Visteon Corporation · NASDAQ:VC
Visteon — J.P. Morgan Automotive Conference 2018
14 slides from Visteon's conference presentation, Aug 8, 2018
Slide 1: J.P. Morgan Automotive Conference
J.P. Morgan Automotive Conference Sachin Lawande, President and CEO August 2018 Exhibit 99.1
Slide 2: Visteon Corporation
Visteon Corporation Leading supplier of cockpit electronics and autonomous driving systems to carmakers across the world $3.15B annual sales 10,000 employees 18 countries 19 manufacturing locations 18 technical centers Total shareholder returns of ~105% from 2015 – Q2 2018; Significantly outperformi
Slide 3: A Broad and Diversified Customer Base
A Broad and Diversified Customer Base Global automotive technology company with more than 25 customers worldwide
Slide 4: Continuous Improvement in Key Financial Metrics
Continuous Improvement in Key Financial Metrics New Business Wins Adjusted EBITDA Margin Return on Invested Capital Improved product portfolio has driven new business wins to record levels Transition to technology platforms and improved software engineering processes have improved profitability to b
Slide 5: Automotive Technology Trends Favor Visteon
Automotive Technology Trends Favor Visteon Visteon well-positioned to capitalize in evolving automotive industry environment Connected Car Electric Display Audio Digital Cluster ECU Consolidation Connected Everywhere Environment & Sustainability Autonomous Autonomous Driving Health & Safety
Slide 6: Display Audio and Infotainment Market Growth
Today Time Ease of Use and App Integration … through Display Audio systems by 2023 Infotainment Market Growth Driven by Display Audio 55% of Cars to Have Smartphone Projection … Android Winning the Infotainment O/S Race … …. given ease of app development and China adoption / HTML5 Visteon’s AllGo is
Slide 7: Instrument Cluster Market Transitioning to All Digital
Instrument Cluster Market Transitioning to All Digital Visteon driving growth of all-digital clusters in mass market segment All-Digital Luxury All-Digital Mass Market All-Digital 15% of Cluster Market in 2023 Today 2023 85% Opportunity Clusters All-digital clusters are moving into mass-market vehic
Slide 8: ECU Consolidation in Automotive Electronics
ECU Consolidation in Automotive Electronics Today Exponential Growth of Cockpit Controllers (Units in millions) Market Growth Tomorrow Cockpit Controller ADAS / AD Controller Consolidation of ECUs into domain controllers Reduces cost, weight and power consumption Leverages silicon and software innov
Slide 9: Winning Significant Business in Key Product Areas
Winning Significant Business in Key Product Areas SmartCore™ to power cockpit electronics for Geely’s new EV platform Largest single win in Visteon’s history ($640 million) Largest cluster award in Visteon’s history ($585 million) Geely 2017 volume of 1.2 million vehicles; growth of 60% Y/Y Cross-pl
Slide 10: Building Momentum in China, the World's Largest Auto Market
Building Momentum in China, the World's Largest Auto Market Visteon China Domestic Sales New Business Wins NBWs Breakdown (Sales in millions of USD, NBWs in billions of USD) 2018 2016 Note: All financials and growth rates are for Visteon’s China domestic operations New product launches drive double-
Slide 11: Alignment with Industry Trends Driving New Business Wins
Alignment with Industry Trends Driving New Business Wins On track to achieve long-term targets with high level of new business wins 23% Y/Y Increase Product Region Strong momentum in core areas of digital clusters, infotainment, and SmartCoreTM ~95% of 1st half wins launch before end of 2021 Robust
Slide 12: Backlog Positions Visteon for 2021 Sales Target
Backlog Positions Visteon for 2021 Sales Target (Dollars in billions) New roll-on business launches significantly increase in 2020-2021, while roll-offs decline 2 Note: Chart not drawn to scale 22% Y/Y Increase Order Backlog Sales Impact from Net Roll-on Business 2018 2019 2020 2021 Roll-offs Roll-o
Slide 13: Building the Foundation Through Operational Excellence
Building the Foundation Through Operational Excellence Executing on Our Long-Term Strategies Margin Expansion / Cash Flow Generation Return Enhancement via Capital Deployment New business wins of $3.8 billion, leading to backlog of $21.1 billion Delivered $185 million in adjusted EBITDA, at a margin
Slide 14: Visteon’
Visteon’ WAL RAA a