Finning International Inc. · TSX:FTT
Finning International — Investor Presentation (June 2025)
13 slides from Finning International's investor presentation, Jun 9, 2025
Slide 1: June 2025 Investor Presentation
June 2025 Investor Presentation See slides 12 and 13 for important information on forward-looking information, currency, and specified financial measures, including non-GAAP financial measures
Slide 2: Finning Overview
Finning Overview Finning is the largest Caterpillar dealer and is diversified by geography, customer base, product, and sector South America YT NU 36 % of Net (1,4) Revenue UK & Ireland NWT Bolivia 13 % of Net (1,4) Revenue BC AB Chile SK Argentina Ireland Canada United Kingdom 51 % of Net (1,4) Tec
Slide 3: Executing Our Strategy – LTM Q1 2025
Executing Our Strategy – LTM Q1 2025 LTM Q1 2025 Net Revenue Equipment Backlog (1) Dividend $10.3B $885M 24 Years Up 5% vs LTM Q1 2024 Mar 2025 vs Mar 2024 Consecutive Dividend Growth Product Support Full Cycle Resilience Sustainable Growth Product Support Technician Increase SG&A Free Cash Flow (2)
Slide 4: Strategy Execution is Resulting in Improved Earnings Power
Strategy Execution is Resulting in Improved Earnings Power Driving Product Support… … + Full Cycle Resilience… …Leading to Earnings Growth Product Support Revenue SG&A as a % of Net Revenue (1) Adjusted Earnings Per Share In CAD billions Goal of <17% in a steady $5.6 21.6% $3.91 $3.80 $3.95 $5.4 $5.
Slide 5: Improved Earnings and Capital Efficiency are Driving Return on Invested Capital
Improved Earnings and Capital Efficiency are Driving Return on Invested Capital EBIT Growth and Margin… ... + Capital Efficiency Focus …Sustainably Higher ROIC Adjusted EBIT and as a % of Net Revenue (1) Invested Capital Turnover (1) Adjusted Return on Invested Capital In CAD millions 9.3% 9.9% Goal
Slide 6: Balanced and Consistent Approach to Shareholder Returns and Leverage
Balanced and Consistent Approach to Shareholder Returns and Leverage Share Repurchases Consistent Dividend Growth Strong Balance Sheet Weighted Average Shares Outstanding Annual Dividend Net Debt to Adjusted EBITDA (2) In millions $1.210 162.3 161.1 $1.075 1.7x 154.7 1.6x $0.986 1.5x 1.5x $0.933 1.4
Slide 7: Key Business Drivers – Canada Mining
Key Business Drivers – Canada Mining Oil Sands Market Fundamentals Mining Business Overview Oil Sands Mined Ore Volume (1) As at Mar 31, 2025 # of Active Units CAT 797 Truck Population ~1,290 Million Tonnes Cumulative Trucks in Service Large Mining Trucks 1,014 793, 789, 785, 777 450 942 980 38 Ultr
Slide 8: Key Business Drivers – Canada Construction
Key Business Drivers – Canada Construction Western Canada Economic / Industry Outlook (1) Selected Commentary – First Ministers’ statement Lowering interest Sustained investment in “Nation-building infrastructure and corridors, such as highways, railways, rates infrastructure in major cities ports,
Slide 9: Key Business Drivers – Power Systems – All Regions
Key Business Drivers – Power Systems – All Regions Sustainable Growth Power Systems Equipment Backlog Product Support Revenue $920M 56% 15% Mar 2025 vs Mar 2024 Q1 2025 vs Q1 2024 ▪ Capturing key opportunities in electric power generation, data centre, and oil & gas markets ▪ Robust backlog with del
Slide 10: Key Business Drivers – Chile Mining
Key Business Drivers – Chile Mining Copper Fundamentals Industry Investment Outlook (2) Chile Copper Ore Grade (1) CAT 798 | 794 Electric Drive Truck Population Proposed Capital Investment (3) Estimated Increase in Weighted Average Cumulative Trucks in Service 2024-2033 Copper Production (3) Tonnes/
Slide 11: Potential for Significant Growth in Argentina
Potential for Significant Growth in Argentina (1) Improving Environment for Future Potential Activity ▪ RIGI Incentive (2) - 30 years of fiscal and legal incentives to foreign and domestic investors investing >US$200M in a project Currency ▪ 25% corporate tax rate, exemption from import and export d
Slide 12: Disclosures
Disclosures Forward-looking information This presentation includes “forward-looking information” (as defined in applicable Canadian securities legislation) that is based on expectations, estimates and projections that we believe are reasonable as of the date of this presentation, but may ultimately
Slide 13: Disclosures
Disclosures Currency Monetary amounts referred to in this presentation are in Canadian dollars unless noted otherwise. All variances and ratios in this presentation are based on the functional currency of each operation (Canada: CAD, South America: USD, UK & Ireland: GBP). These variances and ratios
Finning International — Investor Presentation (June 2025) on 6ix