C.h. Robinson Worldwide, Inc. · NASDAQ:CHRW
C.h. Robinson Worldwide — Q4 2014 Earnings Presentation
16 slides from C.h. Robinson Worldwide's earnings presentation, Feb 3, 2015
Slide 1: Earnings Conference Call – Fourth Quarter 2014
Exhibit 99.2 Earnings Conference Call – Fourth Quarter 2014 February 4, 2014 John Wiehoff, Chairman & CEO Chad Lindbloom, CFO & CIO Tim Gagnon, Director, Investor Relations
Slide 2: Safe Harbor Statement
Safe Harbor Statement Except for the historical information contained herein, the matters set forth in this presentation and the accompanying earnings release are forward-looking statements that represent our expectations, beliefs, intentions or strategies concerning future events. These forward-loo
Slide 3: Results Q4 2014
Results Q4 2014 in thousands, except per share amounts Three months ended December 31 Twelve months ended December 31 2014 2013 % Change 2014 2013 % Change Total revenues $3,357,202 $3,152,882 6.5% $13,470,067 $12,752,076 5.6% Total net revenues $501,816 $444,465 12.9% $2,007,652 $1,836,095 9.3% Inc
Slide 4: Transportation Results Q4 2014
Transportation Results Q4 2014 TRANSPORTATION in thousands Three months ended December 31 Twelve months ended December 31 2014 2013 % Change 2014 2013 % Change Total revenues $3,010,291 $2,767,550 8.8% $11,921,974 $11,069,710 7.7% Total net revenues $474,306 $416,020 14.0% $1,879,724 $1,698,395 10.7
Slide 5: Truckload Results Q4 2014
Truckload Results Q4 2014 Year over year change North America TRUCKLOAD NET REVENUES in thousands Truckload Quarter YTD Three months ended Dec 31 Twelve months ended Dec 31 Volume 3% 2% 2014 2013 % Change 2014 2013 % Change Approximate pricing* 12% 11% $295,216 $256,117 15.3% $1,177,990 $1,054,565 1
Slide 6: LTL Results Q4 2014
LTL Results Q4 2014 Year over year change LTL NET REVENUES in thousands LTL Quarter YTD Three months ended Dec 31 Twelve months ended Dec 31 2014 2013 % Change 2014 2013 % Change Volume 4% 7% $63,402 $58,839 7.8% $258,884 $239,477 8.1% Pricing Net revenue margin Total shipments increased approximate
Slide 7: Intermodal Results Q4 2014
Intermodal Results Q4 2014 Year over year change INTERMODAL NET REVENUES in thousands Twelve months ended Dec 31 INTERMODAL Three months ended Dec 31 Quarter YTD 2014 2013 % Change 2014 2013 % Change Volume 1% -1% $10,235 $9,861 3.8% $40,631 $39,084 4.0% Pricing Net revenue margin Net revenue growth
Slide 8: Global Forwarding Results Q4 2014 Ocean, Air and Customs
Global Forwarding Results Q4 2014 Ocean, Air and Customs NET REVENUES in thousands Three months ended Dec 31 Twelve months ended Dec 31 2014 2013 % Change 2014 2013 % Change Ocean $56,944 $46,367 22.8% $208,422 $187,671 11.1% Air $19,404 $17,982 7.9% $79,125 $73,089 8.3% Customs $10,824 $9,271 16.8%
Slide 9: Other Logistics Services Results Q4 2014
Other Logistics Services Results Q4 2014 NET REVENUES in thousands Three months ended Dec 31 Twelve months ended Dec 31 2014 2013 % Change 2014 2013 % Change $18,281 $17,583 4.0% $73,097 $67,931 7.6% Other Logistics Services net revenues include transportation management services, warehousing and sm
Slide 10: Sourcing Results Q4 2014
Sourcing Results Q4 2014 SOURCING NET REVENUES in thousands Three months ended Dec 31 Twelve months ended Dec 31 2014 2013 % Change 2014 2013 % Change Total revenues $342,951 $382,098 -10.2% $1,533,555 $1,669,134 -8.1% Total net revenues $24,005 $25,799 -7.0% $115,546 $126,950 -9.0% Net revenue marg
Slide 11: Summarized Income Statement
Summarized Income Statement in thousands Three months ended December 31 Twelve months ended December 31 2014 2013 % Change 2014 2013 % Change Total revenues $3,357,202 $3,152,882 6.5% $13,470,067 $12,752,076 5.6% Total net revenues 501,816 444,465 12.9% 2,007,652 1,836,095 9.3% Personnel expenses 23
Slide 12: Other Financial Information
Other Financial Information in thousands CASH FLOW DATA Three months ended Dec 31 2014 2013 % Change Net cash provided by operating activities $208,104 $ 164,848 26.2% Capital expenditures, net $4,366 $13,970 -68.7% BALANCE SHEET DATA Strong cash flow quarter Dec 31, 2014 Total debt balance $1.105 b
Slide 13: Capital Distribution
Capital Distribution in thousands 2009 2010 2011 2012 (a) 2013 Q4 2014 YTD 2014 Net income $360,830 $387,026 $431,612 $447,007 $415,904 $112,947 $449,711 Capital distribution Cash dividends paid $162,865 $168,902 $194,697 $219,313 $220,257 $57,418 $215,008 Share repurchases 266,906 157,381 250,274 2
Slide 14: A look ahead
A look ahead Truckload performance is important to our success in 2015 Strategic initiatives in 2015 and beyond Freightquote integration Global trade expansion Sales execution with all types of customers We will continued to invest in our business Talent Technology Network Driving towards our long t
Slide 15: Appendix A: 2012 Summarized Adjusted Income Statement
Appendix A: 2012 Summarized Adjusted Income Statement In thousands, except per share amounts Twelve months ended December 31, 2012 Non-recurring Non-recurring 2012 Actual Adjusted Acquisition Impacts Divestiture Impacts Total net revenues $1,717,571 $1,717,571 Personnel expenses (1) 766,006 -385 -34
Slide 16: C.H. Robinson
@ C.H. ROBINSON CA
C H Robinson Worldwide — Q4 2014 Earnings Presentation on 6ix