Crane Company · NYSE:CR
Crane — Crane Co. 2021 Investor Conference (Virtual)
9 slides from Crane's conference presentation, Feb 25, 2021
Slide 1: Aerospace & Electronics
Aerospace & Electronics Stephen M. Zimmerman, President
Slide 2: Aerospace & Electronics
AEROSPACE & ELECTRONICS » » • ADVANCING CUSTOMER CAPABILITIES THROUGH INNOVATIVE, RELIABLE SOLUTIONS WHICH DELIVER SUPERIOR PERFORMANCE 2
Slide 3: Aerospace & Electronics Core Competencies
AEROSPACE & ELECTRONICS CORE COMPETENCIES System Controls: Landing Power Conversion & Control Fluid & Thermal Management Actuation Microwave Signal Processing Sensing Components & Systems 3
Slide 4: Aerospace & Electronics
AEROSPACE & ELECTRONICS ($ Millions) 2017 2018 2019 2020 2021G** Sales 691 744 799 651 600 Operating Profit* 151 165 193 107 90 Operating Margin* 21.8% 22.2% 24.1% 16.5% 15.0% Commercial Aftermarket 14% Aerospace Military & Electronics Aftermarket OEM 22% 11% Commercial 35% OEM Military 40% »» • EXT
Slide 5: Market Overview
MARKET OVERVIEW Long-term Market Fundamentals Are Strong Commercial Defense Space 43,000 Aircraft $106B New Commercial deliveries 2020–2039 2020 DoD Research, Development, Test & Evaluation 4% CAGR $14B Increase Traffic growth (RPK) 2020–2039 Maintenance, Repair & Overhaul 2020–2029 5 Source: Boeing
Slide 6: Aerospace & Electronics Sales Outlook
AEROSPACE & ELECTRONICS SALES OUTLOOK OEM Segment Sales 2018 2019 2020 2021G • Commercial impact on both OEM and Aftermarket Commercial 3% 5% (37%) (12%) volume due to COVID-19 & Q1 2020 comparison Defense 10% 12% 17% (5%) • Defense growth moderating after 3 years of double- digit growth & F-35 orde
Slide 7: Investing for the Future
INVESTING FOR THE FUTURE Empowering an • Pioneering Advanced Power Conversion Efficient & Sustainable • Modular Motor Controls Suite “Electric World” • Thermal Management Systems Enhancing Our • Runway Condition Monitoring Safety & Security • Advanced Aircraft Braking Functionality Enabling Space •
Slide 8: Aerospace & Electronics
AEROSPACE & ELECTRONICS INNOVATIVE TRUSTED COLLABORATIVE » » • PLEASE MAKE NOTE OF OUR MAY 26TH INVESTOR CONFERENCE WHERE WE WILL BE SHARING MORE ABOUT OUR STRATEGIC GROWTH PLANS 8
Slide 9: www.craneco.com
» www.craneco.com