Iveco Group Nv · MIL:IVG
Iveco Group Nv — Investor Day (March 2024)
13 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: Truck: Unlimited Pathways
TRUCK TRUCK UNLIMITED PATHWAYS 51
Slide 4: Who We Are – Truck
WHO WE ARE TRUCK Leading professional player with full multi-fuel line-up across ranges LIGHT COMMERCIAL VEHICLES MEDIUM-DUTY HEAVY-DUTY ~45% ~15% ~40% of Net Revenues of Net Revenues of Net Revenues Includes EVCO, former Nikola-IVECO-Europe JV >250 people of which 150 in R&D >€300mn invested > 16 K
Slide 5: Technology is changing the driver experience
MARKET TRENDS TRUCK Technology is changing the driver experience ENERGY SOFTWARE DEFINED AUTONOMOUS TRANSITION VEHICLES DRIVING Shift towards alternative propulsion, resulting in Moving profit pools from hardware to software, with Rising adoption of autonomous driving 35-40% expected ZEV penetration
Slide 6: Consistent acceleration with a strong professional DNA
KEY ACHIEVEMENTS TRUCK FAST-PACED GROWTH 10% Net Revenues CAGR 2019-2023, with ~500 bps Adj. EBIT margin increase MODEL YEAR ‘24 FULL-RANGE Multi-tech, superior on-board experience, top-tier TCO, connectivity and safety features Consistent acceleration with a strong professional DNA LEADERSHIP IN LC
Slide 7: Expand Light, Medium and Heavy truck competitiveness
STRATEGIC PRIORITIES TRUCK Expand Light, Medium and Heavy truck competitiveness OPERATIONAL PROFESSIONAL LCV MHDT FULL EXCELLENCE LEADERSHIP POTENTIAL Reduce costs through commercial levers, Expand LCV line-up with MY27 and new EV light Enhance competitiveness through ZEV lineup design-to-value and
Slide 8: Focus on LCV: New missions and technology to confirm professional DNA
FOCUS ON LCV TRUCK New missions and technology to confirm professional DNA PORTFOLIO EXPANSION ALTERNATIVE PROPULSION 2.5-3.5t EV chassis-cab developed by New EV launches, pioneering H2 solutions Hyundai, bringing professional Daily for mid-haul missions with faster charging DNA to a new segment, al
Slide 9: Focus on MHDT: Upscale portfolio, fostering product synergies and partnerships
FOCUS ON MHDT TRUCK Upscale portfolio, fostering product synergies and partnerships MODEL YEAR ‘24 NEW HEAVY-DUTY TRUCK CABIN Top-tier TCO with custom fuel advice, New cabin co-developed up to 10% efficiency and new with Ford Otosan1 to enhance ergonomics for enhanced comfort competitiveness EVCO SC
Slide 10: Enhance profitability to sustain performance in a dynamic environment
AMBITION TRUCK Enhance profitability to sustain performance in a dynamic environment Net Revenues CAGR (€bn) 2022A-2028E 2023A-2028E +1% 10.6 11-11.5 10-10.5 9.5 2022A 2023A 2026E 2028E Adj. EBIT Margin (%) 2022A-2028E 3.3% 5.8% 5.5-6.5% 6.5-7.5% Key Contributors Consolidate market share Sustain pro
Slide 11: Main Takeaways: Maintain lead in LCV, advance MHDT margins
MAIN TAKEAWAYS TRUCK Maintain lead in LCV, advance MHDT margins 1 2 3 Confirm professional LCV leadership, including light chassis-cab developed by Elevate HDT with ZEV line-up and new cabin developed with Preserve profitability with procurement, design-to-value and + Further explore Partner network
Slide 12: 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 13: 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