Dover Corporation · NYSE:DOV
Dover — Robert W. Baird & Co. Industrial Conference 2014
9 slides from Dover's conference presentation, Nov 10, 2014
Slide 1: Robert W. Baird & Co. Industrial Conference
Exhibit 99.1 November 11, 2014 Robert W. Baird & Co. Industrial 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 – Core US artificial lift business is performing well, especially in key basins: Permian, Eagle Ford, Bakken Solid shale activity – Drilling remains stable – Middle East activity remains strong – Canada/Australia activity lower than last year – Compression markets improving
Slide 7: Market commentary
Market commentary Fluids – Business remains solid across pumps and fluid transfer Fluid transfer benefiting from active global retail fueling markets and regulation related to fuel transportation safety concerns Pumps driven by project activity in plastics and petrochemicals markets Refrigeration &
Slide 8: Capital allocation & Summary
Capital allocation & Summary th Raised annual dividend for 59 consecutive year Acquisition pipeline rebuilding – Closed $800 million in deals in 2014 Accelerated, Wellmark (Energy) Liquip (Fluids) MS Printing (Engineered Systems) – Focus on small bolt-on opportunities Repurchased 5.7 million shares
Slide 9: Slide 9
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