Slide 1: Integrated Electrical Services, Inc. 1st Quarter Results
Integrated Electrical Services, Inc. 1st Quarter Results February 10, 2011 Michael J. Caliel, President & CEO Terry Freeman, SVP & CFO Karen Roan, DRG&L FES, we poner TES. ssszs IES Confidential
Slide 2: Safe Harbor
— iii # _7—h——__i=: Safe Harbor “= Certain statements in this release, including statements regarding the restructuring plan and total estimated charges and cost reductions associated with this plan, are Yorward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and
Slide 3: Q1 Highlights
Lh £ ©£©;U3; de 0x Q1 Highlights # Improved results vs. Q4 2010 # Consolidated revenues and gross profit up sequentially # Growth in C&l segment revenues # Reduced SG&A compared to Q4 ‘10 and Q1 ‘10 # Continued steps to significantly reduce cost base = Backlog $243 million at December 31st # Improve
Slide 4: Financial Highlights - IES Consolidated
Financial Highlights - IES Consolidated ($ Thousands) Treetintafnded —TaceMrtnaFnied = Tree Ene Treenbe 312000 _Seplenbers0 010 _Dcenburst 2008 aaa see sta s za es smart roses wo36 Gross Prot mare 7986 19932 aoe 7% ‘ao ‘sox ‘sox ‘aox ie sea ex - es focctinpemert Sest : : Resting and oer : o a Operat
Slide 5: Communications
— iiiii i :»4x%AE__ aT: Communications (8 Thousands) Three Menthe Ended Three Months Ended ‘Tiree Months Ended December 31, 2010, ‘September 30, 2010 December 31,2008 Revenues s 1921S 22,165 s 19.652 Gross profit 3.211 3,305 3357 % 18.1% 149% 18.0% Selling, general and administrative 2,320 2517 1,98
Slide 6: Residential
——— Residential “Three Menthe Ended September 30,2010 | E S We power progress ($ Thousands) ‘Tnree Months Ended Deoember 31,2010 Revenues s 26,048 Gross profit 4,585 % 176% Seling, general and administrative 4778 % 138.5% Gain on sale of assets 22) Asset impairment i Restructuring charge : Operating
Slide 7: Commercial & Industrial
ee Commercial & Industrial ($ Thousands) Revenues Gross profit % Selling, general and administrative % Gain on sale of assets ‘Asset impairment Restructuring charges, other Operating income (loss) % | E S We power . progress “Three Menthe Ended December 31, 2010, ‘Three Months Ended ‘September 30,20
Slide 8: Backlog
Backlog (8 Millions) 259 251 | | | | Dec ‘09 Mar 10 Jun 10 Sep 10 Dec 10 IES wx IES Confidential
Slide 9: Balance Sheets and Other Highlights
a ( £ | Balance Sheets and Other Highlights ($ Thousands) December 31, 2010 September 30, 2010 Cash $ 26,046 $ 32,924 Current Assets 158,920 168,956 Current Liabilities 71,540 85,716 Working Capital 87,380 83,240 Total Debt 11,014 11,256 Total Equity 98,123 101,581 Backlog 242,601 245,505 Liquidity
Slide 10: Summary
Summary * Continue to deliver exceptional safety performance # Disciplined approach to growing orders and backlog #* Strengthening core portfolio of electrical and communications businesses # Aggressive cost management actions to flex in line with expected volumes | = We power chet progress IES Conf