18 slides from Patrick Industries's shareholder meeting presentation, May 18, 2016
Slide 1: Patrick Industries, Inc. Annual Shareholders Meeting
ick Industries, Inc. Annual Shareholders Meeting May 18, 2016 NASDAQ: PAT
Slide 2: Welcome
Welcome Julie Ann Kotowski Director of Investor Relations -
Slide 3: Forward-Looking Statements
Looking Statements sentation contains certain statements related to future results, our intentions, beliefs and fations or predictions for the future which are forward-looking statements as that term is defined in the te Securities Litigation Reform Act of 1995. These forward-looking statements are
Slide 4: Paul Hassler and Andy Nemeth
Paul Hassler Chairman of the Board Andy Nemeth President & Secretary-Treasurer yy
Slide 5: Strong Brands
Slide 6: 2015 Review
2015 Review Todd Cleveland Chief Executive Officer -
Slide 7: Earnings Growth
arnings Growth Earnings Growth es Sales continue to grow and outpace thelr respective markets, driven by acquisitions, new products and extension growth, and market share gains Net Income and EPS growth continue to outpace our sales growth driven by the following: + Acquistion related revenue + Incr
Slide 8: Stock Performance
rformance Si it Adjusted Stock Performance wen Pmswck Spi coseion == Pet StS ow Pos ‘As of December 31,2016, our splitadjusted closing stock price was $43.50, approximately 99% of our pre-split closing stock price of $43.98 on December 31, 2014, ‘and generating a 48% total shareholder return over th
Slide 9: Acquisition Summary by Year and Highlights
Cquisition Summary by Year 13 Acquistion Highlgh (gPATRICK > $88MM in average revenues acquired from 2010-2015 > $134MM average revenues acquired the past 3 years > $53MM in annualized revenues acquired thus far in 2016
Slide 10: Acquisition Summary
16 Acquisition Summary PrN. ssome | rtmtcng |v ater Way Panes LLe ope sieant | orwtcturng Swetral Compost of ia. se stosua | temcurng [a oe nota North serican é a tice som | Marutctring | RV hasta Paved Patios osm016 sesame Detibuion | VE hast! Tho Posessite Group
Slide 11: Industry Trends
Industry Trends Andy Nemeth President & Secretary-Treasurer -
Slide 12: RV Industry Annual Shipment Trends
try Annual Shipment Trends sg 301 a0 88% dectne in unit shipments ‘rom 2008 = 2010 > 54% neroase in unt shipments from 2010-2015 FESIFLFE ES ISLS LP sgh The RV industry has experienced steady growth over the last six years following a 38% decline in unit shipments during the period of 2006-2010.
Slide 13: MH Industry Annual Shipment Trends
try Annual Shipment Trends FESLELLEES SELLS SPS ge The MH Industry continuss to recover at a slower pace reflecting the resid 58% decline n unit shipments ‘rom 20062040 42% Increase in unl shipments ‘om 2010 2015
Slide 14: Housing Starts Trends
sing Starts Trends 87% dealine m new housing stats from 2008 2010 > 89% increase in new housing starts from 2010-2018 FEF EFS EES IFIP SLS SSS SK We estimate that approximately half of our industrial revenue base in 2015 was directly tied to the residential housing market which appears to have begun
Slide 15: 1st Quarter 2016 Review
1st Quarter 2016 Review
Slide 16: First Quarter 2016 Results
[Net Sat operating Income: [Net Income siz0 | soz | 32% Tak [Netincome per Diluted share $0.80 | soso | 36% 1% MH 41% slndustiad > Sales increased $55 million for the first quarter 2016 + Rv Sale 25% | Indust 11% + MNSales23% | Industry 24% + Industrial Sales 820% | Now housing stars 814% > Content
Slide 17: Geographical & Product Expansion
eographical & Product Expansion (gPATRICK Focus on expansion opportunities, that provide the greatest potential, while understanding any potential risks or pitfalls.
Slide 18: Patrick Industries, Inc. Annual Shareholders Meeting
ick Industries, Inc. Annual Shareholders Meeting May 18, 2016 NASDAQ: PAT