Logitech International S.a. · SIX:LOGN
Logitech International — Investor Day (March 2020)
20 slides from Logitech International's investor day presentation, Mar 3, 2020
Slide 1: Bracken Darrell, President and CEO
Bracken Darrell President and CEO
Slide 2: Forward-looking statements
This presentation includes forward-looking statements within the meaning of the U.S. federal securities laws, including, without limitation, statements regarding: strategy, key capabilities, operational capabilities, design, brands, ways to grow, growth opportunities, key product categories, trends
Slide 3: Managing through challenging headwinds
MANAGING THROUGH CHALLENGING HEADWINDS ... Initial guidance US/China tariffs Currency rates 9 Months FY20 (Mar 5, 2019) Sales Mid- to high- +7% growth single digit ~100 bps of ~100 bps of cost headwinds cost headwinds Operating $375-385M $308M income (+7 - 9%) (+7% YoY) ~$60M of cost headwinds Note:
Slide 4: Adjusting fiscal year 2020 outlook
ADJUSTING FISCAL YEAR 2020 OUTLOOK Initial guidance US/China Currenc + y Coronavirus I 1] i] 1] (Mar 5, 2019) H tariffs rates H 1 i] 1] Sales Mid-tohigh- | | ~$30M growth single digit | | sales impact 1 I 1] Operating . 1 ~$60M 1 ~$15M income $375-385M of cost headwinds profit impact I 1] Note: Sale
Slide 5: Operational capabilities are an advantage
OPERATIONAL CAPABILITIES ARE AN ADVANTAGE ... Ghanne: weeks on rane prcjection er Jim au coarss Rockets Gesiasise fue piatcantar — Oata Pian isvertory projectice nel inventory projection product ine Craene! inventory projection sie level nel inventory projection es level by SeEOC fe He me ee eee Fe
Slide 6: Slide 6
Slide 7: Our results have been strong
OUR RESULTS HAVE BEEN STRONG ... Initial guidance Mid-single digit High-single digit High-single digit sales growth sales growth sales growth $185-200M $250-260M $310-320M non-GAAP non-GAAP non-GAAP operating income operating income operating income Beat Beat Beat FY17 FY18 FY19 Note: Sales growth i
Slide 8: ...and consistent
..» AND CONSISTENT Non-GAAP operating income $287M $252M $198M $179M $139M E a FY15 FY16 FY17 FY18 $352M FY19
Slide 9: Creativity & Productivity
Democratization of content creation CREATIVITY & Sales potential Ergonomics PRODUCTIVITY >$1.5B Mobility
Slide 10: Gaming
Explosive rise of esports Sales potential GAMING Cloud gaming >$1 OB Mobile gaming
Slide 11: Video Collaboration
VIDEO Vid : Sales potential COLLABORATION eile hi ib >$1.0B
Slide 12: Multi-category, multi-brand, operations
MULTI-CATEGORY MULTI-BRAND = Lu 4 C4 wT: M q 5 fe) O OPERATIONS
Slide 13: A new breed of leaders can help companies unleash business value of design
A new breed of leaders can help companies unleash the business value of design. FSTGMPANY Logitech is well along on the journey to becoming a phase-three design company. Its design-driven transformation between 2013 and 2019 saw the company’s market value increase roughly sevenfold.
Slide 14: Good design winners
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Slide 15: Three generations of a design company
THREE GENERATIONS OF A DESIGN COMPANY 1.0 2.0 3.0 Product designed Experience designed Design is everything Design is focused on aesthetics and form; Design is focused on end-to-end user Design is the culture; it is infused into everything the color, materials, and finish experiences they do. It def
Slide 16: Insert a Lifestyle Picture Here
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Slide 17: ...and brands
.. AND BRANDS logitech G avere ) @iue) 0 Ay &
Slide 18: Future growth inflection
FUTURE GROWTH INFLECTION Streamlabs Capture G Hub S it Wa Sync = ce of New categories B2B @ine) Marketing Joybird ULTIMATE EARS logitech Note: For illustrative purposes only
Slide 19: Flat ... flexible ... small teams
Slide 20: Logitech
logitech