Burnham Holdings, Inc. · OTC:BURCA
Burnham — Shareholder Meeting (April 2020)
11 slides from Burnham's shareholder meeting presentation, Apr 27, 2020
Slide 1: 2020 Virtual Stockholders Meeting
2020 Virtual Stockholders Meeting Doug Brossman Chief Executive Officer April 27, 2020 OTC: BURCA Email Votes to: vote@burnhamholdings.com
Slide 2: Cautionary Statements
Cautionary Statements Statements in this presentation that are not historical are “forward-looking statements” and are subject to change. These statements are subject to risks and uncertainties that could cause the Company’s actual operating results to differ materially from those contemplated by th
Slide 3: 2019 Financial Performance
2019 Financial Performance 2019 Financial Highlights: Net Sales were $212mm, up over $14 mm or 7.4% Residential sales up 3% Commercial sales up 20% Net income was $8.7 mm, or $1.91/sh. Increase of $2.5, or 40% versus 2018, (excluding one time items in 2018) Dividends of $0.88 per share
Slide 4: 2020 and Beyond
2020 and Beyond Aggressive Sales and Marketing to Exploit Product Line and Distribution Strength Increased e-marketing reaching more homeowners, contractors and specifying engineers Re-alignment of Residential furnace distribution channel Driving commercial boiler growth through commercial b
Slide 5: North America Degree Days 2017-2020
North America Degree Days 2017-2020 6000 5000 Mild Winter Negatively Impacted Q1 Residential 4000 Boiler Demand HDD 3000 Most Recent 2000 Winter 1000 0 Oct Nov Dec Jan Feb Mar Apr May 17/18 18/19 Avg 11/19 19/20 Email Votes to: vote@burnhamholdings.com
Slide 6: Covid Pandemic Impacts & Actions
Covid Pandemic Impacts & Actions • Nationwide “Stay at Home Orders” • Impacts to contracting and construction industries creating potential near term demand challenges • Company facilities in Pennsylvania, Ohio, Indiana, New York & North Carolina permitted to continue operations as Essential/Life-Su
Slide 7: Q1 2020 Results
Q1 2020 Results First Quarter Results 2016 2017 2018 2019 2020 Net Sales ($mm) $33.2 $35.6 $40.8 $45.5 $37.0 Net Income ($mm) ($1.1) ($0.9) ($0.2) $0.9 ($1.1) EPS ($0.25) ($0.19) ($0.05) $0.19 ($0.24) Dividend/SH (Mar 2020) $0.22 $0.22 $0.22 $0.22 $0.22 • First Quarter Net sales of $37.0mm, down $8.
Slide 8: Decades of Industry Leadership
Decades of Industry Leadership Ed Johann, Director of Engineering and Quality, U.S. Boiler Company • 40 years in the industry • Designed and Built State of the Art Product Development Facility • Developed and Released 39 new products in 6 years with USB Elaine Phillips, President, New Yorker Boiler
Slide 9: Robert P. Newcomer: Congratulations on a Remarkable Career
Robert P. Newcomer • Retiring from Board after 18 Years of Service • 2 years as Chairman of the Board • Served on Employee Benefits, Compensation and Strategic Review Committees Congratulations on a Remarkable Career
Slide 10: Questions
Questions Use Q&A Feature Email Votes to: vote@burnhamholdings.com
Slide 11: 2020 Virtual Stockholders Meeting
2020 Virtual Stockholders Meeting Doug Brossman Chief Executive Officer April 27, 2020 OTC: BURCA Email Votes to: vote@burnhamholdings.com