Worthington Enterprises, Inc. · NYSE:WOR
Worthington Enterprises — Investor Presentation (August 2023)
10 slides from Worthington Enterprises's investor presentation, Aug 4, 2023
Slide 1: Introducing Worthington 2024: Worthington Steel
INTRODUCING WORTHINGTON 2024 In September 2022, Worthington announced plans to separate our Steel Processing business and create two standalone public companies by early 2024 – one comprised of our Building Products, Consumer Products and Sustainable Energy Solutions segments (which we are referring
Slide 2: Notes to Investors
NOTES TO INVESTORS FORWARD LOOKING STATEMENTS. Worthington Industries, Inc. (the “Company” or “Worthington”) wishes to take advantage of the Safe Harbor provisions included in the Private Securities Litigation Reform Act of 1995 (the “Act”). Statements by the Company relating to the intended separat
Slide 3: Key Investment Highlights
WORTHINGTON STEEL KEY INVESTMENT HIGHLIGHTS NET SALES OF • One-of-a-kind business with a unique capability set and leading $3.5 market positions across multiple value-added services, reliably solving complex supply chain challenges for blue chip customers BILLION 1 • Market-leading supplier to growi
Slide 4: A One-of-a-Kind Business with a Unique Capability Set
A ONE-OF-A-KIND BUSINESS WITH A UNIQUE CAPABILITY SET #3 #1 #1 #1 #1 #2 Global Producer of Tailor Trader of Steel Network of Independent Independent flat manufacturer Welded Blanks in Futures by Independent Producer of Hot rolled service of electrical North America Volume in North Picklers in Dipped
Slide 5: Poised to Capitalize on Key End Market Trends
POISED TO CAPITALIZE ON KEY END MARKET TRENDS Decarbonization of Transportation Energy Transition Infrastructure Tempel TWB Tempel Tempel Galvanized Steel Galvanized Steel Electrical Steel Tailored Blanks Electrical Steel Electrical Steel Laminations Laminations Laminations Offering / Products Drain
Slide 6: Leveraging a Robust Manufacturing Footprint to Deliver Value-Added Solutions
LEVERAGING A ROBUST MANUFACTURING FOOTPRINT TO DELIVER VALUE-ADDED SOLUTIONS 31 Manufacturing Facilities Primarily North America Region ✓ Located in North America1 Key Operations Strategically Located ✓ Proximate to Suppliers and Customers Canada Unmatched Operating Footprint That is ✓ Difficult to
Slide 7: Powered by the Worthington Business System
POWERED BY THE WORTHINGTON BUSINESS SYSTEM TRANSFORMATION INNOVATION ACQUISITIONS Leveraging Lean Practices Tailored Customer Acquired Strategic and Technology for World- Solutions Capabilities Enabling Class Operations Green Energy Transition ◼ Systematic approach to ◼ Cross-functional teams ◼ Temp
Slide 8: 3 Strategic Growth Pillars Will Drive the Next Phase of Growth
3 STRATEGIC GROWTH PILLARS WILL DRIVE THE NEXT PHASE OF GROWTH Focused investment in Expand value-added Drive continuous rapidly growing electrical offerings through improvement using the steel market disciplined strategic capex Worthington Business and acquisitions System Grow existing portfolio of
Slide 9: Why Worthington Steel Wins
WHY WORTHINGTON STEEL WINS Bolstering Worthington Steel’s Differentiated Position as a Preferred Value-Added Partner to Customers Experienced Unique Technical Capability Customer-Centric Approach Drives Consistency in Volumes Team Set 4,070 4,067 4,171 3,820 3,831 3,843 3,715 3,510 3,523 End-to-End
Slide 10: Proven Management Team That Is Focused on Value Creation
PROVEN MANAGEMENT TEAM THAT IS FOCUSED ON VALUE CREATION A Collective 75 Years of Industry Experience with a Proven Track Record of Execution Geoff Gilmore Tim Adams Jeff Klingler Chief Executive Officer Chief Financial Officer Chief Operating Officer 25 Years of Experience at Worthington Industries
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