Daimler Truck Holding Ag · XETR:DTG
Daimler Truck — Non-Deal Roadshow (March 2025)
44 slides from Daimler Truck's roadshow presentation, March 2025
Slide 1: Roadshow Presentation
ROADSHOW PRESENTATION March 2025 ISIN: DE 000 DTR0CK8 Bloomberg Ticker: DTG:GR Level I ADR Program WKN: DTR0CK Reuters Ticker: DTGGe.DE ISIN: US23384L1017
Slide 2: Our Purpose: For All Who Keep the World Moving
OUR PURPOSE: FOR ALL WHO KEEP THE WORLD MOVING We keep our heritage and lay the foundations for the future 2025 2030 TRUCKS WILL REMAIN THE BACKBONE OF OUR ECONOMY WE ARE THE VOICE OF OUR INDUSTRY WE DRIVE THE TRANSFORMATION WITH GREAT ZEV PRODUCTS WE SUPPORT OUR CUSTOMERS WITH THE RIGHT SOLUTIONS D
Slide 3: How We Win
HOW WE WIN We build our foundations on strong strategic pillars & a high-performance culture #1 #2 #3 PROFITABILITY SERVICES ZEV Implementation Build recurring revenue Leverage our scale of our self-help streams, increase with global platforms measures to increase resilience and customer for ICE and
Slide 4: Why Invest in Daimler Truck
WHY INVEST IN DAIMLER TRUCK Capitalize on our strong position and unlock profit and free cash flow potential 1 STRONG POSITION – ALREADY TODAY − Strong brands, teams and cutting edge technologies in all regions − Significant scale to capitalize on commonality and lower costs − Significant investme
Slide 5: Why Invest in Daimler Truck
WHY INVEST IN DAIMLER TRUCK Sustainable transformation with cutting-edge technology 4 ACCELERATING SUSTAINABLE AND HIGHLY AUTOMATED TRANSPORTATION − Broad ZEV vehicles portfolio in all segments − Unbiased technology strategy for best fit sustainability solutions (BEV, FCEV, H2 ICE) − Shaping highly
Slide 6: Daimler Truck Global Leadership
1 DAIMLER TRUCK GLOBAL LEADERSHIP Platform, powertrain and system commonality Sales Revenue EBIT adjusted in Units in million Euro in million Euro 1 -12% -3% -15% 55,890 5,489 526,053 460,409 54,077 4,667 2023 2024 #1 #1 #3 #2 #1 GLOBAL LEADER2 NORTH AMERICA Class 6-8 EU-303 MDT/HDT JAPAN Trucks Tot
Slide 7: Daimler Truck North America: From Strong to Stronger
1 DAIMLER TRUCK NORTH AMERICA: FROM STRONG TO STRONGER On-highway business presents a very clear framework for vocational success LEADING POSITION… 1 …STRONG FOUNDATIONS… ….RIGHT PRODUCT PORTFOLIO 40% Market share 2 1M+ Uncompromised CASCADIAS BUILT3 customer focus On-highway On-highway large/mega f
Slide 8: Mercedes-Benz: Rebuilding Profitability
1 MERCEDES-BENZ: REBUILDING PROFITABILITY Strong market position in key markets and strong product portfolio STRONG MARKET POSITION ACROSS REGIONS … … AND PRODUCT PORTFOLIO KEY MARKETS Brazil 22% market share1 EU 30 19% market share1 HEAVY DUTY TRUCKS #2 BRAND BRAZIL1 #1 BRAND EU-301 Finland Kassel
Slide 9: Daimler Truck Asia: Opportunity and Growth
1 DAIMLER TRUCK ASIA: OPPORTUNITY AND GROWTH Leveraging true Asian footprint and Daimler Truck technology LEADING POSITION… 1 …STRONG FOUNDATIONS… ….LOCALIZED FULL PORTFOLIO Renowned and true Top 3 Japan local brands HEAVY DUTY # 1 Indonesia Balance of markets TRUCKS China Proven recurring 11% Marke
Slide 10: Daimler Buses: Global Market Leader
1 DAIMLER BUSES: GLOBAL MARKET LEADER #1 in all core markets through intense customer focus # 1 IN OUR KEY MARKETS Direct sales, service and spare parts – from one single customer touchpoint EU 30 BRAZIL MEXICO 24% market share1 41% market share1 42% market share1 FULL LINE Covering all segments
Slide 11: DTFS Broadens Footprint to 18 Markets
1 DTFS BROADENS FOOTPRINT TO 18 MARKETS Positive customer feedback leading to strong growth in challenging business environment Phase 1 Phase 2 Growth Phase Contract Volume Penetration Rate ‘21 ‘22 ‘23 ‘24 ‘25 in billion Euro in % Dec Apr Aug Oct Nov Mar Jan Nov HY2 32 30 27 * Ø 23 17 North Europe &
Slide 12: Key Strategic Priorities
2 KEY STRATEGIC PRIORITIES Our way forward will be determined in the first half of 2025 H1 2025 REVIEW BUSINESS COST-DOWN DAIMLER TRUCK SET-UP EUROPE STRATEGY 2030 FULLY-FLEDGED STRATEGY WE MERGED OUR BUSINESSES IN TARGET TO REDUCE RECURRING UPDATE WILL BE PROVIDED AT INDIA AND CHINA WITH COSTS IN E
Slide 13: Our Capital Allocation Framework Sets Clear Use-of-Cash Priorities
2 OUR CAPITAL ALLOCATION FRAMEWORK SETS CLEAR USE-OF-CASH PRIORITIES Focus on attractive return while investing in future value creation APPROACH FRAMEWORK EXECUTION EXAMPLES STRONG OPERATING CASH FLOW ▸ Active Portfolio Management in WITH SOLID BALANCE SHEET most attractive businesses AS KEY PRIORI
Slide 14: Solid Liquidity & Investment-Grade Rating
2 SOLID LIQUIDITY & INVESTMENT-GRADE RATING Upgrade by S&P to A- in June 2024 S&P: A- Moody’s: A3 SOLID RATING Outlook: stable Outlook: stable ACTUALS ACTUALS in billion Euro Dec 31, 2023 Dec 31, 2024 DAIMLER TRUCK “We expect Daimler Truck's operating Equity ratio 32% 31% performance to show resilie
Slide 15: Well-Diversified Funding Mix
2 WELL-DIVERSIFIED FUNDING MIX Using a variety of instruments in our relevant markets MARKETS FUNDING INSTRUMENTS as of Dec 31, 2024 as of Dec 31, 2024 Others1 CP ABS Japan Balanced financing through capital market instruments, bank loans and Mexico selected ABS Bank Loans USA Daimler Truck Fina
Slide 16: Bond Maturity Profile
2 BOND MATURITY PROFILE Well balanced Bond Maturity Profile MATURITY PROFILE BONDS in billion Euro as of Dec 31, 2024 4,1 0,1 Issued in 2024 3,4 3,5 Maturities 0,2 2,5 2.1 0.7 4.0 3.2 1,2 1,0 1.8 0.7 0,6 0,7 1.4 0,5 1.0 0.5 0.6 0.7 0.5 2025 2026 2027 2028 2029 2030 2031 2033 2034 Daimler Truck Group
Slide 17: Our Funding Strategy Is Built on Strict Principles
2 OUR FUNDING STRATEGY IS BUILT ON STRICT PRINCIPLES Ensuring financial flexibility and independence TARGETING FINANCIAL MAXIMIZING FUNDING MATCHING GLOBAL INDEPENDENCE FINANCIAL FLEXIBILITY BUSINESS NEEDS No dependence on single Keeping prudent amount Liquidity matched markets, instruments, of cash
Slide 18: FY24 Financial Figures Daimler Truck Group
3 FY24 FINANCIAL FIGURES DAIMLER TRUCK GROUP in million Euro Revenue EBIT EBIT adjusted Free Cash Net Industrial -3% Flow IB Liquidity +3% 55,890 54,077 8,558 8,322 -15% -31% 5,489 5,183 4,667 +12% 3,592 3,152 2,811 FY23A FY24A Daimler Truck Group | Roadshow Presentation | March 2025 18
Slide 19: FY24 EBIT Group
3 FY24 EBIT GROUP EBIT decrease due lower sales and industrial performance + + − − − Improved net pricing Favorable functional cost development Significantly lower unit sales Unfavorable effect of the equity result of BFDA, mainly impairment Unfavorable effects on industrial performance, mainly vari
Slide 20: FY24 Revenue and EBIT Industrial Business
3 FY24 REVENUE AND EBIT INDUSTRIAL BUSINESS Decrease in EBIT adjusted and ROS adjusted in the Industrial Business in million Euro Unit Sales / Revenue FY24 ROS / EBIT adjusted 520,291 526,053 521,545 455,445 460,409 378,290 53,216 49,186 50,743 t/o t/o 44,853 • Restruct. +16 • Legal -152 38,641 • M&
Slide 21: FY24 Revenue and EBIT – Trucks North America
3 FY24 REVENUE AND EBIT – TRUCKS NORTH AMERICA Improved net pricing and lower functional costs in million Euro Unit Sales / Revenue FY24 ROS / EBIT adjusted 203,965 186,779 195,014 190,428 162,156 3,060 139,479 23,492 23,781 22,039 2,887 19,370 15,782 13,847 FY19 FY20 FY21 FY22 FY23 FY24 + Positive
Slide 22: FY24 Revenue and EBIT – Mercedes-Benz Trucks
3 FY24 REVENUE AND EBIT – MERCEDES-BENZ TRUCKS Significantly lower volume in EU 30 and underutilization of production in million Euro Unit Sales / Revenue FY24 ROS / EBIT adjusted 166,369 158,511 144,806 141,331 126,477 117,800 2,199 21,638 20,213 19,095 16,806 16,113 13,790 2024 actuals according t
Slide 23: FY24 Revenue and EBIT – Trucks Asia
3 FY24 REVENUE AND EBIT – TRUCKS ASIA Improved net pricing, favorable development of aftersales business in million Euro Unit Sales / Revenue FY24 ROS / EBIT adjusted 152,805 155,967 161,171 143,411 125,234 110,205 7,060 6,638 6,499 330 5,969 6,111 5,579 2024 actuals according to new segment composi
Slide 24: FY24 Revenue and EBIT – Daimler Buses
3 FY24 REVENUE AND EBIT – DAIMLER BUSES Improved net pricing, mix and aftersales business in million Euro Unit Sales / Revenue FY24 ROS / EBIT adjusted 29,763 24,041 26,168 26,646 434 18,932 18,736 5,247 4,644 4,566 3,689 3,438 3,211 + Improved product mix mainly driven by higher share of coach sale
Slide 25: FY24 Revenue and EBIT – Financial Services
3 FY24 REVENUE AND EBIT – FINANCIAL SERVICES Increase in risk costs, partially offset by increased volume in million Euro Contract Volume FY24 ROE / EBIT adjusted 211 32,152 28,277 24,200 19,558 15,914 16,866 133 FY19 FY20 FY21 FY22 FY23 FY24 ROE + Positive interest margin development and increased
Slide 26: FY24 Cash Flow Industrial Business
3 FY24 CASH FLOW INDUSTRIAL BUSINESS FCF adjusted of 3.7 bn. € Net Industrial Liquidity (NIL) at end of Q4/23 Q4/24 in million Euro 8.3 bn. 8.6 bn. 3,152 8,322 8,558 -1,528 Cash Conversion -1,388 Rate adjusted 1.1 NIL Q4/23 FCF IB Dividend Others/ NIL Q4/24 Payment Buyback 897 690 4,358 1,129 530 3,
Slide 27: Dividend Proposal
3 DIVIDEND PROPOSAL 1.90 Net Profit Earnings per Share Free Cash Flow IB in million Euro in Euro in million Euro +12% -23% -21% 3,971 4.62 3,152 2,811 3,066 3.64 Euro dividend proposal (flat vs. 2023) FY23A FY24A Daimler Truck Group | Roadshow Presentation | March 2025 27
Slide 28: Elevating Technology Leadership
4 ELEVATING TECHNOLOGY LEADERSHIP We enable highest customer value creation and highest scale advantage through technology KEEP DIESEL CREATE CUSTOMER VALUE COMPETITIVE AND CLEAN WITH OPTIMIZED TCO CREATE SCALE WITH DECARBONIZE WITH BEV AND H2 COMMONALITY & PARTNERS DIGITALIZE WITH SOFTWARE KEEP THE
Slide 29: We Deliver: Full Range of Zero-Emission Trucks & Buses
4 WE DELIVER: FULL RANGE OF ZERO-EMISSION TRUCKS & BUSES Numerous zero-emission trucks & buses in series production in 2024 2021 2023 2020 2022 2024 2027+ 2021 2018 2022 2023 2022 2017 Thomas Built RIZON Freightliner Freightliner Mercedes-Benz Mercedes-Benz Mercedes-Benz Mercedes-Benz Mercedes-Benz
Slide 30: Progress in Zero-Emission Trucks and Buses
4 PROGRESS IN ZERO-EMISSION TRUCKS AND BUSES We are ready bringing our vision to the road Orders FY24 Orders FY23 4,598 5,617 Unit Sales FY24 4,035 Unit Sales FY23 3,443 Daimler Truck Group | Roadshow Presentation | March 2025 30
Slide 31: We Use Our Scale to Free Up Capital and Build Up Global Platforms
4 WE USE OUR SCALE TO FREE UP CAPITAL AND BUILD UP GLOBAL PLATFORMS Capitalizing on commonality and partnerships to maximize scale advantage H2 eActros eActros GenH2 eEconic 300/400 600 Truck eCitaro Chassis eCitaro fuel cell Focus on captive high-margin heavy-duty ICE and partnership for medium-dut
Slide 32: Our ZEV Vehicle Portfolio Will Cover Three Different Technologies
4 OUR ZEV VEHICLE PORTFOLIO WILL COVER THREE DIFFERENT TECHNOLOGIES Different solutions are driven by customer needs INNER-CITY TRANSPORT & ON-HIGHWAY VOCATIONAL LOCAL DISTRIBUTION FOTOS müssen neu! Battery Electric Vehicles Fuel Cell Electric Vehicles Combustion Engine Daimler Truck Group | Roadsho
Slide 33: Emission Regulation and Government Policies Drive Adoption
4 EMISSION REGULATION AND GOVERNMENT POLICIES DRIVE ADOPTION Policymakers on all levels strongly push towards global CO2-neutrality WINNING FORMULA PUSH FOR CO2-NEUTRALITY FACTOR 1 Product Offering x PARIS AGREEMENT & GLOBAL RACE EUROPEAN GREEN DEAL: -55% CO2 FACTOR 2 TO NET ZERO EMISSIONS Infrastru
Slide 34: How We Implement Our Strategy
4 HOW WE IMPLEMENT OUR STRATEGY We drive a technology agnostic, adjustable and scalable platform approach TECHNOLOGY AGNOSTIC STEPWISE INVESTMENTS ECONOMIES OF SCALE ▸ Keep diesel competitive and ▸ BEV: Low first capacity ▸ Create commonality – clean commitment, flexible ramp-up develop once, deploy
Slide 35: Captive Solution - Torc Is Making Significant Progress
4 CAPTIVE SOLUTION - TORC IS MAKING SIGNIFICANT PROGRESS On our way to delivering the best-in-class autonomous trucking solution CAPTIVE SOLUTION Start of testing with industry first vehicle platform. Finalize production-intent hardware for commercial launch. Pioneer in heavy-duty autonomous technol
Slide 36: Decarbonization Requires a Transition with Diesel
4 DECARBONIZATION REQUIRES A TRANSITION WITH DIESEL Staying competitive and compliant in a consolidated portfolio CREATING CUSTOMER VALUE CREATING SCALE ▸ Global rollout of latest COMMONALITY generation heavy-duty Diesel ▸ One heavy-duty Diesel platform platform completed – another for all Daimler T
Slide 37: Accelerating Technological Development
5 ACCELERATING TECHNOLOGICAL DEVELOPMENT Strategic Partnerships in key ZEV technologies are reducing risks and costs H2 Initiate pan-European Start public charging Offer Industry-leading Develop dedicated high performance infrastructure across the depot charging truck battery cells public charging U
Slide 38: Our Sustainability Ambitions
6 OUR SUSTAINABILITY AMBITIONS We have set ourselves clear targets ENVIRONMENT SOCIAL GOVERNANCE Climate & Environmental Protection Our People Responsible Governance We strive for our new trucks and We aspire to be an employer of choice, We underline our responsibility towards buses to be CO2e free
Slide 39: Market Assumptions 2025
MARKET ASSUMPTIONS 2025 Heavy Duty Truck Market 2025 North America1 280 – 320 k units EU302 270 – 310 k units Assumption The outlook is particularly subject to further geopolitical developments and their impact on the global economy. The future development of inflation continues to determine the mon
Slide 40: Daimler Truck Group/Industrial Business Assumptions 2025
DAIMLER TRUCK GROUP/INDUSTRIAL BUSINESS ASSUMPTIONS 2025 Group FY 2024 Guidance 2025 EBIT adjusted 4.667 bn. € increase between 5% and15% IB Unit Sales Revenue 460,409 units 50.743 bn. € 460 – 480 k units 52 – 54 bn. € ROS adjusted 8.9% 8 – 10% FCF 3.152 bn. € decrease between 10% and 25% Assumption
Slide 41: Daimler Truck Segment Assumptions 2025
DAIMLER TRUCK SEGMENT ASSUMPTIONS 2025 Unit Sales ROS/ROE adjusted in thousand units in % Guidance Guidance FY 2024 FY 2024 20251 20251 Trucks North 190 (1912) 180 – 200 12.9 (12.92) 11 – 13 America Mercedes-Benz 126 (1602) 160 – 180 7.5 (6.42) 5–7 Trucks Trucks Asia 125 (1032) 95 – 115 1.7 (4.62) 4
Slide 42: Daimler Truck Investor Relations
DAIMLER TRUCK INVESTOR RELATIONS Our team is here to support you Further information is available under www.daimlertruck.com/en/investors FY 2024 Disclosure Presentation, Annual Report 2024, our Factbook and Upcoming Events and Conferences are available at the Daimler Truck Investor Relations we
Slide 43: Disclaimer
DISCLAIMER Forward-looking statements This document contains forward-looking statements that reflect our current views about future events. The words “aim”, “ambition”, “anticipate”, “assume”, “believe”, “estimate”, “expect”, “intend”, “may”, ”can”, “could”, “plan”, “project”, “should” and similar e
Slide 44: March 2025
March 2025 ISIN: DE 000 DTR0CK8 Bloomberg Ticker: DTG:GR Level I ADR Program WKN: DTR0CK Reuters Ticker: DTGGe.DE ISIN: US23384L1017
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