Fti Consulting, Inc. · NYSE:FCN
Fti Consulting — Investor Presentation (March 2009)
19 slides from Fti Consulting's investor presentation, March 2009
Slide 1: An Overview of FTI: The Company Behind the Headlines
An Overview of FTI (NYSE:FCN) TM The Company Behind the Headlines March 09
Slide 2: Cautionary Note about Forward-Looking Statements
Cautionary Note about Forward-Looking Statements Certain statements made by us in this presentation that are not historical facts or that relate to future plans, events or performances are forward-looking statements within the meaning of the federal securities laws. Our actual results may differ mat
Slide 3: Introducing FTI
Introducing FTI FTI is the gold standard of event-driven consulting • More than 3,300 employees in an unmatched global platform across 28 countries • Leading advisor for protecting and enhancing enterprise value in complex economic, legal and regulatory environments • Clients include nine of the ten
Slide 4: The Opportunity Today
The Opportunity Today “The height of irresponsibility…” 01/29/09 “SEC says magnitude of Ponzi schemes growing…” “E-discovery market will grow 02/06/09 up to 35% per year through 2012.” “…the coming tsunami of bankruptcies” 02/03/09 Annual Class-Action Filings DistressedDebt Distressed Debt Debt amou
Slide 5: Waves of Change Will Generate Business for Years to Come
Waves of Change Will Generate Business for Years to Come 4
Slide 6: The Opportunity Long-Term: Event-driven consulting thrives in good times and bad
The Opportunity Long-Term: Event-driven consulting thrives in good times and bad 2007-8 2009 Drivers Drivers inin Downturn: Downturn: Drivers Drivers in in Expansion: Expansion: Secular Secular Drivers: Drivers: •Restructuring •Restructuring & & bankruptcy bankruptcy •Business •Business improvement
Slide 7: Our Strategy for Sustainable Growth
Our Strategy for Sustainable Growth Industry/sector Three strategies that drive our business: ► Practice: continue to build out diverse platform of services and solutions ► Geography: replicate business model across existing global platform Practice ► Industry/sector: develop integrated industry-foc
Slide 8: Strategy: Enhance Our Diverse Platform of Services and Solutions
Strategy: Enhance Our Diverse Platform of Services and Solutions 2008 Revenue Corporate Corporate Finance/ Finance/ Restructuring Restructuring 17% Technology Technology Consulting Consulting 29% • Restructuring 17% • Electronic evidence • Transaction advisory discovery services • Repository service
Slide 9: Strategy: Enhance Our Diverse Platform of Services and Solutions
Strategy: Enhance Our Diverse Platform of Services and Solutions ► Each of our business segments is dominant in its field • Corporate Finance leads bankruptcy and crisis management league tables for fifth consecutive quarter • Economic Consulting team includes Nobel laureates and the top- ranked ant
Slide 10: Strategy: Replicate Our Business Model Globally
Strategy: Replicate Our Business Model Globally London Moscow Beijing New York Paris San Francisco Tokyo Washington Madrid Mumbai Dubai Los Angeles Hong Kong Sao Paulo Sydney Cape Town Buenos Aires 9
Slide 11: Strategy: Develop Cross-Segment Industry Solutions
Strategy: Develop Cross-Segment Industry Solutions Corporate Finance Forensic and Litigation Economic Consulting Strategic Communications Technology 10
Slide 12: Strategy: Growth through Integration
Strategy: Growth through Integration Expand Business Model Across Existing Global Footprint 11
Slide 13: Strategy: Growth Through Integration - Untapped Brand Potential
Strategy: Growth Through Integration Significantly Increase Investments in Untapped Brand Potential 12
Slide 14: Results - Financial
Results - Financial ► Track record of industry-leading growth in revenue and profitability ► Healthy balance of growth from organic sources, acquisitions and practice development ► Strong balance sheet and consistent free cash flow to support continued development of the business 13
Slide 15: Results: Financial Performance that Leads Our Sector
Results: Financial Performance that Leads Our Sector Diluted EPS: $1.36 $2.00 $2.34 $1,400 $1,293.1 $1,200 $1,001.3 $1,000 $800 $707.9 Revenue $600 EBITDA* Oper. Cash Flow $400 $282.9 $216.0 $199.9 $153.8 $200 $64.0 $68.7 $0 2006 2007 2008 EBITDA* Margins: 21.7% 21.6% 21.9% 14 In $ millions except E
Slide 16: 2008 Results
2008 Results ($ in thousands, except per share data) Year Ended December 31, 2008 2007 Revenue + 29.2% $1,293,145 $1,001,270 Direct cost of revenues 705,611 548,407 Selling, general and administrative expense 330,052 255,238 Amortization of other intangible assets 18,824 10,615 1,054,487 814,260 Ope
Slide 17: Q4 2008: Continued Growth for the Year
Q4 2008: Continued Growth for the Year ($ in thousands, except per share data) Three Months Ended December 31, 2008 2007 Revenue + 15.1% $322,876 $280,519 Direct cost of revenues 170,410 151,746 Selling, general and administrative expense 88,199 69,963 Amortization of other intangible assets 5,805 2
Slide 18: Q4 2008: Segment Performance
Q4 2008: Segment Performance ($ in thousands, except per share data) Revenue- Generating Revenues EBITDA Margin Headcount (in thousands) Three Months Ended Dec 31, 2008 % Increase Technology 9.7% $ 52,164 $ 13,600 26.1% 359 Corporate Finance/Restructuring 45.7% 107,280 37,181 34.7% 669 Economic Cons
Slide 19: Summary
Summary FTI is the gold standard of event-driven consulting • FTI is benefiting from extreme degrees of change and complexity in the global business landscape • FTI has the industry’s broadest platform of services, professionals and geographies to match the needs of the market • FTI has a proven mul