D'ieteren Group Sa/nv · EURONEXT:DIE
D'ieteren Group Sa/nv — Investor Day (May 2025)
22 slides from D'ieteren Group Sa/nv's investor day presentation, May 14, 2025
Slide 1: D'Ieteren Group Investor Day 2025
D’Ieteren Group Investor Day 2025 D’Ieteren Group Francis Deprez, CEO Nicolas Saillez, CIO Edouard Janssen, CFO D’Ieteren Group Investor Day 2025
Slide 2: Welcome – Today's presenters
Welcome – Today’s presenters Francis Deprez, CEO D’Ieteren Group 9.00am – 9.45am Nicolas Saillez, CIO Edouard Janssen, CFO D’Ieteren Automotive Denis Gorteman, CEO 9.45am – 10.45am Réginald Gillet, CFO Break Belron Carlos Brito, CEO 11:00am – 12.30pm Humphrey Singer, CFO Lunch break Moleskine Christ
Slide 3: Welcome – Today's presenters
Welcome – Today’s presenters PHE Stéphane Antiglio, CEO 2.00pm – 3.00pm Christophe Gouthière, CFO Cyrille Flamant, Deputy CFO Break TVH Dominiek Valcke, CEO 3.15pm – 4.15pm Carine Van Landschoot, CFO Break D’Ieteren Group + Q&A Edouard Janssen, CFO 4.30pm – 5.40pm Francis Deprez, CEO D’Ieteren D’Iet
Slide 4: 3 main messages today
3 main messages today 1. We are delivering on our commitments and more than doubled BEATING (again) our guidance KPI our guidance 2. We have multiple growth platforms and free cash flow BALANCED generators in our portfolio portfolio 3. We add value through best practice-based exchanges inside BEST P
Slide 5: We are delivering on our Group commitments
We are delivering on our Group commitments BEATING BALANCED BEST PRACTICE B1.1our guidance portfolio exchanges Medium-term guidance End-2024 results 2025 guidance 2022-2025 Adjusted operating profit, > €1bn €1,071m Group’s share + PHE by 2025 + €257m PHE in 2024 Slight growth expected in 20252 Adjus
Slide 6: We are delivering on our commitments per business
We are delivering on our commitments per business BEATING BALANCED BEST PRACTICE B1.2our guidance portfolio exchanges Mid-term (2025) ambitions versus 2024 actuals Belron D’Ieteren TVH Parts Moleskine PHE Automotive High Low Sales growth single- double- 11.6% >10% 17.6% ~8% 7.6% 0.2% 12.1% (CAGR 202
Slide 7: We generated attractive returns to our shareholders
We generated attractive returns to our shareholders BEATING BALANCED BEST PRACTICE B1.3our guidance portfolio exchanges 51% Total €4.5bn €109m share Shareholder dividends buy-backs Return 2022-30/04/2025 2022-30/04/2025 2022-30/04/2025 D’Ieteren Group Investor Day 2025 7
Slide 8: Our KPI more than doubled, and reflects a more balanced portfolio
Our KPI more than doubled, and reflects a more balanced portfolio BEATING BALANCED BEST PRACTICE our guidance portfolio exchanges +127% Adjusted PBT, Group’s share (€m) 1,104 Corp. & Unallocated 41 972 100 Moleskine 35 2 75 166 TVH 733 138 Beyond Belron PHE 10 6 (c.50%) 98 239 D’Ieteren Automotive 3
Slide 9: We have multiple growth platforms
We have multiple growth platforms BEATING BALANCED BEST PRACTICE our guidance portfolio exchanges Belron D’Ieteren Automotive TVH PHE +12% CAGR +18% CAGR +8% CAGR +12% CAGR 6,459 5,269 1,676 2,763 1,347 4,647 1,964 3,239 Sales (€m) 2021 2024 2021 2024 2021 2024 2021 2024 +18% CAGR +38% CAGR +6% CAGR
Slide 10: Each of our businesses reflect our mission…
Each of our … with an increasing businesses reflect consistency between the types our mission… of businesses BEATING BALANCED BEST PRACTICE our guidance portfolio exchanges To build a family of businesses D’Ieteren Our businesses… Belron TVH PHE Moleskine Automotive That (re)invent industries Delive
Slide 11: Our origination efforts are focused and with clear criteria
Our origination efforts are focused and with clear criteria BEATING BALANCED BEST PRACTICE our guidance portfolio exchanges D’Ieteren Group Existing businesses • Constant tracking and identification of Fishing ponds Main characteristics Our role possible investment opportunities (examples: Sincanli
Slide 12: Our corporate team has been reinforced
Our corporate team has been reinforced BEATING BALANCED BEST PRACTICE our guidance portfolio exchanges Additional competencies have been added 2022 Digital & Innovation 2023 Additional ESG, consolidation & legal expertise 2023 The Executive Committee has been expanded 2024 Additional Treasury, HR, I
Slide 13: We engage with our businesses as active owners
We engage with our businesses as active owners BEATING BALANCED BEST PRACTICE our guidance portfolio exchanges Performance Sector Talent M&A ESG SUPPORT management knowledge Management Long-term value creation Best practice Strategic Corporate Legal & exchange with Management advice finance Tax advi
Slide 14: What we are doing relentlessly
What we are doing relentlessly BEATING BALANCED BEST PRACTICE our guidance portfolio exchanges Systematic monitoring of the ecosystem of each of our businesses on key dimensions: • Market evolution and dynamics, • Performance & strategy of competitors • Disruptive trends and players • Customers and
Slide 15: We have created functional communities…
We have created functional communities… BEATING BALANCED BEST PRACTICE our guidance portfolio exchanges 2022 2023 2024 2025 Future ESG Legal Logistics & Supply chain IT circle: cyber, data, transformation, AI, … Financial planning & analysis Human resources & talent management Marketing & commercial
Slide 16: … that allow us to explore & exploit soft synergies…
… that allow us to explore & exploit soft synergies… BEATING BALANCED BEST PRACTICE our guidance portfolio exchanges Warehouse Cybersecurity Transformation automation programmes • Visit each other’s warehouses and • Post the 2023 cyberattack at TVH, • Solution of best-of-breed software understand ch
Slide 17: … and we have brought together the top 200 leaders from all our businesses
… and we have brought together the top 200 leaders from all our businesses BEATING BALANCED BEST PRACTICE our guidance portfolio exchanges D’Ieteren Group Investor Day 2025 17
Slide 18: 2024 shareholder reorganisation
2024 shareholder reorganisation With the once-in-a-generation family shareholding Group shareholding restructuring of 2024, we are ideally placed to continue to drive value creation for all stakeholders Nayarit Free float1 Treasury shares 50.1% 48.3% 1.6% 1. Strong family anchoring and with the gove
Slide 19: Conclusion
Conclusion 1. We are unique 2. We grow 3. We unlock opportunities 4. We are ambitious & create value D’Ieteren Group Investor Day 2025
Slide 20: Q1-25 trading update
Q1-25 trading update Belron D’Ieteren PHE TVH Parts Moleskine Automotive Sales growth +6.4% -16.6% +4.6% +2.3% +3.3% • Organic +4.0% • Market down by • +3.5% organic • Mostly driven by • Driven by US and • Continued growth -11.0% growth volumes APAC in ADAS and • Net market • +1.1% M&A • Organic gro
Slide 21: Potential US tariffs impact
Potential US tariffs impact Businesses with US exposure : Belron, TVH, Moleskine There is high uncertainty in an ever-changing tariff landscape. Hence, it is highly difficult to predict the positive or negative impact to our businesses and their suppliers and customers. Remain focused on executing 2
Slide 22: Disclaimer
Disclaimer To the extent that any statements made in this presentation contain information that is not historical, these statements are essentially forward-looking. The achievement of forward-looking statements contained in this presentation is subject to risks and uncertainties because of a number