Iveco Group Nv · MIL:IVG
Iveco Group Nv — Investor Day (March 2024)
12 slides from Iveco Group Nv's investor day presentation, Mar 14, 2024
Slide 1: 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: BUS – Unlimited Pathways
BUS BUS UNLIMITED PATHWAYS 35
Slide 4: Who we are – Bus
WHO WE ARE BUS Global player and co-leader in Europe with robust profitability INTERCITY CITY BUS MINIBUS COACH ~ 50 % of Net Revenues ~30 of Net Revenues % ~ 15 of Net Revenues % ~ 5 % of Net Revenues ~200K > 1.5K ELECTRIC BUSES SOLD > 5.5K EMPLOYEES BUSES RUNNING WORLDWIDE PRODUCTION PRESENCE 2 CO
Slide 5: Energy transition is reshaping market dynamics
MARKET TRENDS BUS Energy transition is reshaping market dynamics DECARBONISATION NEW BUSINESS WIDER COMPETITIVE MODELS ARENA City bus in Europe decarbonised at Shifting mobility demand with new municipality New players from emerging countries 90% by 2030 and 100% by 2035 needs and untapped profit po
Slide 6: Key achievements: expanded offering and geographical reach
KEY ACHIEVEMENTS BUS COMPLETE MULTI-ENERGY OFFERING BEV, FCEV, CNG, Diesel and bio-fuel line-up, including hybrid solutions SOLID AND INCREASING ORDER BOOK ~1.1x order book to net revenues ratio, with revenue coverage >12 months >1,500 zero-emission buses in order book at end of 2023 Expanded offeri
Slide 7: Replicate Intercity success in City Buses and accelerate growth outside Europe
STRATEGIC PRIORITIES BUS Replicate Intercity success in City Buses and accelerate growth outside Europe REINFORCE INTERCITY REPLICATE SUCCESS GEOGRAPHICAL LEADERSHIP ON CITY BUS EXPANSION Build on current range's strengths in Europe while Invest in new, TCO-driven, e-born vehicle Step-up profitable
Slide 8: A clear transformative roadmap for urban electromobility
FOCUS ON CITY BUS BUS A clear transformative roadmap for urban electromobility LEADER IN: ELECTRIC BUSES COSTS SERVECES PORTFOLIO ELECTRIC VEHICLE E-BORN VEHICLE OPERATIONAL ELECTROMOBILITY ELECTRIFICATION ORDER BOOK ARCHITECTURE EXCELLENCE SOLUTIONS >€ 100mn ~ 4x ~ € 300mn ~25% ~ €100mn invested si
Slide 9: Increase scale of business and optimise operations for higher profitability
AMBITION BUS Increase scale of business and optimise operations for higher profitability CAGR Net Revenues 2023A-2028E (€bn) 2022A-2028E +8% 3.0-3.5 2.8-3.3 2.3 1.9 2022A 2023A 2026E 2028E Adj. EBIT Margin 4.2% 4.8% 6-7% 7-8% (%) 2022A-2028E Key Contributors Sustain investments in Improve commercial
Slide 10: Main takeaways
MAIN TAKEAWAYS BUS Lead European people transport industry and expand profitability 1 2 3 Reinforce Intercity leadership through a multi-energy strategy Replicate Intercity success in City bus building on zero-emission and Expand geographical reach beyond core European markets + Evaluate potential i
Slide 11: 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 12: 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