Dana Incorporated · NYSE:DAN
Dana — Deutsche Bank Global Auto Industry Conference 2015
17 slides from Dana's conference presentation, Jan 13, 2015
Slide 1: Dana Holding Corporation – Deutsche Bank Global Auto Industry Conference
Dana Holding Corporation Deutsche Bank Global Auto Industry Conference January 13, 2015 Honesty & Integrity Good Corporate Citizen Open Communication Continuous Improvement Exhibit 99.2 2015 Dana Limited. This presentation contains copyrighted and confidential information of Dana Holding Corporation
Slide 2: Safe Harbor Statement
Safe Harbor Statement Certain statements and projections contained in this presentation are, by their nature, forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on our current expectations, estimates and projections
Slide 3: Dana Snapshot
Dana Snapshot Founded in 1904 Based in Maumee, Ohio 2014 preliminary sales: $6.6 billion Global operations and customers Over 90 major facilities 26 countries on six continents Customers in over 125 countries 15 R&D centers 23,000 people
Slide 4: Applying Dana's Expertise
Applying Dana’s Expertise End Markets Business Segments Competencies And Technologies Light Vehicles: 50% Off-Highway: 20% Heavy Vehicles: 30% Light Vehicle Driveline Commercial Vehicle Driveline Off-Highway Driveline Power Technologies Percent of preliminary 2014 sales 28% 38% 18% 16%
Slide 5: Products and Applications
Products and Applications Axles Driveshafts Sealing Products Thermal Products Light Vehicle Commercial Vehicle Off-Highway Drive Axles Steer Axles Driveshafts Sealing Products Thermal Products Axles Driveshafts Transmissions & Controls Sealing Products Thermal Products Tire Management Systems Centra
Slide 6: 2014 Highlights and Preliminary Results
2014 Highlights and Preliminary Results Strong margin performance overcoming currency and emerging market demand challenges Record margin and th consecutive year of margin growth Record margin performance in 3 of our 4 business units CV margin impacted by supply chain initiatives and Brazil market d
Slide 7: 2015 Expectations
2015 Expectations New business and market demand offsetting currency effects Significant new business launches across all of our segments Capital investment to support future growth Realize benefits of supply chain initiatives Continued focus on new product development and introductions
Slide 8: 2015 Market Expectations
2015 Market Expectations Dana Sales Impact vs 2014 LVD CVD OH PT LVD CVD OH PT LVD CVD OH PT LVD CVD OH PT New Business and Market Offsetting Currency Headwinds in S. America and Europe North America Europe South America Asia Pacific MKT New Business Increasing Sales MKT Sales Impacted by FX MKT Sal
Slide 9: Sales Backlog Continues to Grow
$340 $250 Sales Backlog Continues to Grow Total $730 $140 $480 $730 Increment Increment $560 $600 $730 2015 - 2017 Sales Backlog Flow by Year 2014 - Backlog 2014 - Updated Backlog 2015 - Backlog Sales Backlog Comparison By BU 2014 - 2016 Sales Backlog intact Additional wins in 2014 and fewer expecte
Slide 10: Light Vehicle - Key Program Launches
Light Vehicle - Key Program Launches Jaguar XF & XE Toyota Hilux Nissan Navara GM Colorado/Canyon Suzuki SX4 Mahindra Bolero Mahindra Xylo Mini Ford Everest Ford Super Duty Represents Annual Sales of +$300M at Full Run-Rate
Slide 11: Off-Highway – Key Program Launches
Off-Highway – Key Program Launches Doosan 5T Excavator John Deere Final Tier Four Sany 5T FE Loader XCMG Motor Grader JLG Sky Trak 6000 Series TEREX GTH 6 Represents Annual Sales of +$110M at Full Run-Rate
Slide 12: 2015 Financial Targets
2015 Financial Targets *Calculated based on fully diluted outstanding shares of million - excludes future impact of the share repurchase program See appendix for comments regarding the presentation of non-GAAP measures Key Financial Metrics 2015 Targets Sales $6.7 – $6.8 B Adjusted EBITDA $760 – $78
Slide 13: 2015 Sales and Adjusted EBITDA
2015 Sales and Adjusted EBITDA FX Adjusted ~$6.3B 2015 Target $6.7B $6.8B FX Adjusted ~$705M 2015 Target $760M $780M +$400 - 500M +$55 - 75M FX ~$(40)M FX ~$(300)M See appendix for comments regarding the presentation of non-GAAP measures Light Vehicle Driveline ~$2.7 B Sales ~10% Margin Commercial V
Slide 14: 2016 Sales and Adj. EBITDA Margin Targets Update
2016 Sales and Adj. EBITDA Margin Targets Update Backlog $40M FX $(400)M Market $(200)M ~ $8 B ~ $7.4 B Original Sales Target Revised Sales Target Euro and Emerging Market Impacts Tempered Emerging Markets and Global Off- Highway Exit Rate 13% Exit Rate 13% - 14% 2015 Assumption Changes Sales Backlo
Slide 15: Driving Shareholder Value
Driving Shareholder Value Invest in Current Business / Organic Growth Protect Access to Capital Inorganic Growth Initiatives Shareholder Value Initiatives Capital Allocation Focus Strength 2015 Capital Spending Target: $300-320M Rating: BB+ Outlook: Stable M&A Focus: Bolt-on, adjacent technology acq
Slide 16: The Dana Advantage
The Dana Advantage Trajectory set for profitable growth $730M+ New business coming on-line through 2017 2016 expected Adjusted EBITDA exit rate of 13%+ Investing for future Capital investments in 2015 supporting new business growth Supply chain improvements providing efficiencies Strong cash flow ge
Slide 17: Appendix Non-GAAP Financial Information
Appendix Non-GAAP Financial Information The preceding slides refer to Adjusted EBITDA, which we’ve defined to be earnings from continuing and discontinued operations before interest, taxes, depreciation, amortization, equity grant expense, restructuring expense and other nonrecurring items (gain/los
Dana Holding — Deutsche Bank Global Auto Industry Conference 2015 on 6ix