Lci Industries · NYSE:LCII

Lci Industries — Q2 2021 Earnings Presentation

11 slides from Lci Industries's earnings presentation, Aug 3, 2021

  1. Slide 1: LCI Industries Q2 2021 Earnings Conference Call

    LCI Industries Q2 2021 Earnings Conference Call August 3, 2021 1

  2. Slide 2: Forward-Looking Statements

    FORWARD-LOOKING STATEMENTS This presentation contains certain “forward-looking statements” with respect to our financial condition, results of operations, business strategies, operating efficiencies or synergies, competitive position, growth opportunities, acquisitions, plans and objectives of manag

  3. Slide 3: Second Quarter 2021 Highlights

    Second Quarter 2021 Highlights Growth driven by consisent execution to meet record consumer demand Record Net Sales ■ Posted a record $1.1 billion in net sales during the second quarter, along with 166% year-over-year growth in Adjusted EBITDA Growth Across All Markets ■ Achieved double-digit growth

  4. Slide 4: RV OEM Growth Drivers & Trends

    RV OEM Growth Drivers & Trends RV OEM Key Drivers • Retail demand continued its strong momentum through the second quarter, expected to remain at elevated levels throughout 2021 and beyond • North American RV OEM revenues up 151% YoY following COVID shutdowns in Q2 2020 • NA towable wholesale shipme

  5. Slide 5: Expanding Markets: International, Aftermarket, Adjacent Markets

    International ■ Q2 2021 sales up 133% YoY ■ Demand in European markets remains strong as recovery continues, supported by similar secular trends driving U.S. growth ■ Completed the acquisition of Schaudt, a Germany-based supplier of electronic controls and energy management systems for European cara

  6. Slide 6: Innovative Leadership

    INNOVATIVE LEADERSHIP Leveraging our culture of innovation and technology: Our innovative culture brings technologically advanced products to a new generation of campers, enhancing the RV experience and driving the success of our platforms Safety & Security Monitoring & Control Connected & Digital C

  7. Slide 7: Growth Strategy

    GROWTH STRATEGY Strong tailwinds from growing recreation market. Continued Focus on Stated Capital Allocation Goals • Investment in the business • Reduce leverage • Return capital to shareholders • Execute strategic acquisitions Integrating and Realizing Synergies from Recent Acquisitions • We remai

  8. Slide 8: Q2 2021 Financial Performance

    (in th ou sa nd s) Consolidated Net Income $13,186 $67,889 Second Quarter 2020 Second Quarter 2021 (in th ou sa nd s) Adjusted EBITDA* $45,621 $121,347 Second Quarter 2020 Second Quarter 2021 Q2 2021 Financial Performance FINANCIAL OVERVIEW * Additional information regarding adjusted EBITDA, as well

  9. Slide 9: Liquidity and Cash Flow

    As of and for the six months ended June 30 LIQUIDITY AND CASH FLOW 2021 2020 Cash and Cash Equivalents $98M $62M Remaining Availability under Debt Facilities(1) $523M $401M Capital Expenditures $42M $15M Dividends $42M $33M Debt / Net Income (TTM) 3.9x 6.6x Net Debt/EBITDA (TTM) 2.0x(2) 2.7x(3) Cash

  10. Slide 10: Adjusted EBITDA Reconciliation of Non-GAAP Measures

    Adjusted EBITDA Reconciliation of Non-GAAP Measures APPENDIX Adjusted EBITDA is a non-GAAP performance measure included to illustrate and improve comparability of its results from period to period. Adjusted EBITDA is defined as net income before interest expense, provision for income taxes, deprecia

  11. Slide 11: LCI Industries Q&A

    LCI INDUSTRIES Q&A "

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