Owens Corning Inc · NYSE:OC
Owens Corning — Investor Day (November 2021)
8 slides from Owens Corning's investor day presentation, November 2021
Slide 1: Todd Fister, President, Insulation
Todd Fister President, Insulation
Slide 2: Insulation is a Long-term Sustainable Solutions Growth Play
Insulation is a Long-term Sustainable Solutions Growth Play What you will hear today 1 2 3 Improved margin Repositioned the Can consistently performance business for higher grow above the 500bps* since 2019 earnings potential construction market resulting from operational through our leadership in i
Slide 3: Market-Leading Global Portfolio
Market-Leading Global Portfolio OC Insulation holds #1 or #2 market position in global markets we serve North American Global Mineral Wool Global Technical North American Extruded Global Cellular Glass Residential Fiberglass Fiberglass Polystyrene (XPS) Leading Brands Leading Market Positions Leadin
Slide 4: Strong Financial Performance
Strong Financial Performance Significant margin expansion since 2019 Net Sales (mm) Key Drivers for Business Growth $4,000 9% CAGR • OC Insulation growth 9% versus Building and Construction industry growth of 4%1 $3,000 • Share capture in most markets served $2,000 • Product innovation $1,000 • Insu
Slide 5: Increased Earnings Performance in Insulation
Increased Earnings Performance in Insulation A balanced portfolio with an industry-leading margin structure North American Residential Insulation Technical & Global Insulation EBITDA (mm) EBITDA (mm) $500 $500 $400 $400 $300 $300 $200 $200 $100 $100 $- $- 2006 (peak) 2019 LTM (Sept. 2021) 2006 2019
Slide 6: Insulation can Consistently Grow Above Overall Building & Construction Industry Driven by Secular Trends
Insulation can Consistently Grow Above Overall Building & Construction Industry Driven by Secular Trends Changes in Construction Resulting in Higher Demand Higher Demand for Sustainable Practices for Net-Zero & Low Carbon Solutions Buildings • 90% of buildings in US and • Stricter codes for thermal,
Slide 7: Positioned to Win in a More Sustainable Future
Positioned to Win in a More Sustainable Future FIBERGLASS MINERAL WOOL XPS CELLULAR GLASS NEW SOLUTIONS • Highest recycled • High recycled • Low GWP • Long service life • Aerogel – used content1 content in U.S. formulation in electric vehicle (NGX™) • 80+ years of applications • Made with 100% • Lon
Slide 8: Growth in a Net Zero Future
Growth in a Net Zero Future Owens Corning Insulation is a long-term sustainable solutions growth play Improved margin Less cyclical with Can grow above performance improved earnings construction market potential and enable net zero • Productivity 2.0% - 2.5% annually • Attractive and diverse global