Csx Corporation · NASDAQ:CSX
Csx — Deutsche Bank Global Industrials and Basic Materials Conference 2014
10 slides from Csx's conference presentation, Jun 5, 2014
Slide 1: Forward-Looking Statements
1 Forward-Looking Statements This information and other statements by the company may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act with respect to, among other items: projections and estimates of earnings, revenues, margins, volumes, rates, co
Slide 2: Executive summary
Executive summary . . . CSX has overcome the transition in the energy markets — EPS strong on non-coal revenue growth, inflation-plus pricing and efficiency Second quarter volume has accelerated — Operations stable with gradual recovery expected in the second half of 2014 Diverse portfolio key
Slide 3: Strong volume growth expected in second quarter
Strong volume growth expected in second quarter Year-Over-Year Change in Volume First Quarter Actuals Second Quarter To Date 19% 11% 8% 9% 9% 7% 4% 5% 3% 5% 3% (2%) (14%) (16%) Agricultural Construction Industrial Intermodal Domestic Export Total Sector Sector Sector Coal Coal Second quarter EPS now
Slide 4: Network/diverse portfolio drive sustainable growth
Network/diverse portfolio drive sustainable growth CSX Network First Quarter 2014 Montreal Northeast $3.0 Billion Revenue Midwest Boston Intermodal Chemicals Automotive Metals Chicago Agriculture Phosphates Food & Consumer New York Forest Products Minerals Waste & Equipment Philadelphia Domestic coa
Slide 5: Volume to 2015 compliant utility plants is stabilizing
Volume to 2015 compliant utility plants is stabilizing Domestic Coal CSX-served Utilities Utility Coal Volume Tonnage in Millions Plants Remaining Open Closed or Expected Closure 87 84 81 76 60 63 59 41 31 29 24 11 7 7 Remaining Plants (61 GW 2013 Capacity) 2008 2010 2012 2014 Targeted for Partial C
Slide 6: Agriculture outlook strong with record 2013 crop
Agriculture outlook strong with record 2013 crop Agricultural Sector Corn and Soybean Production Record harvest in 2013 helps Billions of Bushels grain markets recover Corn Soybean — Refills grain supply pipeline constrained during 2012 drought 2.5% CAGR 17.6 16.9 15.8 15.1 Initial 2014 crop pro
Slide 7: Industrial growth driven by energy renaissance
Industrial growth driven by energy renaissance Industrial Sector Williston Basin Chemicals driven by surging oil Daily Oil Production and gas industry (Million bbl/day) — Crude volume could double in Actual Estimate 2014; further growth long-term Projection — Frac sand expected to rise about 1.5 1
Slide 8: NW Ohio hub enhances network connectivity
NW Ohio hub enhances network connectivity Intermodal Montreal Hub and spoke coupled with Northeast corridor lanes key differentiator Midwest Boston — Creates broader reach in eastern Chicago NY/NJ U.S. markets Philadelphia Baltimore Approach combined with St Louis Hampton Roads superior service
Slide 9: Future opportunity aligns with CSX's network
. . . and future opportunity aligns with CSX’s network Intermodal Truckload Opportunity Total eastern opportunity is Montreal about 9 million truck loads — Reflects truckload moves greater than 550 miles Chicago Boston NY/NJ Philadelphia Significant majority overlays St Louis Baltimore CSX’s int
Slide 10: 2014 Deutsche Bank Global Industrials & Basic Materials Conference
2014 DEUTSCHE BANK GLOBAL INDUSTRIALS & BASIC MATERIALS CONFERENCE
CSX — Deutsche Bank Global Industrials and Basic Materials Conference 2014 on 6ix