Slide 1: James W. Griffith, President & CEO
James W. Griffith President & CEO
Slide 2: Fuel Efficient Solutions
Fuel Efficient Solutions
Slide 3: Maintenance Solutions
Maintenance Solutions
Slide 4: Slide 4
Slide 5: Keys to Competitiveness
Keys to Competitiveness Customer-driven innovation A focus on performance An adaptive management capability
Slide 6: Company at Glance
Company at Glance $3.8 billion 2003 sales
Slide 7: Integration Cost Savings
Integration Cost Savings $28 million saved to date $80 million target
Slide 8: to Mar
Fr to Mar
Slide 9: 2003 Achievements: New Products
2003 Achievements $174 million in new products
Slide 10: 2003 Achievements: Market Expansion in China
2003 Achievements Market expansion in China
Slide 11: 2003 Achievements: Advanced Green Components Joint Venture
2003 Achievements Advanced Green Components joint venture
Slide 12: 2003 Achievements: Debt-to-Capital Ratio
2003 Achievements 40% debt-to-capital ratio
Slide 13: 2003 Results
2002 2003 Net Sales 2550 3788 2003 Results 2002 2003 EPS 0.87 0.67
Slide 14: '03 Challenges, '04 Opportunities: Automotive
'03 Challenges '04 Opportunities Automotive manufacturing profitability Productivity improving 4th quarter
Slide 15: '03 Challenges, '04 Opportunities: Industrial Markets
'03 Challenges '04 Opportunities Continued sluggish Industrial markets Industrial market recovery and global growth opportunities
Slide 16: '03 Challenges, '04 Opportunities: Steel Costs
'03 Challenges '04 Opportunities Steel raw material cost increases New surcharges and price increases
Slide 17: First Quarter 2004
First Quarter 2004
Slide 18: Slide 18
Slide 19: Slide 19
Slide 20: Slide 20
Slide 21: Slide 21
Slide 22: PT PLACE.COM
) PT PLACE.COM
Slide 23: Slide 23
Slide 24: Slide 24
Slide 25: Keys to Competitiveness
Keys to Competitiveness Customer-driven innovation A focus on performance An adaptive management capability
Slide 26: TIMKEN
TIMKEN