ITT Corporation held its 2012 Annual Spring Conference on May 21, 2012. The document provided an overview of ITT's Electrical Products Group, including its diversified business segments, global reach, end market participation, and growth drivers. It also presented ITT's 2012 financial outlook, highlighting expectations for organic revenue growth of 5-7%, adjusted segment operating margin expansion, and adjusted EPS growth. Q1 2012 results showed continued revenue growth of 8% year-over-year.
Barclays Capital Industrial Select Conferencefinance40
SPX provides guidance for 2009 financial results amid an uncertain global economic environment. It expects organic revenue to decline 5% to be flat compared to 2008. Key segments like tools and diagnostics and general industrial are expected to decline the most. SPX will focus restructuring efforts in 2009, targeting $65 million in actions to reduce workforce by around 10%. Guidance forecasts challenges from slowing end markets but SPX is well-positioned with a disciplined strategy and $3.4 billion backlog.
SPX provided guidance for 2009 in light of an uncertain global economic environment. It expects organic revenue to decline 5% but sees long-term growth of 4-6%. SPX will focus restructuring efforts in 2009, targeting $65M in actions to reduce its global workforce by around 10%. Guidance for 2009 EPS is $5.40-$5.80 and free cash flow is $230-$270M, assuming a continued global economic recession with 1% GDP growth.
Exterran provides compression and production services to oil and gas companies globally. In the presentation, Exterran outlines its strategic initiatives to improve profitability through better cost management and disciplined growth. It is focusing on increasing margins in its contract operations and fabrication businesses. Exterran is also managing its portfolio of businesses by potentially selling some assets and adding others to focus on core operations and reduce debt. The company expects its strategic initiatives will lead to continued growth and improved financial and operational performance going forward.
The document provides an overview of Pepco Holdings Inc.'s (PHI) power delivery business and regulatory environment. It summarizes PHI's sales and customer growth projections, infrastructure investment strategy including the proposed Mid-Atlantic Power Pathway transmission project and Blueprint for the Future initiative. Recent distribution rate case outcomes for PHI's utilities are also summarized. The document is intended as a presentation for investors on PHI's positioned for success through its regulated electric and gas delivery business.
Rockwell Automation had strong financial results in 2006, with sales increasing 11% to $5.6 billion and earnings per share growing 25% to $3.49. The company continued executing its long-term growth strategy focused on integrated architecture, intelligent motor control, and global expansion. Rockwell also drove productivity gains and reinvested savings to support organic growth. It completed three acquisitions and announced the planned $1.8 billion sale of its Power Systems business to Baldor Electric.
The document summarizes the key findings of a 2010 supply chain survey. It finds that: (1) Half of companies do not review their supply chain strategy as often as needed; (2) One-third of companies do not have future proof plans to account for various possibilities in the next few years; (3) More than half of companies are concerned with inventory costs and transportation costs. The document provides recommendations around measuring, assessing, planning and developing robust strategies to manage risks and variability in an uncertain future.
- U.S. Cellular reported a net loss of $45.4 million for Q4 2013 compared to adjusted income before taxes of $153.6 million in Q4 2012.
- Key priorities for 2014 include driving subscriber growth, differentiating through value propositions, and focusing on equipment subsidies and cost management.
- TDS Telecom revenues increased 23% year-over-year to $271.9 million in Q4 2013 due to growth from cable and hosted/managed services acquisitions.
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.
Barclays Capital Industrial Select Conferencefinance40
SPX provides guidance for 2009 financial results amid an uncertain global economic environment. It expects organic revenue to decline 5% to be flat compared to 2008. Key segments like tools and diagnostics and general industrial are expected to decline the most. SPX will focus restructuring efforts in 2009, targeting $65 million in actions to reduce workforce by around 10%. Guidance forecasts challenges from slowing end markets but SPX is well-positioned with a disciplined strategy and $3.4 billion backlog.
SPX provided guidance for 2009 in light of an uncertain global economic environment. It expects organic revenue to decline 5% but sees long-term growth of 4-6%. SPX will focus restructuring efforts in 2009, targeting $65M in actions to reduce its global workforce by around 10%. Guidance for 2009 EPS is $5.40-$5.80 and free cash flow is $230-$270M, assuming a continued global economic recession with 1% GDP growth.
Exterran provides compression and production services to oil and gas companies globally. In the presentation, Exterran outlines its strategic initiatives to improve profitability through better cost management and disciplined growth. It is focusing on increasing margins in its contract operations and fabrication businesses. Exterran is also managing its portfolio of businesses by potentially selling some assets and adding others to focus on core operations and reduce debt. The company expects its strategic initiatives will lead to continued growth and improved financial and operational performance going forward.
The document provides an overview of Pepco Holdings Inc.'s (PHI) power delivery business and regulatory environment. It summarizes PHI's sales and customer growth projections, infrastructure investment strategy including the proposed Mid-Atlantic Power Pathway transmission project and Blueprint for the Future initiative. Recent distribution rate case outcomes for PHI's utilities are also summarized. The document is intended as a presentation for investors on PHI's positioned for success through its regulated electric and gas delivery business.
Rockwell Automation had strong financial results in 2006, with sales increasing 11% to $5.6 billion and earnings per share growing 25% to $3.49. The company continued executing its long-term growth strategy focused on integrated architecture, intelligent motor control, and global expansion. Rockwell also drove productivity gains and reinvested savings to support organic growth. It completed three acquisitions and announced the planned $1.8 billion sale of its Power Systems business to Baldor Electric.
The document summarizes the key findings of a 2010 supply chain survey. It finds that: (1) Half of companies do not review their supply chain strategy as often as needed; (2) One-third of companies do not have future proof plans to account for various possibilities in the next few years; (3) More than half of companies are concerned with inventory costs and transportation costs. The document provides recommendations around measuring, assessing, planning and developing robust strategies to manage risks and variability in an uncertain future.
- U.S. Cellular reported a net loss of $45.4 million for Q4 2013 compared to adjusted income before taxes of $153.6 million in Q4 2012.
- Key priorities for 2014 include driving subscriber growth, differentiating through value propositions, and focusing on equipment subsidies and cost management.
- TDS Telecom revenues increased 23% year-over-year to $271.9 million in Q4 2013 due to growth from cable and hosted/managed services acquisitions.
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.
ITT Corporation held an earnings call on February 29, 2012 to discuss Q4 2011 earnings and provide 2012 guidance. Key highlights from 2011 included 9% organic revenue growth, 13% organic order growth, record backlog, and a 23% increase in adjusted pro forma EPS. The company completed its transformation to a diversified global industrial company and is positioned for long-term growth with a strong balance sheet and $690 million in cash. Significant strategic progress was made in 2011 through focused emerging market expansion, aftermarket capture, new product technology investments, and operational excellence.
Ply Gem Holdings, Inc. presented an investor presentation in November 2015. The presentation discussed Ply Gem's position as one of the largest manufacturers of exterior building and home improvement products in North America with over $1.8 billion in net sales. It also contained forward-looking statements about Ply Gem's financial projections, discussed its product portfolio and brands, and provided an overview of the North American housing and siding markets. The presentation showed that industry forecasts called for an increase in U.S. single-family home starts in 2015-2017 and highlighted vinyl siding as the dominant siding product in North America, comprising over 75% of the Northeast market.
The corporate presentation provides an overview of Symantec Corporation and its strategy, financial performance, products, and corporate responsibility efforts. It discusses [1] Symantec's key strengths, global intelligence network, and vision to protect what matters; [2] its financial results and growth priorities; and [3] plans to strengthen its offerings through increased R&D, right-for-me offerings, and an improved customer experience.
This corporate presentation outlines Symantec's new strategy to strengthen its offerings by investing more in R&D, improving the customer experience, providing right-for-me offerings, and addressing broader customer needs through new integrated modular offerings. The strategy aims to accelerate organic growth above 5% annually and expand operating margins. Symantec will also simplify its organization and go-to-market approach to better serve customers and partners.
The document provides an overview of Symantec's corporate presentation. It discusses Symantec's plans to strengthen its offerings by increasing R&D spending, improving the customer experience, developing new integrated and modular offerings tailored for specific customer needs, and simplifying its go-to-market strategy. The presentation outlines Symantec's financial objectives of achieving 5% organic growth annually through FY2017 and increasing non-GAAP operating margins by 200 basis points in FY2014 and FY2015.
ITT Corporation reported Q2 2012 results that exceeded expectations. Revenue increased 3% to $568 million driven by 6% organic growth. Adjusted EPS was $0.50, up 8% from the prior year. Segment operating margins declined 260 basis points to 12.3% due to recurring spin costs, volume declines in connectors, and negative project mix shifts. However, orders increased at Motion Technologies and Interconnect Solutions, and backlog remained strong at $500 million for Industrial Process.
This corporate presentation discusses Symantec's strategy to execute a new business approach, implement organizational changes, and project financial results. It notes that some statements in the presentation regarding intentions and projections constitute forward-looking statements that are subject to risks and uncertainties. The presentation also provides an overview of Symantec's financial performance, operations, strengths, and corporate responsibility efforts. It outlines Symantec's vision to protect digital information so people and businesses can focus on their goals. The presentation proposes strengthening offerings through increased R&D, improved customer experience, tailored solutions, and new integrated products to better address customer needs across security, productivity, and information management.
This presentation provides an overview of Entegris' 2021 Investor and Analyst Update. It discusses capturing growth through multiple drivers that are serving rapidly expanding semiconductor and new markets. It highlights financial strength and flexibility achieved through strong revenue growth outpacing the market and significant EBITDA flow through. The presentation also covers emerging growth vectors in life sciences, targeted acquisitions, corporate social responsibility progress, and financial results demonstrating compounding value.
ITT Corporation reported strong Q1 2012 results that exceeded expectations. Revenue grew 8% year-over-year to $577 million, driven by 9% organic growth. Adjusted EPS was $0.39, down 13% due to recurring spin costs and negative foreign exchange impacts. Segment margins declined 270 basis points to 11.3% due to connector volume declines and investments, though productivity gains partially offset cost increases. The company maintained its 2012 guidance for 5-7% organic revenue growth and adjusted EPS of $1.62-$1.72.
nCino is a cloud banking platform that helps banks streamline loan origination and other processes. It has reduced loan closing times by 34% and increased staff efficiency by 22% for clients like Live Oak Bank. nCino partners with Salesforce to leverage its scalable and secure Force.com platform. During the demonstration, nCino showed how its platform automates workflows and provides a single view of the customer for banks. Greenway Medical Technologies also partners with Salesforce and an innovation partner to build PrimePATIENT, a consumer portal that gives patients access to their medical records and engages them in their healthcare.
Paul Huck presented Air Products' performance in fiscal year 2008. Key points include:
- Sales were $10.4 billion, up 14% from the prior year, with continued double-digit earnings growth.
- The company has a diverse portfolio across markets and geographies.
- Air Products aims to deliver profitable growth through long-term contracts, new investments, and margin improvement initiatives. The goal is 17% operating margins by 2010.
- Business segments like Merchant Gases, Electronics, and Tonnage Gases saw solid growth and improving returns in 2008 and the outlook for 2009 and beyond remains positive.
Practicalities in Delivering World Class FinanceDan French
‘Optimising Finance Processes without costly change’
The keys to success in the World Class Finance Journey is the topic of this joint webcast between Consider Solutions and The Hackett Group. Surveys show CFO priorities remain focused on reducing costs, driving process efficiency and effectiveness and improving business insight and management decision support. However,
- How do we measure ‘world class’ and what are the practicalities in achieving this state?
- Can we do this without costly, structural change?
- What are the strategies, tactics and techniques?
David Mitchell, an experience Principal at The Hackett Group, explores best practices, innovative tools and proven approaches to drive process improvement and cost efficiency. Hear David and Dan french, CEO at Consider Solutions, as they go through:
- Defining and benchmarking world class performance
- Designing/Refining the optimal model for the organisation
- Identifying and prioritising Quick Wins through process performance analysis
This executive briefing is an excellent opportunity for all senior finance professionals embarking on the journey to World Class Finance.
Sierra Wireless Corporate Overview - November 2013Sierra Wireless
Sierra Wireless provides a corporate overview and highlights their leadership in the M2M market. Some key points:
- Sierra Wireless is the #1 provider of M2M embedded modules with 24% market share and has shipped over 50 million devices.
- They offer a comprehensive portfolio of intelligent devices and a secure cloud platform to help customers develop connected solutions.
- Emerging growth areas include automotive telematics, smart metering, fleet management, and healthcare/wellness applications.
- Sierra Wireless reported record Q3 revenue of $112 million, a 12% increase year-over-year, and maintained a strong cash position of $188 million with no debt.
Novell provides a Q2 2010 financial update. It reports consistent margin improvement over the past three years, with gross margin reaching 80% and operating margin reaching 16%. Product revenue grew 54% from the prior year. Novell addresses key customer challenges around managing workloads across physical, virtual and cloud environments through its intelligent workload management solutions. It aims to be the leader in this emerging category and grow revenue while expanding margins.
The document discusses sustainability and outlines strategies for print service providers to improve their economic, environmental and social performance. It defines sustainability as going beyond compliance to continually improve the triple bottom line. It then provides an overview of why sustainability has become important to various stakeholders like consumers, shareholders, governments. It also discusses where the industry currently stands in terms of sustainability efforts and outlines practical steps print service providers can take to integrate sustainability into their business models, operations and culture.
This corporate presentation outlines Symantec's plans to strengthen its offerings, go-to-market strategy, and financial objectives. Key points include: developing new integrated, modular offerings that solve broader customer needs; simplifying the customer experience and offering tailored solutions; expanding research and development to fuel innovation; and aiming for over 5% organic revenue growth and 30% operating margins by 2017. The presentation also highlights Symantec's global scale, leadership in security and information management, and commitment to corporate responsibility.
Tom Lynch, CEO of TE Connectivity, presented at the Sanford C. Bernstein Strategic Decisions Conference in May 2015. The presentation contained forward-looking statements about TE's financial performance, including organic sales growth targets of 5-7% and double-digit earnings growth. It also discussed TE's focus on harsh environment applications, recent acquisitions, and track record of consistent performance and shareholder returns through operating margin expansion and strong free cash flow generation.
The document provides an overview of Dynamic Materials Corporation (DMC) and includes cautionary statements about forward-looking projections. It discusses DMC's three business segments, financial highlights, global operations, and competing cladding technologies. DMC is a leading provider of explosion-welded metal plates and has operations in explosive metalworking, oilfield products, and welding. The document reviews DMC's markets, growth strategy, and historical financial and operational performance.
This document provides an investor presentation by Arista Networks for October 2022. It begins with legal disclaimers around forward-looking statements and non-GAAP financial measures. Then, it summarizes that Arista is a leader in data-driven networking, with a large market opportunity and scalable architecture that drives lower total cost of ownership. It is expanding into adjacent markets and product/customer diversification while maintaining operational efficiency and profitable growth.
This document provides an overview and cautionary statements for DMC's presentation at an industrial conference. It summarizes DMC's business segments, global presence, and financial highlights. The document also cautions readers that DMC's forward-looking statements are based on management's current assessments and involve risks and uncertainties that could cause actual results to differ materially.
The E-Way Bill revolutionizes logistics by digitizing the documentation of goods transport, ensuring transparency, tax compliance, and streamlined processes. This mandatory, electronic system reduces delays, enhances accountability, and combats tax evasion, benefiting businesses and authorities alike. Embrace the E-Way Bill for efficient, reliable transportation operations.
ITT Corporation held an earnings call on February 29, 2012 to discuss Q4 2011 earnings and provide 2012 guidance. Key highlights from 2011 included 9% organic revenue growth, 13% organic order growth, record backlog, and a 23% increase in adjusted pro forma EPS. The company completed its transformation to a diversified global industrial company and is positioned for long-term growth with a strong balance sheet and $690 million in cash. Significant strategic progress was made in 2011 through focused emerging market expansion, aftermarket capture, new product technology investments, and operational excellence.
Ply Gem Holdings, Inc. presented an investor presentation in November 2015. The presentation discussed Ply Gem's position as one of the largest manufacturers of exterior building and home improvement products in North America with over $1.8 billion in net sales. It also contained forward-looking statements about Ply Gem's financial projections, discussed its product portfolio and brands, and provided an overview of the North American housing and siding markets. The presentation showed that industry forecasts called for an increase in U.S. single-family home starts in 2015-2017 and highlighted vinyl siding as the dominant siding product in North America, comprising over 75% of the Northeast market.
The corporate presentation provides an overview of Symantec Corporation and its strategy, financial performance, products, and corporate responsibility efforts. It discusses [1] Symantec's key strengths, global intelligence network, and vision to protect what matters; [2] its financial results and growth priorities; and [3] plans to strengthen its offerings through increased R&D, right-for-me offerings, and an improved customer experience.
This corporate presentation outlines Symantec's new strategy to strengthen its offerings by investing more in R&D, improving the customer experience, providing right-for-me offerings, and addressing broader customer needs through new integrated modular offerings. The strategy aims to accelerate organic growth above 5% annually and expand operating margins. Symantec will also simplify its organization and go-to-market approach to better serve customers and partners.
The document provides an overview of Symantec's corporate presentation. It discusses Symantec's plans to strengthen its offerings by increasing R&D spending, improving the customer experience, developing new integrated and modular offerings tailored for specific customer needs, and simplifying its go-to-market strategy. The presentation outlines Symantec's financial objectives of achieving 5% organic growth annually through FY2017 and increasing non-GAAP operating margins by 200 basis points in FY2014 and FY2015.
ITT Corporation reported Q2 2012 results that exceeded expectations. Revenue increased 3% to $568 million driven by 6% organic growth. Adjusted EPS was $0.50, up 8% from the prior year. Segment operating margins declined 260 basis points to 12.3% due to recurring spin costs, volume declines in connectors, and negative project mix shifts. However, orders increased at Motion Technologies and Interconnect Solutions, and backlog remained strong at $500 million for Industrial Process.
This corporate presentation discusses Symantec's strategy to execute a new business approach, implement organizational changes, and project financial results. It notes that some statements in the presentation regarding intentions and projections constitute forward-looking statements that are subject to risks and uncertainties. The presentation also provides an overview of Symantec's financial performance, operations, strengths, and corporate responsibility efforts. It outlines Symantec's vision to protect digital information so people and businesses can focus on their goals. The presentation proposes strengthening offerings through increased R&D, improved customer experience, tailored solutions, and new integrated products to better address customer needs across security, productivity, and information management.
This presentation provides an overview of Entegris' 2021 Investor and Analyst Update. It discusses capturing growth through multiple drivers that are serving rapidly expanding semiconductor and new markets. It highlights financial strength and flexibility achieved through strong revenue growth outpacing the market and significant EBITDA flow through. The presentation also covers emerging growth vectors in life sciences, targeted acquisitions, corporate social responsibility progress, and financial results demonstrating compounding value.
ITT Corporation reported strong Q1 2012 results that exceeded expectations. Revenue grew 8% year-over-year to $577 million, driven by 9% organic growth. Adjusted EPS was $0.39, down 13% due to recurring spin costs and negative foreign exchange impacts. Segment margins declined 270 basis points to 11.3% due to connector volume declines and investments, though productivity gains partially offset cost increases. The company maintained its 2012 guidance for 5-7% organic revenue growth and adjusted EPS of $1.62-$1.72.
nCino is a cloud banking platform that helps banks streamline loan origination and other processes. It has reduced loan closing times by 34% and increased staff efficiency by 22% for clients like Live Oak Bank. nCino partners with Salesforce to leverage its scalable and secure Force.com platform. During the demonstration, nCino showed how its platform automates workflows and provides a single view of the customer for banks. Greenway Medical Technologies also partners with Salesforce and an innovation partner to build PrimePATIENT, a consumer portal that gives patients access to their medical records and engages them in their healthcare.
Paul Huck presented Air Products' performance in fiscal year 2008. Key points include:
- Sales were $10.4 billion, up 14% from the prior year, with continued double-digit earnings growth.
- The company has a diverse portfolio across markets and geographies.
- Air Products aims to deliver profitable growth through long-term contracts, new investments, and margin improvement initiatives. The goal is 17% operating margins by 2010.
- Business segments like Merchant Gases, Electronics, and Tonnage Gases saw solid growth and improving returns in 2008 and the outlook for 2009 and beyond remains positive.
Practicalities in Delivering World Class FinanceDan French
‘Optimising Finance Processes without costly change’
The keys to success in the World Class Finance Journey is the topic of this joint webcast between Consider Solutions and The Hackett Group. Surveys show CFO priorities remain focused on reducing costs, driving process efficiency and effectiveness and improving business insight and management decision support. However,
- How do we measure ‘world class’ and what are the practicalities in achieving this state?
- Can we do this without costly, structural change?
- What are the strategies, tactics and techniques?
David Mitchell, an experience Principal at The Hackett Group, explores best practices, innovative tools and proven approaches to drive process improvement and cost efficiency. Hear David and Dan french, CEO at Consider Solutions, as they go through:
- Defining and benchmarking world class performance
- Designing/Refining the optimal model for the organisation
- Identifying and prioritising Quick Wins through process performance analysis
This executive briefing is an excellent opportunity for all senior finance professionals embarking on the journey to World Class Finance.
Sierra Wireless Corporate Overview - November 2013Sierra Wireless
Sierra Wireless provides a corporate overview and highlights their leadership in the M2M market. Some key points:
- Sierra Wireless is the #1 provider of M2M embedded modules with 24% market share and has shipped over 50 million devices.
- They offer a comprehensive portfolio of intelligent devices and a secure cloud platform to help customers develop connected solutions.
- Emerging growth areas include automotive telematics, smart metering, fleet management, and healthcare/wellness applications.
- Sierra Wireless reported record Q3 revenue of $112 million, a 12% increase year-over-year, and maintained a strong cash position of $188 million with no debt.
Novell provides a Q2 2010 financial update. It reports consistent margin improvement over the past three years, with gross margin reaching 80% and operating margin reaching 16%. Product revenue grew 54% from the prior year. Novell addresses key customer challenges around managing workloads across physical, virtual and cloud environments through its intelligent workload management solutions. It aims to be the leader in this emerging category and grow revenue while expanding margins.
The document discusses sustainability and outlines strategies for print service providers to improve their economic, environmental and social performance. It defines sustainability as going beyond compliance to continually improve the triple bottom line. It then provides an overview of why sustainability has become important to various stakeholders like consumers, shareholders, governments. It also discusses where the industry currently stands in terms of sustainability efforts and outlines practical steps print service providers can take to integrate sustainability into their business models, operations and culture.
This corporate presentation outlines Symantec's plans to strengthen its offerings, go-to-market strategy, and financial objectives. Key points include: developing new integrated, modular offerings that solve broader customer needs; simplifying the customer experience and offering tailored solutions; expanding research and development to fuel innovation; and aiming for over 5% organic revenue growth and 30% operating margins by 2017. The presentation also highlights Symantec's global scale, leadership in security and information management, and commitment to corporate responsibility.
Tom Lynch, CEO of TE Connectivity, presented at the Sanford C. Bernstein Strategic Decisions Conference in May 2015. The presentation contained forward-looking statements about TE's financial performance, including organic sales growth targets of 5-7% and double-digit earnings growth. It also discussed TE's focus on harsh environment applications, recent acquisitions, and track record of consistent performance and shareholder returns through operating margin expansion and strong free cash flow generation.
The document provides an overview of Dynamic Materials Corporation (DMC) and includes cautionary statements about forward-looking projections. It discusses DMC's three business segments, financial highlights, global operations, and competing cladding technologies. DMC is a leading provider of explosion-welded metal plates and has operations in explosive metalworking, oilfield products, and welding. The document reviews DMC's markets, growth strategy, and historical financial and operational performance.
This document provides an investor presentation by Arista Networks for October 2022. It begins with legal disclaimers around forward-looking statements and non-GAAP financial measures. Then, it summarizes that Arista is a leader in data-driven networking, with a large market opportunity and scalable architecture that drives lower total cost of ownership. It is expanding into adjacent markets and product/customer diversification while maintaining operational efficiency and profitable growth.
This document provides an overview and cautionary statements for DMC's presentation at an industrial conference. It summarizes DMC's business segments, global presence, and financial highlights. The document also cautions readers that DMC's forward-looking statements are based on management's current assessments and involve risks and uncertainties that could cause actual results to differ materially.
Similar to ITT Corporation Electrical Products Group 2012 Annual Spring Conference (20)
The E-Way Bill revolutionizes logistics by digitizing the documentation of goods transport, ensuring transparency, tax compliance, and streamlined processes. This mandatory, electronic system reduces delays, enhances accountability, and combats tax evasion, benefiting businesses and authorities alike. Embrace the E-Way Bill for efficient, reliable transportation operations.
MUTUAL FUNDS (ICICI Prudential Mutual Fund) BY JAMES RODRIGUESWilliamRodrigues148
Mutual funds are investment vehicles that pool money from multiple investors to purchase a diversified portfolio of stocks, bonds, or other securities. They are managed by professional portfolio managers or investment companies who make investment decisions on behalf of the fund's investors.
World economy charts case study presented by a Big 4
World economy charts case study presented by a Big 4
World economy charts case
World economy charts case study presented by a Big 4
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ZKsync airdrop of 3.6 billion ZK tokens is scheduled by ZKsync for next week.pdfSOFTTECHHUB
The world of blockchain and decentralized technologies is about to witness a groundbreaking event. ZKsync, the pioneering Ethereum Layer 2 network, has announced the highly anticipated airdrop of its native token, ZK. This move marks a significant milestone in the protocol's journey, empowering the community to take the reins and shape the future of this revolutionary ecosystem.
Methanex is the world's largest producer and supplier of methanol. We create value through our leadership in the global production, marketing and delivery of methanol to customers. View our latest Investor Presentation for more details.
Cleades Robinson, a respected leader in Philadelphia's police force, is known for his diplomatic and tactful approach, fostering a strong community rapport.
2. Safe Harbor
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 (the “Act”): Certain material presented herein includes
forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of
1995. These forward-looking statements include, but are not limited to, future strategic plans and other statements that describe the company’s
business strategy, outlook, objectives, plans, intentions or goals, and any discussion of future operating or financial performance. Whenever
used, words such as "anticipate," "estimate," "expect," "project," "intend," "plan," "believe," "target" and other terms of similar meaning are
intended to identify such forward-looking statements. Forward-looking statements are uncertain and to some extent unpredictable, and involve
known and unknown risks, uncertainties and other important factors that could cause actual results to differ materially from those expressed or
implied in, or reasonably inferred from, such forward-looking statements. Factors that could cause results to differ materially from those
anticipated include, but are not limited to:
• Uncertainties with respect to our estimation of asbestos liability
f • O ability to achieve stated synergies or cost savings from acquisitions or
Our f
exposures, third-party recoveries and net cash flow; divestitures;
• Economic, political and social conditions in the countries in which we • The number of personal injury claims filed against the Company or the degree of
conduct our businesses; liability;
• Changes in U.S. or International sales and operations; • Our ability to effect restructuring and cost reduction programs and realize savings
• Contingencies related to actual or alleged environmental contamination, from such actions;
claims and concerns; • Changes in our effective tax rate as a result in changes in the geographic
• D li i consumer spending;
Decline in di earnings mix, valuation allowances, t examinations or di
i i l ti ll tax i ti disputes, t authority
t tax th it
• Sales and revenues mix and pricing levels; rulings or changes in applicable tax laws;
• Availability of adequate union and non-union labor, commodities, supplies • Intellectual property matters;
and raw materials; • Governmental investigations;
• Interest and foreign currency exchange rate fluctuations; changes in local • Potential future postretirement benefit plan contributions and other employment
government regulations and compliance therewith; and pension matters;
• Competition, industry capacity & production rates; declines in orders or • Susceptibility to market fluctuations and costs as a result of becoming a smaller,
sales as a result of industry or geographic downturn; more focused company after the spin off;
spin-off;
• Ability of third parties, including our commercial partners, counterparties, • Changes in generally accepted accounting principles; and
financial institutions and insurers, to comply with their commitments to us; • Other factors set forth in our Annual Report on Form 10−K for the fiscal year
• Our ability to borrow and availability of liquidity sufficient to meet our ended December 31, 2011 and our other filings with the Securities and Exchange
needs; Commission.
• Changes in the recoverability of goodwill or intangible assets;
The Company undertakes no obligation to update any forward-looking statements, whether as a
result of new information, future events or otherwise.
May 21, 2012 P2
4. Diversified Business Segments
Industrial Process
Control
Technologies • Full Range of Complex Industrial Pumps & Valves
14%
• Monitoring & Control Systems
g y
Interconnect Industrial • Aftermarket Services
Solutions Process
20% 36%
Motion Technologies
Motion • Premium Friction Technology
Technologies
30%
• Shock Absorbers & Damping Technologies
Interconnect Solutions
Highly • Broad Range of Harsh Environment Connectors
Engineered Control Technologies
• Aerospace - Extensive Portfolio of Fuel Management,
p g ,
Critical Actuation and Noise Absorption Components
Applications • Industrial - Motion & Energy Absorption Solutions
2011 Data
Electrical Products Group – 2012 Annual Spring Conference May 21, 2012 P4
5. Global Reach
34%
Europe
40%
North
America
12%
Asia
Pacific
8% 6%
Latin Africa &
America Middle
East
28%
Emerging
Markets
Major Operating Facilities
ITT World Headquarters
Industrial Process
Motion Technologies
Interconnect S l ti
I t t Solutions
Control Technologies
% 2011 Revenue
Electrical Products Group – 2012 Annual Spring Conference May 21, 2012 P5
6. Strong End Market Participation
Industrial Motion Interconnect Control
Process Technologies Solutions Technologies
Auto
25% Strong Macro Trend
Alignment
Energy &
Mining
20%
• Growing Middle Class
Industrial • Large-Scale Urbanization
Processing
17%
• Energy Creation & Efficiency
Aerospace
15% • Resource Scarcity
General
Industrial
15%
Rail &
Transport
8%
2011 Data
Diversified, Connected & Aligned
Electrical Products Group – 2012 Annual Spring Conference May 21, 2012 P6
7. We Are ITT
Leader in Attractive and Defensible Niches
Leading Positions in High Growth Attractive
Markets
Global and Highly Diversified Company
• 60% International Revenue
• 28% Emerging Markets
• 30% Aftermarket
Long-Standing Brand & Operating History
Established Management System &
Leadership Team Engineered for
Growth
Profitable Growth Drivers
f G
Electrical Products Group – 2012 Annual Spring Conference May 21, 2012 P7
8. Profitable Growth Drivers
• Focused Emerging Market Expansion
• Aftermarket C t
Capture
• Investment in
Technology & Innovation
• Premier Customer Experience
• Margin Expansion Through
Operational Excellence
• Effective Capital Deployment Total
to Drive Organic & Inorganic Growth Value
Creation
Electrical Products Group – 2012 Annual Spring Conference May 21, 2012 P8
9. Oil & Gas Organic Growth Story
Korea
O&G Initiative
Begins
Saudi Arabia Saudi Aramco
Brazil
B il
13%
%
India
Australia CAGR
2012
2011
2010 $275M*
2009
2006 2008
$200M*
$130M*
5 Gl b l St t i Wi
Global Strategic Wins
*Amounts Represent Orders
Electrical Products Group – 2012 Annual Spring Conference May 21, 2012 P9
10. 2012 Capital Overview
Strong Balance Sheet Supports Long-Term Growth Geography of Cash Balances
$705M Net Cash & Cash Equivalents at 3/31/12 < 5% Cash in US
+166% Q1 Adjusted Free Cash Flow Conversion
Strategic Capital Deployment (Q1 Results)
$9M Strategic Investments APAC Europe
• Wuxi, China Automotive F ilit E
W i Chi A t ti Facility Expansion
i
• Advanced Front-End Capabilities
• Expanded Aftermarket Reach & Capabilities
$74M Gross Share Repurchases (April YTD)
• Share Repurchase YTD Activity In-Line with Full-Year
Expected Share Count
$9M Dividend Payment
y
Disciplined &
$32M Pension Contribution Balanced
• Includes $15M Discretionary Funding
Capital
Building M&A Pipeline
Deployment
Electrical Products Group – 2012 Annual Spring Conference May 21, 2012 P10
All Results are Unaudited - For non-GAAP reconciliations, refer to appendix and www.itt.com/ir.
11. 2012 Financial Outlook
Revenue Range Geographic Outlook
vs 2011
2012 Organic 5% to 7%
Adjusted Segment Operating Margin
2012 Margins ~13.6% +40 bps vs 2011
2012 Adjusted EPS Range
$1.62 to $1.72 North America
+4% vs 2011* +6 to +8%
+13% vs 2011* (ex Spin Dis-Synergies)
Europe
Adjusted Free Cash Flow Conversion
FLAT to +2%
Emerging Markets
2012 Adjusted FCF Conversion >105% of Net Income 10%
+10%
*2011 Results are Adjusted Pro Forma EPS from Continuing Operations
Electrical Products Group – 2012 Annual Spring Conference May 21, 2012 P11
For non-GAAP reconciliations, refer to appendix and www.itt.com/ir.
14. 2012 Total Revenue Growth Outlook
Revenue
Energy & 2012 vs 2011
14% Mining Organic +5 to +7%
Total +5 to +7%
12%
Industrial
Processing
10% +10%
Emerging
2012 v 2011
8% Markets
Growth
Aerospace &
Defense
6% General
Industrial
4%
Auto, Rail &
Transportation
2%
0%
$
$200M $300M $400M $500M $600M $700M
All 2012 Annual
(10%) Other Revenue
Electrical Products Group – 2012 Annual Spring Conference May 21, 2012 P14
All Results are Unaudited - For non-GAAP reconciliations, refer to appendix and www.itt.com/ir.
15. Diversified & Balanced Revenue Profile
End Markets OEM/Aftermarket Mix Geographic Mix
Aerospace Gen’l Ind’l
& Def 15% Projects
15% 25% International
60%
OEM North
Industrial Platforms America
Process Auto,
Auto 45% 40%
17% Rail &
Transport
33%
Energy Aftermarket
& Mining 30%
20%
Strong 60% 28%
Growth Op Income from
p Emerging
g g
Markets Aftermarket Markets
2011 Data
Uniquely Strong Foundation for Growth
Electrical Products Group – 2012 Annual Spring Conference May 21, 2012 P15
16. Industrial Process
Global Manufacturer of Industrial Pumps,
Valves, Monitoring and Control Systems and
Aftermarket Services
Revenues Competitive Advantages
$ Millions
850
• Goulds Pumps Brand & Reputation
816
800 767 • Broad Portfolio of Process Pumps
750 719 • North American Leader in Chemical
704 694
700 & General Industry Markets
650 • Global Footprint
600
2007 2008 2009 2010 2011 • Focus on Total Cost of Ownership
Revenue by End Market Revenue by Region
Europe
p
Latin 5%
Other America
19%
North
Energy &
Mining ~37% Industrial
Processing
Middle East
& Africa
~42% America
Aftermarket
Aft k t Emerging
E i 54%
10%
Markets
Asia Pac
12%
2011 Data
Electrical Products Group – 2012 Annual Spring Conference May 21, 2012 P16
All Results are Unaudited - For non-GAAP reconciliations, refer to appendix and www.itt.com/ir.
17. Global Manufacturer of Highly Engineered
Motion Technologies and Durable Brake Pads, Shock Absorbers
and Damping Technologies
Revenues Competitive Advantages
$ Millions • Material Science Expertise
800
634 • Strong Brand Recognition
562 548
600 495 491
• Efficient Production Capability
400
• 48% Aftermarket Revenue
200
• Low Cost Region Footprint
0
2007 2008 2009 2010 2011 • Reputation for Quality
Revenue by End Market Revenue by Endby Region
Revenue Market & Region
Eastern
Automotive
Europe
11%
Bus, China 3%
~48% Truck &
Trailer Western ROW 5%
Aftermarket Europe
North
71%
Rail America
10%
2011 Data
Electrical Products Group – 2012 Annual Spring Conference May 21, 2012 P17
All Results are Unaudited - For non-GAAP reconciliations, refer to appendix and www.itt.com/ir.
18. Designs and Manufactures Highly
Interconnect Solutions Engineered Connectors for
Harsh Environments
Revenues Competitive Advantages
$ Millions
500
• Strong Cannon Brand
453
426
413 418 • Engineering Capability to Configure
400 Technology Building Blocks into Customer
341
Solutions
300
• Broad Product Portfolio
200 • Gl b l M
Global Manufacturing F
f i Footprint
i
2007 2008 2009 2010 2011
Revenue by End Market Revenue by Region
Europe
General
27%
Industrial
Aerospace
Asia
& Defense Commun-
ications North
~28% Pacific
Emerging 21%
America
A i
43% Markets
Auto, Other
Transport ROW
& Rail Energy & 9%
Mining
2011 Data
Electrical Products Group – 2012 Annual Spring Conference May 21, 2012 P18
All Results are Unaudited - For non-GAAP reconciliations, refer to appendix and www.itt.com/ir.
19. Specializes in Highly Engineered
Control Technologies Aerospace Components and
Industrial Products
Revenues Competitive Advantages
$ Millions • Market Leading Technologies
400
322 318 • Application Engineering Expertise
300 275
243
• Strong Global Relationships
200 160
100 • Extensive Portfolio of Qualified Products
0 • Mission Critical Applications Throughout
pp g
2007 2008 2009 2010 2011 Product Life-Cycle
Revenue by End Market Revenue by Region
Europe
General 15%
Industrial North
Aerospace America
67% Asia
A i
& Defense
Pacific
15%
Other ROW
3%
2011 Data
Electrical Products Group – 2012 Annual Spring Conference May 21, 2012 P19
All Results are Unaudited - For non-GAAP reconciliations, refer to appendix and www.itt.com/ir.
20. Q1 2012 ITT Results
Continuing Operations
g p (
(unaudit ed)
) Q
Q1
$ millions, except per share amounts 2012 vs 2011
Revenue $577 +8%
Adjusted Segment Operating Income $65 (-12%)
Adjusted EPS $0.39 (-13%)*
Orders $614 +1%
Q1 2012 Results
+9% Organic Revenue (-12%) Adjusted Segment Operating Income
Mining, Oil & Gas and Chemical Growth Recurring Spin Dis-Synergy Costs
Market Share Gains in Automotive C
Connectors V l
t Volume & Mi
Mix
Strong Emerging Market Growth Mix Shift to Large Projects at Industrial Process
Global Connectors & Customer Market Share Loss
(-13%) Adjusted Pro Forma EPS
Difficult PY Compares ($4M PY Rail Seats)
Negative FX
+2% Organic Orders Higher Tax Rate & Share Count
1.06x Book-to-Bill Lower Interest Expense
Oil & Gas, Chemical, Auto and Rail Strength
Global Connectors and PY China Rail Seats ($13M)
*Adjusted EPS growth rate includes pro forma adjustments in 2011 results. Pro Forma adjustments reflect the elimination of interest expense on debt
extinguished in connection with the transformation and interest income on cash distribution to the spun-off companies as if the distribution occurred at
beginning of the period. Electrical Products Group – 2012 Annual Spring Conference May 21, 2012 P20
All Results are Unaudited - For non-GAAP reconciliations, refer to appendix and www.itt.com/ir.
21. Key Performance Indicators and Non-GAAP Measures
Management reviews key performance metrics including revenue, segment operating income and margins, earnings per
share,
share orders growth and backlog among others in connection with the management of our business Management
growth, backlog, others, business.
believes that the following metrics are useful to investors when evaluating operating performance for all the periods
presented, and provide a tool for evaluating our ongoing operations and our management of assets held from period to
period. These metrics, however, are not a measure of financial performance under GAAP and should not be considered a
substitute for measures determined in accordance with GAAP. We consider the following non-GAAP measures, which
may not be comparable to similarly titled measures reported by other companies, to be key performance indicators for
purposes of this REG-G reconciliation:
REG G
Organic Revenues and Orders are defined as revenues and orders excluding the impact of foreign currency fluctuations
and contributions from acquisitions and divestitures made during the current year. Divestitures include sales of
insignificant portions of our business that did not meet the criteria for presentation as a discontinued operation. The
period-over-period change resulting from foreign currency fluctuations assumes no change in exchange rates from the
p o period.
prior pe od
Book-to-Bill is defined as organic orders divided by organic revenue.
Adjusted Segment Operating Income and Adjusted Segment Operating Margin are defined as segment operating
income and operating margin, adjusted for special items. Special items represent significant charges or credits that impact
current results, but may not be related to the Company's ongoing operations and p
y p y g g p performance, such as transformation
costs and restructuring charges.
Adjusted Pro Forma Income from Continuing Operations and Adjusted Pro Forma EPS from Continuing
Operations are defined as reported income from continuing operations and reported income from continuing operations
per diluted share, adjusted to exclude special items and include pro forma adjustments. Special items may include, but
are not limited to, transformation and repositioning costs, asbestos, restructuring costs, income tax settlements or
adjustments and other unusual and infrequent non-operating items. Special items represent significant charges or credits
that impact current results, but may not be related to the Company’s ongoing operations and performance. Pro Forma
adjustments in 2011 reflect the elimination of interest expense as if repayment of $1,250M of long term debt occurred
January 1 and elimination of interest income as if $400M of aggregate cash was distributed to the spun-off companies on
January 1.
Adjusted Free Cash Flow is defined as net cash provided by operating activities less capital expenditures, cash
payments for transformation costs, net asbestos cash flows and other special items. Due to other financial obligations
and commitments, the entire free cash flow amount may not be available for discretionary purposes.
Electrical Products Group – 2012 Annual Spring Conference May 21, 2012 P21
All Results are Unaudited
22. ITT Corporation Non-GAAP Reconciliation
Reported vs. Organic Revenue / Order Growth
First Quarter 2012 & 2011
($ Millions)
(As Reported - GAAP) (As Adjusted - Organic)
(A) (B) (C) (D) (E) = B+C+D (F) = E / A
Acquisition / FX
Change % Change Divestitures Contribution Change % Change
3M 2012 3M 2011 2012 vs. 2011 2012 vs. 2011 3M 2012 3M 2012 Adj. 12 vs. 11
j Adj. 12 vs. 11
j
Revenues
ITT Corporation - Consolidated 577 533 44 8% (6) 8 46 9%
Industrial Process 226 168 58 35% (7) (1) 50 30%
Motion Technologies 180 184 (4) -2% 0 8 4 2%
Interconnect Solutions 93 108 ( )
(15) -14% 1 1 ( )
(13) -12%
Control Technologies 79 78 1 1% 0 0 1 1%
Orders
Total Segment Orders 614 605 9 1% (7) 8 10 2%
Industrial Process 246 220 26 12% (8) (1) 17 8%
Motion Technologies 186 177 9 5% 0 8 17 10%
Interconnect Solutions 98 117 (19) -16% 1 1 (17) -15%
Control Technologies 86 99 (13) -13% 0 0 (13) -13%
Note: Excludes intercompany eliminations
Immaterial differences due to rounding
Electrical Products Group – 2012 Annual Spring Conference May 21, 2012 P22
All Results are Unaudited
23. ITT Corporation
Reported vs Adjusted Segment Operating Income & OI Margin
First Quarter of 2012 & 2011
($ Millions)
3M 2012 3M 2012 3M 2012 3M 2012 3M 2011 3M 2011 3M 2011 3M 2011 % Change % Change
As Reported 12 As Adjusted
As Reported Spin Costs Restructuring As Adjusted As Reported Spin Costs Restructuring As Adjusted vs. 11 12 vs. 11
Revenue:
Industrial Process 226 226 168 168 35.0% 35.0%
Motion Technologies 180 180 184 184 -1.9% -1.9%
Interconnect Solutions 93 93 108 108 -14.3% -14.3%
Control Technologies 79 79 78 78 1.0% 1.0%
Intersegment eliminations (1) (1) (5) (5) -80.0% -80.0%
Total Revenue 577 577 533 533 7.5% 7.5%
Operating Margin:
Industrial Process 9.6% 30 BP - BP 9.9% 12.5% - BP 10 BP 12.6% (290) BP (270) BP
Motion Technologies 15.2% - BP - BP 15.2% 15.1% - BP - BP 15.1% 10 BP 10 BP
Interconnect Solutions 2.0% 60 BP - BP 2.6% 10.4% - BP - BP 10.4% (840) BP (780) BP
Control Technologies 16.5% - BP 20 BP 16.7% 17.1% - BP 140 BP 18.5% (60) BP (180) BP
Total Operating Segments 11.1% 20 BP - BP 11.3% 13.7% - BP 30 BP 14.0% (260) BP (270) BP
Income:
Industrial Process 22 1 0 23 21 - 0 21 3.8% 6.6%
Motion Technologies 27 - - 27 28 - - 28 -1.4% -1.4%
Interconnect Solutions 2 0 - 2 11 - - 11 -83.2% -78.8%
Control Technologies 13 - 0 13 13 - 1 14 -3.0% -9.6%
'Total Segment Operating Income 64 1 0 65 73 - 1 74 -12.8% -12.2%
Note: Immaterial differences due to rounding.
Electrical Products Group – 2012 Annual Spring Conference May 21, 2012 P23
All Results are Unaudited
24. ITT Corporation Non-GAAP Reconciliation
Reported vs. Adjusted Income from Continuing Operations & Adjusted EPS
First Quarter of 2012 & 2011
(Unaudited)
($ Millions, except EPS and shares)
Change Percent Change
Q1 2012 Non-GAAP Q1 2012 Q1 2011 Non-GAAP Pro Forma Q1 2011 2012 vs. 2011 2012 vs. 2011
As Reported Adjustments As Adjusted As Reported Adjustments Adjustments As Adjusted As Adjusted As Adjusted
Segment Operating Income 64 1 #A 65 73 1 #A - 74
Interest Income (Expense) (1) - (1) (24) - 17 #D (7)
Other Income (Expense) (1) - (1) (1) - - (1)
Corporate (Expense) (27) 17 #B (10) (83) 76 #C - (7)
(Loss) Income from Continuing Operations before Tax 35 18 53 (35) 77 17 59
Income Tax Benefit (Expense) (25) 9 #E (16) 13 (24) (6) (17)
(Loss) Income from Continuing Operations 10 27 37 (22) 53 11 42
EPS from Continuing Operations 0.11 0.28 #F 0.39 (0.23) 0.57 #F 0.11 #F 0.45 (0.06) -13%
#A - Segment operating income in 2012 includes Transformation costs ($1M) and in 2011 Restructuring costs of ($1M).
#B - Primarily transformation costs ($4M); Quarterly asbestos provision ($13M).
#C - Transformation costs ($60M); Quarterly asbestos provision ($16M)
#D - Pro forma adjustment reflects elimination of interest expense as if repayment of $1,250M of long term debt occurred January 1 and elimination of interest income as if $400M of aggregate cash was distributed to Exelis and Xylem on January 1
#E - Includes valuation allowance on US deferred tax assets.
#F - Adjustments to EPS from Continuing Operations
Restructuring,
Restructuring net of related tax benefit - 0.01
0 01
Transformation costs, net of related tax benefit 0.04 0.43
Asbestos, net of related tax benefit 0.08 0.13
Valuation allowance on US deferred tax assets. 0.15 -
Pro forma interest expense adjustments, net of tax benefit - 0.11
Other 0.01 -
Adjustments to EPS from Continuing Operations 0.28 0.68
Note: Immaterial d e e ces due to rounding
oe a e a differences o ou d g
Electrical Products Group – 2012 Annual Spring Conference May 21, 2012 P24
All Results are Unaudited
25. ITT Corporation Non-GAAP Reconciliation
Net Cash - Operating Activities vs. Adjusted Free Cash Flow Conversion
First Quarter 2012 & 2011
($ Millions)
3M 2012 3M 2011
Net Cash - Operating Activities 18 (45)
Capital Expenditures (13) (15)
Free Cash Flow, including Transformation 5 (60)
Transformation Capex 1 0
Transformation Cash Payments 30 15
Net Asbestos Cash Payments
N tA b t C hP t 16 7
Discretionary Pension Contributions, net of tax 9 0
Free Cash Flow 61 (38)
Income from Continuing Operations 10 (22)
Special Items (including Transformation Costs) 27 64
Income from Continuing Operations, Excluding
Special Items 37 42
Adjusted Free Cash Flow Conversion 166% NA
Electrical Products Group – 2012 Annual Spring Conference May 21, 2012 P25
All Results are Unaudited