Toromont Industries Ltd. · TSX:TIH
Toromont Industries — Q4 2024 Earnings Presentation
12 slides from Toromont Industries's earnings presentation, Feb 12, 2025
Slide 1: Connecting Together: Q4 2024 Results
CONNECTING TOGETHER Q4 2024 Results Wednesday, February 12, 2025
Slide 2: Advisory
Advisory Information in this presentation that is not a historical fact is "forward-looking information". Words such as "plans", "intends", "outlook", "expects", "anticipates", "estimates", "believes", "likely", "should", "could", "would", "will", "may" and similar expressions are intended to identi
Slide 3: Q4 Highlights
Q4 Highlights • Q4 results reflects solid performance, good activity levels across most markets as well as continued execution against a strong order backlog, with revenue up 7% and net income up 1%. Bottom line results have been dampened as expected against a strong comparator reflective of market
Slide 4: Financial Highlights
Financial Highlights • Working Capital – increase in investment levels in Q4 2024; the team continues to exercise discipline and focus on customer requirements, market conditions and activity levels • Inventories – Increases relate to delivery timing, price increases and foreign exchange rates on US
Slide 5: Financial Summary
Financial Summary Financial Data in $ million, EPS in $ per share • Bookings 3% higher in Q4 (YTD +9%), higher CIMCO orders offset by lower Equipment Group orders against a strong comparator (YTD, higher bookings: Bookings : Backlog Revenue Equipment Group +6% and CIMCO +30%) 1,212 • Backlog remains
Slide 6: Equipment Group
Equipment Group Financial Data in $ million, EPS in $ per share • Bookings down 9% in Q4 (YTD up 6%) with strong bookings in construction, power Bookings : Backlog Equipment & systems & material handling being partially offset with lower mining orders in Q4. YTD Rentals Higher construction & materia
Slide 7: CIMCO
CIMCO Financial Data in $ million, EPS in $ per share • Bookings up 124% in Q4 (YTD +30%) ◦ Industrial market up 174% activity stronger in both Canada & the US (YTD down 12% with Bookings : Backlog Revenue weaker activity in Canada, against a strong comparator, vs stronger activity in the US) ◦ Recr
Slide 8: Recent Events - Acquisition of AVL Manufacturing Inc.
Recent Events - Acquisition of AVL Manufacturing Inc. • As announced on February 3, 2025, the Company acquired a 60% ownership of AVL Manufacturing Inc. ("AVL"), a leader in the design and fabrication of power generation and storage enclosures. • AVL operates in Hamilton, Ontario, and currently serv
Slide 9: Key Takeaways Leading into Q1 2025
Key Takeaways Leading into Q1 2025 • Our key focus areas: • Execute safely • Serve and support our customer requirements • Disciplined focus on building our business for the future (leverage operating model & managing risks) • Expecting the business environment to be influenced buy a number of facto
Slide 10: 2025 Schedule
2025 Schedule All dates and times are preliminary and subject to change Release Date Investor Call Time Quarter Investor Call Date After market close Eastern Q1 2025 April 30, 2025 May 1, 2025 8:00 AM Q2 2025 July 29, 2025 July 30, 2025 8:00 AM Q3 2025 October 30, 2025 October 31, 2025 8:00 AM Fisca
Slide 11: Thank You
THANK YOU CONNECTING TOGETHER CONNECTONS ENSEMBLE 11
Slide 12: Connecting Together: Q4 2024 Results
CONNECTING TOGETHER Q4 2024 Results Wednesday, February 12, 2025