Littelfuse, Inc. · NASDAQ:LFUS

Littelfuse — Q1 2021 Earnings Presentation

17 slides from Littelfuse's earnings presentation, Apr 28, 2021

  1. Slide 1: Q1 2021 Earnings Release

    Q1 2021 EARNINGS RELEASE April 28, 2021 1

  2. Slide 2: Disclaimers

    DISCLAIMERS Important Information About Littelfuse, Inc. This presentation does not constitute or form part of, and should not be construed as, an offer or solicitation to purchase or sell securities of Littelfuse, Inc. and no investment decision should be made based upon the information provided he

  3. Slide 3: Business Update

    BUSINESS UPDATE Dave Heinzmann, President & CEO

  4. Slide 4: 2021 – 2025 Growth Strategy

    2021 – 2025 GROWTH STRATEGY EMPOWERING A SUSTAINABLE, CONNECTED, & SAFER WORLD Double-Digit Best-in-Class Deliver Top Tier Revenue Growth Profitability Shareholder Returns Outcomes Content & High-Growth Markets Strategic Share Gains & Geographies Acquisitions Our Growth Drivers Sustainability Connec

  5. Slide 5: Q1-21 Key Themes

    Q1-21 KEY THEMES  Strong start this year, building on strength in prior two quarters – Consistent global execution – Leveraging structural growth themes…sustainability, connectivity, safety – Continued strength across number of end markets – Solid management of supply chain challenges  Double-digi

  6. Slide 6: Industrial End Markets Positioned for Continued Growth

    INDUSTRIAL END MARKETS POSITIONED FOR CONTINUED GROWTH Q1-21 Highlights Q1-21 Key Design Wins  Enhanced capabilities & growth across HVAC market  Addition of Hartland Controls acquisition  Ongoing strength in renewables, energy storage, power conversion & industrial automation  HVAC  Expanding

  7. Slide 7: Transportation End Markets Extending Our Leadership Position

    TRANSPORTATION END MARKETS EXTENDING OUR LEADERSHIP POSITION Q1-21 Highlights Q1-21 Key Design Wins  Successful EV design wins  On-board  Off-board charging  Commercial vehicles  Higher content gains for luxury vehicles, SUVs and pick-up trucks  Robust design activity for  xEV & EV Charging I

  8. Slide 8: Electronics End Markets Leveraging Our Leadership

    ELECTRONICS END MARKETS LEVERAGING OUR LEADERSHIP Q1-21 Highlights Q1-21 Key Design Wins  Leveraging broad global access  Strategic distribution partnerships  Deep OEM relationships  Number of design wins across electronics ecosystem  Ongoing proliferation of electronification  Battery Protect

  9. Slide 9: Financial Update

    FINANCIAL UPDATE Meenal Sethna, EVP & CFO

  10. Slide 10: Q1-21 Financial Performance

    Q1-21 FINANCIAL PERFORMANCE (in millions) Revenue & EPS Highlights • Net sales +34% versus prior year, +26% organically • +16% sequentially $463.8 • GAAP operating margin 16.5%; adjusted operating $346.1 margin 17.1% • Cash flow from operations $50.2 million & free cash flow $35.4 million Q1-20 Q1-2

  11. Slide 11: Q1-21 Segment Performance

    Q1-21 SEGMENT PERFORMANCE (in millions) Electronics Segment Automotive Segment Industrial Segment Revenue Revenue Revenue $286.5 $214.2 $128.5 $104.8 $48.7 $27.1 Q1-20 Q1-21 Q1-20 Q1-21 Q1-20 Q1-21 Op Op Op Margin 15.1% 19.4% Margin 13.5% 15.8% Margin 13.0% 7.2%  Total revenue +34%, organic +32% 

  12. Slide 12: Q2-21 Guidance

    Q2-21 GUIDANCE (in millions) Revenue & EPS Highlights • Net sales midpoint +53% vs. prior year $477 - • Adjusted EPS midpoint +210% vs. prior year $463 $307.3 • Assumptions • Adjusted effective tax rate of 17% • 25 million diluted shares outstanding Q2-20 Q2-21 Adj. EPS $0.71 $2.12 - $2.28 See appen

  13. Slide 13: Key Takeaways

    KEY TAKEAWAYS  Strong performance within dynamic market environment  Demand remains healthy, despite ongoing supply chain & COVID challenges  Delivering growth above market through content gains – Capitalizing on sustainability, connectivity, safety themes – Breadth of portfolio solutions  Well-

  14. Slide 14: Q&A

    Q&A Littelfuse, Inc. © 2021 14

  15. Slide 15: Appendix

    APPENDIX Littelfuse, Inc. © 2021 15

  16. Slide 16: Supplemental Financial Information

    SUPPLEMENTAL FINANCIAL INFORMATION Littelfuse, Inc. © 2021 16

  17. Slide 17: Supplemental Financial Information Cont'd

    SUPPLEMENTAL FINANCIAL INFORMATION CONT’D Littelfuse, Inc. © 2021 17

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