Littelfuse, Inc. · NASDAQ:LFUS

Littelfuse — Baird 2018 Global Industrial Conference

17 slides from Littelfuse's conference presentation, Nov 6, 2018

  1. Slide 1: Baird 2018 Global Industrial Conference

    Baird 2018 Global Industrial Conference November 2018 1

  2. Slide 2: Forward Looking Statements

    Forward Looking Statements Important Information About Littelfuse, Inc. This presentation does not constitute or form part of, and should not be construed as, an offer or solicitation to purchase or sell securities of Littelfuse, Inc. and no investment decision should be made based upon the informat

  3. Slide 3: Littelfuse: Protect | Control | Sense

    Littelfuse: PROTECT | CONTROL | SENSE  Designer, manufacturer, and seller of components and modules for circuit protection, power control, and sensing  Focused on improving the safety, reliability and performance of our customers’ products and systems that use electrical energy LFUS  Global footp

  4. Slide 4: Global Manufacturer of Leading Technologies in Circuit Protection, Power Control and Sensing

    Global Manufacturer of Leading Technologies in Circuit Protection, Power Control and Sensing Electronics (64%*) Passive Products Semiconductor Products Sensor Products Automotive (29%*) Passenger Car Fuse Products Automotive Sensor Products Commercial Vehicle Products Industrial (7%*) Fuse Products

  5. Slide 5: 2017 – 2021 Strategy

    2017 – 2021 Strategy Five Year Mission Drive double-digit growth by accelerating organic growth and investing in strategic acquisitions Targets 2017-2021 Grow Accelerate Accelerated Revenue Targets Circuit Power Safety Connectivity Protection Control organic growth Organic 5-7% complemented with str

  6. Slide 6: Driving Double Digit Revenue Growth

    Driving Double Digit Revenue Growth Accelerate Organic Growth Continue Strategic Acquisitions Content and Underpenetrated Share Gains Geographies and Markets Accelerated Organic Growth Cross Segment Increased Opportunities Innovation Confidential and Proprietary | Littelfuse, Inc. © 2018 6

  7. Slide 7: IXYS Acquisition

    IXYS Acquisition Global Player in Power Semiconductors Strategic Rationale Financial Highlights • Significant expansion into industrial • Closed January 17, 2018 electronics OEM markets • $375M TTM revenue as of Q3 2018 • Increased long term penetration of power control products into automotive mark

  8. Slide 8: Electronics Segment Overview

    Electronics Segment Overview $662M 2017 Revenue  ~ $4.0 Billion market* Passive Products  Growing number of applications Semiconductor Products requiring circuit protection Market Sensor Products Information  Market need for innovative power control products Long term organic revenue growth rate:

  9. Slide 9: Automotive Segment Overview

    Automotive Segment Overview $453M 2017 Revenue  ~ $2.5 Billion market* Passenger Car Fuse Products  Content increase drives Automotive Sensor Products growth in excess of car Market builds Commercial Vehicle Products Information  OEMs value supply chain on Long term organic revenue a global basis

  10. Slide 10: Industrial Segment Overview

    Industrial Segment Overview $106M 2017 Revenue  ~ $1.5 Billion market*  GDP growth, adjusted for Fuse Products negative impact of oil & gas Protection Relays/Custom and mining Market Information  Current portfolio largely Long term organic revenue North America based growth rate: 2 - 4%  Heavy i

  11. Slide 11: Strong Track Record of Revenue Growth Drives Strong Earnings and Cash Generation

    Strong Track Record of Revenue Growth Drives Strong Earnings and Cash Generati Generation Sales Cash Flow from Adjusted EPS* Operations $1,221 $7.74 $269 $ in millions $ in millions $ per share $668 $3.79 $116 2012 2017 2012 2017 2012 2017 *See appendix for GAAP to non-GAAP reconciliation Confidenti

  12. Slide 12: What We Expect to Deliver

    What We Expect to Deliver: Continued Strong Financial Performance Double Digit Double Digit Free Cash Flow Balanced Capital Sales Growth EPS Growth Approximates Allocation Net Income  5% - 7%  17% - 19%  Strong track record  Return 40% of accelerated organic operating margins of free cash flow f

  13. Slide 13: Capital Deployment

    Capital Deployment: Balancing Reinvestment while Delivering Value to Shareholders 2013 – 2017 Future Free Cash* Cash Priorities Free Cash* Deployment Deployment Disciplined Reinvestment to Share Repurchase 7% Drive Organic Growth Share Repurchase 20% Dividends Target Debt / EBITDA Leverage Dividends

  14. Slide 14: Compelling Investment Proposition

    Compelling Investment Proposition: A Proven Source of Growth and Value Creation Accelerated organic growth Continue diversified growth through strong acquisition pipeline  Deliver innovative, high-quality solutions for a safer, greener and increasingly connected world  Target strategic acquisition

  15. Slide 15: Confidential and Proprietary | Littelfuse, Inc. © 2018

    Confidential and Proprietary | Littelfuse, Inc. © 2018 15

  16. Slide 16: Appendix

    Appendix i \§ CONTROL ‘I SENSE

  17. Slide 17: Appendix – 2012 to 2017 Non-GAAP measures

    Appendix – 2012 to 2017 Non-GAAP measures ($ in millions, except per share data) Confidential and Proprietary | Littelfuse, Inc. © 2018 17

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