Astec Industries, Inc. · NASDAQ:ASTE
Astec Industries — Investor Presentation (August 2009)
60 slides from Astec Industries's investor presentation, Aug 12, 2009
Slide 1: Astec Industries, Inc.
ASTEC INDUSTRIES,INC. Astec Industries, Inc. Corporate Headquarters Chattanooga, Tennessee, USA
Slide 2: Forward-looking statements
This presentation and discussion may contain forward-looking statements regarding the future performance of the Company, including representations about the Company's future financial performance, market conditions, the long-term growth prospects of the Company and its markets, opportunities for mar
Slide 3: Company Statistics as of 6-30-2009
Company Statistics as of 6-30-2009 • 3,357 Employees • 16 Companies • 17 Manufacturing Plants Plus 14 Sales/Service Facilities • 2.7 Million Sq. Ft. of Office and Manufacturing Space • 50 States Served • 144 Countries Shipped • 180 Products Built
Slide 4: Strategic Objectives
Strategic Objectives • Maintain profitability and positive cash flow for 2H09 and 2010. • Manage expenses in conjunction with market conditions. • Develop new products to facilitate organic growth and utilize facilities. • Acquisitions - Consider Synergistic Bolt-on Acquisitions. • Prepare to return
Slide 5: 2009 Drivers
2009 Drivers • Federal Highway Funding • Infrastructure Stimulus Package • International Business & U.S. Dollar • State Budgets • Use of Recycle • Oil Prices • Steel Prices • Customer Confidence
Slide 6: Aggregate and Mining Group
Aggregate and Mining Group Telsmith, Inc. Mequon, Wisconsin Kolberg-Pioneer, Inc. Yankton, South Dakota Johnson Crushers International, Inc. Eugene, Oregon Breaker Technology Ltd. Thornbury, Ontario, Canada Astec Mobile Screens, Inc . Sterling, Illinois Osborn Engineered Products SA (Pty) Ltd Johann
Slide 7: Aggregate and Mining Group
Aggregate and Mining Group Telsmith Kolberg-Pioneer Johnson Crushers Breaker Technology Astec Mobile Screens Osborn Engineered
Slide 8: ASTEC INDUSTRIES, INC.
ASTEC INDUSTRIES, INC.
Slide 9: ASTEC INDUSTRIES, INC.
ASTEC INDUSTRIES, INC.
Slide 10: Astec Industries, Inc.
/ O\ asec inpustnies, inc.
Slide 11: Kolberg-Pioneer, Inc.
Kolberg-Pioneer, Inc.
Slide 12: Johnson Crushers International, Inc.
Johnson Crushers International, Inc.
Slide 13: Breaker Technology Ltd.
Breaker Technology Ltd.
Slide 14: Astec Mobile Screens, Inc.
Astec Mobile Screens, Inc.
Slide 15: Osborn Engineered Products SA (Pty) Ltd
Osborn Engineered Products SA (Pty) Ltd
Slide 16: Asphalt Group
Asphalt Group Astec, Inc. Chattanooga, Tennessee Dillman Equipment - a division of Astec, Inc. Prairie du Chien, Wisconsin Heatec, Inc. Chattanooga, Tennessee CEI Enterprises, Inc. Albuquerque, New Mexico
Slide 17: Asphalt Group
Asphalt Group Astec Heatec CEI Dillman Astec Rossville Building
Slide 18: ASTEC INDUSTRIES, INC.
ASTEC INDUSTRIES, INC.
Slide 19: Astec, Inc. (Dillman Equipment, a division of Astec, Inc.)
Astec, Inc. (Dillman Equipment, a division of Astec, Inc.)
Slide 20: Heatec, Inc.
Heatec, Inc.
Slide 21: CEI Enterprises, Inc.
CEI Enterprises, Inc.
Slide 22: Mobile Asphalt Paving Group
Mobile Asphalt Paving Group Roadtec, Inc. Chattanooga, Tennessee Carlson Paving Products, Inc. Tacoma, Washington
Slide 23: Mobile Asphalt Paving Group
Mobile Asphalt Paving Group Roadtec Carlson Paving Products Roadtec Riverside Building
Slide 24: Roadtec, Inc.
Roadtec, Inc.
Slide 25: ASTEC INDUSTRIES, INC.
[ea ASTEC INDUSTRIES, INC.
Slide 26: Carlson Paving Products, Inc.
Carlson Paving Products, Inc.
Slide 27: Underground Group
Underground Group Astec Underground, Inc. Loudon, Tennessee American Augers, Inc. West Salem, Ohio
Slide 28: Underground Group
Underground Group Astec Underground American Augers
Slide 29: Astec Underground, Inc.
Astec Underground, Inc.
Slide 30: American Augers, Inc.
American Augers, Inc.
Slide 31: ASTEC INDUSTRIES, INC.
ASTEC INDUSTRIES, INC.
Slide 32: Other Group
Other Group Peterson Pacific Corp. Eugene, Oregon Astec Australia Pty Ltd Sumner Park, Australia
Slide 33: Other Group
Other Group Peterson Pacific Astec Australia
Slide 34: ASTEC INDUSTRIES, INC.
[ea ASTEC INDUSTRIES, INC.
Slide 35: Astec Australia (Pty) Ltd
Astec Australia (Pty) Ltd
Slide 36: Green & More Sustainability
Green & More Sustainability How do we do that?
Slide 37: Solutions
Solutions • Increase RAP to 50% without affecting quality and life of mixes
Slide 38: Recycling Asphalt Pavement
Recycling Asphalt Pavement Removal of Old Pavement Processing of Recycle Converting to Warm Mix Asphalt Remixing & Paving the New Road
Slide 39: Recycling Asphalt Pavement
Recycling Asphalt Pavement Removal of Old Pavement
Slide 40: Recycling Asphalt Pavement
Recycling Asphalt Pavement Processing Reclaimed Asphalt Pavement (RAP)
Slide 41: Recycling Asphalt Pavement
Recycling Asphalt Pavement Converting to Warm Mix Asphalt
Slide 42: Recycling Asphalt Pavement
Recycling Asphalt Pavement Burn Less Fuel
Slide 43: Recycling Asphalt Pavement
Recycling Asphalt Pavement – By Milling & Recycling - 100% of the material can be re-used – Reduce oil consumption by 80,000,000 bbl/year…approximately 7 days of imported oil
Slide 44: Recycling Asphalt Pavement
Recycling Asphalt Pavement Remixing and Paving the Road
Slide 45: Granite Construction Company
GRANITE consTRuUcTiON COMPANY *s5*
Slide 46: Solutions
Solutions • Increase RAP to 50% without affecting quality and life of mixes • Increase the use of Tear-Off Shingles without affecting quality and life of mixes
Slide 47: Asphalt Roofing Shingles
Asphalt Roofing Shingles
Slide 48: ASTEC INDUSTRIES, INC.
ASTEC INDUSTRIES, INC.
Slide 49: Historical Highlights
FY FY FY FY FY 2004 2005 2006 2007 2008 Net Sales $505 $616 $711 $869 $974 Growth % 25% 22% 15% 22% 12% GM % 20.4% 21.6% 23.7% 24.1% 24.0% Income from Operations $24 $40 $60 $87 $92 EPS $0.62 $1.34 $1.81 $2.53 $2.80 Historical Highlights Adjusted to reflect continuing operations and unusual items (i
Slide 50: Operating Segments FY 2008
Operating Segments FY 2008 Sales Gross Margin
Slide 51: Consolidated Statements of Operations
Astec Industries, Inc. and Subsidiaries Consolidated Statements of Operations (In Thousands) (Unaudited) Six Months Ended June 30 2009 2008 Earnings per Common Share Net income attributable to controlling interest Basic Diluted ASTEC INDUSTRIES, INC.
Slide 52: Consolidated Balance Sheets
Astec Industries, Inc. and Subsidiaries Consolidated Balance Sheets (In thousands) (Unaudited) ASTEC INDUSTRIES, INC.
Slide 53: Marketplace Steel Plate Pricing
Marketplace Steel Plate Pricing $40.00 $30.00 $20.00 $10.00 $0.00 FF SS FT SF SF CS & s = KF KF KT TF MK MF wo Wy y January, 2003 thru July, 2009 ASTEC INDUSTRIES, INC.
Slide 54: Debt to Total Capitalization
Debt to Total Capitalization
Slide 55: International Sales
International Sales Adjusted to reflect continuing operations
Slide 56: Part Sales
Part Sales Adjusted to reflect continuing operations (In Millions)
Slide 57: Backlog
Backlog Year-end and Interim Backlogs (In Thousands)
Slide 58: Management Compensation Metrics
Management Compensation Metrics • Return On Capital Employed • Cash Flow on Capital Employed • Safety
Slide 59: Investment Highlights as of 6-30-09
Investment Highlights as of 6-30-09 • Strong Balance Sheet • Positioned For Economic Conditions • Greater International Penetration • Significant Management Ownership • Green Initiatives
Slide 60: Astec Industries, Inc.
ASTEC INDUSTRIES,INC. Astec Industries, Inc. Corporate Headquarters Chattanooga, Tennessee, USA
Astec Industries — Investor Presentation (August 2009) on 6ix