Atkore Inc. · NYSE:ATKR
Atkore — CJS Securities 21st Annual New Ideas Summer Virtual Investor Conference (July 2021)
18 slides from Atkore's conference presentation, Jul 13, 2021
Slide 1: Investor Presentation & Company Overview
Investor Presentation & Company Overview CJS Securities Investor Conference – July 2021 © Atkore Inc.
Slide 2: Cautionary Statements
Cautionary Statements This presentation is provided for general informational purposes only and it does not include every item which may be of interest, nor does it purport to present full and fair disclosure with respect to Atkore Inc. (“Atkore”) or its operational and financial information. Atkore
Slide 3: Atkore: a Compelling Investment
Atkore: a Compelling Investment Disciplined Values-based organization driven by the Atkore Business System Operational Focus Track Record of Strong track record of earnings growth, increasing free cash flow and excellent Success return on capital Leading market share in key product categories with a
Slide 4: Atkore at a Glance
Atkore at a Glance A leading manufacturer of electrical, safety and infrastructure solutions 1959 2016 Harvey, IL ~3,700 65 Founded IPO (NYSE: ATKR) Headquarters Employees1 Global Facilities1 FY 20201 Net Sales Breakdown, $1.8B By Segment By Geography Management Estimate By End Market Intl. Intl. 11
Slide 5: Our Foundation is the Atkore Business System
Our Foundation is the Atkore Business System © Atkore 5
Slide 6: Our Products Are All Around You Everyday
Our Products Are All Around You Everyday Wire Basket Cable Armored Cable Tray & Fittings Flexible Electrical Conduit Electrical & Liquidtight Conduit Prefabrication Cable Tray, Industrial Flexible Ladder & Fittings Electrical Conduit Metal Electrical Metal Framing & Fittings Conduit (Including Seism
Slide 7: Outstanding Track Record of Growth
Outstanding Track Record of Growth Adjusted EBITDA1, $M Free Cash Flow1, $M Return on Capital1 (ROC), % +15% CAGR +13% CAGR +1,510 bps 324 327 215 17.8 17.0 15.4 272 175 235 228 12.2 140 10.7 114 164 107 97 2.7 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 FY201
Slide 8: Leading Market Positions, Brands & Customers
Leading Market Positions, Brands & Customers Overview Portfolio of Trusted Brands Well-Established Customer Base • #1 or #2 market positions in majority of product categories • “Must stock” products with short order cycles and reliable service • Quality of products, the strength of brands, scale and
Slide 9: Levers to Drive Organic Growth
Levers to Drive Organic Growth Recent Example & Highlights Organic Growth Drivers Broad range of innovative and new products New Product introduced in the past few years - MC GlideTM recently named 2021 Product of the Year in the 1 Innovation Wire & Cable category by EC&M Magazine Focused Product Co
Slide 10: M&A Strategy Focused on Profitable Growth
M&A Strategy Focused on Profitable Growth Bolt-On Acquisition Playbook QUICK FACTS TARGET PROFILE STRATEGY VALUE CREATION Spent over $300 million of cash on • Privately held small to • Strategic fit from a product • Leverage global spend for acquisitions since FY2017 medium sized businesses or categ
Slide 11: Strong Financial Profile
Strong Financial Profile Disciplined Approach to Capital Allocation Ready to Support Future Growth Manage Reinvest in the Mergers & Return Cash to Leverage Business Acquisitions Stockholders Recent Debt Restructuring Strengthens Position Transaction Overview Pro-Forma Structure Previous Term Loan B
Slide 12: Focused on Environment, Social & Governance
Focused on Environment, Social & Governance Key Performance Metrics as of FY2020 We seek to utilize sustainable business principles and processes that achieve a balance between profitability and protection of all stakeholders, while reducing our impact on the environment and climate. 43% 13% Reducti
Slide 13: Appendix
Appendix © Atkore.
Slide 14: Segment Information
Segment Information Three months ended March 26, 2021 March 27, 2020 Adjusted Adjusted EBITDA Adjusted Adjusted (in thousands) Net sales EBITDA Margin Net sales EBITDA EBITDA Margin Electrical $ 487,500 $ 188,826 38.7 % $ 323,218 $ 77,233 23.9 % Safety & Infrastructure 152,700 16,193 10.6 % 133,130
Slide 15: Net Income to Adjusted EBITDA
Net Income to Adjusted EBITDA Consolidated Atkore Inc. Fiscal Year Ended September 30, September 30, September 30, September 30, September 30, September 30, (in thousands) 2020 2019 2018 2017 2016 2015 Net income $ 152,302 $ 139,051 $ 136,645 $ 84,639 $ 58,796 $ (4,955) Income tax expense 49,696 45,
Slide 16: Free Cash Flow
Free Cash Flow Consolidated Atkore Inc. Fiscal Year Ended September September September September September September (in thousands) 30, 2020 30, 2019 30, 2018 30, 2017 30, 2016 30, 2015 Net cash provided by operating activities $ 248,762 $ 209,694 $ 145,703 $ 121,654 $ 156,646 $ 141,073 Capital exp
Slide 17: Return on Capital
Return on Capital Consolidated Atkore Inc. Fiscal Year Ended September 30, September 30, September 30, September 30, September 30, September 30, (in thousands) 2020 2019 2018 2017 2016 2015 Income (Loss) Before Taxes $ 201,998 $ 184,669 $ 166,352 $ 126,125 $ 86,781 $ (7,871) Income Tax Expense (Bene
Slide 18: Thank you!
Thank you! atkore.com 16100 South Lathrop Avenue, Harvey, IL 60426 © Atkore Inc.
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