Ford Mtr Co Del · NYSE:F
Ford Mtr Co Del — Ford Motor — Debt Investor Presentation (September 2018)
9 slides from Ford Mtr Co Del's debt investor presentation, Sep 14, 2018
Slide 1: Fixed Income Investor Presentation September 17, 2018
Fixed Income Investor Presentation September 17, 2018
Slide 2: Creating Tomorrow, Together
Creating Tomorrow, Together Our Freedom of movement drives human progress. Belief Our To become the world’s most trusted company, Aspiration designing smart vehicles for a smart world. Passion for Product & Deep Customer Insight Our Plan for Value Creation Winning Propulsion Autonomous Mobility Port
Slide 3: Capital Strategy Framework
Capital Strategy Framework Investment Grade Incremental Fund The Plan / Value Creation Balance Sheet Opportunities • Liquidity At Target • Product Renewal • Sustainable Regular Dividend • Additional Growth • Investment Grade Credit • Profitable Growth • Anti-Dilutive Share Opportunities Rating Throu
Slide 4: Company Balance Sheet And Liquidity
Company Balance Sheet And Liquidity (Bils) 2017 2018 Dec 31 Jun 30 Company excl. Ford Credit Company Cash $ 26.5 $ 25.2 Liquidity 37.4 36.1 • Company cash and liquidity Debt $ 16.5 $ 16.2 balances remain strong Cash Net of Debt 10.0 9.0 • Extended maturity dates of Company Balance Sheet Underfunded
Slide 5: Ford Credit -- A Strategic Asset
Ford Credit -- A Strategic Asset Earnings Before Taxes Distributions $4.9 $3.7 $2.9 $3.1 $2.5 $2.5 $2.4 $2.3 $2.1 $2.0 $2.0 $2.0 $1.7 $2.1 $1.8 $1.8 $1.9 $1.9 $1.2 $(2.6) 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 fcst Over The Last 20 Ye
Slide 6: Winning Portfolio – Capital Focused on High-Margin, High-Growth Businesses
Winning Portfolio – Capital Focused on • Roadmap for potential High-Margin, High-Growth Businesses EBIT charges of $11B with ROIC (%) HIGHLY ACCRETIVE cash-related effects of $7B over + North Circle size = 2017 +/- EBIT (Bils) the next 3 to 5 years America 30% ~100% of − North America strong – Compa
Slide 7: Europe – Focus On Fitness
Europe – Focus On Fitness • CVs remain the cornerstone of Europe business and strategy – continued strong 2Q performance Commercial • Ford brand #1 in European 2Q CV sales – sales up 11%; share up from 12.8% to 13.2% Vehicles • Transit top-selling CV nameplate; Ranger #1 pickup • Fiesta launch succe
Slide 8: China Deep Dive – Structural And Go-To-Market Issues
China Deep Dive – Structural And Go-To-Market Issues Dealers • Actions to improve dealer support and profitability executed end 2Q Disengaged • High dealer stock levels being addressed aggressively Uncompetitive • Localize assembly of Explorer and Lincoln (starting with new Small Utility early 2020)
Slide 9: Cautionary Note On Forward-Looking Statements
Cautionary Note On Forward-Looking Statements Statements included or incorporated by reference herein may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on expectations, forecasts, and assumptio
Ford Motor — Debt Investor Presentation (September 2018) on 6ix