Deere & Company · NYSE:DE
Deere & — Investor Day (January 2020)
17 slides from Deere &'s investor day presentation, Jan 8, 2020
Slide 1: CES Analyst Day
CES ANALYST DAY JANUARY 2020, LAS VEGAS, NV
Slide 2: Safe Harbor Statement & Disclosures
Safe Harbor Statement & Disclosures Commentary and discussion from the CES analyst day and these slides may include forward- looking statements and information concerning the company’s plans and projections for the future, including estimates and assumptions with respect to economic, political, tech
Slide 3: CES Analyst Day
CES Analyst Day 8:30 - 9:15 — Presentation (May, Campbell) 9:15 - 10:00 — Q&A (May, Campbell, Jepsen) 10:00 - 11:00 — Transportation to CES Booth 11:00 - 12:15 — Booth Tour
Slide 4: Priorities and Outcomes
PRIORITIES OUTCOMES Focused capital allocation – Intensify precision ag investments – Aftermarket and Retrofit – Financial – Address low-performing products – Operational Aligned cost structure – Sustainability – Organizational design for future – Optimize footprint
Slide 5: Production Systems Approach Leads to Innovations Like These
PRODUCTION SYSTEMS APPROACH LEADS TO INNOVATIONS LIKE THESE
Slide 6: The All New 8R Tractor
The All New 8R Tractor Ultimate Precision Ag Tractor: – Integrated GPS receiver with Gen 4 display – 5-year JD-Link connectivity – AutoTrac activation with turn automation – Sensor technology for automation Scalable Modular Architecture: – First of next-generation tractors – Designed to scale across
Slide 7: Automation to Autonomy
Automation to Autonomy TODAY’S TECH TOMORROW’S TECH JOB EXECUTION FORWARD PERCEPTION
Slide 8: Insights to Intelligence & Anywhere Management
Insights to Intelligence & Anywhere Management
Slide 9: Plant-level Management
Plant-level Management Plant-level Management: – Machines optimize conditions FIELD for individual plant ZONE PLANT LEVEL Competencies Required: ROW – Machine learning – Computer Vision – Robotics See & Spray: – See & Spray is first application of plant-level management – Leverages existing suite of
Slide 10: Aftermarket Opportunity
Aftermarket Opportunity – Higher penetration of parts throughout entire life-cycle of machine – Predictive maintenance alerts enabled by telematics on capable machines – Capitalize on significant opportunity in retrofit market
Slide 11: Repositioning Organization to Capture Opportunity Ahead
Repositioning Organization to Capture Opportunity Ahead Industry is changing… AUTOMATED. EASY TO USE. BIGGER. FASTER. STRONGER. MORE PRECISE. Deere is aligning organization to meet the challenge AUTONOMY | EMPOWERMENT | ACCOUNTABILITY
Slide 12: Guidance Recap: Industry Forecast for 2020
Guidance Recap Industry Forecast for 2020 U.S. and EU 28 Ag South America Ag Asia Ag U.S. and Canada Canada Ag (tractors and combines) Turf & Utility Down ~5% ~ Flat ~ Flat ~ Flat ~ Flat
Slide 13: Glidepath to 15% Margins
Glidepath to 15% Margins Cost 15% Opportunities Aftermarket & Retrofit – Organizational structure Precision Ag and design – Footprint assessment ~12.5% – Increased penetration across lifecycle – Wirtgen cost synergies – Significant opportunity – Continued adoption plus in retrofit intro of new techn
Slide 14: Operational Outcomes
Operational Outcomes Priorities Operational Outcomes Focused R&D – Greater emphasis on differentiation and investments – Operations more responsive to changing market conditions Agile organization with – More efficient structure to serve optimized footprint global markets
Slide 15: Uniquely Positioned to Deliver Sustainable Outcomes
Uniquely Positioned to Deliver Sustainable Outcomes
Slide 16: Are You Ready For...
ARE YOU READY FOR... -_ cj ear ——— awe
Slide 17: John Deere
@ JOHN DEERE