Thor Industries, Inc. · NYSE:THO
Thor Industries — Merger or Acquisition (April 2019)
16 slides from Thor Industries's merger presentation, Apr 18, 2019
Slide 1: Investor Presentation for 8-K/A filed April 18, 2019
Investor Presentation for 8-K/A filed April 18, 2019 Exhibit 99.6
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation includes certain statements that are “forward looking” statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 193
Slide 3: Acquisition of EHG
Acquisition of EHG
Slide 4: Erwin Hymer Group Acquisition Overview
Erwin Hymer Group Acquisition Overview Transaction Highlights Purchase price funded with cash and equity Acquisition expected to be accretive to earnings per share within the first 12 months (before synergies, purchase accounting adjustments, transaction-related expenses and deal-related interest ex
Slide 5: Snapshot of Combined Company
Snapshot of Combined Company Based on Pro Forma Combined FY 2018 Results Adds Scale Balances Product Mix Broadens Global Footprint + + + = = = Revenue ($billions) Revenue % Revenue % / / / Notes: FY2018 average exchange rate of USD / EUR 1.192; Revenue based on FYE 7/31/2018 for Thor (audited) and F
Slide 6: Creating a Premier Global RV Manufacturer
Creating a Premier Global RV Manufacturer Aligned with Thor's strategic plan to enhance shareholder value Creates the #1 global RV manufacturer with a leading portfolio of brands, dealer network and global reach Establishes a leadership position in growing European RV market with a complementary and
Slide 7: Synergies Expected to Create Meaningful Additional Value
Synergies Expected to Create Meaningful Additional Value Engineering and Design R&D and Technology Marketing Human Resources Strategies Dealer Network / Dealer Development Aftermarket Support Strategies Sharing of Best Practices Overall Spending Leverage Procurement Strategies / Direct Sourcing of C
Slide 8: Erwin Hymer Group Key Investment Highlights
A leading European RV manufacturer Strong management team with proven ability to grow the business and deliver innovative products Diversified geographic exposure to the growing European RV market Well-recognized brands with a highly complementary product portfolio History of industry-leading innova
Slide 9: Pro Forma Combined Financial Information
Pro Forma Combined Financial Information
Slide 10: Considerations Regarding the Pro Forma Combined Financial Information
Considerations Regarding the Pro Forma Combined Financial Information The Pro Forma Financial Information is based on historical EHG combined financial statements that were prepared under IFRS and therefore include a number of adjustments and estimates to convert to US GAAP and present information i
Slide 11: Pro Forma Combined Pre-Tax Income Reconciliation - FY18
Pro Forma Combined Pre-Tax Income Reconciliation - FY18 (1)Includes $110.2M of losses related to former North American subsidiaries. These charges primarily consist of expenses related to EHG’s guarantees to third parties for certain North American subsidiary obligations and the impairment of loan r
Slide 12: European RV Industry Overview
European RV Industry Overview
Slide 13: RV Industry Overview - Europe
RV Industry Overview - Europe Source: European Caravan Federation (ECF), calendar years 2017-18; European retail registration data available at www.CIVD.de Country Touring Caravans Motor Caravans Leisure Vehicles - Total 2017 2018 Change % 2017 2018 Change % 2017 2018 Change % Austria 940 956 1.7 %
Slide 14: EHG's RV Product Range Spanning Multiple Price Points & Categories
Motorized Recreational Vehicles: van motorhomes on van chassis Retail selling price: €44,000–€85,000; $50,000–$100,000 EHG's RV Product Range Spanning Across Multiple Price Points & Categories Caravans Towable Recreational Vehicles: hitch to the bumper of the tow vehicle Retail selling price: €17,00
Slide 15: RV Industry Overview: New Vehicle Registrations by Continent
RV Industry Overview New Vehicle Registrations by Continent ('000) Sources: CIVD; Statistical Surveys (www.statisticalsurveys.com)
Slide 16: Go Everywhere. Stay Anywhere.
Go Everywhere. Stay Anyiuhere. quo, "ee a ‘ or www.thorindustries.com