Hawk — Gabelli & Company 15th Annual Aircraft Supplier Conference 2009
16 slides from Hawk's conference presentation, Sep 11, 2009
Slide 1: Gabelli & Company 15th Annual Aircraft Supplier Conference
Gabelli & Company 15th Annual Aircraft Supplier Conference September 10, 2009
Slide 2: Forward-Looking Statement
Forward-Looking Statement The information provided at the meeting today will include forward-looking statements relating to our sales, income from operations, depreciation and amortization, our worldwide markets, our growth in relation to end markets we serve and reinvestment of cash. Forward-lookin
Slide 3: Hawk Corporation: A Leading Worldwide Supplier of Specialty-Engineered Friction Components
HAWK CORPORATION A LEADING WORLDWIDE SUPPLIER OF SPECIALTY- ENGINEERED FRICTION COMPONENTS
Slide 4: Investment Highlights
Investment Highlights A leading supplier of friction products covering a broad range of aircraft braking systems for commercial and military markets for over 50 years Worldwide leader of highly engineered friction products to diverse aircraft, military, industrial and performance consumer markets Ap
Slide 5: Hawk Serves Some of The World's Best Known Companies
Hawk Serves Some of The World's Best Known Companies
Slide 6: Aircraft & Defense Market
Aircraft & Defense Market We are proud to support the US Warfighter and approved foreign military by supplying brake, transmission and clutch components for operation critical vehicles and aircraft Airline Regional General Aviation Commercial Tracked & Wheeled Vehicles Fixed Wing Rotary Wing Militar
Slide 7: Leading Supplier to Major Brake OEM's
Leading Supplier to Major Brake OEM's Sole source independent friction provider to Goodrich, Meggitt and Parker Hannifin New and existing series of many commercial and military aircraft models, including: Boeing EADS Embraer Bombardier
Slide 8: Commercial Aircraft Applications
Commercial Aircraft Applications Leading supplier of friction products for: Boeing 727 737 757 McDonnell Douglas DC-9 DC-10 MD-80 Lockheed L-1011 Canadair Regional Jet
Slide 9: General Aviation Applications
General Aviation Applications Leading supplier of brake friction material, including numerous new and existing series of: Cessna Hawker Beech Learjet Pilatus Falcon Saberliner Eclipse
Slide 10: Military Applications
Military Applications Leading supplier of brake & transmission friction material Tracked & wheeled vehicles Aircraft applications include: C-130 Hercules C-141 Starlifter T-45 Goshawk T-6 Texan A-10 Thunderbolt UH-60 Blackhawk AH-64 Apache
Slide 11: Technology Initiatives
Technology Initiatives Carbon-Carbon composite technology Proprietary processing slashes production lead time Industry standard lead times 6-9 months Reducing lead time up to 80% dramatically increasing service levels and reducing working capital Available market expands far beyond friction applicat
Slide 12: Revenues by Market YTD 6/30/2009
Revenues by Market YTD 6/30/2009
Slide 13: YTD Consolidated Income
YTD Consolidated Income For the period ended June 30 6/30/2009 6/30/2008 Revenue $83.4 $137.6 Gross profit $20.4 $38.5 Gross profit % 24.5% 28.0% Operating income $5.7 $18.1 Operating income % 6.8% 13.2% Income from continuing operations, after tax $1.2 $10.0 Net income $1.0 $8.2 Diluted EPS from co
Slide 14: Consolidated Income Statement
Consolidated Income Statement (in millions) 2007 2008 2009 Guidance Revenue $215.9 $269.6 $160.0 - $180.0 Gross profit $51.4 $77.1 Gross profit % 23.8% 28.6% Operating income $19.5 $39.2 $14.0 - $18.0 Operating income % 9.0% 14.5% Income from continuing operations, after tax $7.8 $22.6 Diluted EPS f
Slide 15: Investment Summary
Investment Summary 2009 Adopted strategic focus on friction Targeted uses of liquidity: Acquisitions New technologies Global expansion and market strength Share repurchase Business base Red hot focus on operations Steady, diverse end-market growth "Lean" manufacturing and active cost reduction progr
Slide 16: Slide 16
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