Burnham Holdings, Inc. · OTC:BURCA
Burnham — Shareholder Meeting (April 2014)
17 slides from Burnham's shareholder meeting presentation, Apr 28, 2014
Slide 1: Welcome: 2014 Stockholders Meeting
WELCOME 2014 Stockholders Meeting April 28, 2014
Slide 2: 2013 Review
2013 REVIEW Doug Brossman President & CEO April 28, 2014
Slide 3: Cautionary Statements
Cautionary Statements Statements in this presentation that are not historical are “forward-looking statements” and are subject to change. These statements are subject to risks and uncertainties that could cause the Company’s actual operating results to differ materially from those contemplated by th
Slide 4: 2013 Performance
2013 Performance “…Leaders in Providing Thermal Solutions to Residential, Commercial, and Industrial Applications…” Commercial Residential
Slide 5: 2013 Financial Highlights
2013 Performance 2013 Financial Highlights: Net Sales of $190.2mm Continued Strong Gross Profit Margin of 24% EPS of $1.69 (Ex. Pension Charge & RE Gain) Dividends of $0.80, 11% increase over 2012 Year End Debt of $6.9mm, lowest in over 15 years
Slide 6: Residential Boiler Market
Residential Boiler Market 500,000 Total US Residential Boiler Units 450,000 400,000 350,000 300,000 250,000 200,000 150,000 100,000 50,000 0 Residential Market Statistics Market Drivers • Installed Boiler Base approx. 10mm Units • Rebates on High Efficiency Equipment • 2013 Annual Volume was 315,000
Slide 7: Growth Opportunities
Growth Opportunities Indications of Positive Macro-Economic Trends… 7000 120 Existing SF Home Sales Consumer Confidence 6000 Forecast (2014 – 2018) 100 Forecast (2014 – 2018) 5000 80 4000 60 3000 40 2000 1000 SOURCE: National Association of Realtors; The PNC Financial 20 SOURCE: Conference Board, Th
Slide 8: Growth Opportunities: Shift to High Efficiency Units
Growth Opportunities US Market shift to high efficiency, higher priced condensing units… US Residential Boiler Units US Commercial Boiler Units 2002 - 2013 2002-2013 . Opportunity to Capture High Value Product Segment Through New Product Development
Slide 9: 2014 High Efficiency Commercial Product Launches
Growth Opportunities 2014 High Efficiency Commercial Product Launches:
Slide 10: 2014 High Efficiency Residential Product Launches
Growth Opportunities 2014 High Efficiency Residential Product Launches:
Slide 11: Manufacturing Innovation
Manufacturing Innovation Seeking Continuous Improvement to Safety, Quality and Productivity
Slide 12: Investing in Our Communities
Community Stevens College of Technology Fulton Theater Corporate Partnership Award Corporate Sponsor Investing in Our Communities for the Benefit of Our Employees, Now and in the Future
Slide 13: Employee Achievements
Employee Achievements AHRI presents the Richard C. Schulze Award to Crown Boiler’s Paul Sohler
Slide 14: Employee Achievements
Employee Achievements Congratulations Douglas Springer 2014 Financial Executive of the Year Finalist Burnham Holdings, Inc. Wishing you the best of luck and we thank you for all that you do!
Slide 15: Q1 2014 Results
Q1 2014 Results Q1 2013 Results Influenced By Q1 2014 Sandy Backlog 2012 2013 2014 Considerations for Balance of Net Sales Year: $36.6 $41.1 $35.7 ($mm) Impact of 2013/14 Winter Short Term Negative Net Income Longer Term Positive -$947 $623 -$786 ($000) Gas v Oil Prices driving conversio
Slide 16: Q&A
Q&A 2014 Stockholders Meeting April 28, 2014
Slide 17: 2014 Stockholders Meeting
2014 Stockholders Meeting April 28, 2014