Polaris Inc. · NYSE:PII
Polaris — Raymond James 44th Annual Institutional Investors Conference 2023
13 slides from Polaris's conference presentation, Mar 7, 2023
Slide 1: Raymond James 44th Annual Institutional Investors Conference
Mike Speetzen Chief Executive Officer Bob Mack Chief Financial Officer Raymond James 44th Annual Institutional Investors Conference Orlando, Florida - March 7, 2023
Slide 2: Global Leader in Powersports: 2022-2026 Targets
PuslLARiS Think Outside GLOBAL LEADER IN POWERSPORTS Powering passion and pioneering new possibilities for all those who play, work and THINK OUTSIDE Best Customer Experience © Rider-Driven Innovation ce Best Team, Best Culture 4+ Inspirational Brands Agile & Efficient Operations #4 Geared For Good
Slide 3: Polaris At-a-Glance
Polaris At-a-Glance #1 Powersports Industry-Leading Innovation Strong Financial Position Market Share Leader 25+ New Products & 2022 Adjusted* Results #1 Off-Road Vehicles ~500+ New Accessories in 2022 #1 Pontoons Digital Innovation SALES EPS ROIC $8.6B $10.40 25% #2 Snowmobiles Connected Vehicle/Ri
Slide 4: Business Segment Overview
Business Segment Overview 2022 Total Company Sales OFF ROAD ON ROAD MARINE $8.6B* 75% 14% 11% +15% YOY Growth Off Road 14% On Road 75% 11% Marine International United 14% Off-Road Vehicles States Ranger, RZR, General, Sportsman Indian Motorcycle 7% Canada Bennington 79% Snowmobiles Slingshot RMK, In
Slide 5: Why Invest in Polaris
Why Invest in Polaris Solid, Stable Growth in Core Powersports Significant Competitive Moat Track Record of Winning Innovation Improving EBITDA Margin Rate & Growing EBITDA Dollars Strong Balance Sheet & Attractive ROIC Disciplined Capital Deployment Strategy Simple, Focused Strategy; Compelling Fin
Slide 6: Geared For Good ESG Report
Geared For Good ESG Report Geared For Good Vision ESG Framework 2021 Report Highlights • Achieved record low safety recordable incident rates across many facilities • Began a 5-year, $5 million partnership with the National Forest Foundation o Will provide grants and project funding to support outdo
Slide 7: Q&A
Q&A R.James Conf. 3-7-23 7
Slide 8: Appendix
Appendix • Safe Harbor & Non-GAAP Measures • GAAP/Non-GAAP Reconciliations R.James Conf. 3-7-23 8
Slide 9: Safe Harbor & Non-GAAP Measures
Safe Harbor & Non-GAAP Measures Except for historical information contained herein, the matters set forth in this presentation are forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ materially from those forward-looking statements. Poten
Slide 10: Non-GAAP Reconciliations – Total Company
Non-GAAP Reconciliations – Total Company Reconciliation of GAAP "Reported" Results to Non-GAAP "Adjusted" Results (In Millions, Except Per Share Data; Unaudited) R.James Conf. 3-7-23 10
Slide 11: Non-GAAP Reconciliations – Net Income to Adjusted EBITDA
Non-GAAP Reconciliations –Net Income to Adjusted EBITDA Reconciliation of Net Income to Adjusted EBITDA (In Millions, Unaudited) R.James Conf. 3-7-23 11
Slide 12: Non-GAAP Reconciliations – Segments / Cash Flow
Non-GAAP Reconciliations – Segments / Cash Flow Reconciliation of GAAP Segment Gross Profit to Non-GAAP Reconciliation of GAAP Operating Cash Flow to Non-GAAP Segment Gross Profit Free Cash Flow (In Millions, Unaudited) (In Millions, Unaudited) Key Definitions: This presentation contains certain GAA
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