Wesco International, Inc. · NYSE:WCC
Wesco International — Debt Investor Presentation (July 2009)
15 slides from Wesco International's debt investor presentation, Jul 28, 2009
Slide 1: Convertible Debenture Exchange Presentation
July 28, 2009 WESCO International, Inc. Convertible Debenture Exchange Presentation Stephen A. Van Oss Senior Vice President Chief Administrative Officer
Slide 2: Safe Harbor Statement
Note: All statements made herein that are not historical facts should be considered as "forward- looking statements" within the meaning of the Private Securities Litigation Act of 1995. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results to
Slide 3: Offer and registration statement notice
3 3 WESCO Confidential-Do not copy or distribute without express permission from WESCO Distribution, Inc. This presentation shall not constitute an offer to sell, buy or exchange or the solicitation of an offer to sell, buy or exchange any securities, nor shall there be any sale, purchase or exchang
Slide 4: Exchange Offer Overview
Exchange Offer Overview WESCO is offering to exchange new 6.00% 2029 convertibles for the outstanding 1.75% 2026 and 2.625% 2025 convertibles WESCO's solid business model continues to offer investors an attractive long-term opportunity: Strong free cash flow generation Long-term earnings prospects E
Slide 5: Exchange Offer Overview: Existing and New Convertibles
Exchange Offer Overview Existing Convertibles Subject to the Exchange Offer Existing Convertibles Subject to the Exchange Offer Existing Convertibles Subject to the Exchange Offer New Issue Convertible Priority 1st 2nd 2nd - Security 2026 Debentures 2025 Debentures 2025 Debentures 2029 Debentures Ra
Slide 6: WESCO Profile
WESCO Profile ....with industry-leading positions Fortune 500 Company headquartered in Pittsburgh, PA Over 6,500 employees including 2,300 outside and inside sales personnel Consistent strategy of market share growth: Local market penetration with coordinated national programs Accretive acquisitions
Slide 7: A strategic supply chain solutions provider
WESCO - A strategic supply chain solutions provider Providing Broad Solutions To Large & Sophisticated Customers Extensive products and services Broad geographic coverage Deep penetration into customer processes Difficult to disintermediate 7 7 WESCO Confidential-Do not copy or distribute without ex
Slide 8: Major End Markets
Major End Markets End Market 2008 End Market Composition Key Market Drivers / Indicators Competitive Differentiators Industrial 39% National Accounts OEM Integrated Supply General Industry Capacity Utilization Industrial Production Manufacturing Employment ISM Purchasing Managers' Index Blue Chip Cu
Slide 9: WESCO's Organic Growth Engine
Double-Digit Growth Over Past 5 Years Fortune 100 Focus Outsourced MRO Procurement Functions Integrating Supply Chain Processes 10% CAGR Over Past 7 Years Fortune 1000 Companies with Multiple Sites Coordinated MRO and Project Procurement Activities Single Contract; Standardized Purchasing and Pricin
Slide 10: Second Quarter End Market Comments
Second Quarter End Market Comments 10 10 WESCO Confidential-Do not copy or distribute without express permission from WESCO Distribution, Inc. End Market Q2 2009 Sales Change Q2 2009 Sales Change Q2 2009 Sales Change Q2 2009 Sales Change Comments WESCO Consolidated (Adjusted) - 25% Q2 Free Cash Flow
Slide 11: WESCO's Focus on Value Drivers
WESCO's Focus on Value Drivers ...yields superior results Quarterly Sales Growth ($ Billions) Annualized CAGR 6% Earnings Per Share CAGR 18% Increasing Free Cash Flow ($ Millions) Cash from operating activities - CAPEX/shares outstanding ROIC(2) 11 Tax Adjusted EBIT / Total Debt + Equity (not adjust
Slide 12: Capital Structure
Capital Structure Second Quarter 2009 Key Financial Metrics Second Quarter 2009 Key Financial Metrics Second Quarter 2009 Key Financial Metrics Second Quarter 2009 Key Financial Metrics Liquidity $389 million Financial Leverage 3.3x Interest Coverage Interest Coverage 7.0x Fixed Rate/ Total Debt 66%
Slide 13: A Solid Foundation
WESCO - A Solid Foundation ....bigger, more diversified, more profitable with a stronger capital structure June 30, 2009 June 30, 2009 2001 - 2003 (Average) 2001 - 2003 (Average) Better End Market Diversification Industrial 36% Industrial 42% Construction* 40% Construction 37% Utility 17% Utility 15
Slide 14: Financial Objectives
Deliver organic sales performance greater than the industry supplemented with accretive acquisitions Protect operating margins Provide superior return on invested capital Manage financial leverage Maximize overall liquidity Financial Objectives 14 14 WESCO Confidential-Do not copy or distribute with
Slide 15: Invest in WESCO
Market leader with low business risk profile Organic sales growth faster than market Proven business model uniquely positioned in large, fragmented growth market Solid ROIC performance Proven acquirer Low cost operator with LEAN mentality Invest in WESCO 15 15 WESCO Confidential-Do not copy or distr
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