Cooper-standard Holdings Inc. · NYSE:CPS
Cooper-standard — Q1 2013 Earnings Presentation
10 slides from Cooper-standard's earnings presentation, May 10, 2013
Slide 1: Cooper Standard First Quarter Earnings Call
Cooper Standard First Quarter Earnings Call May 10, 2013 May 8, 2013 2:40 pm Exhibit 99.1
Slide 2: Execute/Measure!
Execute/Measure! Define plans for accelerating functional agenda. Company Orientation Day 0-45 Listen & Learn Define the Vision / Path Forward Unwavering Execution • Global tour to listen and learn • Celebrate success and discover opportunities • Get to know the team • Learn technologies, manufactur
Slide 3: VISION
VISION ZtIVe r — i * Top 30 automotive suppliersfor sales, JN GooperStandard Top 5% ROIC . PASSION FOR PERFORMANCE
Slide 4: Platforms for Growth
May 8, 2013 2:40 pm Platforms for Growth Fluid Transfer Systems Sealing and Trim Systems Fuel and Brake Systems Overall Market: $8B/$12B Overall Market: $7 B Overall Market: $18B North America Leader #2 Supplier Globally #1 Supplier Globally May 8, 2013 2:40 pm
Slide 5: Organizing for Success
Organizing for Success President North America President Europe President Asia Pacific Regional Presidents Focused on Execution Chief Executive Officer Chief Financial Officer VP Human Resources VP General Counsel Chief Operations Officer • Global Continuous Improvement, Op Excellence, Best Business
Slide 6: Performance Revenue by region
Performance Revenue by region May 8, 2013 2:40 pm Q1 2013 Performance $ USD Millions Q1 2012 Revenue: $765.3 Q1 2013 Revenue: $747.6 Note: Numbers subject to rounding Q1 2012 Q1 2013 Sales 765.3 747.6 Gross Profit 121.7 120.3 SGA 72.0 75.1 Operating Profit 39.7 36.6 Net Income 23.8 20.7 Fully Dilute
Slide 7: EBITDA and Adjusted EBITDA Reconciliation
EBITDA and Adjusted EBITDA Reconciliation $ USD Millions Net income Provision for income tax expense EBITDA Restructuring Adjusted EBITDA Three Months Ended March 31, Net interest expense Depreciation and amortization EBITDA and Adjusted EBITDA are Non-GAAP measures. Reference comments on slide 20.
Slide 8: Key Financial Ratios
Key Financial Ratios May 8, 2013 2:40 pm $ USD Millions Q1 2012 Q1 2013 Cash from business $ 61.2 $ 53.9 Pension funding - US (20.1) - Changes in operating assets & liabilities (75.6) (67.2) Cash used in operations (34.6) (13.3) Capital expenditures (29.2) (34.3) Cash used in operations and CAPEX (6
Slide 9: Self-Tender Offer
May 8, 2013 2:40 pm Self-Tender Offer • Accept for Tender/Payment - 4,651,162 shares at the purchase price of $43.00 - Cash payment of $200 million - Proration factor of 77.0 % • Common Shares outstanding April 30, 2013 17,801,844 Tendered (4,651,162) April 30, 2013 - adjusted 13,150,682 • The Compa
Slide 10: Net Leverage Ratio and Adj. EBITDA as a % of Sales
May 8, 2013 2:40 pm Net Leverage Ratio and Adj. EBITDA as a % of Sales as of March 31, 2013 (1) Includes noncash restructuring. (2) Proportionate share of restructuring costs related to Cooper Standard France joint venture. (3) Non-cash stock amortization expense and non-cash stock option expense fo
Cooper-Standard Holdings — Q1 2013 Earnings Presentation on 6ix