Federal Signal Corporation · NYSE:FSS
Federal Signal — Investor Presentation (March 2022)
14 slides from Federal Signal's investor presentation, March 2022
Slide 1: Disciplined Growth
Disciplined Growth Investor Presentation March 2022
Slide 2: Safe Harbor Statement
Safe Harbor Statement This presentation contains unaudited financial information and forward-looking statements. Statements that are not historical are forward-looking statements and may contain words such as “may”, “will” ,“believe”, “expect”, “anticipate”, “intend”, “plan”, “project”, “estimate”,
Slide 3: Federal Signal at a Glance
Federal Signal at a Glance • Founded in 1901, joined NYSE in 1969 (“FSS”) • Diversified industrial manufacturer of specialized vehicles for maintenance and infrastructure markets such as street sweepers, sewer cleaners, vacuum/hydro-excavators (“safe- digging trucks”), industrial vacuum loaders, wat
Slide 4: Why Federal Signal?
Why Federal Signal? Composition of Businesses • Clearly-defined strategy, with two groups – ESG and SSG – each of which have strong growth potential through a combination of organic initiatives and M&A End Market Exposures • Typical annual revenue mix of ~50% publicly-funded / ~50% industrial • Publ
Slide 5: Completed Three Acquisitions in 2021
Completed Three Acquisitions in 2021 OSW Equipment Ground Force Worldwide Deist Industries (February 2021) (October 2021) (December 2021) • OSW is a leading manufacturer of dump • Deist Industries designs, manufactures and • Ground Force Worldwide is a leading truck bodies and custom upfitter of tru
Slide 6: Environmental Solutions Group (ESG)
Environmental Solutions Group (ESG) Have established a platform serving maintenance and infrastructure markets to provide customers with a comprehensive suite of products and services Street Sewer Safe Industrial Road Materials Hauling Metal Extraction Application sweeping cleaning digging cleaning
Slide 7: Safety and Security Systems Group (SSG)
Safety and Security Systems Group (SSG) Serves the needs of government and industrial verticals for audible and visual safety and security notification devices Public Safety and Security Signaling Systems Lights and siren products for Police, Fire and Audible and visual Warning Systems Application H
Slide 8: Financial Overview
Financial Overview Net Sales Adjusted EBITDA Margin* Full Year 2021 Highlights2: (Consolidated) • Net sales of $1.21B, up $82M, or 7% 1,221 1,213 1,131 1,090 228 209 • Operating income of $130.7M 899 226 215 15.7% 16.1% $ in millions 14.6% 14.9% • Adjusted EBITDA* of $180.5M Adjusted EBITDA 206 12.4
Slide 9: Positioned for Long-Term Growth
Positioned for Long-Term Growth With continued focus on organic growth and M&A, and margin performance above that of many of our peers, our financial framework aims to create long-term shareholder value Long-Term Organic Value-Added Revenue Growth Acquisitions (Couple of % points > GDP) High Single
Slide 10: Appendix
Appendix I. Non-GAAP Measures II. Investor Information 10
Slide 11: Appendix I: Non-GAAP Measures (Adjusted EPS)
Appendix I: Non-GAAP Measures (Adjusted EPS) ($ in millions, except per share data) Year Ended December 31, Adjusted income from continuing operations and 2021 2020 earnings per share (“EPS”) Income from continuing operations $ 100.6 $ 96.1 Add (less): The Company believes that modifying its 2021 an
Slide 12: Appendix I: Non-GAAP Measures (Adjusted EBITDA)
Appendix I: Non-GAAP Measures (Adjusted EBITDA) Adjusted EBITDA and adjusted EBITDA margin ($ in millions) 2017 2018 2019 2020 2021 The Company uses adjusted EBITDA and adjusted EBITDA margin as Income from continuing operations $ 60.5 $ 93.7 $ 108.4 $ 96.1 $ 100.6 additional measures which are repr
Slide 13: Appendix II: Investor Information
Appendix II: Investor Information Stock Ticker: NYSE:FSS Company website: federalsignal.com/investors HEADQUARTERS 1415 West 22nd Street, Suite 1100 Oak Brook, IL 60523 INVESTOR RELATIONS CONTACTS 630-954-2000 Ian Hudson SVP & Chief Financial Officer IHudson@federalsignal.com 13
Slide 14: Federal Signal: Moves. Cleans. Protects.
[e FEDERAL SIGNAL Moves. Cleans. Protects.