Ingram Micro Holding Corporation · NYSE:INGM
Ingram Micro — Investor Day (November 2011)
163 slides from Ingram Micro's investor day presentation, Nov 15, 2011
Slide 1: Welcome
Confidential and proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. 110908_1 Welcome Ria Carlson SVP Corporate Communications November 15, 2011 Exhibit 99.2
Slide 2: Forward-Looking Statements
110908_2 Confidential and proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. Certain comments made by Ingram Micro during today’s Investor/Analyst Day presentations and discussions may be characterized as forward-looking s
Slide 3: Non-GAAP Information
110908_3 Confidential and proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. Non-GAAP Information GAAP to Non-GAAP Reconciliation Our disclosure of financial results contained in today’s presentations include those prepare
Slide 4: Agenda
110908_4 Confidential and proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. Agenda 1:30-2:30 p.m. The Blueprint For Our Success Greg Spierkel, CEO 2:30-3:15 p.m. An Architecture For The Future Mario Leone, CIO 3:15-3:30 p
Slide 5: The Blueprint For Our Success
Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. 110908_1 The Blueprint For Our Success Greg Spierkel Chief Executive Officer November 15, 2011
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Slide 9: 15 years as an NYSE public company
IM: Trading For 15 Years On NYSE 15 things you should know about Ingram Micro as we celebrate 15 years as an NYSE public company
Slide 10: Total IT Spend
S$ ailions Total iT Spend Total IT Spend USS aitione
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Slide 14: We Offer Value-Added Sales
Source: Company data and estimates We Offer Value-Added Sales. Our highly trained and certified technicians handle an average of 3 million pre-sales consultation calls each year worldwide
Slide 15: We're Strong In Enterprise Technology
Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. We’re Strong In Enterprise Technology. Revenues in our enterprise technology business are expected to surpass $10 billion for the 2011 year Percentage of Enterprise Revenu
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Slide 21: We're Respected And Recognized
We’re Respected And Recognized. – The only distributor to win CIO magazine’s 2011 CIO 100 Award for technology innovation – Ingram Micro India: Microsoft’s 2011 Authorized Distributor Partner of the Year (Worldwide) – VMware 2010 Global and Americas Distributor of the Year awards Ingram Micro is a w
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Slide 24: We're Mobile
Source: Company data and estimates We’re Mobile.
Slide 25: We Capture Data
110908_12 Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. We Capture Data. Ingram Micro has No. 2 worldwide market share in Data Capture / Point-of-Sale – On track for $600M+ in 2011 revenue, with gross margins in the h
Slide 26: We're Worldly
Countries Worked In Executive Nationality We’re Worldly. Source: Company information CEO Canadian COO French Sr. EVP, North America Irish Sr. EVP, EMEA French Sr. EVP, Asia-Pacific Indian SVP, Latin America American EVP, Human Resources Canadian CIO American & Italian CFO American Confidential and p
Slide 27: We Generate Cash
110908_14 Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. We Generate Cash. We have generated more than $2.2 billion in operating cash flows over the past 10 years ($ Millions) Source: Company reports
Slide 28: We're Growing Our Assets
110908_15 Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. We’re Growing Our Assets. Our tangible book value has grown to $20.79 per share as of Q3 2011 Source: Company reports
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Slide 32: We're Bullish On Our Future
We’re Bullish On Our Future… We are the largest purchaser of Ingram Micro common stock – repurchasing 36M+ shares over the past 5 years – 12 million+ shares repurchased in the past 9 months Source: Company data and estimates
Slide 33: Ingram Micro Partner Smart
Yuu) INGRAM MICROM Partnor Smart
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Slide 36: And Our Future Is Bright: Key Financial Targets
110908_17 Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. …And Our Future Is Bright. TTM * 2015 528 BPS 122 BPS 100 BPS 540-560 BPS 155-175 BPS 300-500 BPS Gross Margin Non-GAAP* Op. Margin ROIC Over WACC Key Financial
Slide 37: 2011 Investor and Analyst Day
INGRAM le Partner Smartm 2011 Investor and Analyst Day te Sh
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Slide 41: The Largest Global IT Distributor
The Largest Global IT Distributor Ingram Micro HQ Ingram Micro Regional HQ Growing $1.7 trillion industry Seasoned management team Strong global presence Industry’s broadest portfolio – 1,400+ vendors; 180,000+ resellers 5%* 42%* 31%* 22%* * FY 2010
Slide 42: Worldwide Economic Growth
110908_20 Worldwide Economic Growth Source: Economist Intelligence Unit, September 2011 Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission.
Slide 43: Worldwide IT Market
110908_21 4.1% $517 $1,047 Hardware Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. Worldwide IT Market Source: IDC, Worldwide Black Book Query Tool, October 31, 2011 4.1% 6.0% 7.3% CAGR $517 $239 $486 $1,047 $427 $727
Slide 44: Regional IT Growth
110908_22 Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. Regional IT Growth * Excludes Japan US $ Billions Source: IDC, Worldwide Black Book Query Tool, October 31, 2011 North America – 5.1% EMEA – 3.6% Asia-Pacific –
Slide 45: Market Trends Driving IT Spending
Market Trends Driving IT Spending Innovation and Productivity Mobility The worldwide market for public cloud services will be worth $176.8 billion by 2015 – Gartner Cloud Computing Tablets will create vast numbers of multi-device users who will prefer cloud-based tools – Peter Coffee, Salesforce.com
Slide 46: Market Trends Driving IT Spending
Market Trends Driving IT Spending Innovation and Productivity Mobility (There are million mobile Web users just in China .) Cloud Computing Media tablet sales will hit 63.6 million units in 2011 – Gartner Mobile Web users expected to surpass billion within years – ITU
Slide 47: Market Trends Driving IT Spending
Market Trends Driving IT Spending Innovation and Productivity Mobility (There are million mobile Web users just in China .) Cloud Computing Media tablet sales will hit 326.3 million units in 2015 – Gartner Mobile Web users expected to surpass billion within years – ITU
Slide 48: Market Trends Driving IT Spending
Market Trends Driving IT Spending Business to Business “With collaborative technologies …that… increase productivity, it behooves companies to compress the IT lifecycles . ” – CTO Edge Data Centers Corporate Investment / Refresh “IT organizations have been extending staff hours and launching ‘major
Slide 49: Market Trends Driving IT Spending
63% (of survey respondents) are investing $1M+ per year on data center products and services – 2011-2012 Data Center Market Insights report Market Trends Driving IT Spending Business to Business Data Centers 83% of large U.S. corporations plan to expand their datacenter facilities in the next months
Slide 50: Market Trends Driving IT Spending
Market Trends Driving IT Spending Social Networking Video / Content 800+ million Facebook users in 2011 75% Facebook users are outside the U.S. Twitter has more than million active users worldwide Social Media
Slide 51: Market Trends Driving IT Spending
Market Trends Driving IT Spending Social Networking Video / Content Facebook users in 75% Facebook users are outside the U.S. Twitter has more than million active users worldwide Social Media 1 billion+ 2012
Slide 52: Market Trends Driving IT Spending
In February 2011, 82.5% of the U.S. Internet audience viewed online video – comScore Market Trends Driving IT Spending Social Networking Video / Content YouTube exceeded billion daily views in 2011 70% of YouTube's traffic comes from outside the U.S. Social Media
Slide 53: Market Trends Driving IT Spending
There are million Internet users in China Market Trends Driving IT Spending Emerging Markets Mexico City and its surrounding area accounts for 50% of total IT spending in the country The number of mobile subscribers in India is growing by million every month That’s equivalent to adding the populatio
Slide 54: 2011 Investor and Analyst Day
INGRAM le Partner Smartm 2011 Investor and Analyst Day te Sh
Slide 55: North America At A Glance
110908_33 IM Canada HQ Buffalo, NY Campus Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. North America At A Glance Ingram Micro Advanced Logistics Center AVAD Logistics Center Ingram Micro No. 1 overall in North Americ
Slide 56: North America At A Glance
110908_34 ($ Billions) U.S. Canada Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. North America At A Glance 2015 Revenue Mix 2011 Revenue Mix * Other : Mobility, DC/POS and IM Logistics ($ Billions) U.S. Canada Total I
Slide 57: EMEA At A Glance
110908_35 Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. EMEA At A Glance Ingram Micro No. 2 overall in Europe – 20+ years of operating history in EMEA Full presence in 11 countries, representing 75% of the addressable
Slide 58: EMEA At A Glance
110908_36 ($ Billions) Germany France UK Italy Spain Netherlands Belgium Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. EMEA At A Glance ($ Billions) Germany France UK Italy Spain Netherlands Belgium Total IT market 20
Slide 59: Asia-Pacific At A Glance
110908_37 China Australia Bangladesh Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. Country HQ Distribution Center Rep. Office Regional HQ China Hong Kong Australia New Zealand Indonesia India Malaysia Thailand Singapo
Slide 60: Asia-Pacific At A Glance
110908_38 ($ Billions) China Australia India Singapore Malaysia Thailand NZ Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. Asia-Pacific At A Glance ($ Billions) Total IT market 2011 YTD $119 $39 $30 $9 $8 $8 $5 IM Posi
Slide 61: Latin America At A Glance
110908_39 Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. Ingram Micro No. 1 overall in Latin America – In-country presence in Mexico, Brazil, Chile, Peru and Argentina Market leader in Mexico with share larger than No.
Slide 62: Latin America At A Glance
110908_40 ($ Billions) Mexico Miami Export Brazil Chile Argentina Peru Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. Latin America At A Glance ($ Billions) Total IT market 2011 YTD $15 $3 $42 $4 $6 $2 IM Position Majo
Slide 63: Our Global Strategies
110908_41 Our Global Strategies Build Operational Excellence Strengthen Adjacencies Develop New Avenues For Growth Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission.
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Slide 67: Build Operational Excellence
Build Operational Excellence Continue information systems and eCommerce improvements – ERP implementation – Global website redesign – Data center migration Manage share and streamline costs – Cost optimization & margin management – Shared Service Centers – Business intelligence
Slide 68: Strengthen Adjacencies
110908_43 Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. Strengthen Adjacencies $600M+ revenues Growing to $900M+ by 2015 Maintaining gross margins in the high single digits $120M+ of fee- based revenues Growing to $19
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Slide 72: Develop New Avenues For Growth
Source: Gartner: Forecast: Public Cloud Services, Worldwide and Regions, Industry Sectors, 2010-2015, June 29, 2011 Develop New Avenues For Growth Cloud Services – Leading Cloud aggregator in the channel – Providing untapped market for vendors – Launched transactional marketplace in June 2011 46 dis
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Slide 76: Framing The Day
Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. Framing The Day Information Systems: Critical to our strategy North America Initiatives: Validation of our strategy Finance and Capital: How we will achieve our targets
Slide 77: and proprietary information of Ingram Micro Inc. — Do 0908_46
Confidential and proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. 110908_46
Slide 78: An Architecture For The Future
Confidential and proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. 110908_1 An Architecture For The Future Building New and Advancing Business Systems Mario Leone EVP, Chief Information Officer November 15, 2011
Slide 79: Global IS Business Blueprint
110908_2 Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. Global IS Business Blueprint Global IS Business Blueprint A Global IS strategy founded on business advancement
Slide 80: Establishing the Cornerstones
110908_3 Business Return Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. Business Business Agility Agility Customer Customer Loyalty Loyalty Flex Cost Flex Cost Model Model Establishing the Cornerstones Establishing the
Slide 81: Establishing the Cornerstones
110908_4 Computing Environments Completed 2011 Lower Operating Costs Ongoing Global Networks Completed 2011 Modern ERP System Delivered 2014 Global e-Solutions Delivered 2012 Business Return Being Delivered Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram
Slide 82: Investing in Computing Environments
110908_5 Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. Investing in Computing Environments… Investing in Computing Environments… In 2009, fragmentation, complexity and drag on business responsiveness Corporate Data Ce
Slide 83: Investing in Computing Environments
110908_6 Categories 2010 Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. Investing in Computing Environments… Investing in Computing Environments… In 2009, fragmentation, complexity and drag on business responsiveness C
Slide 84: To Create a Modern Platform
110908_7 S1 S2 S3 Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. …To Create a Modern Platform …To Create a Modern Platform Streamlined connectivity = low latency, fast data and high availability Global Client Services
Slide 85: To Create a Modern Platform
110908_8 S1 S2 S3 Categories 2010 2011 Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. …To Create a Modern Platform …To Create a Modern Platform Streamlined connectivity = low latency, fast data and high availability Gl
Slide 86: To Create a Modern Platform: Initial Results
110908_9 S1 S2 S3 Initial Results for 2010 - 2011 Fast Solution Delivery Accelerated Partner Connections Improved Operational Reliability Reduced IT Operating Costs Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. …To Cr
Slide 87: Framing a new SAP ERP Eco System
110908_10 Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. SAP Deployment Building capabilities to partner and deliver globally Best Practice development and sharing New EDI/XML Platform Ease partner connectivity Drive i
Slide 88: Framing a new SAP ERP Eco System
Framing a new SAP ERP Eco System Modern systems for business growth
Slide 89: Secure and Friendly Front Door
Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. Secure and Friendly Front Door Secure and Friendly Front Door New Web Platform Provides Global Consistency, Ease of Business World Class Search Industry-leading product se
Slide 90: Changing the Mix of Spend
62% Run 5% Grow 70% Run 22% Grow Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. Changing the Mix of Spend Changing the Mix of Spend Reduction and mix of spend will drive to our anticipated P&L Goals * 2010 Benchmark da
Slide 91: Reducing the Cost to Operate
Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. Reducing the Cost to Operate Reducing the Cost to Operate Converted from a Fixed to Competitive Variable Cost Model From 2011 through 2015 overall IS cost efficiency From
Slide 92: Conclusion
SAP Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. Conclusion Conclusion Investments in systems peak in 2011 – will taper off each coming year Lessons learned from SAP challenges being applied to minimize future impact
Slide 93: 2011 Investor and Analyst Day
INGRAM ® Partner Smartwm 2011 Investor and Analyst Day te Sh
Slide 94: Our Blueprint in Action
Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. 110908_1 Our Blueprint in Action Keith Bradley President Ingram Micro North America November 15, 2011
Slide 95: Ingram Micro Partner Smart
INGRAM Partner Smart
Slide 96: Growth Through Collaboration
“Ingram Micro’s new divisions blur the lines between value and volume and address the advanced technologies and multi-vendor solutions that are moving the market forward.” Growth Through Collaboration Divisions Enable “Broad and Deep” Approach - Chris Ilg, IDC
Slide 97: Shared Services: Driving Efficiency
110908_4 2012 2010 2011 2005 2006-2009 Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. Shared Services: Driving Efficiency Increased efficiencies and reduced OpEx fuels strategic initiatives – Labor savings in double-di
Slide 98: Shared Services Functions
Shared Services Functions More than Tech Support Excel Excel Sales Sales Customer Customer Service Service Order Order Management Management Marketing Marketing Tech Tech Support Support Outbound Outbound Services for Services for Partners Partners Internal IS Internal IS Support Support Pricing Pri
Slide 99: Enhanced Offerings
110908_6 Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. Enhanced Offerings Information Delivery & Analysis – Expanded Reseller Dashboard Data Integration – Upgraded infrastructure for 60% faster processing, 6x greater
Slide 100: Ingram Micro Logistics
110908_7 Service Fees Units Handled (in millions) Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. Ingram Micro Logistics Expanding Capabilities Service Fees Launched fee-for-service logistics business in 2000 – Differen
Slide 101: Advanced Solutions
110908_8 Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. The The broadest broadest portfolio portfolio of of data data center, center, networking networking and and security security vendors, vendors, solutions solution
Slide 102: Advanced Solutions: Building a More Favorable Mix
110908_9 Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. • Access to higher-end product line authorizations • Strategic storage, networking and software vendor additions Advanced Solutions Building a More Favorable Mix
Slide 103: Advanced Solutions Manufacturer Partners
110908_10 Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. Advanced Solutions Manufacturer Partners Strengthen Strengthen
Slide 104: Look Who We've Added
110908_11 Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. Advanced Solutions Look Who We’ve Added… Strengthen Strengthen
Slide 105: Advanced Solutions Partners
110908_2 Advanced Solutions Partners: De-authorized or No Traditional Broadline Distribution Confidential and proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission.
Slide 106: Data Capture/Point-of-Sale
110908_13 Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. Data Capture/Point-of-Sale Global Breadth & Expertise Entered DC/POS market in 2004 with the acquisition of Nimax in NA; now No. 2 in world – Only broad-based DC
Slide 107: Building a Cloud Solution
110908_14 Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. Building a Cloud Solution First to Market, Robust Offering First distributor to embrace Cloud computing – Launched first-ever transactional Cloud marketplace – C
Slide 108: Cloud Service Offerings
110908_15 Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. Cloud Service Offerings Comprehensive Portfolio Develop Develop
Slide 109: A Strong Cloud Foundation
110908_16 Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. A Strong Cloud Foundation Built on Customer Collaboration vendors (11 new partners added in ’11) ~3,000 unique reseller customers cloud service offerings 100%+ r
Slide 110: North America: Fertile Ground for Strategic Initiatives
110908_17 2011 Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. Incubate, Test Initiatives Validation of the Strategy; Explore Global Potential Share Lessons Learned, Best Practices Leverage Knowledge, Structure and Expe
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Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. 110908_18
Slide 112: Setting The Financial Cornerstone
Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. 110908_1 Setting The Financial Cornerstone Bill Humes Chief Financial Officer November 15, 2011
Slide 113: Building Blocks To 2015
110908_2 Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. Building Blocks To 2015 Drive Strong ROIC Deepen Profitability Steady Gross Margin Improvement Revenue CAGR of 4.5% - 6.5% Optimize Capital Allocation
Slide 114: Solid Foundation Set For 2015: Financial Targets
110908_3 ($ Billions) (BPS) (BPS) Non-GAAP EPS* Non-GAAP Operating Margin * Revenue Gross Margin Solid Foundation Set For 2015 Financial Targets * ($ Billions) (BPS) * For reconciliation of GAAP to non - GAAP financial measures, please refer to slides located in the G AAP to non - GAAP Reconciliatio
Slide 115: Focused On Value Creation
Focused On Value Creation 300-500 BPS above WACC Notes: (1) 2008 ROIC included a goodwill impairment charge of $659.8M after tax. (Percent) *ROIC = net operating profit after tax divided by average invested capital. Invested capital consists of debt + equity, less cash .
Slide 116: Partner Smart
Partner Smart
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Slide 119: Bridge to 2015 Operating Margin
110908_5 Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. Bridge to 2015 Operating Margin TTM 122 BPS ¹ Non-GAAP Op. Margin General OM Improvement 10-20 BPS General Operating Margin Improvement • Greater contribution fro
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Slide 123: Bridge to 2015 Operating Margin
110908_6 Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. Bridge to 2015 Operating Margin 25-35 BPS Leverage TTM 122 BPS ¹ Non-GAAP Op. Margin General OM Improvement 10-20 BPS Leverage • Operating expense grows less than
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Slide 127: Bridge to 2015 Operating Margin
110908_7 Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. Bridge to 2015 Operating Margin 25-35 BPS 15-20 BPS Leverage IS Cost Reductions TTM 122 BPS ¹ Non-GAAP Op. Margin General OM Improvement 10-20 BPS IS Cost Reducti
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Slide 131: Bridge to 2015 Operating Margin
110908_8 Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. Bridge to 2015 Operating Margin 25-35 BPS 15-20 BPS 10-15 BPS Leverage IS Cost Reductions Business Improvement TTM 122 BPS ¹ Non-GAAP Op. Margin General OM Improv
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Slide 135: Bridge to 2015 Operating Margin
110908_9 Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. Bridge to 2015 Operating Margin 25-35 BPS 15-20 BPS 15-20 BPS 10-15 BPS Leverage IS Cost Reductions Business Improvement TTM 122 BPS ¹ Non-GAAP Op. Margin Global
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Slide 139: Bridge to 2015 Operating Margin
110908_10 Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. Bridge to 2015 Operating Margin 25-35 BPS 15-20 BPS 15-20 BPS 10-15 BPS Leverage IS Cost Reductions Business Improvement TTM 122 BPS ¹ Non-GAAP Op. Margin Global
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Slide 143: Bridge to 2015 Operating Margin
110908_11 Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. Bridge to 2015 Operating Margin 25-35 BPS 15-20 BPS 15-20 BPS 10-15 BPS Leverage IS Cost Reductions Business Improvement TTM 122 BPS ¹ Non-GAAP Op. Margin Global
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Slide 147: Bridge to 2015 Operating Margin
110908_12 Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. Bridge to 2015 Operating Margin 25-35 BPS 15-20 BPS 15-20 BPS 10-15 BPS Leverage IS Cost Reductions Business Improvement TTM 122 BPS ¹ Non-GAAP Op. Margin Global
Slide 148: Flexible Capital Allocation Strategy
110908_13 (1) Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. Flexible Capital Allocation Strategy 2011-2015 Directional Capital Allocation ¹ ($ Millions) $1.1B – $1.3B Projected Cumulative Operating Cash Flow 2006-2010
Slide 149: Net Cash Fluctuates Significantly Intra-Quarter
110908_14 Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. Net Cash Fluctuates Significantly Intra-Quarter Net cash can fluctuate by $500M to $800M+ intra-quarter or up to approx. to working capital days Source: Company
Slide 150: Ample Debt Capacity
110908_15 Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. Ample Debt Capacity $2.7B in Debt Capacity Notes: (1) As of Q3 ‘11; (2) Reflects contractual capacity adjusted for amounts not supported by eligible A/R Faciliti
Slide 151: Disciplined Acquisition Philosophy
110908_16 Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. Disciplined Acquisition Philosophy Strategic - Enhance profitability and shareholder returns - Adjacent market opportunity - Consolidation Enhance capabilities -
Slide 152: Opportunity To Drive Shareholder Value
110908_17 Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. Opportunity To Drive Shareholder Value Source: Company reports Tangible Book Value Stock Price
Slide 153: Proprietary information of Ingram Micro Inc. — Do
Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. 110908_18
Slide 154: The Finishing Touches
Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. 110908_1 The Finishing Touches Greg Spierkel Chief Executive Officer November 15, 2011
Slide 155: The Blueprint for Success = Clear Upside Opportunity
110908_2 Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. = Clear Upside Opportunity = Clear Upside Opportunity The Blueprint for Success
Slide 156: Proprietary information of Ingram Micro Inc. — Do
Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. 110908_3
Slide 157: GAAP to Non-GAAP Reconciliation
Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. 110908_4 GAAP to Non-GAAP Reconciliation
Slide 158: North America Operating Margin
110908_5 Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. North America Operating Margin GAAP to Non-GAAP Reconciliation Reconciliation of GAAP to Non-GAAP Financial Measures Operating Margin: North America ($ in thousan
Slide 159: Worldwide Operating Margin
110908_6 Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. Worldwide Operating Margin GAAP to Non-GAAP Reconciliation
Slide 160: Earning Per Share
110908_7 Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. Earning Per Share GAAP to Non-GAAP Reconciliation
Slide 161: North America: Fertile Ground for Strategic Initiatives
110908_8 2011 Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. Incubate, Test Initiatives Validation of the Strategy; Explore Global Potential Share Lessons Learned, Best Practices Leverage Knowledge, Structure and Exper
Slide 162: Solid Foundation Set For 2015: Financial Targets
Solid Foundation Set For 2015 Financial Targets * * 2008 Non-GAAP op. margin and Non-GAAP EPS were less than $0.00. For reconciliation of GAAP to non-GAAP financial measures, please refer to slides located in the GAAP to non-GAAP Reconciliation section of the handouts or to the Investor Relations se
Slide 163: Proprietary information of Ingram Micro Inc. — Do
Proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission. 110908_10