Core Molding Technologies Inc · AMEX:CMT
Core Molding Technologies — Midwest IDEAS Conference 2025
24 slides from Core Molding Technologies's conference presentation, August 2025
Slide 1: Investor Presentation – Midwest IDEAS Conference
Investor Presentation Midwest IDEAS Conference August 2025
Slide 2: Safe Harbor Statements and Non-GAAP Financial Measures
Safe Harbor Statements and Non-GAAP Financial Measures Certain statements in this Annual Report on Form 10-K constitute forward-looking statements within the meaning of the federal securities laws, which are subject to the "safe harbor" created by Section 27A of the Securities Act of 1933, as amende
Slide 3: About Core Molding
Diversified Portfolio with Long Term About Core Molding Customer Relationships The most reliable, innovative and responsive partner in engineered materials and manufacturing solutions: TRANSPORTATION NYSE American 45 CMT Year Old Company Russell 3000 POWERSPORTS Headquartered in Employees Columbus,
Slide 4: Our "Must Win Battle" Transformation Journey
Gross Margin % Our “Must Win Battle” Transformation Journey 20.0% 15.0% 10.0% 5.0% 2019 2020 2021 2022 2023 2024 TTM Q2 2025 2019/2020 2021 2022/2023 2024/2025 Turnaround Product Focused Institutionalize Operating Systems Invest For Growth Culture as a Competitive Advantage Dig out | Back to Basics
Slide 5: Why Invest in Core
Why Invest in Core Market Few Large, Long-term Proprietary, Single Product Tariff Leadership competitors, Diverse relationships Highly- source, innovation protected through high barriers Addressable with Engineered technical expertise USMCA Manufacturing to entry Markets blue-chip Products solutions
Slide 6: $7 Billion Total Addressable Market In Attractive Industry Verticals
$7 Billion Total Addressable Market In Attractive Industry Verticals Powersports / Industrial & Truck Golf Cars Utilities $0.7B $0.6B $1.5B Construction Consumer Building Aerospace & Ag. Products Products $1.0B $0.4B $0.8B $2.0B Invest for Growth Multiple Offering Growing industry channel higher val
Slide 7: Our Large North American Manufacturing Footprint
Our Large North American Manufacturing Footprint Cobourg, Ontario Product Sales by Facility* Gafney, SC Winona, MN 34% Columbus, OH 25% 82 16% Presses 14% Monterrey, MX Matamoros, MX 7% Presses up to 4% 5500 Ton >1.3M Square Feet *Based on 2024 Product Sales * USMCA compliant products Core Molding I
Slide 8: Supplying Products to Industry Leaders in Growing and Diverse Industries
Supplying Products to Industry Leaders in Growing and Diverse Industries 2024 Net Product Sales By Industry Power Truck Truck Sports 56% 24% 6% 14% Powersports Building Products Industrial, Utilities & Other Building Products Long-term relationships with blue-chip companies providing single-source m
Slide 9: Sustainable, High-value Solutions Contribute to our Diversification Strategy
Sustainable, High-value Solutions Contribute to our Diversification Strategy Why Customers Choose Core Truck Light Weighting Durability Powersports Corrosion Resistance Cost Savings Building Products Parts Consolidation Recyclability Industrial and Utilities Core Molding Investor Presentation August
Slide 10: Organic Growth / Investment in Future Growth
Organic Growth / Investment in Future Growth Won $150mm contract for Volvo roofs to be launched in our Matamoros facility, under a long-term, contractual agreement • Adjusted EBITDA accretive in the first full year and ROCE above 5 yr target Investing $25mm to: • Expand Matamoros facility to launch
Slide 11: New/Expand Industry Verticals
SMC and Automotive Top Coat Paint Carbon Fiber New/Expand Aerospace Molding Industry Verticals Medical EV Battery Enclosures Core Molding Investor Presentation August 2025 11
Slide 12: Core's Unique Differentiators and Award-Winning Solutions
Core’s Unique Differentiators and Award-Winning Solutions Why Customers Stay with Core Lightweight = High Strength Innovative Material & Multi-Composite Lower Total Costs to Weight Process Development Design Flexibility • Total installation cost • High performance • Large format / • High value integ
Slide 13: Case Study: Offering Light Weighting Solutions
Case Study: Offering Light Weighting Solutions Highly Engineered Technical Solution Sales Easier installation Reduced Labor Improved Employee Safety / Polymer Concrete Composite Reduced Injuries / OSHA 90 Lbs. 25 Lbs. On site modifications Reduced need for onsite installation equipment Saves 80% CO2
Slide 14: Case Study: Offering Part Consolidation Solutions
Case Study: Offering Part Consolidation Solutions Unique Solutions Create Optimized Design Simplified assembly / Reduced Labor 43 Parts 1 Part for the customer 3X higher strength, 30Lbs lighter, 60% less labor to install Integrated with the customer development (Early in the development process) Uni
Slide 15: Financials
Financials August 2025
Slide 16: Capital Allocation Priorities
Capital Allocation Priorities Multifaceted allocation strategy to maximize shareholder value Organic Growth • Capital investments meeting Company’s return requirements • Projected sustaining capital spend in 2025 of $10-$12mm • Growth capex of $25mm over the next 18 months M&A • Tuck in acquisitions
Slide 17: Selected Financial Information
Selected Financial Information Total Sales in millions Adj EBITDA in millions / % of Sales (1) $400 $377 $358 $50 15.0% $42.9 $350 $308 $33.8 $30.2 $302 $40 $300 $276 $26.7 $31.9 10.0% $250 $30 $200 $20 5.0% $150 $10 $100 $50 $0 0.0% $0 2021 2022 2023 2024 TTM June 2021 2022 2023 2024 TTM June 2025
Slide 18: Cash Flows and Reinvestment
Cash Flows and Reinvestment Three Year Summary Excluding $14M Capacity in place ~$90M $52M growth Reinvestment to support Operating free cash capex to support $425 to $475 million cash flow flows $66M Company growth of revenues Core Molding Investor Presentation August 2025 18
Slide 19: Long Term Financial Goals
Long Term Financial Goals Our Three to Five Year Financial Targets • Organic growth • Acquisitions Revenues >$500MM • Goal timing may be impacted due to return to pre-pandemic demand levels • Operational improvements Operating Income 8%-10% • Value selling • Leverage fixed costs • Investment in capa
Slide 20: Contacts
Contacts Company Contact Alex Panda Chief Financial Officer apanda@coremt.com Investor Contact Sandy Martin / Steven Hooser Three Part Advisors 214.616.2207 Core Molding Investor Presentation August 2025 20
Slide 21: Appendix
APPENDIX
Slide 22: Class 8 Truck Market Forecast / Overview – From ACT
Class 8 Truck Market Forecast / Overview – From ACT Annual Class 8 Truck Production (units) - per ACT Comments from latest ACT Report: 400,000 With national-level data unsupportive and softening, and industry anecdotes increasingly pessimistic, the outlook continues to erode. 350,000 It comes down t
Slide 23: Net Income (Loss) to Adjusted EBITDA Reconciliation
Net Income (Loss) to Adjusted EBITDA Reconciliation (1) Includes net interest expense, non-cash periodic post retirement costs and loss on extinguishment of debt. (2) Reflects facility closure and severance payments. Reconciliation of GAAP to Non-GAAP Financial Measures * Adjusted EBITDA represents
Slide 24: Year-End and Return on Capital Employed ("ROCE") Reconciliation
Year-End and Return on Capital Employed (“ROCE”) Reconciliation TTM June TTM June 2020 2021 2022 2023 2024 2025 2024 2025 in thousands in thousands EBIT $ 10,390 $ 11,068 $ 18,003 $ 26,537 $ 16,695 $ 12,528 EBIT $ 16,695 $ 12,528 Plant Closure and Severance Costs (1) 2,581 - - 1,294 2,473 Plant Clos
Core Molding Technologies — Midwest IDEAS Conference 2025 on 6ix