Herc Holdings Inc. · NYSE:HRI
Herc — Bank of America Global Industrials Conference 2024
9 slides from Herc's conference presentation, Mar 20, 2024
Slide 1: Bank of America Global Industrials Conference, London
Larry Silber President and CEO Mark Humphrey SVP and CFO Bank of America Global Industrials Conference London March 20, 2024 ©2024 Herc Rentals Inc. All Rights Reserved.
Slide 2: Safe Harbor Statements and Non-GAAP Financial Metrics
Safe Harbor Statements and Non-GAAP Financial Metrics Forward-Looking Statements This presentation includes forward-looking statements as that term is defined by the federal securities laws, including statements concerning our business plans and strategy, projected profitability, performance or cash
Slide 3: Our Purpose, Mission, Vision and Values
Our Purpose, Mission, Our Vision and Values Vision We aspire to be the supplier, employer and investment of choice in our industry. Our Our Values Mission We do what’s right. To ensure that end We’re in this together. users of our equipment We take responsibility. and services achieve We achieve res
Slide 4: Herc Rentals: A Leading Full-Line Equipment Rental Supplier
Herc Rentals: A Leading Full-Line Equipment Rental Supplier 58 Years of Experience ~7,400 Team members ~400 42 States 5 Provinces Branches1 $82 billion Addressable Market2 (1) Location count as of December 31, 2023 (2) ARA estimate of the 2024 North American addressable 4 market as of November 2023
Slide 5: How We Win
1 Grow the Core How We Win Increasing fleet and locations in urban markets drives revenue, scale and operating leverage 2 Expand Specialty Accelerating secular shift from ownership to rental and a service-driven model leads to higher utilization and returns 3 Elevate Technology Ongoing investment in
Slide 6: Continuing to Drive Growth as We Scale Our Business
Continuing to Drive Growth as We Scale Our Business Metric 20231 Revenue growth outpaces the market Rental Revenue YoY Growth +16% Added 42 locations through acquisitions and greenfield openings Adjusted EBITDA YoY Growth +24% Outsized share of megaproject activity Adjusted EBITDA Margin 45% Margin
Slide 7: New Operating System Supports Growth through Continuous Improvement
New Operating System Supports Growth through Continuous Improvement Standardized business processes Easy … to do business with Expert … at what we do Continuous improvement Organizational learning Efficient … in serving our customers Launching an interconnected system, efficiently delivering superio
Slide 8: Our Key Strengths
Our Key Strengths A leading equipment A market consolidator A technology-enabled Multi-faceted Significant headroom rental solutions quickly building equipment-services diversification to invest in growth provider delivering density, scale, provider creating strategy offers above-market growth capab
Slide 9: Investor Contact: Leslie Hunziker
Investor Contact: Leslie Hunziker Senior Vice President, Investor Relations, Sustainability and Communications leslie.hunziker@hercrentals.com 9
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