Crane Company · NYSE:CR
Crane — Investor Day (February 2021)
32 slides from Crane's investor day presentation, Feb 25, 2021
Slide 1: Annual Investor Day
Annual Investor Day February 25, 2021
Slide 2: Forward-Looking Statements–Disclaimer
FORWARD-LOOKING STATEMENTS–DISCLAIMER This press release may contain forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These statements are based on the management’s current beliefs, expectations, plans, assumptions and objectives regarding Crane Co.’s fu
Slide 3: 2021 Agenda
2021 AGENDA There Will Be a Brief Q&A Period After Each Business Presentation TIME TOPIC PRESENTER 9:00-9:05 Welcome, Introductions Jason Feldman 9:05-9:15 Strategic Overview Max Mitchell 9:15–9:25 Financial Overview Rich Maue 9:25–10:00 Payment & Merchandising Technologies Kurt Gallo 10:00–10:35 Fl
Slide 4: Crane Co. Strategic Overview
Crane Co. Strategic Overview Max Mitchell, President and Chief Executive Officer
Slide 5: Welcome to Crane Co. 2021 Investor Day
WELCOME TO CRANE CO. 2021 INVESTOR DAY Payment & Merchandising Aerospace & Electronics Fluid Handling Engineered Materials Technologies 5
Slide 6: Crane Co. – Global Community
CRANE CO. – GLOBAL COMMUNITY Kaohsiung, Taiwan Székesfehérvár, Hungary 6
Slide 7: Crane Co. – Global Community
CRANE CO. – GLOBAL COMMUNITY Lindau, Germany Querétaro, Mexico 7
Slide 8: Crane Co. – Global Community
CRANE CO. – GLOBAL COMMUNITY Satara, India Tumba, Sweden 8
Slide 9: Crane Co. – Global Community
CRANE CO. – GLOBAL COMMUNITY Hitchin, UK Goshen, Indiana 9
Slide 10: Crane Co. – Global Community
CRANE CO. – GLOBAL COMMUNITY Hal Far, Malta Dubai 10
Slide 11: Philanthropy Outreach Continued
PHILANTHROPY OUTREACH CONTINUED 11
Slide 12: Philanthropy Outreach Continued
PHILANTHROPY OUTREACH CONTINUED 12
Slide 13: Philanthropy Outreach Continued
PHILANTHROPY OUTREACH CONTINUED 13
Slide 14: Philanthropy Outreach Continued
PHILANTHROPY OUTREACH CONTINUED 14
Slide 15: Philanthropy Outreach Continued
PHILANTHROPY OUTREACH CONTINUED 15
Slide 16: Philanthropy Outreach Continued
PHILANTHROPY OUTREACH CONTINUED 16
Slide 17: Doing the Right Things
DOING THE RIGHT THINGS CRANE 17
Slide 18: 2021 Guidance Summary
2021 GUIDANCE SUMMARY $ Millions Change vs. 2020 2021G Change vs. 2020**** except per share amounts Prior Guidance***** Net Sales* $2,947 $3,080 +5% +$25 Earnings per Share** $3.84 $5.00–$5.20 +33% +$0.10 Free Cash Flow*** $275 $265–$295 +2% +$5 Change vs. 2021G Other 2021 Guidance Details Prior Gui
Slide 19: Key Messages and Themes Today
KEY MESSAGES AND THEMES TODAY Strong Market Recovery Accelerating Organic Growth Investment Results Growing Opportunities for M&A Supported by a Strong Foundation of CBS and Crane’s Culture 19
Slide 20: Expect Strong Cyclical & Secular Market Recovery
EXPECT STRONG CYCLICAL & SECULAR MARKET RECOVERY 20
Slide 21: Market Recovery – Aerospace & Electronics
MARKET RECOVERY – AEROSPACE & ELECTRONICS Electrification Power Conversion Sensing Thermal Management Space 21
Slide 22: Market Recovery – Fluid Handling
MARKET RECOVERY – FLUID HANDLING Chemical Pharmaceuticals General Industrial 22
Slide 23: Market Recovery – Payment & Merchandising Technologies
MARKET RECOVERY – PAYMENT & MERCHANDISING TECHNOLOGIES Productivity Automation Security 23
Slide 24: Accelerating Results from Organic Investments
ACCELERATING RESULTS FROM ORGANIC INVESTMENTS Consistently investing in organic growth Building upon historical positions in key markets Pushing investments in new technologies and platforms Winning today on past investments Solidly positioned for the future on today’s investments 24
Slide 25: Accelerating Results from Organic Investments
ACCELERATING RESULTS FROM ORGANIC INVESTMENTS New Product Development Breakthrough Innovation Technology Investment Localization Commercial Excellence Incoming Sales Order Customer POs Created in the ERP System 25
Slide 26: Refined M&A Process Reflecting Historical Success
REFINED M&A PROCESS REFLECTING HISTORICAL SUCCESS ~1.5x-2x Forecast Synergies Actual Synergies »» • OVER PAST 10 YEARS, ACQUISITION SYNERGY REALIZATION 1.5 TO 2X ORIGINAL FORECAST 26
Slide 27: Building on a Strong Foundation
BUILDING ON A STRONG FOUNDATION Ethical Culture Philanthropy, Sustainability, Equality Crane Business System » 27
Slide 28: Positioned to Drive Shareholder Return
POSITIONED TO DRIVE SHAREHOLDER RETURN Crane Culture and Business System Growth Above • Organic investments Market and innovation Profit Growth • Consistently strong >2x Sales operating leverage FCF • Sustained improvements Sustainable (100% of NI) TSR Capital • Higher growth area focus Deployment •
Slide 29: R.T. Crane Resolution
R.T. CRANE RESOLUTION I am resolved to conduct my business in the strictest honesty and fairness; to avoid all deception and trickery; to deal fairly with both customers and competitors; to be liberal and just toward employees; and to put my whole mind upon the business. Resolution Made by Richard T
Slide 30: Crane Culture
CRANE CULTURE Ethics & Integrity Honesty & Fairness Philanthropy Sustainability Equality, Diversity & Respect – Globally 30
Slide 31: Crane Culture as a Differentiator
CRANE CULTURE AS A DIFFERENTIATOR A loyal employee gives something besides his labor and the employer should recognize that fact. Richard Teller Crane 31
Slide 32: www.craneco.com
» www.craneco.com