Slide 1: Integrated Electrical Services, Inc. 4th Quarter and Fiscal Year 2010
Integrated Electrical Services, Inc. 4th Quarter and Fiscal Year ended September 30, 2010 Conference Call December 15, 2010 Michael J. Caliel, President & CEO. Terry Freeman, SVP & CFO Karen Roan, DRG&L TES soso
Slide 2: Safe Harbor
eee oe ___ Safe Harbor “+ Cartainstatomentsin this release, including statements regarding the restucturitg plan and ola estimaled charges and cost reductions ‘coveted ith this plan, re “Yomarit-ooang statement’ mthin the meaning of Section 27A ofthe Secuntis Act of 1939 and Section 27 ofthe Secures
Slide 3: Q4 Highlights
Q4 Highlights # 4th Quarter results disappointing # Ongoing weakness in end markets # Projects delayed, deferred, or canceled # Aggressive cost management actions to flex cost base in line with expected volumes # Backlog at $246 million at September 30" — improvement in opportunity pipeline # Signif
Slide 4: Financial Highlights
Financial Highlights (Thousands) Three MentheEnded Thee Menne Enso ‘Year Ended ‘Year Ende Septemver 30,2000 _Sepiomter 3, 7009, Septembe 30,2010 __Septnper 30,2008 Revenues 8 tiger § 1340 § 45083 § 665.997 Costof services 103,465, 133201 20a s0 558, Gross Prof 786 N18 56453 103528 73% 1% 129% 16.4%
Slide 5: ($ Thousands)
($ Thousands) Treetonths Ended Tree Mens Ended Year Ende veered September 30,2010 _ September 30, 208 September 30,2010 _Sextenber 30,2008 Revenues 22.165 20536 79384 ayaa Gross profit 3505 3539 13853 11886 % 149% 16986 739% 181% Seling, general and administrative 25I7 1754 7988 6588 %e 116% ea 10.1
Slide 6: Residential
Residential ($ Thousands) Revenues Gross profit % Selig, general and administrative Rostucturing charge Operating income (loss) % [eS ‘Three Months Endes September 2.2010 ‘Tivos Months Ended September 30,7000 st Ended September 30, 2010, ‘Yeu Ended Seperter 30, 2009, 27488 4301 139% 550 10.86 @s) 2)
Slide 7: Commercial & Industrial
a Commercial & Industrial ($ Thousands) Revenues Gross poft % Seling genera and administrative % estructurng charge ‘operating income (oss) % (ES ao ‘Teves mete Ende ‘Yeor Enea ‘Year Ende Septeméer 30,2010 __Septenber 30, 2008, Septomber 30,2010 _Sestomber 30,2008 61,738 91.988 265.207 9782 «0 7138
Slide 8: Backlog
Backlog ($ Milions) Sep-09 Dec-09 10-Mar 40Jun 10-Sep IES sso
Slide 9: Q4 2010 Balance Sheet and Other Highlights
{i EES Q4 2010 Balance Sheet and Other Highlights {8 Thousands) September 30, 2010 June 30,2010, September 30, 2008 Cash 32908 30725 6474 Curren Assets 168.955 162618 i200 Curent Lisbites 576 eao7a 99706 Working Capital 23200 93540 121 64 Total Debt 11,285 11898 28697 Total Equity 10181 w2B41 132548
Slide 10: Summary
Summary * Continue to deliver exceptional safety performance = Aggressive cost management actions to flex cost base in line with expected volumes # Strengthened operational leadership # $8.5 million improvement in Multi-family backlog # Focus on strengthening core portfolio of electrical and communi