Finning International Inc. · TSX:FTT
Finning International — Non-Deal Roadshow (September 2022)
11 slides from Finning International's roadshow presentation, Sep 6, 2022
Slide 1: Investor Presentation
Investor Presentation Scott Thomson Kevin Parkes Greg Palaschuk President and CEO EVP and COO EVP and CFO Montreal, Toronto September 6-7, 2022 See slides 10 and 11 for important information on forward-looking information, currency, and specified financial measures, including non- GAAP financial mea
Slide 2: Finning Overview
Finning Overview Canada South America UK & Ireland Largest Caterpillar dealer Market Statistics(1) - FTT (TSX) Share price 28.98 Bolivia Unrivalled service for nearly 90 years YT NU Market Cap 4.5B NWT S&P/DBRS rating BBB+/high Annual dividend / share 0.92 Diversified by geography, customer ba
Slide 3: Consistent Execution of Strategic Plan with Sustainable Improvements
Consistent Execution of Strategic Plan with Sustainable Improvements Drive Product Support Reduce Costs Reinvest to Compound Strong product support growth rates Productivity gains drive operating leverage Significant earnings and ROIC expansion Improved customer value Operating model efficiencies
Slide 4: Strong Execution Demonstrates Improved Earnings Capacity
Strong Execution Demonstrates Improved Earnings Capacity Targets Results Performance Highlights Q3 2021 – Q2 2022 Q3 2021 – Q2 2022 Achieved target as product support Net Revenue (1) ($B) $7.1 - $7.5 $7.3 outperformance was offset by constrained availability of new equipment Significant outperforman
Slide 5: Q2 2022 Highlights
Q2 2022 Highlights New equipment sales up 24%, driven Net Revenue by Chile mining and UK construction EBIT EBIT as % of net revenue (1) $2.0B Product support revenue up 16%, led by Canada $190M Canada 10.0% South America 10.1% 18 % Rental revenue up 30% on strong demand and utilization 39
Slide 6: Regional Outlook Themes
Regional Outlook Themes (1) Western Canada Chile & Argentina UK & Ireland Expect strong demand environment to be Closely monitoring the constitutional reform HS2 deliveries, investments in other supported by: process in Chile, including the proposal for a infrastructure projects, and high mach
Slide 7: Strong Alignment with Caterpillar to Drive Product Support
Strong Alignment with Caterpillar to Drive Product Support Services (1) Target (2) Drive Product Support Double to $28B STRONG From 2016 to 2026 ALIGNMENT Construction > Mining Potential Incremental Dealer Parts Sales (2) 30 % 24 % Product Support Revenue Q2 2022 LTM vs Q2 2021 LTM 14 % With CVA Thr
Slide 8: Strengthening Competitive Position in Mining
Strengthening Competitive Position in Mining (1) Largest award in Finning’s history further expands CAT mining equipment population and market share Step-function improvement in ESCONDIDA BHP’s operational excellence Increased material-moving CAT 798 AC electric drive truck Current ultra-class fle
Slide 9: Helping Customers Reduce Their Emissions and Environmental Footprint
Helping Customers Reduce Their Emissions and Environmental Footprint Finning Component Remanufacturing and Exchange Accelerated Adoption of Low Emission Products and Solutions 2021 OEM Remanufacturing Statistics CAT® 3512E Dynamic Gas CAT Electric Drive and Blending (DGB) Engine Autonomous Mining Tr
Slide 10: Disclosures
Disclosures Forward-looking information This presentation includes “forward-looking information” (as defined in applicable Canadian securities legislation) that is based on expectations, estimates and projections that we believe are reasonable as of the date of this presentation, but may ultimately
Slide 11: Disclosures
Disclosures Currency Monetary amounts referred to in this presentation are in Canadian dollars unless noted otherwise. All variances and ratios in this presentation are based on the functional currency of each operation (Canada: CAD, South America: USD, UK & Ireland: GBP). These variances and ratios
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