Gentherm Inc · NASDAQ:THRM
Gentherm — Q1 2021 Earnings Presentation
13 slides from Gentherm's earnings presentation, Apr 29, 2021
Slide 1: 2021 First Quarter Results
2021 First Quarter Results Gentherm, Inc. April 29, 2021 Exhibit 99.2
Slide 2: Forward-Looking Statement
Forward-Looking Statement Except for historical information contained herein, statements in this presentation are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements represent Genthe
Slide 3: Use of Non-GAAP Financial Measures
Use of Non-GAAP Financial Measures* In addition to the results reported herein in accordance with GAAP, the Company has provided here or elsewhere Adjusted EBITDA, Adjusted EBITDA margin, Adjusted EPS, Free Cash Flow, Net Debt and Revenue excluding the impact of foreign currency translation, each a
Slide 4: Automotive 1Q 2021 Highlights
Automotive 1Q 2021 Highlights 4 Continued strong execution in Automotive 10 Vehicle launches with 8 OEMs Multiple CCS® product launches Acura MDX Jeep Grand Cherokee Kia Sportage Stellantis DS9 VW CrossBlue / Tiguan Advanced ClimateSense™ development projects Further confirmation of energy savings E
Slide 5: New Automotive Business Awards
New Automotive Business Awards 5 Strong win rate and continued momentum in new business awards $400M in awards across 10 OEMs in 1Q 2021 Multiple CCS® awards Hyundai Kia Toyota Volkswagen 10 Steering Wheel Heater awards across 8 OEMs Air-cooling Battery Thermal Management awards with Hyundai and Kia
Slide 6: Medical 1Q 2021 Highlights
Medical 1Q 2021 Highlights 6 Continued market challenges due to COVID-19 Continued hospital access restrictions and cancelled elective procedures Recovering Blanketrol® demand Strong interest from Ambulatory Surgery Centers for ASTOPAD™ Continued innovation leveraging thermophysiology synergies betw
Slide 7: Selected Income Statement Data
Selected Income Statement Data 7 Three Months Ended March 31, (Dollars in thousands, except EPS)
Slide 8: Selected Balance Sheet Data
Selected Balance Sheet Data 8 (Dollars in thousands)
Slide 9: 2021 Guidance
2021 Guidance Assuming light vehicle production in our relevant markets grows at a low-teens rate in 2021 versus 2020. Foreign exchange rate assumed at current levels. Due to the inherent difficulty of forecasting the timing and amount of certain items that would impact net income margin, such as fo
Slide 10: Appendix
ill) GENTHERM
Slide 11: Reconciliation of Adjusted EBITDA and Adjusted EBITDA Margin
Reconciliation of Adjusted EBITDA and Adjusted EBITDA Margin 11 Three Months Ended March 31, (Dollars in thousands)
Slide 12: Reconciliation of Adjusted EPS
Reconciliation of Adjusted EPS 12 Three Months Ended March 31,
Slide 13: Gentherm - Technology to the next degree
(())) GENTHERM Technology to the next degree™