Chart Industries, Inc. · NYSE:GTLS
Chart Industries — Q1 2019 Earnings Presentation
11 slides from Chart Industries's earnings presentation, Apr 18, 2019
Slide 1: Chart Industries First Quarter 2019
Exhibit 99.2 Chart Industries First Quarter 2019 April 18, 2019 © 2019 Chart Industries, Inc. Confidential and Proprietary © 2019 Chart Industries, Inc. Confidential and Proprietary
Slide 2: Forward Looking Statements
Forward Looking Statements Certain statements made in this news release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning the Company’s business plans, including statements regarding the
Slide 3: Q1 2019 Order Activity
Q1 2019 Order Activity All results reflect continuing operations E&C D&S East D&S West +182% +30% (13%) $264 Highest in history $131 $114 $94 $83 $64 Q1 2018 Q1 2019 Q1 2018 Q1 2019 Q1 2018 Q1 2019 •Big LNG • Industrial gas • Industrial gas • Air Cooled Heat Exchangers • LNG fueling systems • Long t
Slide 4: Big LNG Order Opportunities: 2019
Big LNG Order Opportunities: 2019 Number Project Chart Customer Operator Size Chart Content Expected Timing of Chart orders 1 - Calcasieu Pass BHGE Venture Global 10 MTPA 18 cold boxes, BAHX Throughout 2019 BOOKED 2 – Gimi (Tortue) Black & Veatch Golar 3.75 MTPA 4x Cold boxes, BAHX 1H 2019 BOOKED 3
Slide 5: Q1 2019 Margin Expansion Actions
Q1 2019 Margin Expansion Actions ($M) Facility Headcount Price Product Line Projected Projected Reduction / Reduction / Increases and Rationalization Incremental OpInc Impact Consolidation Other Supply Chain (1) Annual to 2019 Versus (1) Savings Prior Guide E&C Announced Absorbed consolidation from
Slide 6: Innovation is Yielding Opportunities
Innovation is Yielding Opportunities Energy & Chemicals D&S West Tuf-Lite IV Axial Flow Fan CO2 Trifecta for Extraction Up to 24 Extractors are able to be supplied by a CO2 Trifecta tied to our current CO2 Bulk Tanks • Blade count reduction between 2 and 6 • High pressure liquid CO2 feeds extractor
Slide 7: Revenue Guidance
2019 Revenue Guidance 2018 actual ($M) 2019 Prior Guidance ($M) 2019 Guidance ($M) $1,084 $1,260 ‐ $1,310 $1,290 ‐ $1,340 Ref # Description Revenue ($M) 1 2018 Actual $1,084 2 Organic growth 70 – 100 3 +10.5 months incremental VRV + synergies 100 – 120 4 Pricing 3 – 4 5 2019 Prior Guidance $1,260 -
Slide 8: Adjusted EPS Guidance
2019 Adjusted EPS Guidance 2018 actual 2019 Prior Guidance 2019 Guidance $2.02 $2.50 - $2.85 $2.70 ‐ $3.05 Ref # Description Revenue ($M) Adjusted EPS (1) 1 2019 Prior Guidance $1,260 - $1,310 $2.50 - $2.85 2 Calcasieu Pass and Gimi 28 – 30 0.17 – 0.21 3 Q1 incremental restructuring benefits 0.08 Ac
Slide 9: Guidance
2019 Guidance FY 2018 Results Prior FY 2019 Guidance Full Year 2019 Sales Sales Sales $1.08B $1.26B - $1.31B $1.29B - $1.34B 28.6% growth 17% - 22% growth Inclusive of 2019 portion of 13.4% organic growth 7%-9% organic growth Calcasieu Pass and Golar Gimi Adjusted EPS Adjusted EPS Adjusted EPS (1) $
Slide 10: Q1 Adjusted EPS
Q1 Adjusted EPS $ millions, except per share amounts Continuing Operations Q1 2019 Q1 2018 Change V. PY Income $0.9 $4.2 ($3.3) from continuing operations Reported EPS $0.03 $0.13 ($0.10) 1 Restructuring and transaction‐related costs 0.23 0.05 0.18 2 Integration and Step Up Costs 0.09 ‐ 0.09 3 Other
Slide 11: Guidance
2019 Guidance FY 2018 Results Prior FY 2019 Guidance Full Year 2019 Sales Sales Sales $1.08B $1.26B - $1.31B $1.29B - $1.34B 28.6% growth 17% - 22% growth Inclusive of 2019 portion of 13.4% organic growth 7%-9% organic growth Calcasieu Pass and Golar Gimi Adjusted EPS Adjusted EPS Adjusted EPS (1) $