Cts Corporation · NYSE:CTS
Cts — Investor Presentation (August 2006)
6 slides from Cts's investor presentation, Aug 9, 2006
Slide 1: Business Growth Targets
- Automotive Sensors - Electronic Components Electronics Manufacturing Services 14 - 18% 4 - 8% 6 - 10% 8 - 12% Overall Organic Growth Target Components & Sensors: 10 - 14% Business Growth Targets Annual Sales Growth Product/Market Area (2005 - 2008)
Slide 2: CTS Accelerator Pedal Modules Offer Performance, Quality and Cost Advantages
Awarded 47 Platforms Industry trend is to adopt integrated pedals for increased control with reduced costs. Total Available Market (Including Pedal Sensors) $150 $223 $266 $326 $363 $305 CTS Accelerator Pedal Modules Offer Performance, Quality and Cost Advantages CTS Sales $ in Millions $393 Actual
Slide 3: Asian Automotive Growth
CTS Sales $ in Millions Actual 10 Year Projected Growth In Vehicle Sales (17M Units) Asian Automotive Growth Asia Over 50% of Growth China regulations driving local content CTS Operations in Taiwan and China
Slide 4: Growth Focused on High Margin Segments
Growth Focused on High Margin Segments 95% 70% Top 5 EMS Customers Communications Other Industrial Medical Computer 2006 Sales (1H06) Aerospace/ Defense More Complex Less Complex High Volume / Low Mix Low Volume / High Mix EMS Business CTS Markets
Slide 5: Adjusted Operating Expenses (Percent of Sales)
Adjusted Operating Expenses (Percent of Sales) Expense Leverage Contributing to Earnings Growth
Slide 6: Strong Cash Earnings and Free Cash Flow
Cumulative Free Cash Flow $ in Millions Cumulative Cash Earnings 70.5 73.5 FY 2006 Estimate Cumulative Free Cash Flow Strong Cash Earnings and Free Cash Flow Appendix CTS Corporation Reconciliation of Operating Expenses to Adjusted Operating Expenses ($ in millions) Full Year 2005 2004 2003 2002 Sel
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