Csx Corporation · NASDAQ:CSX
Csx — J.P. Morgan Aviation, Transportation and Industrials Conference 2015
9 slides from Csx's conference presentation, Mar 4, 2015
Slide 1: Forward-Looking Statements
Forward-Looking Statements This information and other statements by the company may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act with respect to, among other items: projections and estimates of earnings, revenues, margins, volumes, rates, cost
Slide 2: Presentation overview; financial results top-tier across broader market
Presentation overview . . . Earnings growth sustained in 10 of last 11 years — Overcame energy transition; reflects strong network reach and balanced portfolio Strong EPS growth expected in the first quarter — Still targeting double-digit EPS growth for full year 2015 Service excellence strate
Slide 3: Earnings strong as energy transition stabilizes
Earnings strong as energy transition stabilizes Record EPS despite nearly Merchandise/Intermodal $900M decline in coal revenue revenue grows $1.7 billion EPS Coal Revenue in Billions $9.40 $1.92 $1.83 $8.73 $1.79 $8.25 $1.70 $7.74 $3.71 $3.19 $2.90 $2.85 2011 2012 2013 2014 2011 2012 2013 2014 5 Net
Slide 4: Volume increases 5% through first eight weeks; first quarter outlook
Volume increases 5% through first eight weeks First Quarter Year-Over-Year Volume Growth 10% 7% 6% 4% 2% 0% Intermodal Industrial Construction Agricultural Domestic Export Sector Sector Sector Coal Coal Note: Volume data reflects shipments fiscal week 8 ending February 20, 2015 7 First quarter outlo
Slide 5: Service Excellence foundation for key value drivers
Service Excellence foundation for key value drivers Pricing Above Inflation Drive Greater Efficiency Grow Faster than GDP Same Store Sales Pricing Efficiency Savings Help Merchandise/Intermodal Versus Rail Inflation Offset Cost Inflation Volume Growth Versus GDP Consolidated Inflation Volume Growth
Slide 6: Long-term secular trends drive broad-based growth
Long-term secular trends drive broad-based growth Eastern U.S. highway congestion Highway system already congested, favors rail transportation long-term especially in eastern United States Freight demand in the U.S. projected to grow more than 50% by 2040 Trucking challenges generates growth o
Slide 7: Future opportunity aligns with CSX's network
Future opportunity aligns with CSX’s network Montreal Total eastern opportunity is about 9 million truck loads Boston — Reflects truckload moves greater Chicago than 550 miles NY/NJ Philadelphia Baltimore Significant majority overlays St Louis Hampton Roads CSX’s intermodal network — H2R initiat
Slide 8: Industrial development helps drive broader growth; Wrap-up
Industrial development helps drive broader growth 2014 Customer Investments New or expansion projects on CSX totaled over 100 in 2014 — Nearly 600 over last five years Represents 160,000 carloads once projects are fully on-line — Nearly 700,000 over last five years Customer investments have to
Slide 9: J.P. Morgan Aviation, Transportation & Industrials Conference
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