Manitowoc Company, Inc. (the) · NYSE:MTW
Manitowoc Company, Inc. (the) — The Manitowoc Company — J.P. Morgan Global High Yield & Leveraged Finance Conference 2017
20 slides from Manitowoc Company, Inc. (the)'s conference presentation, Feb 28, 2017
Slide 1: The Manitowoc Company, Inc.
The Manitowoc Company, Inc. JP MORGAN GLOBAL HIGH YIELD & LEVERAGED FINANCE CONFERENCE MIAMI BEACH, FL FEBRUARY 28, 2017
Slide 2: Forward-Looking Statements
Forward- Looking Statements Safe Harbor Statement Any statements contained in this presentation that are not historical facts are “forward-looking statements.” These statements are based on the current expectations of the management of the company, only speak as of the date on which they are made, a
Slide 3: Agenda
Agenda Transformation Execution Future Manitowoc of of Growth Company Plan Opportunities Building Something Real 3
Slide 4: Agenda
Agenda Transformation Execution Future Manitowoc of of Growth Company Plan Opportunities Building Something Real 4
Slide 5: Investment Highlights
Investment Highlights Leading Global Crane Manufacturer with industry-leading innovations New, Operationally-Focused Team Driving Results Executing on strategic priorities to improve margins, earnings, and cash flow Geographically diverse customer and end market base Unique aftermarket support drive
Slide 6: MTW Summary
MTW Summary • Global leader in lifting equipment • Serve wide range of end markets • Broadest product and service offering • Innovation leader • Global channel and reach • Aftermarket solutions • Financing solutions Leading crane manufacturer 6
Slide 7: Building Something Real
Building Something Real Transformation Execution Future Manitowoc of of Growth Company Plan Opportunities 7
Slide 8: Transformation: The Conditions are Right
Transformation: The Conditions are Right Stand-alone Crane Company • Foodservice spin-off complete • Right-sizing for new company structure Re-Capitalized Balance Sheet • Sufficient liquidity • Working capital focus New Management Team • Demonstrated record of turnarounds • Lean acceleration to driv
Slide 9: Transformation: The Time is Right
Transformation: The Time is Right Boom Trucks/Industrials/Rough-Terrains All-Terrain and Truck-Mounted 97 98 99 00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 97 98 99 00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 Towers Crawlers 97 98 99 00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 9
Slide 10: Transformation: Vision for New Manitowoc
Transformation: Vision for New Manitowoc Customers 1. Margin Expansion Velocity 2. Growth Innovation 3. Innovation Shareholders Employees 4. Velocity 10
Slide 11: Transformation: Strategic Initiatives
Transformation: Strategic Initiatives • Optimize Global Capacity • Increase Manufacturing Agility Margin Expansion • Improve Productivity • Reduce Material Cost • Renew Focus on Quality & Reliability Growth • Strengthen Channel Management • Increase Market Share • Accelerate New Product Development
Slide 12: Building Something Real
Building Something Real Transformation Execution Future Manitowoc of of Growth Company Plan Opportunities 12
Slide 13: Execution: Margin Improvement
Execution: Margin Improvement • Headcount reductions • Plant rationalizations Right-sizing the business to match new company • Increase manufacturing structure, current market flexibility environment, and future expectations • Material cost reduction • Productivity 13
Slide 14: Execution: Growth
Execution: Growth • Improved quality & reliability Improving competitive • Strengthen dealer position to re-gain engagement market share • Sales excellence & training 14
Slide 15: Execution: Innovation
Execution: Innovation • Implement product development process • Leverage advanced design techniques Enhancing user productivity to generate • Invest in World-Class greater ROI for customers manufacturing disciplines • Standardization of components 15
Slide 16: Execution: Velocity
Execution: Velocity • Build a continuous improvement-based culture Better serving all of our • Invest in productivity stakeholders • Reduce Working Capital • Optimize back-office 16
Slide 17: Building Something Real
Building Something Real Transformation Execution Future Manitowoc of of Growth Company Plan Opportunities 17
Slide 18: Future Growth Opportunities
Future Growth Opportunities • Customer Engagement • Innovation • External Growth • Manufacturing Technology • People Development • Utilize Balance Sheet Increasing ROIC for All Stakeholders 18
Slide 19: Conclusion: Thank You for Your Interest in Manitowoc
Conclusion Thank You for Your Interest in Manitowoc 19
Slide 20: Manitowoc
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