Visteon Corporation · NASDAQ:VC
Visteon — Baird 2019 Industrial Conference
14 slides from Visteon's conference presentation, Nov 6, 2019
Slide 1: Baird 2019 Industrial Conference
Baird 2019 Industrial Conference Sachin Lawande, President and CEO November 6, 2019 Exhibit 99.1
Slide 2: Forward-Looking Information
Forward-Looking Information This presentation contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The words "will," "may," "designed to," "outlook," "believes," "should," "anticipates," "plans," "expects," "intends," "estimates," "forecas
Slide 3: Visteon At A Glance
Visteon At A Glance Leading supplier of cockpit electronics and autonomous driving systems to carmakers across the world $3B annual sales 10,000 employees 18 countries 20 manufacturing locations 18 technical centers Leading the evolution of automotive digital cockpits and safety solutions
Slide 4: Industry-Leading Products for a Broad Customer Base
Industry-Leading Products for a Broad Customer Base Customer Diversity Product Portfolio Instrument clusters Head-up displays Infotainment Displays ADAS Connectivity Cockpit computers
Slide 5: Financial Performance Driven by NBWs and Launches
Financial Performance Driven by NBWs and Launches Outperforming the Market Visteon sales up 7% Y/Y 10 pct. points growth over market Strong growth in digital clusters Strong Financial Results Sales of $731 million Adj. EBITDA of $62 million Adj. FCF of $23 million NBWs Program Launches 35 (YTD) 58 4
Slide 6: Q3 2019 Sales Performance
Q3 2019 Sales Performance Visteon sales growth 10 percentage points above market in Q3 Digital cluster sales up double digits Y/Y Digital now represents nearly 30% of our cluster sales vs. 18% last year Strong growth in North America and Europe Digital Clusters Display Audio Display audio sales up d
Slide 7: Cockpit Electronics and Safety Trends
Cockpit Electronics and Safety Trends Cockpit Domain Controller Automated Emergency Braking All-Digital Cluster Lane Keep Assist Apple Car Play Android Auto Single-Lane Highway Assist Highway Co-Pilot with Lane Change Native Android Infotainment Multi-Display Module WP29 Standard for L2 Hands-off UN
Slide 8: Cockpit Electronics Complexity Leading to Higher ASP
Cockpit Electronics Complexity Leading to Higher ASP PAST FEATURES / TECHNOLOGY Analog Meters AM/FM Radio Bluetooth HF CAPABILITY Mechanical/Electrical Basic Firmware EXPERTISE Hardware Systems Integration ASP $ PRESENT FEATURES / TECHNOLOGY Digital Meters Android OS Connected Services CAPABILITY So
Slide 9: Evolution of Automotive Displays
Evolution of Automotive Displays FORM FACTOR Small <8” CID Flat LCD with plastic coverlens Large 12” CID Flat LCD with glass coverlens Large multiple displays with curved glass coverlens PERFORMANCE Low contrast, brightness and color saturation Increased contrast, brightness and color saturation Hig
Slide 10: Visteon MicroZone High-Performance Automotive Display
Edge Backlight MicroZone™ Cell Color TFT OLED Visteon MicroZone™ High-Performance Automotive Display MicroZone™ provides high-performance and cost-efficient alternative to OLED Backlight 80,000:1 1,000,000:1 1000:1 CONTRAST 85% NTSC 104% NTSC 100% NTSC COLOR 850 Nits 850 Nits 600 Nits BRIGHTNESS Vis
Slide 11: Visteon
Visteon’ www.visteon.com Hyvyhe o a= = 4 = - oa s= Pt ot o$s5e=" ee oes" La 1d a i al)
Slide 12: Appendix
Appendix - Fa . Visteon’
Slide 13: Reconciliation of Non-GAAP Financial Information
Reconciliation of Non-GAAP Financial Information Adjusted EBITDA The Company defines Adjusted EBITDA as net income attributable to the Company adjusted to eliminate the impact of depreciation and amortization, restructuring expense, net interest expense, equity in net income of non-consolidated affi
Slide 14: Reconciliation of Non-GAAP Financial Information (cont'd)
Reconciliation of Non-GAAP Financial Information (cont’d) Free Cash Flow and Adjusted Free Cash Flow The Company defines Free cash flow as cash flow from (for) operating activities less capital expenditures. The Company defines Adjusted free cash flow as cash flow from (for) operating activities les