Crane Company · NYSE:CR
Crane — Crane Company 2023 Investor Conference
6 slides from Crane's conference presentation, Mar 9, 2023
Slide 1: Equity Story and Valuation
EQUITY STORY AND VALUATION Jason Feldman Vice President, Investor Relations
Slide 2: Highly Attractive Financial and Business Profile
HIGHLY ATTRACTIVE FINANCIAL AND BUSINESS PROFILE ~$2B aftermarket sales from ~40% 4-6% in sales core sales growth strategic growth platforms 35%-40% ~19.5% Substantial operating leverage* pre-corporate Adjusted EBITDA margin** (2023G) M&A opportunity Expect double-digit core EPS growth with upside f
Slide 3: Why We Are Confident About Value Creation
WHY WE ARE CONFIDENT ABOUT VALUE CREATION What is different today ▪ Simplification post-separation ▪ Asbestos liability fully resolved ▪ Strongest balance sheet in 20+ years ▪ Streamlined portfolio with sales primarily from higher-growth markets ▪ 10+ years into “Technology Readiness” approach at Ae
Slide 4: Why We Are Confident About Value Creation
WHY WE ARE CONFIDENT ABOUT VALUE CREATION What is different today What will stay the same ▪ Simplification post-separation ▪ Rigorous cadence and discipline of CBS ▪ Asbestos liability fully resolved ▪ Strong and unique high-performance culture ▪ Strongest balance sheet in 20+ years ▪ Continued comm
Slide 5: Financial Profile Aligned with Peers
FINANCIAL PROFILE ALIGNED WITH PEERS Crane Company Peers Long-term growth potential MSD MSD 2023 Adjusted EBITDA Margin* ~16.2% with substantial upside ~17% 2023 Free Cash Flow conversion** ~100% ~95% 2023 EV/EBITDA multiple ~15x Strong financial profile and high-quality assets merits premium valuat
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