Marine Products Corporation · NYSE:MPX
Marine Products — Investor Presentation (June 2021)
12 slides from Marine Products's investor presentation, Jun 17, 2021
Slide 1: Second Quarter 2021 Overview and Update
Second Quarter 2021 Overview and Update June 17, 2021
Slide 2: Forward Looking Statements
Certain statements and information included in this presentation constitute “forward - looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward - looking statements include statements that look forward in time or express management’s beliefs, expec
Slide 3: Corporate Profile
• Headquartered in Atlanta • Manufacturing in Nashville, Georgia • NYSE: MPX • Current Dividend Yield: 3.1% • Long - term focus on Financial and Shareholder Returns • No debt, highly liquid balance sheet • Dividends in all but 2 years of our history as a public company CORPORATE PROFILE Marine Produ
Slide 4: About Marine Products Corporation
• Marine Products Corporation is one of the largest manufacturers of recreational powerboats in the U.S., with leading market share in both of its brands. • Its Chaparral sterndrive brand holds the #2 market share in its category. • Its Robalo brand, holds the #2 market share in the outboard coastal
Slide 5: Brand Names: Chaparral
Brand Names CHAPARRAL 20 MODELS 19 – 34 feet • Sterndrive Sport Boats • Outboard Sport Boats • Wake Surfing Boats • Sold through a network of 135 domestic dealers
Slide 6: Brand Names (cont.): Robalo
Brand Names (cont.) ROBALO 24 Outboard Models 18 – 36 feet • Center Console • Dual Consoles • Bay Boats • Sold through a network of 125 domestic dealers
Slide 7: What You Should Know about Marine Products Corporation
What You Should Know about Marine Products Corporation Strong Design Capabilities and Creativity • Keen ability to efficiently manufacture products made of fiberglass • Strong competence to leverage existing designs to create new products Marketing Strength and Intelligence • Historically Strong Boa
Slide 8: A Summary of our Current Operating Environment
A Summary of our Current Operating Environment . . . COVID has caused a surge in Retail Demand Starting in Second Quarter 2020 Americans fled large cities to more remote areas Summer camps, recreational activities in crowded environments cancelled Recreational boating emerged as an attractive social
Slide 9: And its Positive and Negative Aspects
. . . And its Positive and Negative Aspects Positive Aspects • A Surge in Demand Eclipsing the post 9/11 change in consumer demand • Over 30% of retail buyers in the past year have been first time buyers • Order Backlogs have reached historic highs • Clear Line of Sight for Production Scheduling • M
Slide 10: Return on Invested Capital, 2006 - 2020
• Defined as Net Cash Provided by Operations / Average Total Invested Capital • 2006 – 2020 average, 17.7% Return on Invested Capital, 2006 - 2020 (15%) (5%) 5% 15% 25% 35% 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 Return on Invested Capital, 2006 - 2020
Slide 11: Shareholder-Friendly Capital Stewardship
• More than $200 million has been returned to shareholders during Marine Products’ 20 - year history as a public company in the form of dividends and share repurchase. Shareholder - Friendly Capital Stewardship $0 $50 $100 $150 $200 $250 $300 $ millions Selected Cash Flow Measures Inception to Date
Slide 12: Corporate Headquarters
Marine Products Corporation 2801 Buford Highway NE Suite 300 Atlanta, GA 30329 404 - 321 - 7910 marineproductscorp.com CORPORATE HEADQUARTERS