Spectrum Brands Holdings, Inc. · NYSE:SPB
Spectrum Brands — Investor Day (October 2016)
93 slides from Spectrum Brands's investor day presentation, Oct 12, 2016
Slide 1: Spectrum Brands Investor Day
gradient4.pngSPB_logo_new.pngHardware & Home Improvement Global Batteries & Appliances Pet, Home & Garden Global Auto Care Spectrum Brands Investor Day October 12, 2016
Slide 2: Forward-Looking Statements
Forward-Looking Statements Certain matters discussed in this presentation, with the exception of historical matters, may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, regarding our
Slide 3: Reconciliation Of Non-GAAP Financial Measurements
Reconciliation Of Non-GAAP Financial Measurements Management believes that certain non-GAAP financial measures may be useful in certain instances to provide additional meaningful comparisons between current results and results in prior operating periods. Excluding the impact of current exchange rate
Slide 4: Rewarding And Safe Investment Opportunities?
4 Rewarding And Safe Investment Opportunities? EUR/USD Rate(a) Crude Oil Prices(a) 10-Year U.S. Bond Rate(a) Political Risks (a)Reflects average values during quarterly periods from 6/28/2013 to 6/30/2016 $30.00 $40.00 $50.00 $60.00 $70.00 $80.00 $90.00 $100.00 $110.00Q32013Q42013Q12014Q22014Q32014Q
Slide 5: How About Spectrum Brands?
NA 68% LATAM 7% EMEA 22% APAC 3% Adjusted EBITDA / Margin Performance $457 $668 $677 $724 $801 $945 FY 11FY 12FY 13FY 14FY 15TTM14.3% 15.8% 15.8% 16.4% 17.1% 18.5% (a) (a) (b) ($ in millions) 5 How About Spectrum Brands? TTM Net Sales By Division Adjusted Free Cash Flow ($ in millions) (a)Reflects p
Slide 6: Who Is Spectrum Brands?
Who Is Spectrum Brands? 6 A global consumer products company with annualized sales of over $5 billion focused on •non-discretionary consumer products used in households daily •market-leading brands in categories with barriers to entry •delivering superior value to customers and consumers Global Batt
Slide 7: gradient4.pngSPB_logo_new.pngHardware & Home Improvement Global Batteries & Appliances Pet, Home & Garden Global Auto
gradient4.pngSPB_logo_new.pngHardware & Home Improvement Global Batteries & Appliances Pet, Home & Garden Global Auto Care Around the Home_072916_wide-01.jpg
Slide 8: Agenda
Agenda 1.Strategic Overview & Growth Initiatives Andreas Rouvé 2.Global Auto Care Guy Andrysick 3.Global Batteries & Appliances Steve Fraundorfer 4.Pet, Home & Garden Randy Lewis 5.Hardware & Home Improvement Phil Szuba 6.Financial Update Doug Martin 7.Q&A Session All
Slide 9: Strategic Overview & Growth Initiatives
gradient4.pngSPB_logo_new.pngHardware & Home Improvement Global Batteries & Appliances Pet, Home & Garden Global Auto Care Strategic Overview & Growth Initiatives Andreas Rouvé Chief Executive Officer
Slide 10: Our Vision & Our Organization
Our Vision & Our Organization an expanding portfolio of innovative and superior value consumer products Be the preferred strategic partner to our customers with ... VISION Innovation from Global Operations Sales Growth with Regional Sales Efficiency from Shared Services Superior Value Economies of s
Slide 11: Major Market Challenges
C:\Users\lallozl\AppData\Local\Microsoft\Windows\Temporary Internet Files\Content.IE5\EQFPZHO0\e-commerce[1].jpgMajor Market Challenges Consumer Better Informed Speed to Market Retailer Pressured Consumer Focus on Value Retailer Focus on Innovation Retailer Focus on Direct Sourcing 11
Slide 12: Roadmap To Become A Large Cap Stock
Roadmap To Become A Large Cap Stock 12
Slide 13: Above Market Sales Growth
Above Market Sales Growth 13 MoreCountriesMoreChannelsMoreCategoriesMore categories into existing retailers . Security into NA mass retailers . Rawhide into U.S. club channel More channels in existing markets . Insect repellent into auto channel . Batteries into food/drug and dollar More countries .
Slide 14: Continuous Improvement Of Processes
Continuous Improvement Of Processes 14 .GAC integration completed ahead of schedule (SAP go-live, International & Shared Services) .Significant new U.S. supply chain optimization program under way to deliver additional efficiencies .New manufacturing and logistics facility to open in Dayton, Ohio in
Slide 15: Investment Into Improved Manufacturing Capabilities
Investment Into Improved Manufacturing Capabilities 15 $19M investment in new aerosol manufacturing facility in St. Louis .Significant annual manufacturing cost savings .Working capital reduction from avoiding seasonal pre-build .Improves customer service – responsive to unexpected demand .Supports
Slide 16: Our Mission
Our Mission Build Spectrum Brands into a large cap | stock with superior shareholder returns ul through above market organic growth with unwavering focus on building sustainable free cash flow and further acquisitions Id! Accelerates SpectrumFirst
Slide 17: .Strategic Overview & Growth Initiatives Andreas Rouvé 2.Global Auto Care Guy Andrysick 3.Global Batteries
1 .Strategic Overview & Growth Initiatives Andreas Rouvé 2.Global Auto Care Guy Andrysick 3.Global Batteries & Appliances Steve Fraundorfer 4.Pet, Home & Garden Randy Lewis 5.Hardware & Home Improvement Phil Szuba 6.Financial Update Doug Martin 7.Q&A Session All
Slide 18: Global Auto Care
gradient4.pngSPB_logo_new.pngHardware & Home Improvement Global Batteries & Appliances Pet, Home & Garden Global Auto Care Global Auto Care Guy Andrysick Sr. Vice President & General Manager
Slide 19: Global Auto Care Overview
SPB_logo_new.png$89 $150 $47 FY 14FY 15TTMAcquired in May 2015 (a) Global Auto Care Overview 19 Adjusted EBITDA Performance ($ in millions) Net Sales by Geography (TTM) TTM Revenue $449M; TTM Adj. EBITDA $150M NA 85% EMEA 6% LATAM 4% APAC 5% (a)Global Auto Care (GAC) was acquired by Spectrum Brands
Slide 20: Global Auto Care - Growth Drivers
SPB_logo_new.pngGlobal Auto Care - Growth Drivers 20 Strengthen Core Extend Portfolio Expand Reach Improve Value C:\Users\Robert.Deridder\AppData\Local\Microsoft\Windows\Temporary Internet Files\Content.Outlook\SGDZNRSV\048168450121_1.jpgC:\Users\sefcikd\AppData\Local\Microsoft\Windows\Temporary Int
Slide 21: Reinvesting In Protectants To Drive Growth
SPB_logo_new.pngReinvesting In Protectants To Drive Growth 21 Research-Based Insights Improve Consumer Experience National Brand Support •Better label communication •Consistent graphic architecture •Modernized imagery •Shopping simulations •Computer eye-tracking study •Attitudinal interviews •Fully
Slide 22: New 2016 Armor All TV Ad
SPB_logo_new.pngNew 2016 Armor All TV Ad 22 Build category awareness Build brand awareness and superiority
Slide 23: Innovation And Simplification Driving Core Growth
SPB_logo_new.pngInnovation And Simplification Driving Core Growth 23 Build category awareness Creation of All-In-One Charging Segment Product Enhancements Add Value New Innovation And National Brand Support https://upload.wikimedia.org/wikipedia/commons/thumb/9/90/Check_mark_23x20_02.svg/1000px-Chec
Slide 24: New 2016 A/C PRO TV Ad
SPB_logo_new.pngNew 2016 A/C PRO TV Ad 24 Build category awareness Build brand awareness and superiority
Slide 25: Expanding The STP Brand
SPB_logo_new.pngExpanding The STP Brand PROTECT THE CORE INNOVATE EDUCATE Defend our position in fuel and oil additives Continue to ensure product relevancy – meeting the needs of today’s changing vehicle technology Execute a fully integrated traditional and digital communication plan with a focus o
Slide 26: Adjacency Opportunities In The United States
SPB_logo_new.pngAdjacency Opportunities In The United States Appearance Total U.S. 52 Weeks Ended July 2016: $827M at Retail Performance Total U.S. 52 Weeks Ended July 2016: $1.3B at Retail STP Armor All Competition Under-indexed GAC channels Protectants Wipes Wheels/Tires Wax/Polish Air Fresheners
Slide 27: New Product Growth Drivers
SPB_logo_new.png27 Wash & Wax Wipes Key Consumer Benefits TV Support S:\Craig Hamilton\2017 Innovation\2017 Projects\Product Pack Shots\48651_Package_Ult_Shn_wash_box3 copy.pngS:\Craig Hamilton\2017 Innovation\2017 Projects\Product Pack Shots\48651_Package_Ult_Shn_wax_box3 copy.png•One-step wash •On
Slide 28: Grow Through New Channels And Adjacencies
SPB_logo_new.pngGrow Through New Channels And Adjacencies RETAIL COMMERCIAL ADJACENCIES Capitalize on growing segment and deliver value-added products for passenger cars and light trucks Channel expansion through partnership with heavy duty diesel manufacturer and distributor Expand into Home and Ha
Slide 29: Leverage Retailer POP And Digital Marketing To Target White Space
SPB_logo_new.pngLeverage Retailer POP And Digital Marketing To Target White Space 29 A_C_recharge_kits_Repair_your_own_car_air_conditioning_-_2016-08-20_10.24.15.pngS:\AC Marketing\Customer Marketing\Pole Signs\2015\Monument Pole sign 40.jpgS:\AC Marketing\Retailers\2016 POG Pictures\Walmart\7-21-16
Slide 30: Mass Channel Growth Strategy: Consumer Trade-Up
SPB_logo_new.pngMass Channel Growth Strategy: Consumer Trade-Up 30 BestOPP OPPBetter BetterGood GoodImage result for walmart logoR-134a Straight Refrigerant R-134a Charging Kit R-134 plus Additives Charging Kit R-134 plus Additives Charging Kit National Advertised Brand S:\AC Marketing\Retailers\Wal
Slide 31: Accelerate International Growth
SPB_logo_new.pngAccelerate International Growth 31 •Leverage Spectrum Brands scale and distribution •New go-to-market model •Competitive cost structure •Cross-selling Europe Latin America Asia / Pacific logoImage result for world map by continent pnghttp://www.carlogos.org/logo/Autobacs-logo-1920x10
Slide 32: What You Can Expect From Global Auto Care
SPB_logo_new.pngWhat You Can Expect From Global Auto Care .Strong first full year with Spectrum Brands .Executing core business growth with advertising and innovation .Leveraging Spectrum Brands scale and distribution to accelerate international growth .Simplifying supply chain to improve margin and
Slide 33: 1.Strategic Overview & Growth Initiatives Andreas Rouvé 2.Global Auto Care Guy Andrysick 3.Global Batteries
1.Strategic Overview & Growth Initiatives Andreas Rouvé 2.Global Auto Care Guy Andrysick 3.Global Batteries & Appliances Steve Fraundorfer 4.Pet, Home & Garden Randy Lewis 5.Hardware & Home Improvement Phil Szuba 6.Financial Update Doug Martin 7.Q&A Session All
Slide 34: Global Batteries & Appliances
gradient4.pngSPB_logo_new.pngHardware & Home Improvement Global Batteries & Appliances Pet, Home & Garden Global Auto Care Global Batteries & Appliances Steve Fraundorfer Sr. Vice President & General Manager
Slide 35: Global Batteries & Appliances Overview
SPB_logo_new.png$327 $307 $306 $(67) $(84) FY 14FY 15TTMGlobal Batteries & Appliances Overview 35 TTM Revenue $2,043M; TTM Adj. EBITDA $306M ($ in millions) Net Sales By Product Category (TTM) NA 44% EMEA 39% LATAM 13% APAC 4% Net Sales By Geography (TTM) Adjusted EBITDA Performance(a) (a)FY15 and T
Slide 36: Battery Distribution Opportunities: Rayovac In North America
SPB_logo_new.pngBattery Distribution Opportunities Expanding With Rayovac Into More Channels In North America Rayovac Competition Rayovac Development Opportunity Mass 31% DIY 9% Grocery 16% Drug 9% Dollar 7% All Other 28% Total Market: $4.5B Rayovac*: $500M *Alkaline, HD, Rechargeable. Excludes priv
Slide 37: Additional Battery Distribution Opportunities: VARTA In Europe
SPB_logo_new.pngAdditional Battery Distribution Opportunities Expanding With VARTA Into More Countries In Europe DACH (POP 97m) SWE (POP 184m) BNL (POP 28m) UK/IRL (POP 67m) EE (POP 413m) Nordic (POP 25m) VARTA Competition VARTA Development Opportunity Total Market: $3.5B VARTA*: $485M Alkaline, HD,
Slide 38: Rayovac Brand Initiatives
SPB_logo_new.pngRayovac Brand Initiatives More Investment Into Awareness And Performance 38 Enhance Our Brand Improve Packaging •Leverage our differentiated brand personality •Contemporize our brand ROV logo_master.png Invest In Technology Get The Word Out •Continuously improve performance to mainta
Slide 39: Rayovac Lights & Portable Power
SPB_logo_new.pngRayovac Lights & Portable Power Complement Core Offerings And Drive Brand Awareness 39 Hero Product Launches Media & Market Promotion Online Outreach https://images-na.ssl-images-amazon.com/images/I/71tmQB72gTL._SL1500_.jpgImage result for rayovac beastC:\Users\johnsona\AppData\Local
Slide 40: Hearing Aid Batteries Gaining Share In A Growing Market
SPB_logo_new.pngHearing Aid Batteries Gaining Share In A Growing Market 40 Aging Population Improved Technology & User Differentiation Binaural Fitting Penetration .Hearing loss increases with age .Baby boomer generation is within the target demographic .Teen hearing loss is steadily increasing .Dev
Slide 41: Personal Care And Small Appliances
SPB_logo_new.pngPersonal Care And Small Appliances Delivering Meaningful, Consumer-Focused Innovation Without Compromise 41
Slide 42: Small Electric Appliances: Superior Value With Meaningful Innovation
SPB_logo_new.pngSmall Electric Appliances Providing Superior Value With Meaningful Innovation 42 Blenders Toaster Ovens Shave & Groom Hair Care .New blades shred ice into snow .Quiet technology .Mess-free serving .Save time - no preheat .Cooks faster .Expert results P:\Personal Care 1Global\Executiv
Slide 43: Small Electric Appliances Multi-Channel/Country Strategy
SPB_logo_new.pngSmall Electric Appliances Multi-Channel/Country Strategy Enabled By Industrial Design & Technology 43 Toaster Ovens image004\\Madpfs04\rh_id\ID_Files\_IDprojects\1 BLACK&DECKER\NorthAmerica\COOKING\Digital Big Bubba.\Rendering\BIGbubba_digital.jpg\\Madpfs04\rh_id\ID_Files\_IDprojects
Slide 44: Major Opportunities To Expand Into More Categories
SPB_logo_new.pngSmall Electric Appliances Major Opportunities To Expand Into More Categories 44 Core \\Madpfs04\rh_id\ID_Files\_IDprojects\2 RUSSELL HOBBS\GARMENT CARE\23390 steam Generator\23390-STEAM-GENERATOR-MAIN.pngExpansion Expansion P:\Industrial Design Department\ID_Not_Shared\ID_Working\Oth
Slide 45: E-Commerce: Increased Investment In Digital Marketing
SPB_logo_new.pngE-Commerce Increased Investment In Digital Marketing To Drive Awareness And Communicate Innovations 45 Screen Shot 2016-05-16 at 4.58.17 PM.pngB+DCorporateSocial.pngJuicemanFB.pngJuicemanHomepage.pngJuicemanPinterest.pngEnd User Engage, Entertain, Educate Support Online Retail Accele
Slide 46: What You Can Expect From Global Batteries & Appliances
SPB_logo_new.pngWhat You Can Expect From Global Batteries & Appliances .Continuous growth from expanding distribution in the U.S. and globally .Apply design and technological innovation for price and channel differentiation .Broaden product portfolio and expand into adjacent categories .Increase dig
Slide 47: 1.Strategic Overview & Growth Initiatives Andreas Rouvé 2.Global Auto Care Guy Andrysick 3.Global Batteries
1.Strategic Overview & Growth Initiatives Andreas Rouvé 2.Global Auto Care Guy Andrysick 3.Global Batteries & Appliances Steve Fraundorfer 4.Pet, Home & Garden Randy Lewis 5.Hardware & Home Improvement Phil Szuba 6.Financial Update Doug Martin 7.Q&A Session All
Slide 48: Pet, Home & Garden
gradient4.pngSPB_logo_new.pngHardware & Home Improvement Global Batteries & Appliances Pet, Home & Garden Global Auto Care Pet, Home & Garden Randy Lewis Sr. Vice President & General Manager
Slide 49: Global Pet Supplies Overview
SPB_logo_new.pngGlobal Pet Supplies Overview 49 TTM Revenue $838M; TTM Adj. EBITDA $141M Adjusted EBITDA Performance(a) ($ in millions) Net Sales By Geography (TTM) NA 62% EMEA 33% RoW 5% $113 $125 $141 FY 14FY 15TTMAquatics 36% Companion Animal 64% (a)FY14, FY15 and TTM include Fx impacts of $(1)M,
Slide 50: An Improved Business Poised For Strategic Growth
SPB_logo_new.pngAn Improved Business Poised For Strategic Growth 50 Improved Strategies Integrated Globally Invested Operationally •Global platforms •Regional teams •Local control •Customer and consumer •Brands and products •Categories and channels •Capacity and efficiency •Quality and compliance •N
Slide 51: Strong Portfolio Of Leading Brands
SPB_logo_new.pngStrong Portfolio Of Leading Brands 51 Rawhide, Clean-Up, Grooming, Healthcare, Accessories and Small Animal Care Dry and Wet Food for Dogs and Cats PET CARE Premium performing products designed to allow pet parents to care for their pets, keeping them healthy and happy Dingo_Logo_201
Slide 52: New & Improved Product Growth Drivers
SPB_logo_new.pngT:\Melton\Page 7 Product\Feeder 1.pngNew & Improved Product Growth Drivers 52 Companion Animal Dog & Cat Food Aquatics C:\Users\paijoh\AppData\Local\Microsoft\Windows\Temporary Internet Files\Content.Outlook\QE3LPJ5Z\Feeder 2 (2).pngC:\Users\paijoh\AppData\Local\Microsoft\Windows\Tem
Slide 53: Pet Channel Opportunities In The United States
SPB_logo_new.pngPet Channel Opportunities In The United States Pet Specialty Dollar Food Drug Mass All Other Pet Competition Under-indexed Pet Channels Total 2015 U.S. Category: $14B at Retail 53
Slide 54: Driving Chews & Treats Growth With Brand & Category Leadership
SPB_logo_new.pngDriving Chews & Treats Growth With Brand & Category Leadership 54 Best BestOPP OPPBetter BetterGood GoodC:\Users\carpioe\Documents\carpio\Latam\PET 2015\Logos\CA\8in1_Logo_3d_RGB.PNGSupplied by owned, scalable Latin America manufacturing Vertically Integrated Supply Chain Image resul
Slide 55: Reinventing Nature's Miracle To Drive Growth
SPB_logo_new.pngReinventing Nature’s Miracle To Drive Growth 55 Upgrading Products Resetting Categories Retooling Marketing •Expanding distribution •Increasing awareness and trial •Driving back to pet specialty •Overhauling formulations •Improving communications •Innovating usage and delivery •Conne
Slide 56: Home & Garden Overview
SPB_logo_new.png$102 $125 $143 FY 14FY 15TTMHome & Garden Overview 56 TTM Revenue $523M; TTM Adj. EBITDA $143M ($ in millions) Net Sales By Product Category (TTM) Net Sales By Geography (TTM) NA 99% RoW 1% Controls 40% Household 31% Repellents 29% Note: TTM reflects the trailing 12 months ended June
Slide 57: Strong Portfolio of Recognized Brands
SPB_logo_new.pngStrong Portfolio of Recognized Brands 57 Indoor pesticides used to control insects and rodents inside the home Personal use pesticides used to repel mosquitoes and ticks HOME & GARDEN Pesticides as defined by FIFRA(a) include Insecticides, Herbicides, Fungicides, Repellents & Rodenti
Slide 58: New & Improved Product Growth Drivers
SPB_logo_new.pngNew & Improved Product Growth Drivers 58 Repellents Outdoor Controls Household PowerPoint_Product_Photos-01.pngC:\Users\paijoh\AppData\Local\Microsoft\Windows\Temporary Internet Files\Content.Outlook\QE3LPJ5Z\20633_RTS_Name_Mockups.jpgC:\Users\paijoh\AppData\Local\Microsoft\Windows\T
Slide 59: Home & Garden Channel Opportunities In The United States
SPB_logo_new.pngHome & Garden Channel Opportunities In The United States DIY Mass Food Drug Dollar All Other H&G Competition Under-indexed H&G Channels Total 2015 U.S. Category: $3.2B at Retail 59
Slide 60: The Answer To Consumer Needs
SPB_logo_new.pngThe Answer To Consumer Needs 60 Give Them MORE of What They Want… -Better Value- -Better Experience- -Better Access- -Better Results-
Slide 61: Protecting You And Your Family With Cutter
SPB_logo_new.pngProtecting You And Your Family With Cutter 61 VALUE VISIBILITY PROMOTION Provide consumers with value pricing, combo packs and coupon offers Draw attention at retail through compelling off-shelf displays and educational materials Promote the brand in venues where consumers are lookin
Slide 62: Expanding The Black Flag Brand
SPB_logo_new.pngSTRENGTHEN EXPAND PROMOTE Expanding The Black Flag Brand 62 Modernize brand imagery and delivery systems to reflect premium position Expand into outdoor chemicals, with premium efficacy that trades consumers up Comprehensive traditional and digital media campaign to drive awareness f
Slide 63: Leveraging Spectrum First To Expand Beyond United States Market
SPB_logo_new.pngLeveraging Spectrum First To Expand Beyond United States Market 63 Source: Nielsen, Euromonitor, Management Estimates Initial Launch Strategy: Win With Core Line .2 Brands: RapidRepel (Repellents); Black Flag (Insecticides) .Core assortment of drive items .Hybrid of U.S.-manufactured
Slide 64: What You Can Expect From Pet, Home & Garden
SPB_logo_new.pngWhat You Can Expect From Pet, Home & Garden .Winning with strong brands and a strong innovation engine .Leveraging vertically-integrated, lowest-cost supply chain .Investing in capacity to drive productivity and growth .Consistent history of highly profitable growth in the H&G busine
Slide 65: 1.Strategic Overview & Growth Initiatives Andreas Rouvé 2.Global Auto Care Guy Andrysick 3.Global Batteries
1.Strategic Overview & Growth Initiatives Andreas Rouvé 2.Global Auto Care Guy Andrysick 3.Global Batteries & Appliances Steve Fraundorfer 4.Pet, Home & Garden Randy Lewis 5.Hardware & Home Improvement Phil Szuba 6.Financial Update Doug Martin 7.Q&A Session All
Slide 66: Hardware & Home Improvement
gradient4.pngSPB_logo_new.pngHardware & Home Improvement Global Batteries & Appliances Pet, Home & Garden Global Auto Care Hardware & Home Improvement Phil Szuba Sr. Vice President & General Manager
Slide 67: Hardware & Home Improvement Overview
SPB_logo_new.pngNA 93% LATAM 6% RoW 1% Residential Locksets 66% Plumbing & Accessories 20% Builders Hardware 14% $210 $226 $238 FY 14FY 15TTMHardware & Home Improvement Overview 67 TTM Revenue $1,244M; TTM Adj. EBITDA $238M ($ in millions) Net Sales By Product Category (TTM) Net Sales By Geography (
Slide 68: Hardware & Home Improvement – Product Categories
SPB_logo_new.pngHardware & Home Improvement – Product Categories 68 Security (66%) Plumbing (20%) Hardware (14%) Hardware.pngPlumbing.pngSecurity.png
Slide 69: Great Brands, Market-Leading Positions, Compelling Value Propositions
SPB_logo_new.pngPfister-logo_blk.aiGreat Brands, Market-Leading Positions, Compelling Value Propositions 69 Est. 1910 Est. 1946 Est. 1901 Est. 1946 Est. 1904 Est. 1986 #1 U.S. lock brand Kwikset - Made for the world you live in! #1 U.S. Builders Hardware brand National - The most trusted brand in ha
Slide 70: How Our Brands Reach Our Customers And Consumers
SPB_logo_new.pngHow Our Brands Reach Our Customers And Consumers 70 Image result for Vivinthttp://cdn.fontmeme.com/images/Amazon-Logo.jpghttp://www.modular.org/Images/2012logo.jpgspacerspacerspacerspacerDo It Yourself spacerhttps://orgill.com/images/new/orgill-header-logo.pnghttp://tse1.mm.bing.net/
Slide 71: Market-Leading Growth In Electronics And IoT - Locksets
SPB_logo_new.pngkevo2.pnghttp://logonoid.com/images/vivint-logo.pngMarket-Leading Growth In Electronics And IoT - Locksets 71 Kevo | Smart Phone Mobile App Lock - Keyless EntryC:\Users\bae0704\AppData\Local\Microsoft\Windows\Temporary Internet Files\Content.IE5\RKQFIIWY\unlock[1].png Lock http://www
Slide 72: Growth – Commercial Hardware Expansion
SPB_logo_new.pngTell_Lowes.pngTell_Amazon.pngGrowth – Commercial Hardware Expansion 72 http://www.chucksteelthemovie.com/wp-content/uploads/2014/11/Amazon-logo-700x433.jpgInterline logo.jpgOrchard Supply Hardware_logo_spotimage002image003Lowes-only-2C.png
Slide 73: Growth – Multifamily And Wholesale
SPB_logo_new.pngPfister-logo_blk.aimultifamily.pngC:\Users\bae0704\AppData\Local\Microsoft\Windows\Temporary Internet Files\Content.Outlook\7HPUMZ60\Kwikset-Lever-Deadbolt.jpgGrowth – Multifamily And Wholesale 73 Image result for multifamily housingC:\Users\bae0704\AppData\Local\Microsoft\Windows\Te
Slide 74: International Growth Large Market Opportunity Focused On Americas
SPB_logo_new.pngInternational Growth Large Market Opportunity Focused On Americas 74 Situation Focus •Grow Tell retail and wholesale •Leverage in other brands with “more, more, more…” •Continue effective greenfield growth •Tell growth •Gain scale through acquisition •Strong anchor brand •Strong marg
Slide 75: Security – Clear Channel Opportunities In The United States
SPB_logo_new.pngSecurity – Clear Channel Opportunities In The United States DIY Branded DIY Private Label Mass Retail Light Commercial Tech/IoT Wholesale HHI Competition Under-indexed HHI Channels U.S. Residential Security Market: $1.5B 75
Slide 76: White Space – Extending Share Positions
SPB_logo_new.pngWhite Space – Extending Share Positions 76 DIY Repair & Remodel Private Label E-commerce Prof. Repair & Remodel New Construction Architects and Designers Commercial Home Automation Light Commercial Technology Image result for houzz logohttp://tse1.mm.bing.net/th?&id=OIP.Mba731f21d114
Slide 77: Continuous Improvement Drives Value
SPB_logo_new.pngContinuous Improvement Drives Value Image result for SAP logoAutomation China factory relocation Philippines cost position Chassis harmonization Spectrum Brands synergy Insourcing 30% Scalable systems C:\Users\bae0704\AppData\Local\Microsoft\Windows\Temporary Internet Files\Content.I
Slide 78: What You Can Expect From Hardware & Home Improvement
SPB_logo_new.pngWhat You Can Expect From Hardware & Home Improvement .Winning with #1 brands and a strong innovation engine .Leveraging vertically-integrated, lowest-cost supply chain .Growing with strong markets in housing and electronics .Growth opportunities in accessible but under-indexed market
Slide 79: 1.Strategic Overview & Growth Initiatives Andreas Rouvé 2.Global Auto Care Guy Andrysick 3.Global Batteries
1.Strategic Overview & Growth Initiatives Andreas Rouvé 2.Global Auto Care Guy Andrysick 3.Global Batteries & Appliances Steve Fraundorfer 4.Pet, Home & Garden Randy Lewis 5.Hardware & Home Improvement Phil Szuba 6.Financial Update Doug Martin 7.Q&A Session All
Slide 80: Financial Overview
gradient4.pngSPB_logo_new.pngHardware & Home Improvement Global Batteries & Appliances Pet, Home & Garden Global Auto Care Financial Overview Doug Martin Executive Vice President & Chief Financial Officer
Slide 81: We Have A Strong, Well-Balanced Portfolio Of Categories
SPB_logo_new.pngTTM Net Sales - $5,098 Million TTM Adjusted EBITDA - $945 Million The Spectrum Value Model drives adjusted EBITDA growth 81 GBA 32% HHI 25% Global Pet Supplies 15% H&G 15% GAC 16% Corporate -3% We Have A Strong, Well-Balanced Portfolio Of Categories Note: TTM reflects the trailing 12
Slide 82: Global Shared Services Are Efficient & Scalable
82 Global Shared Services Are Efficient & Scalable
Slide 83: We Drive Sustainable Free Cash Flow And Shareholder Returns
SPB_logo_new.pngTTM Net Sales - $5,098 Million TTM Adjusted EBITDA - $945 Million The Spectrum Value Model drives adjusted EBITDA growth 81 GBA 32% HHI 25% Global Pet Supplies 15% H&G 15% GAC 16% Corporate -3% We Have A Strong, Well-Balanced Portfolio Of Categories Note: TTM reflects the trailing 12
Slide 84: Anticipated Future Cash Flow Results In Additional Value Creation Flexibility
84 Anticipated Future Cash Flow Results In Additional Value Creation Flexibility .Pay down debt .Acquisitions .Share repurchases .Further increase dividends Uncommitted Cash Optionality Note: Management is not committing itself to the above illustration of our potential generation and use of future
Slide 85: Supporting Growth Through Synergistic Bolt-On Acquisitions
A/C Pro Blog85 Supporting Growth Through Synergistic Bolt-On Acquisitions Global Pet Supplies Home & Garden Hardware & Home Improvement Global Auto Care Spectrum Brands continually evaluates synergistic, bolt-on acquisitions to expand its product lines, extend market penetration and grow its geograp
Slide 86: Successful Track Record Of Delevering After Acquisitions
86 Successful Track Record Of Delevering After Acquisitions .Strong free cash flow used to manage capital structure and drive value .Proven integrator – Russell Hobbs, HHI, FURminator, Black Flag/TAT, Tong Lung, Liquid Fence, Tell, Salix, IAMS/Eukanuba, Global Auto Care Fiscal Year-end Total Leverag
Slide 87: We Have A Strong Capital Structure
87 We Have A Strong Capital Structure Debt Maturity Schedule(b) Debt/Capital(a) (a)Net of cash, excluding operating leases (b)Pro forma September 30, 2016 assuming full redemption of 2020 bonds ($520M) on October 21, 2016. Bonds Term Loans Total Debt/Market Capital Total Debt/Capital ($ in millions)
Slide 88: Summary
SPB_logo_new.pngSummary .Stable, non-discretionary product categories .Strong innovation pipeline .Global infrastructure and investment to support above market growth .Strong financial profile .Focus on sustainable EBITDA and free cash flow growth 88
Slide 89: 1.Strategic Overview & Growth Initiatives Andreas Rouvé 2.Global Auto Care Guy Andrysick 3.Global Batteries
1.Strategic Overview & Growth Initiatives Andreas Rouvé 2.Global Auto Care Guy Andrysick 3.Global Batteries & Appliances Steve Fraundorfer 4.Pet, Home & Garden Randy Lewis 5.Hardware & Home Improvement Phil Szuba 6.Financial Update Doug Martin 7.Q&A Session All
Slide 90: Notes
SPB_logo_new.pngNotes
Slide 91: Notes
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Slide 92: Notes
SPB_logo_new.pngNotes
Slide 93: gradient4.pngSPB_logo_new.pngSpectrum_Brand_Powerpoint_Image_Wide2.jpg
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Spectrum Brands Holdings — Investor Day (October 2016) on 6ix