Spx Technologies, Inc. · NYSE:SPXC
Spx Technologies — 2014 Morgan Stanley Laguna Conference
10 slides from Spx Technologies's conference presentation, Sep 16, 2014
Slide 1: 2014 Morgan Stanley Laguna Conference
2014 Morgan Stanley Laguna Conference Chris Kearney, Chairman, President and CEO September 16, 2014 COMPANY CONFIDENTIAL
Slide 2: Forward-looking statements disclaimer
Certain statements contained in this presentation that are not historical facts, including any statements as to future market conditions, results of operations and financial projections, are forward-looking statements and are thus prospective. These forward-looking statements are subject to risks,
Slide 3: Strategic Transformation
Strategic Transformation 1997-2004 2005-2011 2012 & Beyond Focus on Diversification Focus on Strategic Markets Focus on Flow End Market Platforms Diversification: >100 acquisitions; divestitures of legacy businesses ClydeUnion Acquisition APV Acquisition EGS, TPS & Precision United Dominion Service
Slide 4: Strategic Transformation: Revenue Mix
Strategic Transformation 2004 Revenue Mix 2014E Revenue Mix Laboratory Auto Equipment Other 8% 7% 7% Compaction Flow Flow Equipment 14% Industrial 56% 9% 16% $5.7b ~$4.9b Security 10% Infrastructure Vehicle Service 24% 15% Niche Industrial 6% Thermal 28% Exited businesses Note: 2014E as of July 30,
Slide 5: Segment Income Development
Segment Income Development Segment Income Earnings Impact $800 ($ millions) Since 2008, growth and investment in $600 Flow segment, combined with capital allocation actions have largely offset… $400 ~25% (1) ~65% (1) … the earnings declines at our Thermal $200 Peak of and Industrial segments rel
Slide 6: Flow Overview
Flow Overview Flow 2014E Revenue by End Market Market sectors that require engineered solutions which enable our customers to: Food & Power & process, transport, meter, filter or dehydrate… Beverage Energy …fluids, gases and powders across a 36% 34% variety of applications ~$2.75b Strategic
Slide 7: Organizational Alignment
Organizational Alignment 1997 to 2004 2005 to 2011 2012 to 2014 future stateState Future 9 Growth Platforms 3 Core Platforms 3 Key End Markets 5 Reporting Segments 4 Reporting Segments 3 Reporting Segments Continue to align SPX around its 2004 Revenue* Industrial 2011 Revenue Industrial 2013 Revenue
Slide 8: SPX Operational Leadership
SPX Operational Leadership Chris Kearney Chairman, President and CEO Tony Renzi Marc Michael David Wilson Gene Lowe David Kowalski President, Global President, President, President, President, Manufacturing Operations and Flow Power & Energy Flow Food & Beverage Flow Industrial Thermal Group Industr
Slide 9: Recent Highlights
Recent Highlights 1) Improved operating performance over last five quarters: Transitioned to new operational alignment in 2H 2013 5 consecutive quarters of year-over-year margin expansion 2) Increased and improved order backlog: Disciplined order acceptance and improved commercial initiatives
Slide 10: Questions?
Questions? COMPANY COMPANYCONFIDENTIAL CONFIDENTIAL