Federal Signal Corporation · NYSE:FSS
Federal Signal — Investor Presentation (May 2008)
18 slides from Federal Signal's investor presentation, May 27, 2008
Slide 1: Federal Signal Corporation
May 21, 2008 Federal Signal Corporation
Slide 2: Safe Harbor
This presentation contains various forward-looking statements as of the date hereof and the Company undertakes no obligation to update these statements regardless of new developments or otherwise. Statements in this presentation that are not historical are forward-looking statements. These risks and
Slide 3: Investment Highlights
100+ years of product leadership Diverse markets Shift to higher-growth, higher-return products Focus on cost structure Leadership change Investment Highlights
Slide 4: Management Team
Management Team Executive Officer Position (Years at FSS) [Ml Experience (Years in Industry) Jim Goodwin Interim CEO 2 United Aitines 40 Stephanie Kushner Senior VP, CFO 6 FMC, Amoco 28 Dave McConaughey President, SSG 2 oe 30 Esa Peltola President, Bronto ar Bronto 38 Mark Weber President, ESG 1" ‘C
Slide 5: Revenues and Orders 2007
Segment Revenues $942 million Customer Orders $998 million 2007 Revenues and Orders (restated for disc ops of Tool & E-ONE) Environmental Solutions 48% Fire Rescue 13% Safety & Security Systems 39% U.S. Municipal 31% U.S. Industrial/ Commercial 26% Non-U.S. 43%
Slide 6: Product Leadership Drives Our Business
Product Leadership Drives Our Business Renewed focus on providing best-in-class products and solutions 100+ year history of product leadership #1 or #2 in most markets Mission-critical products Trusted brands - proven performance Boosted new product engineers by more than 50% in past year FS Codespe
Slide 7: Recent History
Recent History Initiated "Shrink to Grow" strategy 2004 2005 2006 2007 February Divested Cutting Tools Acquired Security-Focused Technology Companies Significant New Products Launched New Growth Strategy Launched Closed 6 plants Sold/Divested 7 Business Units Formalized New Product Development Proce
Slide 8: Tightened Strategic Focus
Tightened Strategic Focus Leasing portfolio Plastisol Preble Justrite TTI Victor product lines Refuse FAPD do Brasil Superior Tool Group Codespear $17M Riverchase $7M PIPS $126M "Shrink to Grow" 2007 Acquisitions $210 million $150 million
Slide 9: 2007 Acquisitions
2007 Acquisitions Sinmitions Purchase Strategic Target Price Rationale Codespear $17M @ Personal alerting complements mass-warning ¢ Best interoperable communications product ¢ Software platform Riverchase 7M Software modules sought by EOC s Modules easily plug into Codespear platform Strong reselle
Slide 10: Long Term EV Growth Strategy
Long Term EV Growth Strategy Safety & Security Focus resources on public safety markets Integrate products into solutions Environmental Solutions Expand globally Increase capacity Add intelligence to products E-One Discontinued operation Available for sale Bronto Increase capacity Accelerate North A
Slide 11: Safety and Security Systems Group
Safety and Security Systems Group Mobile Vehicular Systems Industrial Communications, Safety and Security Public Safety Systems Products Lightbars, beacons, sirens, mobile data systems, speakers and license plate recognition systems Beacons, horns, interoperable communications systems, mining and ma
Slide 12: SSG Organic Growth
SSG Organic Growth ($ in millions) +18% +17% CAGR = 2%
Slide 13: Environmental Solutions Group
Environmental Solutions Group Sweepers Vacuum Trucks - Municipal Vacuum Trucks - Industrial Water Blasters Products Street, parking lot and industrial sweepers Sewer and catch basin cleaners, glycol recovery vehicles, hydro excavating vehicles Vacuum loaders that clean up industrial waste or recover
Slide 14: ESG Organic Growth
ESG Organic Growth ($ in millions) +21% +5% CAGR = 5%
Slide 15: Fire Rescue Group
15 Fire Rescue Group Rescue and Fire General Purpose Electric Utility Products Telescopic and articulated aerial devices for rescue and fire Telescopic and articulated aerial devices for general purposes Insulated telescopic and articulated aerial devices for transmission line work Customers Municip
Slide 16: Bronto Organic Growth
Bronto Organic Growth ($ in millions) +53% +51% CAGR = 13%
Slide 17: Segment Overview
egment Overview Sin mitionsy Operating Assets Revenue _LT Organic Margin % 12/31/07 2007 Growth 2007 LT Target Safety & Security $419 $367 10% — 15% 13.5% 14% — 16% Environmental 213 451 6-8 8.9 9-10 Fire Rescue (Gronto only) 120 118 6-8 6.7 9-10 tr FEDERAL SIGNAL | Advancing security and wellbeing.
Slide 18: Federal Signal
FEDERAL SIGNAL Advancing security and well-being. bn SIGNAL | Acbancing secuityand weltbeing. fe