Corning Incorporated · NYSE:GLW
Corning — Investor Day (June 2024)
6 slides from Corning's investor day presentation, Jun 11, 2024
Slide 1: Management Meeting and Facility Tour Key Takeaways
Corning Incorporated June 2024 Management Meeting and Facility Tour Key Takeaways Creating Long-term Value • Focused and Cohesive Portfolio: Corning is best-in-the-world in 3 core technologies, 4 manufacturing and engineering platforms, and 5 Market-Access Platforms • Probability of success increase
Slide 2: Example of Value Creation – Generative AI
Example of Value Creation – Generative AI • We leveraged all 3 of our core technologies and 3 out of our 4 manufacturing and engineering platforms to develop a new suite of products to address the challenges of density of compute power, complexity of GPU interconnections, and speed of installation f
Slide 3: Corning Investor Visit: Springboard Opportunity
Corning Investor Visit Springboard Opportunity June 11, 2024
Slide 4: Springboard Framework: $3B+ sales opportunity over next 3 years
Springboard Framework Q1 is the lowest quarter of the year $3B+ sales opportunity over next 3 years Powerful incremental profit and cash flow © 2024 Corning Incorporated
Slide 5: Opportunity – Not Risk Adjusted
Springboard Opportunity – Not Risk Adjusted $9 Incremental Annualized Sales Run-Rate vs. Q4’23 $8 $7 Long-term not risk-adjusted sales opportunity Incremental Sales ($B) $6 $5 $4 $3 $2 $1 $0 Q4'23 Q4'24 Q4'25 Q4'26 Q4'27 Q4'28 © 2024 Corning Incorporated
Slide 6: Opportunity – High-Confidence Plan
Springboard Opportunity – High-Confidence Plan $9 Incremental Annualized Sales Run-Rate vs. Q4’23 $8 $7 We are risk adjusting to our Incremental Sales ($B) $3B+ High-Confidence Plan $6 $5 $4 $3 $3B $2 $1 $0 Q4'23 Q4'24 Q4'25 Q4'26 Q4'27 Q4'28 © 2024 Corning Incorporated