobriger Chief Executive Officer Chief Financial Officer Production & Logistics Friedrich Baumann1 Arne Puls1 Dr. Frederik Zohm Sales & Customer Solutions Chief Personnel Officer & La
Slide 24: Navistar fully in line with TRATON e-mobility strategy
Value creation Navistar fully in line with TRATON e-mobility strategy NAVISTAR E-MOBILITY More than More than 100 order backlog for IC Bus CE Series 20 order backlog for eMV 3-16-2022 Annual media conference call for fiscal year 2021 24
Slide 25: San Antonio plant is a benchmark manufacturing facility for Navistar
Value creation San Antonio plant is a benchmark manufacturing facility for Navistar SAN ANTONIO MANUFACTURING PLANT (SAN ANTONIO, TEXAS) $250+ million investment Production began in January 2022 Approximately 1 million square foot facility Flexibility to build Class 6-8 diesel e-vehicles Sustainable
Slide 26: TRATON Accelerated! China is one of the most important profit pools
TRATON Accelerated! China is one of the most important profit pools No.1 1.4 mn 55% World’s largest single market Trucks sold of global HDT sales for heavy duty trucks in 2021 are generated in China Scania 1st Independent Production Scania will be first western truck manufacturer with fully independ
Slide 27: High-performance charging network for Europe
TRATON Accelerated! High-performance charging network for Europe €500 mn >1,700 public charging points investment Binding agreement signed Accelerate the build-up of green energy charging infrastructure Plan: pioneer high-performance public charging network for battery Enhance customer confidence el
Slide 28: Agenda
Agenda 1. Core KPIs FY 2021 2. Going forward 3. Q&A 3-16-2022 Annual media conference call for fiscal year 2021 28
Slide 29: Contacts Corporate Communications
Contacts Corporate Communications CORPORATE COMMUNICATIONS Pietro Zollino Sacha Klingner Matthias Karpstein Head of Group Communications Head of Corporate Communications Business Media Relations TRATON SE Dachauer Str. 641 | 80995 Munich www.traton.com 3-16-2022 Annual media conference call for fisc
Slide 30: Annual media conference call for fiscal year 2021
Annual media conference call for fiscal year 2021 Christian Levin, CEO | Annette Danielski, CFO Munich, 3-16-2022