Slide 1: Trinity Industries, Inc. March 2013
Trinity Industries, Inc. March 2013 Exhibit 99.1
Slide 2: Forward Looking Statements
2 Forward Looking Statements This presentation contains “forward looking statements” as defined by the Private Securities Litigation Reform Act of 1995 and includes statements as to expectations, beliefs and future financial performance, or assumptions underlying or concerning matters herein. These
Slide 3: Agenda
3 Agenda I. Overview II. Key Investment Considerations III. Strategy and Vision IV. Financial Highlights V. Appendix
Slide 4: Trinity Industries, Inc. Overview
$- $0.50 $1.00 $1.50 $2.00 $2.50 $3.00 $3.50 $4.00 $0 $500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500 $4,000 2007 2008 2009 2010 2011 2012 Rail Group Leasing Barge CPG EEG All Other EPS, Total Company I. Trinity Industries, Inc. Overview 4 Trinity Industries, Inc. is a diversified industrial compan
Slide 5: Key Investment Considerations
II. Key Investment Considerations 5 Leading Market Positions Diversified Portfolio of Businesses Flexible and Cost-Effective Manufacturing Seasoned Performers Enrichment Value Focused
Slide 6: Leading Market Positions
Leading Market Positions 6 Rail Group Leading manufacturer of railcars in North America Leading manufacturer of railcar axles in North America Leading manufacturer of railcar coupling devices in North America Railcar Leasing and Management Services Group Leading provider of railcar leasing a
Slide 7: Diversified Portfolio of Businesses
Diversified Portfolio of Businesses 7 PRESENT (FY 2012) MEASUREABLE PROGRESS OVER LAST 10 YEARS Total Revenues = $3.8 B Revenues Operating Profit(1) Our diversified portfolio of businesses generated a higher level of EPS on a similar level of deliveries during the last cyclical rail industry downtur
Slide 8: Flexible and Cost-Effective Manufacturing
Flexible and Cost-Effective Manufacturing 8 Flexibility Cost-Effective Trinity's manufacturing flexibility across product and business segments enhances our ability to opportunistically respond to changes in market demand Trinity’s manufacturing scale, vertical integration, and presence in the South
Slide 9: Enrichment Value Focused
Enrichment Value Focused 9 E x te rn a l R e p o rti n g G ro u p s O p e ra tio n a l Foc u s A re a s Rail Leasing Construction Energy Inland Barge Customer Sharing Internal Component Sourcing Shared Best Manufacturing Practices Facility Optimization Centralized Cost Savings Trinity focuses on col
Slide 10: Seasoned Performer Across Economic Cycles
10 Seasoned Performer Across Economic Cycles Trinity is uniquely positioned to emerge from a severe down cycle with more opportunity for growth to generate significant profits during an up cycle Seasoned management team knows how to assess the market, proactively plan for cycles and address chan
Slide 11: Strategy and Vision: Operational
III. Strategy and Vision: Operational 11 Strategically Grow the Lease Fleet Maximize Manufacturing Efficiency Selectively Build our Backlogs Diversify Through Organic Growth Acquire Complementary Product Portfolios Be a premier, diversified industrial company that generates superior earnings and ret
Slide 12: Strategy and Vision: Financial
Liquidity (at 12/31/12): ~ $1,231 mm Strategy and Vision: Financial 12 Maintain a conservative and liquid balance sheet to be attractively positioned to capitalize on opportunities Working Capital Capital Expenditures Acquisitions Shareholder Distributions Corporate Debt(1) - Convertible Subordinate
Slide 13: Financial Highlights: Earnings and EBITDA Summary
$3.45 $1.33 $0.85 $1.77 $3.19 $- $0.50 $1.00 $1.50 $2.00 $2.50 $3.00 $3.50 $4.00 2008 2009 2010 2011 2012 $667 $443 $470 $612 $774 $0 $100 $200 $300 $400 $500 $60 $700 $800 $900 2008 2009 2010 2011 2012 13 IV. Financial Highlights Trinity’s Earnings Summary FY 2008 – FY 2012(3) LTM as of December 31
Slide 14: Guidance and Outlook
Guidance and Outlook (As of February 21, 2013) 14 Rail Group Revenues ~ $2.4 – 2.6 billion in FY 2013 OP Margin ~ 14 - 16% in FY 2013 Shipments ~ 20,500 – 22,000 in FY 2013 Leasing Group Revenues from Operations ~ $550 – 580mm in FY 2013 OP from Operations ~ $250 - 275mm in FY 2013 Revenue Eliminati
Slide 15: Appendix: Operating Business Summaries
Appendix: Operating Business Summaries
Slide 16: Rail Group
0 10,000 20,000 30,000 40,000 50,000 60,000 70,000 80,000 90,000 100,000 Railcar Deliveries (1958 - 2017P) Projections based on Third Party estimates(1) $2,382 $2,563 $895 $522 $1,275 $2,013 -4.0% 0.0% 4.0% 8.0% 12.0% 16.0% $- $500 $1,000 $1,500 $2,000 $2,500 $3,000 2007 2008 2009 2010 2011 2012 Rai
Slide 17: Railcar Leasing & Management Services Group
$272 $314 $329 $461 $493 $529 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% $0 $100 $200 $300 $400 $500 $600 2007 2008 2009 2010 2011 2012 TILC Revenue TRIP Revenue Operations Margin PBT Margin 0 10,000 20,000 30,000 40,000 50,000 60,000 70,000 3/00 12/01 12/02 12/03 12/04 12/05 12/06 12/07 12/08 12/09 12/10
Slide 18: Inland Barge Group
$493 $625 $527 $422 $549 $675 0% 3% 6% 9% 12% 15% 18% 21% 24% $- $100 $200 $300 $400 $500 $600 $700 $800 2007 2008 2009 2010 2011 2012 Revenues OP Margin 18 Revenues up 23% in FY 2012 vs. FY 2011 Profitability continues to be strong compared to historical averages for this business - Operating P
Slide 19: Construction Products Group
$326 $361 $281 $354 $453 $484 6.0% 7.0% 8.0% 9.0% 10.0% 11.0% 12.0% 13.0% 14.0% $- $100 $200 $300 $400 $500 $600 2007 2008 2009 2010 2011 2012 Highway Products Other OP Margin 19 Revenues increased 6.7%, however Operating Profit decreased 18.0% FY 2012 vs. FY 2011 as a result of competitive pricin
Slide 20: Energy Equipment Group
$434 $633 $510 $420 $473 $ 559 0% 2% 4% 6% 8% 10% 12% 14% 16% 18% $- $100 $200 $300 $400 $500 $600 $700 2007 2008 2009 2010 2011 2012 Wind Tower Revenues Other Revenues OP Margin 20 Structural Wind Towers: Revenues of $262 million in FY 2012 Backlog of $680 million(1) as of 12/31/12 Plants are
Slide 21: Reconciliation of EBITDA
2008 2009 2010 2011 2012 Income (loss) from continuing operations $266.8 ($140.8) $69.4 $146.8 $251.9 Add: Interest expense 109.4 123.1 182.1 185.3 194.7 Provision/(Benefit) for income taxes 163.5 (11.5) 37.3 92.2 134.0 Depreciation & amortization expense 126.8 147.1 180.9 187.7 193.7 Goodwill impai