Slide 1: Investor Presentation
Exhibit 99.1 Investor Presentation March 23, 2015
Slide 2: Forward-Looking Statement & Disclaimer
Forward-Looking Statement & Disclaimer Forward Looking Statement: With the exception of the historical information contained in this presentation, the matters described herein contain forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation
Slide 3: Building a Diversified Industrial
Building a Diversified Industrial
Slide 4: Building a Diversified Industrial
Building a Diversified Industrial Focused on a high precision portfolio and outgrowing end markets Building a balanced business that earns throughout the cycle Investing in transformational technology Developing a fully integrated operating system that supports all of our businesses Outgrowing End M
Slide 5: Progress against other diversified industrials but undervalued to peers
Building a Diversified Industrial We have made significant progress against other DIs… Rank among comparable S/Mid-Cap DIs Metric Ä Rank 2012—13 2013—14 Sales Growth 8 1 +7 Adjusted Operating 8 5 +3 Margin Return on Equity 8 5 +3 Total Return 10 1 +9 P/E Ratio 5 6 -1 …but we remain undervalued to ou
Slide 6: EV/EBITDA versus S/Mid Cap and Premier DIs
Building a Diversified Industrial 1 year into the Strategic Period EV/EBITDA 8 S/Mid Cap DIs Premiere DIs NN Actuant Altra Ametek Circor Colfax Crane Kaman Park Ohio Worthington Eaton ITW Honeywell Danaher NN multiple based on midpoint of 2015 EBITDA Guidance Source: Bloomberg Analytics
Slide 7: Company Overview
Company Overview
Slide 8: History & Today
History & Today 2015 revenue guidance revised to $670M—$690M – solely due to FX translation Global reach, local depth Top 3 globally in both bearing components, and precision metal components 25 manufacturing facilities with operations in 10 countries 4,200 employees Three R&D Centers around the glo
Slide 9: Foundation for Growth
Foundation for Growth Five new Board appointments since 2012 New President & CEO in 2013, key management retained Developed Treasury, FP&A, Supply Chain, Shared Services and IT group infrastructure Design of the NN Operating System Enhanced management bandwidth with acquisitions The fundaments of ou
Slide 10: Company Overview
Company Overview Product Mix Plastic & Rubber Components 6% 43% 51% Metal Bearing Autocam Components Precision Components Geography Asia South America 7% 11% 7% 32% 50% Europe North America End Markets Commercial General/Plastics Transportation 5% 8% Industrial/ 17% Aerospace /Medical 70% Light Auto
Slide 11: Customer Profile
AN Customer Profile (=) we OTEKT IWIN ' ) BLACKS. . i @ NTN DECKER. EMERSON Ey E:-T-N <se RF ne SCHAEFFLER Rider DELPHI S} ORS} V4 HAEco
Slide 12: Value Proposition
Value Proposition Ability to manufacture precision products with ultra tight tolerances in high volume Total product life cycle Established global footprint Highly specialized skill and engineering in bearing components and precision machining Significant proprietary knowledge and trade secrets Lead
Slide 13: Differentiation
Differentiation High precision manufacturing Operating tolerances of <1 micron Specialty machine building and in-house tooling leading to significant competitive advantages – trade secrets Application specific customer design Repeatable high volume global manufacturing in millions of parts per day Z
Slide 14: Global Footprint
Global Footprint —Metal Bearing Components —Autocam Precision Components —Plastic & Rubber Components —Corporate Headquarters 25 high precision manufacturing facilities on 4 continents
Slide 15: Moving Forward
Moving Forward
Slide 16: Road to $1 Billion
Road to $1 Billion $ Millions $1,000 $1,000 $1,000 2014 Full Year Pro $926 Forma Revenue $900 $800 $772 Organic Growth $700 3% per Year $680 $600 Adjacent Markets $500 5% per Year $400 $373 Acquisitions $300 $200 2013 Base 2018 Outpace the Market with Expanded Focus and Investment $1+ billion in rev
Slide 17: Expanding Operating Margins
Expanding Operating Margins 18 17% 16 16% 14 14% 14% 12 12% 12% 12% 10 10% 10% 8 8% 3% 3% APC MBC PRC 2014 Adj. Operating Margin 2015 Forecasted Adj. Operating Margin 2018 Strategic Plan All percentages rounded to the nearest whole number
Slide 18: Today & Future Vision – End Markets
Today & Future Vision – End Markets Light Auto Light Auto – CAFE Related Technologies Industrial/Aerospace/Medical Commercial Transportation General/Plastics 2014 2018 Revenue = $680M* Revenue = $1B 5% 8% 17% 70% 10% 8% 50% 32% Building a balanced business that earns throughout the cycle 18 *Proform
Slide 19: Today & Future Vision – Segment Mix
Today & Future Vision – Segment Mix 2014 2018 Revenue = $680M* Revenue = $1B 51 43% % 51% 43% 43 52% 39% % 6% 9% 6% 31 43% 50 51 % % % Autocam Precision 60 Components Plastic & Rubber Components Metal Bearing Components % 25 % Segment mix continues to improve as our revenues continue to grow 19 *Pro
Slide 20: Strategic Building Blocks 2018
Strategic Building Blocks 2018 31.9% 18.2% EPS CAGR ROIC 37.5% 8% 25. 21.8% Operating Manufacturing Sales CAGR Income Margin CAGR
Slide 21: Financial Strategy / Policy
Financial Strategy / Policy Build upon a strong, global operating platform while maintaining financial strength and flexibility Financial policy: Maintain healthy leverage over business cycles and strategic growth period: Debt to EBITDA 2.0x – 3.0x, < 4.0x at peak Cash flow priorities: 1) Debt repay
Slide 22: Autocam Precision Components Group
autocam Precision Components Group
Slide 23: Macro Trend: CAFE Standards
Macro Trend: CAFE Standards Global Fuel Efficiency Standards 77 mpg 56 mpg 50 mpg Source: ICCT U.S. fuel efficiency requirements increase from 35 MPG in 2014 to 56 MPG in 2025 ? 60% higher The EU’s 2020 requirement of 77 MPG is ~40% higher than the U.S. same-year requirement China and Japan will bot
Slide 24: Target Segments: Fuel Saving Technologies
Target Segments: Fuel Saving Technologies GDI HP Diesel VCT/VVT Multi-Speed Trans EPS MPG Increase + 15—20% (1) + 20—30% (1) + 4—6% (2) + 5—10% (3) + 3—5% (4) CPV Impact + $54 (1) + $89 (1) + $10 (2) + $20 (3) + $4 (4) Market Growth > 17% CAGR > 10% CAGR > 10% CAGR > 15% CAGR > 10% CAGR Global Adopt
Slide 25: Target Segments: Fuel Saving Technologies
Target Segments: Fuel Saving Technologies MPFI V6 GDI V6 GDI Fuel System Precision Turned Part content: Precision Turned Part content: 6 injectors 6 Injectors • 1 High pressure fuel pump • 2 High pressure fittings $6.00 per vehicle $60 per vehicle Technology requires more precision, tighter toleranc
Slide 26: Expansion Segments
Expansion Segments Product Segments, Markets & Customers Consumer Tools HVAC Rec/ATV Industrial Motors Aerospace Fluid Power Addressable $2 billion $3 billion $200 million $3 billion $10+ billion $5+ billion Market (2014) Market Growth Technologies Longer battery life, EPS (Steering) Higher pressure
Slide 27: Bearing Components Group
bearing Components Group
Slide 28: MBC High Growth Product Segments
MBC High Growth Product Segments Balls Tapered Rollers Other Rollers Cages Sheet Metal Parts Competitive Profile Primarily outsourced Primarily insourced Primarily insourced Mixed and fragmented Mixed and fragmented Industrial, automotive, Automotive, electrical Industrial and some Primary Markets o
Slide 29: Expansion Segments
Expansion Segments Product Segments, Markets and Customers 2014 Automotive Aerospace Railway Linear Systems Fluid Power Industrial 35% Addressable $1 billion $250 million $125 million $100 million $100 million Market (2014) 65% Automotive Market Growth Growth Drivers Penetration in Build rate on Inc
Slide 30: 2014 Results
2014 Results
Slide 31: Full Year 2014 Performance Summary
Full Year 2014 Performance Summary ADJUSTED DILUTED NET EARNINGS PER SHARE +25% $1.40 $1.20 $1.29 $1.00 $1.03 $0.80 $0.60 $0.40 $0.20 $0.00 FY 2013 FY 2014 REVENUE +31% Core +8.0% Acquisitions +27.3% $M FX -4.3% $700 $650 $670 $600 -$690 $550 $500 $450 $488.6 $400 $350 $373.2 $300 $250 $200 $150 $10
Slide 32: Adjusted Operating Margin +60bps
Adjusted Operating Margin +60bps Margin Expansion Through Improving Business Mix, Synergies % and Continuous Improvement Full Year 2014 Performance Summary Adjusted Manufacturing Margin1 +70bps Margin Expansion Through Improving Business Mix, Synergies and Continuous Improvement % 24.0 23.0 22.0 21.
Slide 33: Full Year 2014 – APC Group
Full Year 2014 – APC Group Revenue +125% Growth by Acquisitions and $M Organic Growth $200 $175 $177.2 $150 $125 $100 20.9% $75 $78.8 $50 $25 $0 FY 2013 FY 2014 Adjusted Operating Margin -150bps Down in 2014 due to New Program Start-ups. % Margin Expansion in 2015. 16.0 15.0 14.0 13.0 12.0 11.0 12%
Slide 34: Full Year 2014 – MBC Group
Full Year 2014 – MBC Group Revenue +7% Driven by Organic Growth $M $325 $300 $275 $278.2 $250 $259.5 $225 $200 $175 $150 $125 $100 FY 2013 FY 2014 Adjusted Operating Margin +80bps Continuous Improvement Coupled % with Growth in Profitable Segments 16.0 15.0 14.0 13.0 14% 12.0 11.5% 11.0 10.0 10.7% 8
Slide 35: Non-GAAP to GAAP Reconciliations
Non-GAAP to GAAP Reconciliations 2014 2013 2014 Net Income 8,217 17,178 Net sales 488,601 373,206 Acquisition and integration costs in Cost of products sold 2,063 — Cost of products sold (exclusive of depreciation and amortization shown separately below) 384,889 295,136 Acquisition related costs exc
Slide 36: Non-GAAP to GAAP Reconciliations
Non-GAAP to GAAP Reconciliations MBC GROUP 2014 2013 Net sales 278,026 259,459 Income from Operations 31,872 27,380 Operating Margin 11.5% 10.6% Net sales 278,026 259,459 Income from Operations 31,872 27,380 Acquisition and integration costs in Cost of products sold 0 0 Acquisition related costs exc
Slide 37: Investor Presentation
Investor Presentation March 23, 2015