Toromont Industries Ltd. · TSX:TIH
Toromont Industries — Investor Presentation (June 2010)
25 slides from Toromont Industries's investor presentation, June 2010
Slide 1: June 2010
June 2010
Slide 2: Forward-Looking Statements
Forward-Looking Statements Statements and information herein that are not historical facts are "forward-looking information". Words such as “plans”, “intends”, “outlook”, “expects”, “anticipates”, “estimates”, “believes”, "likely", “should”, "could", "will", "may" and similar expressions often ident
Slide 3: Our Business Today
Our Business Today PRO FORMA 2009 REVENUE $2.6 B EMPLOYEES 6,000 LOCATIONS 180 COUNTRIES 35 3 * Pro forma 2009 inclusive of Enerflex
Slide 4: Highly Specified Capital Equipment
Highly Specified Capital Equipment Products for Complete Product Specialized Applications Support Solutions A DIFFERENTIATOR AND ADVANTAGE 4
Slide 5: Driving Results Over Business Cycles
Driving Results Over Business Cycles Net Earnings ($ Millions) 140.5 122.3 120.5 99.4 78.9 70.5 58.7 43.7 40.5 32.3 10 Year Earnings Growth 15.5% EPS 0.56 0.71 0.63 0.93 1.11 1.25 1.56 1.89 2.16 1.86 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 5
Slide 6: Empowering Long-Term Results
Empowering Long-Term Results Return On Opening Shareholders’ Equity (%) 21.6 21.5 20.6 18.7 18.9 17.1 17.5 15.9 15.5 12.9 10 Year ROE Average 18% 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 6
Slide 7: Total Return to Shareholders
Total Return to Shareholders $100 Invested 396.09 407.29 TIH 15.1% CAGR 344.38 337.51 328.64 TSX 5.6% CAGR 277.15 218.06 130.57 133.90 190.70 173.63 172.55 100.00 109.72 148.07 119.29 127.76 100.00 107.41 93.91 104.24 82.23 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 7
Slide 8: First Quarter Performance
First Quarter Performance ($ millions except EPS) 2010 20091 Revenue 440.7 457.7 Operating Income 7.1 36.6 Net Earnings 15.4 23.7 EPS (Basic) 0.21 0.37 (1) Prior period numbers do not include results of Enerflex operations 8
Slide 9: Leading Equipment Supplier in Markets Served
Leading Equipment Supplier in Markets Served Manitoba, Nunavut, Ontario, Newfoundland & Labrador 36 Locations including 5 remote mine sites Over 1,500 employees 4 new locations since 2001 9
Slide 10: Mining Opportunities
Mining Opportunities Installed Base Surpasses 1,000 Significant Product Support Opportunity 10
Slide 11: Power Systems Opportunities
Power Systems Opportunities Standby and Prime for Telecom, Banking, Mining, Marine, Landfill MaK Dealership for Great Lakes Region Installation & Maintenance of Landfill Gas-to-Energy 11
Slide 12: Road Building Opportunities
Road Building Opportunities $ Billions in Government Infrastructure Spending Additional Plus for Aggregate Producers 12
Slide 13: Organic Expansion: Rental Markets
Organic Expansion: Rental Markets 13
Slide 14: Leadership: Recreational Refrigeration
Leadership: Recreational Refrigeration 14
Slide 15: Enerflex Profile
Enerflex Profile World’s Second Largest Compression Equipment Provider $1.5 B 2009 Pro Forma Revenue 25% Product Support 1 M s.f of Production Space Sales Service Locations Calgary, Calgary, Nisku, Casper, Houston, Rijsenhout, Perth, Brisbane, Alberta, Canada Alberta, Canada Alberta, Canada Wyoming,
Slide 16: Acquisition Rationale
Acquisition Rationale International Markets U.S Markets Canadian Product Support North American Product Support Highly Specified Highly Specified Equipment & Service Equipment & Service STRONGER FOUNDATION & MEANINGFUL SYNERGIES 16
Slide 17: Applications
Applications MIDSTREAM Gas gathering Pipeline & storage facilities Industrial refrigeration packages Amine plants Hydrocarbon dew point plants Cryogenic plants DOWNSTREAM Power generation Petrochemical Natural gas distribution & storage 17
Slide 18: Growth Plans: Americas
Growth Plans: Americas Capitalize on combined presence Offer complete solutions Utilize specialized expertise Sales/Service Locations 18
Slide 19: Growth Plans: Australasia
Growth Plans: Australasia Coal bed methane production Infrastructure for LNG plants Power generation industry Sales Service Locations 19
Slide 20: Growth Plans: Europe
Growth Plans: Europe Power generation Combined heat & power Natural gas compression CO2 production Refrigeration systems Sales Service Locations 20
Slide 21: Growth Plans: MENA
Growth Plans: MENA One of world’s fastest growing natural gas production regions Focus on product sales and turn-key solutions Grow sales agent network Sales Service Locations 21
Slide 22: Growth Plans: Product Support
Growth Plans: Product Support Partner with manufacturers of compressor components 22
Slide 23: Synergies
Synergies Integration activities well underway Canadian product support fully integrated All Canadian energy industry sales, engineering, fabrication and administrative personnel merged 10 redundant service locations closed To-date actions translating to $15M of annualized savings 23
Slide 24: Summary
Summary Strong Foundation to Execute Plans Proven Approach to Empowering Results Leader in Global Compression Markets Leading Equipment Supplier in Markets Served 24
Slide 25: June 2010
June 2010
Toromont Industries — Investor Presentation (June 2010) on 6ix