Slide 1: Outlook
Outlook 1 | ©2016 Belden Inc. belden.com @beldeninc
Slide 2: Delivering on Commitments in 2016
Delivering on Commitments in 2016 GUIDANCE ISSUED IN CURRENT DECEMBER 2015 GUIDANCE2 Organic Growth1 0.0–2.0% Organic Growth1 1.1–1.9% Earnings RECORD Earnings $5.10-$5.40 $5.20-$5.30 Per Share Per Share $225M RECORD $242M Free Cash Flow Free Cash Flow 101% of Net Income 101% of Net Income From 3.6x
Slide 3: 2016 Stock Price Performance
2016 Stock Price Performance 80% 60% 40% 20% 0% -20% -40% -60% Peers S&P 500 BDC Stock price as of 11/30/16. Peers include AXE, TEL, APH, ROK, COMM. 3 | ©2016 Belden Inc. belden.com @beldeninc
Slide 4: 2017 Assumptions
2017 Assumptions Organic growth of 1–3% Euro of $1.05 for 2017 versus $1.11 in 2016 Copper price of $2.65 for 2017 versus $2.20 in 2016 $11M of favorable impact from ongoing productivity improvement programs Tax Rate of 20% for 2017 versus 17.4% in 2016 No impact of potential 2017 M&A Transactions 4
Slide 5: Revenues and EPS Bridge
Revenues and EPS Bridge Revenue (in Millions) $24-$74 ($40) $2,382- $33 $2,432 $2,365 Adjusted EPS ($0.08) ($0.19) $0.24-$0.49 ($0.45) $5.00- $0.23 $5.25 $5.25 Current Currency Copper Tax and Tax Mandatory Productivity Organic Current Outlook 2016 Interest Expense Preferred Growth Outlook 2017 Expen
Slide 6: Outlook Fiscal Year 2017
Outlook Fiscal Year 20171 Revenues EPS of between of between $2.382 Billion and $5.00 and $5.25 $2.432 Billion per diluted share 1. Adjusted results. See appendix for reconciliation to comparable GAAP results. 6 | ©2016 Belden Inc. belden.com @beldeninc
Slide 7: Reconciliation of Non-GAAP Measures: 2017 Earnings Guidance
Reconciliation of Non-GAAP Measures: 2017 Earnings BELDEN INC. Guidance RECONCILIATION OF NON-GAAP MEASURES 2017 EARNINGS GUIDANCE Year Ended December 31, 2017 Adjusted income per diluted share attributable to Belden common stockholders $5.00 - $5.25 Amortization of intangible assets ($1.31) Severan