Finning International Inc. · TSX:FTT
Finning International — Investor Presentation (February 2025)
11 slides from Finning International's investor presentation, Feb 20, 2025
Slide 1: Investor Presentation, Toronto
Investor Presentation,Toronto Tim Ferwerda, President, Finning Canada Greg Palaschuk, EVP and CFO February 20-21, 2025 See slides 10 and 11 for important information on forward-looking information, currency, and specified financial measures, including non-GAAP financial measures
Slide 2: Finning Overview
Finning Overview Finning is the largest Caterpillar dealer and is diversified by geography, customer base, product, and sector South America YT NU 35 % of Net (2,5) Revenue UK & Ireland NWT Bolivia 13 % of Net (2,5) Revenue BC AB Chile SK Argentina Ireland Technicians ~5,800 As of Dec 30, 2024 Canad
Slide 3: 2024 Recap - Executing our Strategy
2024 Recap - Executing our Strategy International FY 2024 Net Revenue FY 2024 Net Revenue (1) Equipment Backlog (2) $10.1B $4.9B $560M Up 6% vs FY 2023 Up 9% vs FY 2023 Dec 2024 vs Dec 2023 Product Support Full Cycle Resilience Sustainable Growth Product Support SG&A Free Cash Used Equipment Power S
Slide 4: 2024 Key Achievements
2024 Key Achievements Growth Resiliency Returns A stronger company growing Demonstrated resiliency and Expanded earnings capacity with population, capacity and capability maintained healthy balance sheet strong shareholder returns Total Employees Net Revenue Share Repurchases Dividends Paid Free Cas
Slide 5: Improved Earnings Power
Improved Earnings Power Consolidated SG&A Improvement Earnings Growth SG&A as a % of Net Revenue (1) Adjusted Earnings Per Share 21.6% $3.91 $3.80 20.3% $3.25 19.0% 18.7% 18.9% $2.18 17.7% $1.65 $1.65 16.5% 16.3% $1.33 $1.14 2017 2018 2019 2020 2021 2022 2023 2024 2017 2018 2019 2020 2021 2022 2023
Slide 6: South America Update
Finning South America Update Product Support Full Cycle Resilience Sustainable Growth Capturing aftermarket opportunities Executing Antofagasta Master Plan to Winning large scale opportunities while across sectors in South America as the increase efficiency and capacity of service helping mining cus
Slide 7: South America – Building Capacity in Key Growth Regions
Finning South America – Building Capacity in Key Growth Regions Antofagasta Master Plan Update San Juan & Neuquén, Argentina Final Design AutoStore: La Negra, Parts Distribution Center Finning Service Branch – Neuquén, Argentina Finning CRC – San Juan, Argentina In Progress, La Negra Service Shop (1
Slide 8: Canada Update
Finning Canada Update Oil Sands Market Fundamentals Western Canada Economic / Industry Outlook (3) Oil Sands Mined CAT 797 Truck Population Lowering interest Stable oil and gas Ore Volume(1) Cumulative Trucks in Service rates industry activity Million Tonnes 442 1,017 421 Steady regional real Modera
Slide 9: UK & Ireland Strategic Execution and Canada Plan
UK & Ireland Strategic Execution and Canada Plan UK & Ireland Execution Canada Strategic Execution Plan(1) Product Support Revenue ▪ Re-energized sales approach focusing on product support Product Support 5% 12% ▪ Increase capture of customer value agreements to deliver value throughout the equipmen
Slide 10: Disclosures
Disclosures Forward-looking information This presentation includes “forward-looking information” (as defined in applicable Canadian securities legislation) that is based on expectations, estimates and projections that we believe are reasonable as of the date of this presentation, but may ultimately
Slide 11: Disclosures
Disclosures Currency Monetary amounts referred to in this presentation are in Canadian dollars unless noted otherwise. All variances and ratios in this presentation are based on the functional currency of each operation (Canada: CAD, South America: USD, UK & Ireland: GBP). These variances and ratios
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