Patrick Industries, Inc. · NASDAQ:PATK

Patrick Industries — Shareholder Meeting (May 2017)

19 slides from Patrick Industries's shareholder meeting presentation, May 17, 2017

  1. Slide 1: Annual Shareholders Meeting May 17, 2017

    Annual Shareholders Meeting May 17, 2017

  2. Slide 2: Welcome

    Welcome Julie Ann Kotowski Director of Investor Relations

  3. Slide 3: Forward-Looking Statements

    Forward-Looking Statements This presentation contains certain statements related to future results or states our intentions, beliefs and expectations or predictions for the future which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Th

  4. Slide 4: Paul Hassler, Chairman of the Board; Andy Nemeth, President

    Paul Hassler Chairman of the Board Andy Nemeth President

  5. Slide 5: Strong Brands

    Strong Brands mien ONTLIN - OM i; EH) AGAMA moe WER Syici gMn, gPETERWa PROLUCTS Parkland Plastics : LS Manufacturing ®PolyDyn* j Gr Le ~~

  6. Slide 6: 2016 Review

    2016 Review Todd Cleveland Chief Executive Officer

  7. Slide 7: Sales & Earnings Growth

    Sales & Earnings Growth 7  Sales continue to grow and outpace their respective markets, driven by acquisitions, new products and extension growth and market share gains  Net Income and EPS continue steady growth driven by the following:  Leveraging of fixed costs  Tight management of controllabl

  8. Slide 8: Stock Performance

    Stock Performance 0.0 0.2 0.4 0.6 0.8 1.0 1.2 1.4 1.6 1.8 2.0 1 Year 0.0 0.5 1.0 1.5 2.0 2.5 3.0 3.5 4.0 4.5 3 Years 0 5 10 15 20 25 30 5 Years 0 1 2 3 4 5 6 7 8 9 10 10 Years *Stock price performance calculated based on year ending % D PATK 296% DJI 19% S&P 500 21% % D PATK 2691% DJI 62% S&P 500 78

  9. Slide 9: Acquisition Highlights 2010-2016

    2010 Acquisition Highlights 2014 Acquisition Highlights • 2 companies • 7 companies • $6MM aggregate purchase price • $72MM aggregate purchase price • $22MM annualized sales • $126MM annualized sales • Primarily RV market-based • Primarily RV market-based 2011 Acquisition Highlights 2015 Acquisition

  10. Slide 10: 2016 – 2017 Acquisition Summary

    *Annualized sales represents projected full year sales volumes as of the acquisition date 2016 – 2017 Acquisition Summary 10 2016 2017 Parkland Plastics The Progressive Group Cana Cabinetry Mishawaka Sheet Metal L.S. Manufacturing Inc. BH Electronics, Inc. Sigma Wire & KRA Intl. Medallion Plastics,

  11. Slide 11: Industry Trends

    Industry Trends Andy Nemeth President

  12. Slide 12: RV Industry Annual Shipment Trends

    (shipments in thousands) Source: RVIA  Highest level of annual shipments in 40 years  Wholesale unit shipments increased by 15% over 2015  Double digit growth in every quarter in 2016  Retail shipments increased by 11% compared to 2015 RV Industry Annual Shipment Trends 12 173 163 203 228 259 24

  13. Slide 13: MH Industry Annual Shipment Trends

    (shipments in thousands) Source: Manufactured Housing Institute MH Industry Annual Shipment Trends  Industry growth of 15% compared to 2015  Increased demand as a resource for those displaced by Hurricane Matthew and flooding 13 188 171 211 254 304 340 363 353 373 349 251 193 168 131 131 147 118 9

  14. Slide 14: New Housing Starts Trends

    (housing starts in thousands) Source: U.S. Census Bureau New Housing Starts Trends 1,193 1,014 1,200 1,288 1,457 1,354 1,477 1,474 1,617 1,641 1,569 1,603 1,705 1,848 1,956 2,068 1,801 1,355 906 554 587 609 781 925 1,003 1,112 1,174 New Housing Starts  Housing starts were up 6% compared to 2015  A

  15. Slide 15: 1st Quarter 2017 Review

    1st Quarter 2017 Review

  16. Slide 16: Q1 2017 Summary

    Q1-2017 Q1-2016 Change Net Sales $345.4 $278.6 24% Operating Income $23.9 $20.6 16% Net Income $17.5 $13.0 35% Net Income per Diluted Share $1.12 $0.85 32% $2,167 $2,044 $1,904 $1,787 RV MH 2017 2016 RV 72% MH 13% Industrial 11% Marine 4% Revenue Mix  Sales increased $67 million for the first quart

  17. Slide 17: Market Platform: Marine, Industrial, MH, RV

    Market Platform Marine Industrial MH RV 17

  18. Slide 18: Strategically aligned with OEM customers with a nationwide network

    18 Strategically aligned with OEM customers with a nationwide network Over 80 facilities in 19 states with approximately 6,000 employees Headquarters Existing Patrick Facility Geographic & Product Expansion 18

  19. Slide 19: Annual Shareholders Meeting May 17, 2017

    Annual Shareholders Meeting May 17, 2017

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