Slide 1: Fourth-Quarter and Full-Year 2016 Results
This document and information in it may not be copied, reproduced, revealed or appropriated, either in whole or in part, without the prior written consent of Stoneridge, Inc. Technologies In Motion Fourth - Quarter and Full - Year 2016 Results March 2, 2017 Exhibit 99.2
Slide 2: Forward-Looking Statements
This document and information in it may not be copied, reproduced, revealed or appropriated, either in whole or in part, without the prior written consent of Stoneridge, Inc. Forward - Looking Statements 2 Statements in this presentation that are not historical facts are forward - looking statements
Slide 3: Overview
This document and information in it may not be copied, reproduced, revealed or appropriated, either in whole or in part, without the prior written consent of Stoneridge, Inc. Overview 3 x We are growing faster than the underlying global passenger and commercial vehicle markets by driving higher cont
Slide 4: Financial Summary
This document and information in it may not be copied, reproduced, revealed or appropriated, either in whole or in part, without the prior written consent of Stoneridge, Inc. Financial Summary 4 Sales $0.22 $1.70 Q4 2015 Q4 2016 Operating Income and % Margin EPS $154.6 $172.6 Q4 2015 Q4 2016 $8.3 $1
Slide 5: Orlaco Transaction Overview
This document and information in it may not be copied, reproduced, revealed or appropriated, either in whole or in part, without the prior written consent of Stoneridge, Inc. Orlaco Transaction Overview 5 The Acquisition O f Orlaco Aligns W ith O ur Long - Term S trategy O f Increasing T echnology C
Slide 6: Mirror Replacement and Improvement
This document and information in it may not be copied, reproduced, revealed or appropriated, either in whole or in part, without the prior written consent of Stoneridge, Inc. Mirror Replacement and Improvement 6 Mirror Eye TM Benefits • Reduction/Elimination of blind spot • Overtake warning • Vision
Slide 7: Global Reach
This document and information in it may not be copied, reproduced, revealed or appropriated, either in whole or in part, without the prior written consent of Stoneridge, Inc. Global Reach 7 Global Headquarters Manufacturing Site Design Center Sales & Technical Support 10 Manufacturing Sites 9 Design
Slide 8: SRI NAFTA Import / Export Overview
This document and information in it may not be copied, reproduced, revealed or appropriated, either in whole or in part, without the prior written consent of Stoneridge, Inc. SRI NAFTA Import / Export Overview $13 Million $131 Million $116 Million $5 Million 8 Import: $131m Finished G oods (Mexico)
Slide 9: Q4 and FY2016 Summary
This document and information in it may not be copied, reproduced, revealed or appropriated, either in whole or in part, without the prior written consent of Stoneridge, Inc. Q4 and FY2016 Summary 9 • Full - year financial performance at the high - end of expectations through strong sales growth per
Slide 10: Financial Update
This document and information in it may not be copied, reproduced, revealed or appropriated, either in whole or in part, without the prior written consent of Stoneridge, Inc. Technologies In Motion Financial Update 10
Slide 11: FY2016 Summary and 2017 Guidance
This document and information in it may not be copied, reproduced, revealed or appropriated, either in whole or in part, without the prior written consent of Stoneridge, Inc. FY2016 Summary and 2017 Guidance 11 x We expect continued growth in spite of a reduction to forecasted macro - volumes in our
Slide 12: Valuation Allowance Update
This document and information in it may not be copied, reproduced, revealed or appropriated, either in whole or in part, without the prior written consent of Stoneridge, Inc. Valuation Allowance Update 12 We Released O ur Valuation A llowance R elated T o Deferred T ax A ssets D ue T o Positive F in
Slide 13: Earned Awards and Re-Awards
This document and information in it may not be copied, reproduced, revealed or appropriated, either in whole or in part, without the prior written consent of Stoneridge, Inc. Earned Awards and Re - Awards 13 Average Annual Peak Annual Revenue (Dollars in Millions) $201 $202 $228 FY 2014 Actual FY 20
Slide 14: Backlog
This document and information in it may not be copied, reproduced, revealed or appropriated, either in whole or in part, without the prior written consent of Stoneridge, Inc. 5 - Year Backlog 14 $2,699 $2,984 ($61) $2,637 ($570) $917 Backlog (as of Jan. 2016) Currency Backlog (Adj. for FX) 2016 OEM
Slide 15: Strong Capital Structure
This document and information in it may not be copied, reproduced, revealed or appropriated, either in whole or in part, without the prior written consent of Stoneridge, Inc. Strong Capital Structure 15 As of December 31, 2016 U.S. Debt Revolver Capacity $300 Amount Drawn (67) Net Availability** $23
Slide 16: FY 2017 Guidance
This document and information in it may not be copied, reproduced, revealed or appropriated, either in whole or in part, without the prior written consent of Stoneridge, Inc. 2016 Guidance 2016 Adjusted 2017 Guidance* (Excl. Orlaco) Estimated Deferred Tax Asset Valuation Allowance Impact 2017 Guidan
Slide 17: Q4 and FY2016 Financial Summary
This document and information in it may not be copied, reproduced, revealed or appropriated, either in whole or in part, without the prior written consent of Stoneridge, Inc. Q4 and FY2016 Financial Summary 17 • Full - Year financial performance exceeded expectations through strong top - line perfor
Slide 18: Thank You
This document and information in it may not be copied, reproduced, revealed or appropriated, either in whole or in part, without the prior written consent of Stoneridge, Inc. Technologies In Motion Thank You 18
Slide 19: Appendix
This document and information in it may not be copied, reproduced, revealed or appropriated, either in whole or in part, without the prior written consent of Stoneridge, Inc. Technologies In Motion Appendix 19
Slide 20: Reconciliations to US GAAP
This document and information in it may not be copied, reproduced, revealed or appropriated, either in whole or in part, without the prior written consent of Stoneridge, Inc. Reconciliations to US GAAP 20 This document contains information about Stoneridge's financial results which is not presented
Slide 21: Income Statement (Annual)
This document and information in it may not be copied, reproduced, revealed or appropriated, either in whole or in part, without the prior written consent of Stoneridge, Inc. Income Statement (Annual) 21 Years ended December 31, (in thousands, except per share data) 2016 2015 2014 Net sales $ 695,97
Slide 22: Income Statement (Q4)
This document and information in it may not be copied, reproduced, revealed or appropriated, either in whole or in part, without the prior written consent of Stoneridge, Inc. Income Statement (Q4) 22 (in thousands, except per share data) 2016 2015 Net sales $ 172,612 $ 154,641 Costs and expenses: Co
Slide 23: Segment Financial Information
This document and information in it may not be copied, reproduced, revealed or appropriated, either in whole or in part, without the prior written consent of Stoneridge, Inc. Segment Financial Information 23 2016 2015 2014 2013 2012 Statement of Operations Data: Net sales: Control Devices $ 408,132
Slide 24: Business Share By Customer
This document and information in it may not be copied, reproduced, revealed or appropriated, either in whole or in part, without the prior written consent of Stoneridge, Inc. Business Share By Customer 24 Ford Motor Company 17 % 14 % 11 % General Motors Company 7 % 5 % 5 % Scania Group 6 % 7 % 8 % D
Slide 25: Balance Sheet
This document and information in it may not be copied, reproduced, revealed or appropriated, either in whole or in part, without the prior written consent of Stoneridge, Inc. Balance Sheet 25 December 31, December 31, (in thousands) 2016 2015 ASSETS Current assets: Cash and cash equivalents $ 50,389
Slide 26: Statement of Cash Flows
This document and information in it may not be copied, reproduced, revealed or appropriated, either in whole or in part, without the prior written consent of Stoneridge, Inc. Statement of Cash Flows 26 Years ended December 31, (in thousands) 2016 2015 2014 OPERATING ACTIVITIES: Net income (loss) $ 7
Slide 27: Statement of Cash Flows (Cont.)
This document and information in it may not be copied, reproduced, revealed or appropriated, either in whole or in part, without the prior written consent of Stoneridge, Inc. Statement of Cash Flows (Cont.) 27 Years ended December 31, (in thousands) 2016 2015 2014 FINANCING ACTIVITIES: Revolving cre
Slide 28: Reconciliations to US GAAP
This document and information in it may not be copied, reproduced, revealed or appropriated, either in whole or in part, without the prior written consent of Stoneridge, Inc. Reconciliations to US GAAP 28 4Q16 EPS 2016 EPS Net Income Attributable to Stoneridge from Continuing Operations $48.4 $1.70