This document summarizes a presentation by Roger Fradin, President and CEO of ACS, at the Goldman Sachs Global Industrials Conference on November 6, 2008. It outlines ACS's businesses, strategies, trends, and growth initiatives. Key points include: ACS has a balanced portfolio across multiple industries and geographies, with strategies focused on global growth, innovation, and leveraging IT systems. The company is positioned to benefit from macro trends in buildings, homes, and industrial sectors. It has a strong and diversified presence across industry landscapes and channels. ACS is investing in new product development and acquisitions to drive growth.
This document provides an overview of Curtiss-Wright Corporation and why it is a good investment opportunity. It states that Curtiss-Wright is positioned for solid organic and acquisition-driven growth, supplies innovative critical technologies, and has long-standing customer relationships and a reputation as a trusted supplier. The presentation also provides financial projections showing sales growth from acquisitions and strong earnings growth through 2017.
Arrow Electronics Investor Day Presentationfinance16
The document summarizes Arrow's 2008 Investor Day presentation. It includes an agenda for the day-long event covering Arrow's strategic overview, transformation, global business segments, and financial review. The document discusses Arrow's strategy to diversify its product portfolio and geographic presence in enterprise computing solutions and components. It also reviews Arrow's operational improvements, financial targets, and priorities to pursue organic and acquisition growth opportunities globally.
Global Water Investment Conference June 20, 2012BSTRINGE
The name Xylem is derived from classical Greek and is the tissue that transports water in plants, highlighting the engineering efficiency of our water-centric business by linking it with the best water transportation of all -- that which occurs in nature
Paul Gifford, Vice President of Investor Relations at Gabelli, provides an overview of Goodrich Corporation. Goodrich has leadership positions across aerospace markets with 85% of sales in #1 or #2 market positions. Goodrich expects continued revenue growth over the next several years from commercial aerospace original equipment and aftermarket channels as well as regional jet and defense markets. Goodrich also expects to improve operating margins substantially through at least 2019 through volume leverage, operational excellence, and higher-margin aftermarket growth.
Lear Corporation held its annual meeting of stockholders on May 8, 2008. The agenda included presentations on major 2007 accomplishments, 2007 financial results and 2008 outlook, and corporate strategy and summary. For 2007 accomplishments, Lear highlighted significant restructuring progress, improved financial results and balance sheet strengthening, divesting its North American Interior business, and maintaining quality and innovation momentum. Lear's 2008 outlook projected net sales of approximately $15.5 billion and core operating earnings between $660-700 million, despite a forecasted 6% decline in North American auto production for the year. Lear's strategy focuses on leveraging its global scale and diversification to strengthen performance.
The document summarizes Patrick Campbell's presentation at the 2008 Citigroup Global Industrial Manufacturing Conference about 3M Company's performance and outlook. The presentation highlights 3M's track record of accelerated growth, premium returns, and enhanced shareholder value. It also reviews 3M's recent financial performance, diverse business portfolio, international operations, innovation initiatives, and financial strength to support continued growth in 2008.
SPX Flow Technology provides equipment and engineered solutions for the global food, beverage, and dairy market. The acquisition of APV increased SPX's sanitary market revenue base to over $1 billion and expanded their global presence, particularly in developing regions like China, Eastern Europe, and South America. SPX offers customers engineered components, skidded systems, and turnkey solutions that can be used throughout beverage and dairy processing and is well positioned to serve the steady growing global sanitary market.
The document summarizes a failed merger attempt between GE and Honeywell in 2001. The $40 billion merger would have been the largest industrial merger in history. However, the European Commission blocked the merger due to concerns about horizontal overlap, vertical integration, and conglomerate effects creating too strong of a combined entity with huge market share and near-monopoly in some markets. GE proposed some divestments to address issues but ultimately did not accept the EU's suggestions, causing the merger to fail.
This document provides an overview of Curtiss-Wright Corporation and why it is a good investment opportunity. It states that Curtiss-Wright is positioned for solid organic and acquisition-driven growth, supplies innovative critical technologies, and has long-standing customer relationships and a reputation as a trusted supplier. The presentation also provides financial projections showing sales growth from acquisitions and strong earnings growth through 2017.
Arrow Electronics Investor Day Presentationfinance16
The document summarizes Arrow's 2008 Investor Day presentation. It includes an agenda for the day-long event covering Arrow's strategic overview, transformation, global business segments, and financial review. The document discusses Arrow's strategy to diversify its product portfolio and geographic presence in enterprise computing solutions and components. It also reviews Arrow's operational improvements, financial targets, and priorities to pursue organic and acquisition growth opportunities globally.
Global Water Investment Conference June 20, 2012BSTRINGE
The name Xylem is derived from classical Greek and is the tissue that transports water in plants, highlighting the engineering efficiency of our water-centric business by linking it with the best water transportation of all -- that which occurs in nature
Paul Gifford, Vice President of Investor Relations at Gabelli, provides an overview of Goodrich Corporation. Goodrich has leadership positions across aerospace markets with 85% of sales in #1 or #2 market positions. Goodrich expects continued revenue growth over the next several years from commercial aerospace original equipment and aftermarket channels as well as regional jet and defense markets. Goodrich also expects to improve operating margins substantially through at least 2019 through volume leverage, operational excellence, and higher-margin aftermarket growth.
Lear Corporation held its annual meeting of stockholders on May 8, 2008. The agenda included presentations on major 2007 accomplishments, 2007 financial results and 2008 outlook, and corporate strategy and summary. For 2007 accomplishments, Lear highlighted significant restructuring progress, improved financial results and balance sheet strengthening, divesting its North American Interior business, and maintaining quality and innovation momentum. Lear's 2008 outlook projected net sales of approximately $15.5 billion and core operating earnings between $660-700 million, despite a forecasted 6% decline in North American auto production for the year. Lear's strategy focuses on leveraging its global scale and diversification to strengthen performance.
The document summarizes Patrick Campbell's presentation at the 2008 Citigroup Global Industrial Manufacturing Conference about 3M Company's performance and outlook. The presentation highlights 3M's track record of accelerated growth, premium returns, and enhanced shareholder value. It also reviews 3M's recent financial performance, diverse business portfolio, international operations, innovation initiatives, and financial strength to support continued growth in 2008.
SPX Flow Technology provides equipment and engineered solutions for the global food, beverage, and dairy market. The acquisition of APV increased SPX's sanitary market revenue base to over $1 billion and expanded their global presence, particularly in developing regions like China, Eastern Europe, and South America. SPX offers customers engineered components, skidded systems, and turnkey solutions that can be used throughout beverage and dairy processing and is well positioned to serve the steady growing global sanitary market.
The document summarizes a failed merger attempt between GE and Honeywell in 2001. The $40 billion merger would have been the largest industrial merger in history. However, the European Commission blocked the merger due to concerns about horizontal overlap, vertical integration, and conglomerate effects creating too strong of a combined entity with huge market share and near-monopoly in some markets. GE proposed some divestments to address issues but ultimately did not accept the EU's suggestions, causing the merger to fail.
TXU's fundamental business strategy is to transform into an industrial energy company focused on delivering top quartile financial performance across its three structurally advantaged businesses: generation, transmission & distribution, and retail. TXU has significant exposure to natural gas prices and heat rates due to its large baseload coal generation fleet, but this exposure is partially offset by its integrated retail business. TXU sees opportunities for mid and long term growth by improving operational excellence, implementing performance management, and optimizing its risk/return profile.
TXU's fundamental business strategy is to transform into an industrial energy company focused on delivering top quartile financial performance across its three structurally advantaged businesses: generation, transmission & distribution, and retail.
TXU has significant exposure to natural gas prices and heat rates due to its large baseload coal generation fleet, which produces power at a lower marginal cost than gas plants. However, the integration of its generation and retail businesses helps reduce volatility as the businesses' margins move in opposite directions with changing gas prices.
In the mid to long term, TXU aims to continue improving operational excellence across its businesses to enhance financial performance and total returns for shareholders.
The document is a presentation by Marshall Larsen, Chairman, President and CEO of Goodrich Corporation, at the Citigroup 20th Annual Global Industrial Manufacturing Conference on March 6, 2007. The presentation provides an overview of Goodrich, including its balanced portfolio across commercial and military markets, focus on operational excellence through initiatives like lean manufacturing and supply chain management, and strategic goals of achieving top quartile aerospace returns through balanced growth and leveraging its enterprise capabilities.
The document is a presentation by Marshall Larsen, Chairman, President and CEO of Goodrich Corporation, at the Citigroup 20th Annual Global Industrial Manufacturing Conference on March 6, 2007. The presentation provides an overview of Goodrich, including its balanced portfolio across commercial and military markets, focus on operational excellence through initiatives like lean manufacturing and supply chain management, and strategic goals of achieving top quartile aerospace returns through balanced growth and leveraging its enterprise capabilities.
The document provides an overview of a European non-deal road show presentation by Terex executives. It introduces the executive team members participating in the road show and provides forward-looking statements about Terex's business outlook. The presentation discusses Terex's strategy of building a stronger, more profitable company through improved capabilities, diverse end market exposure, and a focus on returning strong returns on invested capital. It highlights Terex's positioning for attractive long-term growth opportunities through its product segments, geographies, and ability to deliver value to customers.
The document provides an overview of Terex's 2008 European Non-deal Road Show. It includes:
1) Introductions of the Terex NDRS team members including Ron DeFeo, Tom Riordan, and Phil Widman.
2) Forward-looking statements about Terex's business outlook and non-GAAP financial measures.
3) A discussion of Terex's strategy to continue building a better company positioned for attractive growth opportunities by leveraging its diverse portfolio and executing on its initiatives.
The document provides an overview of Neenah Paper, Inc. (NP) which has two business segments: Technical Products and Fine Paper. Technical Products produces specialty and performance-based products for filtration, industrial backings, and labels. Fine Paper produces premium textured and colored papers for print communications, packaging, and crafting. NP pursues growth through leading niche markets, increasing portfolio diversification, and delivering consistent returns. Key investment drivers include leading market positions, pricing power, a recent brand acquisition providing growth, and strong cash flow generation.
Honeywell Barclays Capital Industrial Select Conference Presentationfinance8
This document summarizes Dave Anderson's presentation at the Barclays Capital Industrial Select Conference on February 9, 2009. It provides an overview of Honeywell, including its segments, financials, and key initiatives. It then reviews Honeywell's performance in 2008, provides guidance for 2009 in light of economic assumptions, and outlines Honeywell's strategies to drive sales and segment profit.
This document outlines the key functional areas and activities for building out a new telecom territory:
Market sizing involves understanding the market size, growth rates, and infrastructure needs. Market characteristics identification analyzes segmentation based on urban/rural, income levels, and other factors. Competitive structure profiling examines competitors' strategies, coverage, innovations, and financials. Product and pricing determines customer value based on competitive offerings and segments. Distribution design innovates approaches to achieve the required reach through efficient channel structures. The overall process involves opportunity identification, customer understanding, network and support infrastructure building, personnel appointment, and go-live implementation and integration.
1) The document discusses forward-looking statements and non-GAAP measures in Terex Corporation's presentation at the Baird Industrial Conference on November 12, 2008.
2) It provides Terex's purpose, mission, and vision statements, which focus on improving lives, delighting customers, attracting top talent, and being the most profitable and responsive company in the industry.
3) An overview of Terex discusses its diversified portfolio of equipment businesses, position in long-term trends, leadership in categories and industry, and leveraging its scale.
This document contains:
1) Forward-looking statements about Terex Corporation's financial performance that are subject to risks and uncertainties.
2) An overview of Terex's purpose, mission, and vision, which include improving lives, delighting customers, attracting top talent, and being the most profitable and responsive company.
3) Details about Terex's diversified portfolio of equipment businesses and its positioning in growing industries like construction and mining.
The document summarizes Dean Scarborough's presentation at the Lehman Brothers Industrial Select Conference on February 12, 2008. It provides an overview of Avery Dennison's portfolio and strategies across its Pressure-sensitive Materials, Retail Information Services, and Office and Consumer Products segments. It also discusses the Paxar acquisition, 2008 earnings outlook, expectations for increased free cash flow, and continued dividend growth.
This document discusses potential future revenue sources for telecommunications companies (telcos) in 2012. It identifies several key decision elements that will define the market, including customer preferences, macroeconomic conditions, regulation, and technology. These elements are interrelated and will influence revenue trends, with a focus shifting from network infrastructure to services at the network edge. The document also analyzes Cisco scenarios for 2012, with telcos focusing on reducing costs through measures like infrastructure sharing while pursuing new revenue from services enabled by technology improvements.
Honeywell Bank of America 36th Annual Investment Conference Presentationfinance8
Dave Anderson, Senior Vice President and CFO of Bank of America, presented at an investment conference on September 18, 2006. He discussed Honeywell's financial performance in the first half of 2006, with sales up 12% and segment profit up 23% compared to the first half of 2005. He also projected full year 2006 sales to increase around 12% to approximately $31 billion, and segment profit margin to expand to around 13.4%. Anderson emphasized Honeywell's focus on organic growth and margin expansion across its four business segments.
Xylem provides concise financial projections and targets for 2015 and beyond at a capital markets conference:
- Projected 2015 revenues of $4.5-5 billion and operating margin of 14.5-15.5%
- Target of 8-17% EPS growth in 2012 and long-term targeted annual revenue growth of 4-6% through organic and acquisition growth
- Goals of emerging markets contributing over 20% of revenues and continued operational improvements expanding margins 50-75 basis points annually
- Financial discipline aimed at nearly 100% free cash flow conversion to fund organic and acquisition growth and return value to shareholders
Cognizant is a global technology company founded in 1994 and headquartered in Teaneck, New Jersey. It has annual revenues of $2.8 billion and employs approximately 63,000 people across more than 40 global delivery centers. Cognizant provides a range of technology services including application development, integration and maintenance, IT infrastructure services, and technology consulting. The company focuses on industries like banking and financial services, healthcare and life sciences, and manufacturing.
Developing A Strategic Business Plan Part 2 (Pages 37 75)Earl Stevens
The document provides an overview of tools for developing a strategic business plan, including:
1. Assessing sources of competitive advantage through a capability platform analysis of physical assets, locations, distribution networks, brands, patents, relationships, innovation, competencies, positioning, cost management, and talent development.
2. Conducting a SWOT analysis to identify strengths, weaknesses, opportunities, and threats and determine how to leverage strengths, overcome weaknesses, seize opportunities, and mitigate threats.
3. Using Porter's Five Forces framework to analyze competitive forces including rivalry, potential new entrants, substitution threats, supplier power, and buyer power.
Dow Accelerates Implementation of its Transformational Strategy Presentationfinance5
Dow is accelerating its transformational strategy through restructuring actions to reduce costs. It will eliminate around 5,000 jobs, close 20 facilities, idle 180 plants, and reduce contractors by 6,000. This will generate an estimated $700 million restructuring charge but $700 million in annual savings by 2010. Total targeted operating cost reductions and synergies from the Rohm & Haas acquisition are $1.5 billion. Lower working capital, capital spending, and restructuring actions will reduce cash needs by $2.5 billion through 2009. Dow remains committed to its consistent dividend for shareholders.
The annual shareholder meeting agenda included presentations on Lear's profile and strategic evolution, product line strategies and operating priorities, and financial review and outlook. Lear is a global automotive supplier serving major automakers worldwide. It has undergone a strategic evolution from a seat manufacturer to a systems integrator and provider of total interior capabilities. In recent years, Lear has focused on growing its business in Asia and with Asian customers through new programs, facilities, and joint ventures. It is also working to improve the profitability of its interiors business and achieve a competitive cost structure through restructuring actions.
This document provides an overview of an investment analyst meeting held by Terex Corporation. The agenda outlines presentations on Terex's strategic overview, financial update, business operations, developing markets, and individual business segments. Terex positions itself as a diversified equipment manufacturer with businesses in aerial work platforms, construction, cranes, materials processing and mining, and other areas. It aims to benefit from long-term infrastructure growth trends and have a leading market presence in its categories. The meeting will provide analysts with details on Terex's businesses, markets, and financial and operating goals.
The document summarizes Alcoa's 1st quarter 2008 financial results and outlook. Key highlights include income from continuing operations of $303 million, revenues of $7.4 billion, and segment ATOI increasing 42% excluding packaging. Business conditions included lower aluminum prices, unfavorable currency and energy costs, and continued pressure in automotive. The outlook anticipates production increases and improved efficiencies. Alcoa reviews growth opportunities in aerospace, transportation, and infrastructure and discusses strategic priorities around profitable growth, competitive advantages, and disciplined execution.
- Alcoa reported income from continuing operations of $546 million or $0.66 per share for Q2 2008, an 80% increase over Q1 2008. Revenues increased 3% to $7.6 billion.
- Input costs continued to climb across the industry, with increases in caustic soda, calcined coke, fuel oil, and other materials. However, Alcoa saw double digit profit increases across all operating segments sequentially.
- Cash from operations exceeded $1 billion. The company repurchased $175 million in shares, reaching 10% of shares outstanding under the repurchase program. Global aluminum demand is expected to increase 7.9% in 2008 despite weakness in the US market.
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TXU's fundamental business strategy is to transform into an industrial energy company focused on delivering top quartile financial performance across its three structurally advantaged businesses: generation, transmission & distribution, and retail. TXU has significant exposure to natural gas prices and heat rates due to its large baseload coal generation fleet, but this exposure is partially offset by its integrated retail business. TXU sees opportunities for mid and long term growth by improving operational excellence, implementing performance management, and optimizing its risk/return profile.
TXU's fundamental business strategy is to transform into an industrial energy company focused on delivering top quartile financial performance across its three structurally advantaged businesses: generation, transmission & distribution, and retail.
TXU has significant exposure to natural gas prices and heat rates due to its large baseload coal generation fleet, which produces power at a lower marginal cost than gas plants. However, the integration of its generation and retail businesses helps reduce volatility as the businesses' margins move in opposite directions with changing gas prices.
In the mid to long term, TXU aims to continue improving operational excellence across its businesses to enhance financial performance and total returns for shareholders.
The document is a presentation by Marshall Larsen, Chairman, President and CEO of Goodrich Corporation, at the Citigroup 20th Annual Global Industrial Manufacturing Conference on March 6, 2007. The presentation provides an overview of Goodrich, including its balanced portfolio across commercial and military markets, focus on operational excellence through initiatives like lean manufacturing and supply chain management, and strategic goals of achieving top quartile aerospace returns through balanced growth and leveraging its enterprise capabilities.
The document is a presentation by Marshall Larsen, Chairman, President and CEO of Goodrich Corporation, at the Citigroup 20th Annual Global Industrial Manufacturing Conference on March 6, 2007. The presentation provides an overview of Goodrich, including its balanced portfolio across commercial and military markets, focus on operational excellence through initiatives like lean manufacturing and supply chain management, and strategic goals of achieving top quartile aerospace returns through balanced growth and leveraging its enterprise capabilities.
The document provides an overview of a European non-deal road show presentation by Terex executives. It introduces the executive team members participating in the road show and provides forward-looking statements about Terex's business outlook. The presentation discusses Terex's strategy of building a stronger, more profitable company through improved capabilities, diverse end market exposure, and a focus on returning strong returns on invested capital. It highlights Terex's positioning for attractive long-term growth opportunities through its product segments, geographies, and ability to deliver value to customers.
The document provides an overview of Terex's 2008 European Non-deal Road Show. It includes:
1) Introductions of the Terex NDRS team members including Ron DeFeo, Tom Riordan, and Phil Widman.
2) Forward-looking statements about Terex's business outlook and non-GAAP financial measures.
3) A discussion of Terex's strategy to continue building a better company positioned for attractive growth opportunities by leveraging its diverse portfolio and executing on its initiatives.
The document provides an overview of Neenah Paper, Inc. (NP) which has two business segments: Technical Products and Fine Paper. Technical Products produces specialty and performance-based products for filtration, industrial backings, and labels. Fine Paper produces premium textured and colored papers for print communications, packaging, and crafting. NP pursues growth through leading niche markets, increasing portfolio diversification, and delivering consistent returns. Key investment drivers include leading market positions, pricing power, a recent brand acquisition providing growth, and strong cash flow generation.
Honeywell Barclays Capital Industrial Select Conference Presentationfinance8
This document summarizes Dave Anderson's presentation at the Barclays Capital Industrial Select Conference on February 9, 2009. It provides an overview of Honeywell, including its segments, financials, and key initiatives. It then reviews Honeywell's performance in 2008, provides guidance for 2009 in light of economic assumptions, and outlines Honeywell's strategies to drive sales and segment profit.
This document outlines the key functional areas and activities for building out a new telecom territory:
Market sizing involves understanding the market size, growth rates, and infrastructure needs. Market characteristics identification analyzes segmentation based on urban/rural, income levels, and other factors. Competitive structure profiling examines competitors' strategies, coverage, innovations, and financials. Product and pricing determines customer value based on competitive offerings and segments. Distribution design innovates approaches to achieve the required reach through efficient channel structures. The overall process involves opportunity identification, customer understanding, network and support infrastructure building, personnel appointment, and go-live implementation and integration.
1) The document discusses forward-looking statements and non-GAAP measures in Terex Corporation's presentation at the Baird Industrial Conference on November 12, 2008.
2) It provides Terex's purpose, mission, and vision statements, which focus on improving lives, delighting customers, attracting top talent, and being the most profitable and responsive company in the industry.
3) An overview of Terex discusses its diversified portfolio of equipment businesses, position in long-term trends, leadership in categories and industry, and leveraging its scale.
This document contains:
1) Forward-looking statements about Terex Corporation's financial performance that are subject to risks and uncertainties.
2) An overview of Terex's purpose, mission, and vision, which include improving lives, delighting customers, attracting top talent, and being the most profitable and responsive company.
3) Details about Terex's diversified portfolio of equipment businesses and its positioning in growing industries like construction and mining.
The document summarizes Dean Scarborough's presentation at the Lehman Brothers Industrial Select Conference on February 12, 2008. It provides an overview of Avery Dennison's portfolio and strategies across its Pressure-sensitive Materials, Retail Information Services, and Office and Consumer Products segments. It also discusses the Paxar acquisition, 2008 earnings outlook, expectations for increased free cash flow, and continued dividend growth.
This document discusses potential future revenue sources for telecommunications companies (telcos) in 2012. It identifies several key decision elements that will define the market, including customer preferences, macroeconomic conditions, regulation, and technology. These elements are interrelated and will influence revenue trends, with a focus shifting from network infrastructure to services at the network edge. The document also analyzes Cisco scenarios for 2012, with telcos focusing on reducing costs through measures like infrastructure sharing while pursuing new revenue from services enabled by technology improvements.
Honeywell Bank of America 36th Annual Investment Conference Presentationfinance8
Dave Anderson, Senior Vice President and CFO of Bank of America, presented at an investment conference on September 18, 2006. He discussed Honeywell's financial performance in the first half of 2006, with sales up 12% and segment profit up 23% compared to the first half of 2005. He also projected full year 2006 sales to increase around 12% to approximately $31 billion, and segment profit margin to expand to around 13.4%. Anderson emphasized Honeywell's focus on organic growth and margin expansion across its four business segments.
Xylem provides concise financial projections and targets for 2015 and beyond at a capital markets conference:
- Projected 2015 revenues of $4.5-5 billion and operating margin of 14.5-15.5%
- Target of 8-17% EPS growth in 2012 and long-term targeted annual revenue growth of 4-6% through organic and acquisition growth
- Goals of emerging markets contributing over 20% of revenues and continued operational improvements expanding margins 50-75 basis points annually
- Financial discipline aimed at nearly 100% free cash flow conversion to fund organic and acquisition growth and return value to shareholders
Cognizant is a global technology company founded in 1994 and headquartered in Teaneck, New Jersey. It has annual revenues of $2.8 billion and employs approximately 63,000 people across more than 40 global delivery centers. Cognizant provides a range of technology services including application development, integration and maintenance, IT infrastructure services, and technology consulting. The company focuses on industries like banking and financial services, healthcare and life sciences, and manufacturing.
Developing A Strategic Business Plan Part 2 (Pages 37 75)Earl Stevens
The document provides an overview of tools for developing a strategic business plan, including:
1. Assessing sources of competitive advantage through a capability platform analysis of physical assets, locations, distribution networks, brands, patents, relationships, innovation, competencies, positioning, cost management, and talent development.
2. Conducting a SWOT analysis to identify strengths, weaknesses, opportunities, and threats and determine how to leverage strengths, overcome weaknesses, seize opportunities, and mitigate threats.
3. Using Porter's Five Forces framework to analyze competitive forces including rivalry, potential new entrants, substitution threats, supplier power, and buyer power.
Dow Accelerates Implementation of its Transformational Strategy Presentationfinance5
Dow is accelerating its transformational strategy through restructuring actions to reduce costs. It will eliminate around 5,000 jobs, close 20 facilities, idle 180 plants, and reduce contractors by 6,000. This will generate an estimated $700 million restructuring charge but $700 million in annual savings by 2010. Total targeted operating cost reductions and synergies from the Rohm & Haas acquisition are $1.5 billion. Lower working capital, capital spending, and restructuring actions will reduce cash needs by $2.5 billion through 2009. Dow remains committed to its consistent dividend for shareholders.
The annual shareholder meeting agenda included presentations on Lear's profile and strategic evolution, product line strategies and operating priorities, and financial review and outlook. Lear is a global automotive supplier serving major automakers worldwide. It has undergone a strategic evolution from a seat manufacturer to a systems integrator and provider of total interior capabilities. In recent years, Lear has focused on growing its business in Asia and with Asian customers through new programs, facilities, and joint ventures. It is also working to improve the profitability of its interiors business and achieve a competitive cost structure through restructuring actions.
This document provides an overview of an investment analyst meeting held by Terex Corporation. The agenda outlines presentations on Terex's strategic overview, financial update, business operations, developing markets, and individual business segments. Terex positions itself as a diversified equipment manufacturer with businesses in aerial work platforms, construction, cranes, materials processing and mining, and other areas. It aims to benefit from long-term infrastructure growth trends and have a leading market presence in its categories. The meeting will provide analysts with details on Terex's businesses, markets, and financial and operating goals.
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The document summarizes Alcoa's 1st quarter 2008 financial results and outlook. Key highlights include income from continuing operations of $303 million, revenues of $7.4 billion, and segment ATOI increasing 42% excluding packaging. Business conditions included lower aluminum prices, unfavorable currency and energy costs, and continued pressure in automotive. The outlook anticipates production increases and improved efficiencies. Alcoa reviews growth opportunities in aerospace, transportation, and infrastructure and discusses strategic priorities around profitable growth, competitive advantages, and disciplined execution.
- Alcoa reported income from continuing operations of $546 million or $0.66 per share for Q2 2008, an 80% increase over Q1 2008. Revenues increased 3% to $7.6 billion.
- Input costs continued to climb across the industry, with increases in caustic soda, calcined coke, fuel oil, and other materials. However, Alcoa saw double digit profit increases across all operating segments sequentially.
- Cash from operations exceeded $1 billion. The company repurchased $175 million in shares, reaching 10% of shares outstanding under the repurchase program. Global aluminum demand is expected to increase 7.9% in 2008 despite weakness in the US market.
- Alcoa reported net income of $268 million for 3Q 2008, which included $29 million for restructuring. Revenues were $7.2 billion, up from $6.5 billion in 3Q 2007 excluding divested businesses.
- The aluminum industry is facing significant increases in input costs such as caustic soda, calcined coke, ocean freight, and fuel oil. These rising costs have squeezed margins across the industry.
- Compared to 3Q 2007, Alcoa's income from continuing operations excluding special items fell from $340 million to $298 million due to higher costs that were only partially offset by productivity gains and price increases.
The document provides an overview of Alcoa's 4th quarter 2008 financial results and outlook for 1st quarter 2009. Key points include:
- 4Q 2008 loss from continuing operations of $929 million or $1.16 per share due to restructuring and impairment charges of $708 million.
- Revenue declined 18% sequentially to $5.7 billion on lower metal prices and market deterioration.
- Cash from operations was $608 million and cash on hand was $762 million.
- 1Q 2009 outlook includes further price declines and production cuts due to weak market conditions across key end markets.
The document summarizes Alcoa's annual shareholders meeting on May 8, 2008. It lists nominees for the board of directors to serve until 2011 and current directors. It also provides an executive council listing and forward-looking statements. Financial highlights from 2007 include record income and cash from operations. Q1 2008 results showed income from continuing operations of $303M excluding restructuring impacts. It outlines Alcoa's share repurchase program and total shareholder return, which outperformed indexes in 2007 and 2008 to date.
Alcoa endorses The Business Roundtable Principles of Corporate finance8
The document outlines principles of corporate governance established by The Business Roundtable. It discusses the roles and responsibilities of boards of directors, CEOs, management, stockholders, and other parties. The board's primary duties are selecting the CEO and overseeing management. Management runs day-to-day operations and informs the board of business status. Effective governance requires understanding these roles and their relationships with stockholders and other constituencies.
The Alcoa 1996 Annual Report provides the following information:
1) Alcoa's earnings in 1996 totaled $514.9 million with revenues of $13.1 billion and a return on equity of 11.6%. Before special charges, earnings were $637 million for a return on equity of 14.4%.
2) Over the past decade, Alcoa has made safety its top priority and has successfully reduced injury rates at its facilities around the world, demonstrating that continuous improvement is possible.
3) Alcoa has expanded its global operations over the past year through acquisitions and new contracts, and it aims to leverage its resources and technologies worldwide to remain the leader in the aluminum industry.
The document provides cable customer metrics and financial data for 2007 and 2008. It shows that the company gained over 4,000 revenue generating units (RGUs) in 2008 but lost 575 total video customers. Digital video customers and homes passed increased while average monthly revenue per video customer rose to $110.48. Total revenue increased over $2.5 billion from 2007 to 2008 while operating cash flow increased over $1 billion. Capital expenditures focused on growth areas like customer premise equipment and scalable infrastructure to support additional customers and services.
OJP data from firms like Vicinity Jobs have emerged as a complement to traditional sources of labour demand data, such as the Job Vacancy and Wages Survey (JVWS). Ibrahim Abuallail, PhD Candidate, University of Ottawa, presented research relating to bias in OJPs and a proposed approach to effectively adjust OJP data to complement existing official data (such as from the JVWS) and improve the measurement of labour demand.
Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...AntoniaOwensDetwiler
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
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University of North Carolina at Charlotte degree offer diploma Transcripttscdzuip
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A toxic combination of 15 years of low growth, and four decades of high inequality, has left Britain poorer and falling behind its peers. Productivity growth is weak and public investment is low, while wages today are no higher than they were before the financial crisis. Britain needs a new economic strategy to lift itself out of stagnation.
Scotland is in many ways a microcosm of this challenge. It has become a hub for creative industries, is home to several world-class universities and a thriving community of businesses – strengths that need to be harness and leveraged. But it also has high levels of deprivation, with homelessness reaching a record high and nearly half a million people living in very deep poverty last year. Scotland won’t be truly thriving unless it finds ways to ensure that all its inhabitants benefit from growth and investment. This is the central challenge facing policy makers both in Holyrood and Westminster.
What should a new national economic strategy for Scotland include? What would the pursuit of stronger economic growth mean for local, national and UK-wide policy makers? How will economic change affect the jobs we do, the places we live and the businesses we work for? And what are the prospects for cities like Glasgow, and nations like Scotland, in rising to these challenges?
Economic Risk Factor Update: June 2024 [SlideShare]Commonwealth
May’s reports showed signs of continued economic growth, said Sam Millette, director, fixed income, in his latest Economic Risk Factor Update.
For more market updates, subscribe to The Independent Market Observer at https://blog.commonwealth.com/independent-market-observer.
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
New Visa Rules for Tourists and Students in Thailand | Amit Kakkar Easy VisaAmit Kakkar
Discover essential details about Thailand's recent visa policy changes, tailored for tourists and students. Amit Kakkar Easy Visa provides a comprehensive overview of new requirements, application processes, and tips to ensure a smooth transition for all travelers.
2. Forward Looking Statements
This report contains “forward-looking statements” within the meaning of Section
21E of the Securities Exchange Act of 1934. All statements, other than
statements of fact, that address activities, events or developments that we or
our management intend, expect, project, believe or anticipate will or may occur
in the future are forward-looking statements. Forward-looking statements are
based on management’s assumptions and assessments in light of past
experience and trends, current economic and industry conditions, expected
future developments and other relevant factors. They are not guarantees of
future performance, and actual results, developments and business decisions
may differ from those envisaged by our forward-looking statements. Our
forward-looking statements are also subject to risks and uncertainties, which
can affect our performance in both the near- and long-term. We identify the
principal risks and uncertainties that affect our performance in our Form 10-K
and other filings with the Securities and Exchange Commission.
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3. Honeywell Today
2008E Sales: $37.2B* Geographic Split
Transportation
Automation &
Systems
Control Non-US
Systems
13% Specialty
38%
15% Materials
34%
Aerospace
US
*Represents 10/17/08 guidance
Key Strategies Cash Deployment Since 2003
• Great Positions In Good Industries • $7B+ Acquisitions
– New Platforms, Higher Growth
• Global Growth and Innovation
• $8B+ Share Repurchases
• HOS Implementation (Early Stage)
• $3B+ Dividends
• FT / ERP Leverage
Balanced, Global Portfolio
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4. Favorable Macro Trends
Macro Trends HON Position
Buildings
• Energy Costs • Broad Content / Coverage
• Safety / Security • Multi-Channel / Brand Strategy
• Regulation / Codes • 25K Contracts (HBS)
Homes
• Premier Brands
• Convenience / Control
• Product Breadth / Vitality
• Energy Efficiency
• Channel Access / Partners
• Technology
Industrial
• $17B Installed Base (HPS)
• Productivity
• Advanced Solutions
• Safety / Security
• Product Breadth / Sensors
• Monitor / Control
Positioned To Capitalize On Key Trends
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5. Strength Through Diversification
By Business By Channel By Geography
Distribution EMEA
HPS ECC
Products
Asia
Services
S&C
HLS
HBS NA
Projects
HSG
By Vertical* By Sale* Summary
ROW
NA
Retrofit
Residential
Industrial
• 60% Products / 40% Solutions
ROW • Global Presence
Commercial
NA
• Multi-Channel Strength
Commercial
• Significant Retrofit Business
ROW
NA New
• End-Market Diversification
Industrial
Residential
*Management Estimates
Well Balanced ACS Portfolio
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6. Strong Presence Across Industry Landscape
Products Projects & Services
nt ing
lu i n g
nt ort
lu ss
Co ome
ns
ns
y
g
ls
ls
s
r it
So oce
in
em
Co mf
Co uild
So uild
ti o
ti o
ro
ro
cu
Sy re
ns
H
st
Pr
Fi
Se
B
B
Se
Honeywell
Emerson
GE
Johnson Controls
Schneider
Siemens
Tyco
UTC
Industry Growth % 2-4 2-4 3-5 5-6 5-6 6-7 4
ACS 2007
Growth % 9 2 15 18 17 18
Extending Leadership In Key Segments
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7. Investing For Growth: New Product Development
• New Product Introductions Tripled Since 2002
Reinvigorated New Product
• Vitality Index 30% in 2007
Development Process
• 50% Increase in Development Capacity
Delivering R&D Efficiency • Reduced New Product Cycle Time by 30%
Through Common
• 2,000+ Engineers in Global Design Centers
Processes
Improving Product Cost • Value Engineering / Component Engineering
Through Value and
• Commodity Engineering Leveraging ACS Scale
Commodity Engineering
Innovation A Key ACS Differentiator
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8. Investing For Growth: Acquisitions
Proven Acquisition Track
• ~40 ACS Acquisitions Since 2002
Record
– Disciplined Global Process • Great Acquisition Platforms and Pipelines
– Aggressive Integration Focus
• ~$4B Revenues Acquired Since 2002
Strong Contributor to ACS
• Deals Executed in 13 Countries, Including India and
Growth China
– Complements Organic Profile • Adjacencies expanding addressable market
– Emerging Market Opportunities
• 2008: Another Strong Deal Year
• Core
– Controls (ECC + Novar + Maxon)
Continue to Target
– Distribution (ADI + Gardiner + Burtek)
Attractive Bolt-On Deals
• Adjacencies
– Strengthen Core
– Gas Detection (Zellweger + FT)
– Attractive Adjacencies – Wiring Devices and Lighting Controls (ED&S, ExOr, Lonon)
– AIDC (Hand Held + Metrologic)
– Personal Protection Equipment (Norcross)
Acquisitions Core Competency
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