Csx Corporation · NASDAQ:CSX
Csx — Credit Suisse Global Industrials Conference 2013
9 slides from Csx's conference presentation, Dec 4, 2013
Slide 1: Forward-Looking Statements
Credit Suisse Industrials Conference 1 Forward-Looking Statements This information and other statements by the company may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act with respect to, among other items: projections and estimates of earnings,
Slide 2: Presentation overview
Presentation overview . . . CSX has a long-term proven track record of success — Performance has been sustained even through challenging business conditions Company’s network reaches all major eastern markets — Connects population centers, ports, manufacturing and natural resources Business po
Slide 3: Expect 2013 EPS to slightly exceed 2012 levels
Expect 2013 EPS to slightly exceed 2012 levels Financial momentum continues despite coal headwinds — Expect earnings per share growth for 2013 on the strength of first three quarters Fourth quarter expected to be more challenging — Facing headwinds from incentive compensation and real estate gai
Slide 4: Broad-based growth for fourth quarter-to-date
Broad-based growth for fourth quarter-to-date Year-Over-Year Change in Volume First Half Third Quarter Fourth Quarter-to-date 11% 11% 9% 7% 7% 6% 6% 4% 4% 2% 1% (2%) (2%) (5%) (7%) (7%) (10%) (14%) Construction Industrial Agricultural Intermodal Domestic Export Coal Sector Sector Sector Coal Note: F
Slide 5: Southern inventory overhang to continue into 2014
Southern inventory overhang to continue into 2014 Domestic Coal NY ISO Northern Utility Inventory Levels 66 days Days of Burn 2006-2010 Average 2012 2013 100 75 RFC-PJM 50 25 52 days 0 East Central Jan Mar May July Sep Nov 79 days Southern Utility Inventory Levels Days of Burn 2006-2010 Average 2012
Slide 6: Majority of business growing faster than economy
Majority of business growing faster than economy Merchandise/Intermodal Superior service is foundation Volume Growth vs. GDP/IDP for price and profitable growth 2009 through 2013 Third Quarter — Merchandise/intermodal up 5.8% $2.5 billion since 2009 Merchandise volume growth 4.0% driven by indus
Slide 7: NW Ohio hub enhances network connectivity
NW Ohio hub enhances network connectivity Intermodal Montreal Northeast Hub and spoke coupled with Midwest corridor lanes key differentiator Boston — Creates broader reach in eastern NY/NJ Chicago U.S. markets Philadelphia Baltimore St Louis Approach combined with Hampton Roads Piedmont superior
Slide 8: ... and future opportunity aligns with CSX's network
. . . and future opportunity aligns with CSX’s network Intermodal Montreal Total eastern opportunity is Boston about 9 million truck loads Chicago — Reflects truckload moves NY/NJ greater than 550 miles Philadelphia Baltimore St Louis Significant majority overlays Hampton Roads CSX’s intermodal
Slide 9: Credit Suisse Industrials Conference
Credit Suisse Industrials Conference 17 9
CSX — Credit Suisse Global Industrials Conference 2013 on 6ix