Dana Incorporated · NYSE:DAN
Dana — Deutsche Bank Global Automotive Industry Conference 2020
10 slides from Dana's conference presentation, Jun 10, 2020
Slide 1: Deutsche Bank Global Automotive Industry Conference
Deutsche Bank Global Automotive Industry Conference June 10, 2020 James Kamsickas Chairman and Chief Executive Officer Jonathan Collins Executive Vice President and Chief Financial Officer Exhibit 99.1
Slide 2: Safe Harbor Statement
Certain statements and projections contained in this presentation are, by their nature, forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on our current expectations, estimates and projections about our industry and
Slide 3: Business Overview
Business Overview Technologies Drive Axles, e-Axles, e-Drives, propshafts / driveshafts, conventional and hybrid transmissions, wheel and track drives, high-precision gears Motion Winches, slew drives, gearboxes, hydraulics, valves, custom gear and drives, controls and software, hub drives Sealing C
Slide 4: Pandemic Response Priorities
Pandemic Response Priorities Employees Communities Customers Future Protecting our…
Slide 5: Customer Production Status Update
Customer Production Status Update1 Light Vehicle Off-Highway Commercial Vehicle Heavy-Duty Markets 1 Statuses based on an aggregation of publicly available information regarding customer production and restart plans and are subject to change Light-Duty Market Production restarted Production restarte
Slide 6: 2020 Q1 Balance Sheet
2020 Q1 Balance Sheet Key credit metrics remained relatively unchanged in the first quarter with net leverage at ~2x and coverage at >9x Revolver draw of $300M in the first quarter delivers new liquidity mix of ~1/2: ~1/2 compared with previous mix of ~1/3: ~2/3 No significant debt maturities for th
Slide 7: 2020 FY Cash Flow Sensitivity Analysis
2020 FY Cash Flow Sensitivity Analysis Original full-year financial guidance has been withdrawn due to abnormally high level of uncertainty regarding end- market demand April and May sales down ~75% and ~55%, respectively, due to widespread customer shutdowns; May production ramp slightly slower tha
Slide 8: Near-term Financial Priorities
Near-term Financial Priorities See appendix for comments regarding the presentation of non-GAAP measures Significant opportunity to generate cash by reducing inventory as production demand declines Pulling all levers to flex hourly and salary labor costs including temporary lay-offs and pay reductio
Slide 9: Pecpe Finding ff Otter War?
Pecpe Finding ff Otter War?
Slide 10: Adjusted EBITDA non-GAAP definition
Adjusted EBITDA is a non-GAAP financial measure which we have defined as net income before interest, income taxes, depreciation, amortization, equity grant expense, restructuring expense, non-service cost components of pension and other postretirement benefit costs and other adjustments not related
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