Downloaded 102 times
Uploaded byDvir Reznik
HARMAN Corporate Deck
This document is a presentation by Dvir Reznik of Harman International Industries about the company. It summarizes that Harman is a global leader in audio technology with over 80 years of industry "firsts". It has a presence in over 25 countries and focuses on connected car, lifestyle audio, professional solutions, and connected services. Harman has iconic brands and pursues innovation across technologies to enable seamless experiences for consumers. The presentation outlines Harman's history, current business segments, global footprint, innovation approach, culture influence, and strategic roadmap for sustainable growth.
More Related Content
HARMAN Corporate Deck
- 1. ©2016 HARMAN INTERNATIONALINDUSTRIES, INCORPORATED 1 WE ARE HARMAN DVIR REZNIK, SR. MARKETING MANAGER AUTOMOTIVE CYBER SECURITY, CONNECTED CAR JUNE 2016
- 2. ©2016 HARMAN INTERNATIONALINDUSTRIES, INCORPORATED 2 1. Who we are 2. What we do 3. Where we are 4. How we do it 5. Where we are going 6. Appendix AGENDA
- 3. ©2016 HARMAN INTERNATIONALINDUSTRIES, INCORPORATED 3 MARKET LEADER GLOBALLY DIVERSE INNOVATION LEADER • $6.825 Billion revenues* • EBITDA $825 Million* • EPS $6.20* • $23 Billion automotive order backlog** *FY2016 Guidance **As of June 30, 2015 • 29,000 Professionals worldwide • 12,600 Engineers • 25+ Countries: Americas, Europe and Asia • 16+ Legendary brands • 6,100 Patents and patents pending • 56 Design awards in 2015 • 3 GRAMMY® Awards-AKG, JBL, Lexicon • 2 Academy Awards Innovation breeds quantifiable success WHO WE ARE HARMAN’S GLOBAL GROWTH CONTINUES
- 4. ©2016 HARMAN INTERNATIONALINDUSTRIES, INCORPORATED 4 1928 World’s first talking movie features Lansing’s HD loudspeakers 1937 MGM-Lansing sound System wins first of two Academy Awards 1949 Crown introduces first open reel tape recorder with built-in power amp 1948 First ever in-car radio 1956 Sidney Harman buys out Bernard Kardon and creates Harman International 1953 AKG invents world’s first dynamic cardiod microphone 1958 Harman Kardon releases the world’s first stereo receiver 1969 JBL powers first of three Woodstocks 1970’s JBL co-develops the Wall Of Sound for the Grateful Dead 1953 Harman Kardon introduces first FM tuner 1971 DBX brings realism of live performance to recorded music 1975 Becker launches first car cassette radio 1983 George Lucas selects JBL to develop the first THX licensed theater audio system 1983 Crown taps JBL to develop first THX licensed system 1984 JBL in Lincoln Town Car Premiers as First OEM Branded Car Audio System 1987 Martin lights up the dance floor with disco lights and fog machines 1989 Digitech Whammy first foot-controlled pitch shifting guitar pedal 1997 First car radio/CD/nav. system 1999 HK Soundsticks debut at MOMA 1991 AKG binaural products used on Mir Space Station 2002 Three JBL engineers receive Academy Awards 2014 HARMAN wins third GRAMMY 2004 Harman enables first Bluetooth wireless connectivity in the car 2004 JBL one of first to release audio docks for iPod. / 2012 JBL introduces Flip WHO WE ARE OUR AUTHORITY IS DEEP ROOTED Over 80 years of industry groundbreaking “firsts” 2013 STC developed the first dual-sided smartphone for Yota 2015 STC launches Marimba Cloud– World’s first, most comprehensive cloud based IoT management platform 2008 STC joins OHA and enables Android for the CDMA market
- 5. ©2016 HARMAN INTERNATIONALINDUSTRIES, INCORPORATED 5 LIFESTYLE AUDIO PROFESSIONAL SOLUTIONS CONNECTED SERVICES Navigation, Multimedia, Connectivity, Telematics, Safety & Security Solutions Premium Branded Audio products for use at home, in the car and on the go Audio, Lighting, Video Switching and Enterprise Automation for Entertainment and Enterprises Cloud, Mobility and Analytics Software Solutions & OTA update technologies for Automotive, Mobile and Enterprises TECHNOLOGIES FOR SEAMLESS LIVING LTM Revenue* $2,023M LTM EBITDA 14.7% LTM Revenue* $1,013M LTM EBITDA13.2% LTM Revenue $3,018M LTM EBITDA 13.7% LTM Revenue*$682M LTM EBITDA 13.7% CONNECTED CAR EBITDA is non-GAAP measure and excludes restructuring, non-recurring charges and acquisition-related items. LTM = Last Twelve Months ending March 31, 2016. *Includes intercompany revenues. WHAT WE DO
- 6. ©2016 HARMAN INTERNATIONALINDUSTRIES, INCORPORATED 6 WHERE WE ARE HARMAN IS IN 25+ COUNTRIES USA ATLANTA BELLEVUE BOSTON BURLINGTON CHENEY DETROIT ELKHART EL PASO FARMINGTON HILLS FRANKLIN MOUNTAIN VIEW NASHVILLE NORTHRIDGE PLANO PROVIDENCE RICHARDSON SAN DIEGO SANDY SEATTLE STAMFORD ST LOUIS VERNON HILLS WESTFORD MEX ICO JUAREZ QUERETARO TIJUANA BRAZ IL MANAUS PORTO ALEGRE FRANCE PARIS BERKSHIRE HAMPSHIRE LONDON LOUTH POTTERS BAR READING RICHMOND SOLIHULL MIDLANDS SURREY WINCHESTER UK ITALY TURIN BUENOS AIRES A RGEN TINA AUSTRIA VIENNA SZÉKESFEHÉRVÁR PECS GERMANY BOCHUM FILDERSTADT GARCHING HAMBURG KARLSBAD MUNICH NUREMBERG STRAUBING ULM HUNGARY DENMARK AARHUS FREDERIKSHAVN NETHERLANDS AMSTERDAM SWITZ ERLAND REGENSDORF SWEDEN GOTHENBURG MALMO STOCKHOLM CHINA KOREA GUNPO SEOUL YONGIN JAPAN NAGOYA TOKYO BANGALORE CHENNAI COIMBATORE GURGAON HYDERABAD MUMBAI PUNE INDIA RUSSIA MOSCOW NIZHNY NOVGOROD BEIJING CHENGDU DANGDONG SHANGHAI SHENZHEN SUZHOU POLAND LODZ FINLAND OULU TAMPERE MOROCCO CASABLANCA ISRAEL TEL AVIV BELGIUM BRUSSELS
- 7. ©2016 HARMAN INTERNATIONALINDUSTRIES, INCORPORATED 7 CONNECTED CAR LIFESTYLE AUDIO PROFESSIONAL SOLUTIONS CONNECTED SERVICES HOW WE DO IT WE ARE A HOUSE OF BRANDS
- 8. ©2016 HARMAN INTERNATIONALINDUSTRIES, INCORPORATED 8 Technologies to enable the connected car, enterprise and lifestyle HOW WE DO IT A PASSIONATE PURSUIT OF INNOVATION Signal Processing Automation & Controls Live Performance OTA, Safety & Security Cloud & Analytics Sustainability Connectivity Solutions Experience Design
- 9. ©2016 HARMAN INTERNATIONALINDUSTRIES, INCORPORATED 9 HARMAN Brand Ambassadors and partnerships help us connect TIËSTO LINKIN PARK MIRI BEN-ARI LANG LANG AR RAHMAN MARIANO RIVERA NBA QUINCY JONES HOW WE DO IT WE ARE INFUSED IN CULTURE…
- 10. ©2016 HARMAN INTERNATIONALINDUSTRIES, INCORPORATED 10 HARMAN is the industry standard in the studio and on the stage HOW WE DO IT USED BY THE MOST PROLIFIC ARTISTS…
- 11. ©2016 HARMAN INTERNATIONALINDUSTRIES, INCORPORATED 11 Yankee Stadium Rock in Rio Beijing National Stadium Grand Mosque at Mecca Radio City Music Hall Super Bowl 50 IN THE MOST RESPECTED VENUES… HOW WE DO IT From entertainment and sports complexes to government, education and religious venues
- 12. ©2016 HARMAN INTERNATIONALINDUSTRIES, INCORPORATED 12 We are #1 in car audio and infotainment HOW WE DOIT IN THE MOST ADMIRED VEHICLES
- 13. ©2016 HARMAN INTERNATIONALINDUSTRIES, INCORPORATED 13 Exciting Opportunities Against Our Five Strategic Pillars WHERE WE ARE GOING ROADMAP TO SUSTAINABLE GROWTH EXPAND technology leadership GROW emerging markets OPTIMIZE cost & capital structure DIVERSIFY markets CAPITALIZE on iconic brands
- 14. ©2016 HARMAN INTERNATIONALINDUSTRIES, INCORPORATED 14 THANK YOU DVIR REZNIK DVIR.REZNIK@HARMAN.COM | @DVIRREZNIK
Editor's Notes
- #3 2
- #4 The state of the company is strong as shown by our numbers. Our numbers are impressive on our own and a leader among our peers: We are now a $7 billion company with strong EBITDA and EPS. That’s driven by our relentless focus on cost leadership and executional excellence We have reached a record industry backlog of $23 billion representing impressive wins in Infotainment and Car Audio that we’ll talk about later. Driving theses numbers are a vibrant, diverse workforce of 29,000 professionals , including 13,000 top engineers and software developers from around the world. Our people are introducing incredible innovations that our customers and consumers are equally excited about. We go to market with an incredibly valuable portfolio of brands that no other company can match. We are an innovation leader. We’ve got 6,100 patents and patents pending in our portfolio. In most cases, our intellectual property goes into our own products and solutions. We also are leveraging our IP through licensing agreements and in some cases selling it. With 56 industry design awards for our Lifestyle products alone, it is clear that HARMAN’s reputation for exceptional performance, and design remains strong as well.
- #5 Here’s a look at HARMAN’s milestones Innovative: 1928 – World’s first talking movie premiers using JBL HD loudspeakers 1958 – Harman / Kardon releases the world’s first stereo receiver 1984 – JBL in Lincoln Town Car premieres as first OEM branded car audio system 2004 – Harman enables first Bluetooth wireless connectivity in the car 2013 - Symphony Teleca develops the first dual sided smartphone for Yota Award Winning: 2002 – Three JBL engineers receive Academy Awards 2014 – HARMAN wins GRAMMY for Lexicon; its third GRAMMY following wins for JBL and AKG Legendary Moments: 1969 – JBL powers first of three Woodstock music festivals 1983 – George Lucas selects JBL to develop the first THX licensed theater audio system 1991 – AKG takes to the stars when the "Audimir" space project uses AKG products for room simulation in outer space (space station MIR).
- #6 Over the last couple of years, you’ve been hearing us talk more and more about connected technologies – the convergence of the connected car, connected enterprise and connected lifestyle. This evolution was behind our acquisitions of Redbend and Symphony Teleca, recognizing the growing importance of software and services in this world of connectivity and the Internet of Things. The Connected Car, formerly Infotainment, reflects the broader embedded and integrated connected car experience that OEMs and their drivers want. Much more than infotainment, they want robust and intelligent telematics, safety and security solutions. The hacks we’ve been hearing about underscore the seriousness and importance of cyber security in the car, something we’ve been talking about for several years. Lifestyle Audio represents our branded audio products for consumers. Our portfolio of brands is incredibly strong and when automakers want to differentiate their cars and carlines, they come to HARMAN. Professional Solutions is a nuanced change but it’s significant, given our expansion into lighting, video switching and enterprise automation over the last few years. Now we are growing our presence in existing venues where we only had audio before and able to approach venues with whole house integrated solutions. Now structured around the two primary markets we serve, Entertainment and Enterprises, we believe the Professional Solutions division will be in an even better position to grow the business. Connected Services is our newest division that brings together our cloud, mobility and analytics capabilities to strengthen innovations across our other divisions and enable HARMAN to capitalize on opportunities in new markets that are now part of this connected world. As you can see, the margins are traditionally higher than those we have in our other divisions, and we believe that with HARMAN’s scale, we will see even more significant improvements on this metric. [go to next slide to discuss further]
- #8 Our iconic brands set us apart. Our anchor brands – JBL, AKG and Lexicon enjoy prominence in consumer and professional markets. Looking ahead, we’re going to invest in our HARMAN branding within the Connected Car and Connected Services spaces as well, making the new logo that much more important to helping us communicate our value proposition.
- #9 8
- #10 Our brands require investments to maintain their value for our customers. We have a multi-year relationship with the NBA and signed a few players as brand ambassadors , including MVP Steph Curry, who has given us great visibility among key influential demographics. Our brand ambassador approach with specific artists also are adding value to our brands and customers. We introduced the world’s first personalized headphones with Quincy Jones who also headlined a major event with BMW at our flagship store in NYC. And our flagships stores around the world – from Shanghai to Seoul to Moscow are proving to be excellent customer experience centers to promote our brands. M
- #11 Here’s a look at the artists who have used HARMAN products. From Frank Sinatra to Bruce Springsteen and U2 to Maroon 5. Did You Know?: Our Studer brand provided the equipment that recorded the Beatles legendary Sgt. Pepper album in 1967. Did You Know?: AKG headphones were used when Michael Jackson recorded his hit song Thriller
- #13 Four out of five luxury vehicles feature HARMAN technologies. Found in 25+ million cars on the road today. BMW: HARMAN’s largest customer globally. The Harman / Kardon branded audio system is available in the full line of BMW vehicles as of model year 2014. Lincoln: The Lincoln Motor Company announced an exclusive 10 year partnership with Revel brand to provide branded audio systems for its complete lineup of luxury vehicles, beginning with the next-gen Lincoln MKX Geely Motors: Extended its partnership to bring HARMAN infotainment into its new midsize sedans. The infotainment system will bring more applications into the vehicle by integrating with driver and passenger smartphones.