Dover Corporation · NYSE:DOV
Dover — Citigroup Industrials Conference 2014
9 slides from Dover's conference presentation, Sep 23, 2014
Slide 1: Citigroup Industrials Conference
Exhibit 99.1 September 23, 2014 Citigroup Industrials Conference Bob Livingston President & CEO
Slide 2: Forward looking statements
Forward looking statements We want to remind everyone that our comments may contain forward-looking statements that are inherently subject to uncertainties and risks. We caution everyone to be guided in their analysis of Dover by referring to the documents we file from time to time with the SEC, inc
Slide 3: Strategy
Strategy Our track record of success is based on: – Core technological advantages – Leading brands in the markets we serve – Commitment to industry leadership through innovation and scale – Strong focus on the customer Our deep understanding of the customer and our exceptional capabilities in provid
Slide 4: Recent activities support our underlying strategy & strengths
Recent activities support our underlying strategy & strengths Recent Activities Underlying Strengths Building our industrial businesses Customer intimacy – Continued to invest and acquire in – Innovate for the customer our growth areas Recurring theme of delivering Recent acquisitions expand efficie
Slide 5: Our track record of success
Our track record of success Revenue Revenue & EBIT EBIT EPS Adj. EPS & Dividends Paid Dividends $8,000 $1,300 $4.50 $1.60 $6,000 $975 $3.00 $1.40 $4,000 $650 $1.50 $1.20 $2,000 $325 $0 $0 $0.00 $1.00 2009 2010 2011 2012 2013 2009 2010 2011 2012 2013 Revenue EBIT Adj. EPS Dividend per share Note: Rev
Slide 6: Market commentary
Market commentary Energy – Drilling and core US artificial lift business is performing very well US well count and rig count showing continued modest improvement Strong shale activity – Middle East activity remains strong – Slowing Canada/Australia activity – Bearings markets reflect continued slow
Slide 7: Market commentary
Market commentary Fluids – Business remains solid across pumps and fluid transfer Pumps driven by strong project activity in plastics and petrochemicals markets and oil & gas Fluid transfer benefiting from active global retail fueling markets and fuel transportation safety concerns Refrigeration & F
Slide 8: Capital allocation and summary
Capital allocation and summary Capital Allocation th – Raised annual dividend for 59 consecutive year – Acquisition pipeline remains very active Will close $800 million in deals in 2014 Fluids and Energy receiving most attention Summary – Full-year EPS range at $4.75 - $4.85 rd 3 quarter approximate
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