Douglas Dynamics, Inc. · NYSE:PLOW
Douglas Dynamics — Q3 2023 Earnings Presentation
6 slides from Douglas Dynamics's earnings presentation, Oct 31, 2023
Slide 1: 3Q23 Earnings Call Supplemental Information
dd DOUGLAS DYNAMICS 3Q23 EARNINGS CALL SUPPLEMENTAL INFORMATION October 31st, 2023
Slide 2: Forward-Looking Statements
FORWARD-LOOKING STATEMENTS dd “This prosontaton contain cortain forward.looking statomonts within the moaning of Section 21E ofthe Securtios Exchango Act of 1984, as amended. Those statoments include information relating to future evens, future financial performance, strategies, expectations, compet
Slide 3: Executing on Factors Within Our Control
EXECUTING ON FACTORS WITHIN OUR CONTROL Total Internal Growth Drivers Total External Growth Drivers. | 18 2023 Current EBITDA Plan Internal Growth Drivers (including Baseline profit improvements, Pricing, New product introductions) are expected to come in ~50% above plan 2023 performance has been si
Slide 4: Shifting to El Nino Pattern
HIFTING TO EL NINO PATTERN Our observation: + Past four years = La Nina pattems - typically lower precipitation on the East Coast + Shifting to El Nino pattern for next three years . wre leads to above average precipitation ; i Fh 3k¢ y Near Normal 7 Above Normal
Slide 5: WTS: Improved 3Q23 Results
WTS: IMPROVED 3Q23 RESULTS dd Positives + Improved chassis availability translated into stronger results in 3023 compared to 3022 Significant EBITDA margin improvement to 7.3% in 3Q23 compared to 3Q22. UAW strike has not impacted WTS to date. Tentative agreement between UAW and OEMs. or ogee uni Le
Slide 6: Updating Outlook
UPDATING OUTLOOK Positives WTA: Dealer sentiment and financial health remain positive. ‘Low Snowfall Playbook’ actions positively impacting results. WTS: Continued strong backlog and pricing recovery. Internal growth drivers are paying off. Continued baseline profit improvements in both segments. (©
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