Nwpx Infrastructure, Inc. · NASDAQ:NWPX
Nwpx Infrastructure — Northwest Pipe — Shareholder Meeting (June 2016)
17 slides from Nwpx Infrastructure's shareholder meeting presentation, Jun 2, 2016
Slide 1: Northwest Pipe Company 2016 Annual Shareholder Meeting
Northwest Pipe Company 2016 Annual Shareholder Meeting June 2, 2016
Slide 2: Forward Looking Statements
Forward Looking Statements Certain statements in this presentation, other than purely historical information, are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange
Slide 3: Water infrastructure is strained and needs significant investment
+ American Society of Civil Engineers calls the water infrastructure “the most fundamental to life” + Water and wastewater delivery systems are currently strained * Significant portions of many municipal water systems are 40 to 50 years old, and are nearing the end of their useful lives * Current st
Slide 4: Northwest Pipe Strategic Vision
_ zz ae Northwest Pipe Strategic Vision Northwest Pipe Company is the leader in innovative, high-quality, cost-effective water transmission solutions that span the life of a pipe. (Q) Northwest Pipe Company page 4
Slide 5: How we fit in the water picture
How we fit in the water picture * The largest manufacturer of engineered steel pipe for the water infrastructure market — Specializing in large diameter, high pressure, engineered steel water pipe systems for transporting raw water to treatment plants and for treatment plant infrastructure — 45% mar
Slide 6: Well Positioned Industry Leader
* Well Positioned Industry Leader — Largest, most flexible capacity in the market — Increased product offering with the acquisition of Permalok — Low freight costs — Strong relationships with agencies, engineers and contractors — Improving operational efficiency (Q) Northwest Pipe Company page 6
Slide 7: Northwest Pipe Company Locations
Northwest Pipe Company Locations
Slide 8: US Water & Waste Water
US Water & Waste Wate Water supply construction starts, including water lines, tanks and treatment plants: P aoe | zis | 216 | 2017 | 018 | 2019 | 2020 | $10,630B $10,400B $10,700B $11,700B $13,600B $15,000B $14,700B Source: Dodge Data & Analtics ~ 1* Quarter 2016 Water infrastructure pipe tons prod
Slide 9: Water Transmission Upcoming Bidding Activity
Water Transmission Upcoming Bidding Activity — Texas + Three segments of the Tarrant Regional Water District / City of Dallas Integrated Pipeline Project + Luce Bayou Interbasin Transfer Project + Lower Bois d'Arc Creek Reservoir — California + Fresno surface water pipeline projects * Cadiz Valley W
Slide 10: Points of Focus
( ’ Points of Focus * Refine market share to maximize long-term profitability * Monetize stranded assets in order to add to financial flexibility * Focus on continued cost reduction (Q) Northwest Pipe Company page 10
Slide 11: Appendix
Appendix (Q) Northwest Pipe Company pets
Slide 12: A Typical Water System: From Source to Tap and Back
‘Atypical Water System: From Source to Tap and Back (Q) Northwest Pipe Company
Slide 13: (Q) Northwest Pipe Company
(Q) Northwest Pipe Company
Slide 14: Income Statement Summary
Net Sales Water Transmission Income oo Statement Beam S Gross Profit (Loss) ummary [im Impairment of Goodwill Operating Income (Loss) Other Expense (Income) Interest Income Interest Expense Income/(Loss) Before Taxes Provision/(Benefit) for Income Taxes Net Income/(Loss) Diluted Eamings (Loss) per S
Slide 15: Free Cash Flow and Average Debt Balance
Free Cash — Flow Fe com Fe She and Average Debt Balance ‘Average line of credit and term note debt s 36.0 (142) 208 2.18 51,368.7 ($ in millions) FY 2014 [I FY 2015 55.2 (8.5) 467 4.88 13,465.65 8 12 (0.7) 05 0.05 The Company believes Free Cash Flow is useful because it provides information regardin
Slide 16: Balance Sheet Summary
Balance Sheet Summary Cash Trade and Receivables, net Costs and Estimated Earnings in Excess of Billings Inventories Other Current Assets Total Current Assets Property and Equipment, Net Other Assets Total Assets Current Debt Accounts Payable Accrued Liabilities Billings in Excess of Cost and Estima
Slide 17: Northwest Pipe Company 2016 Annual Shareholder Meeting
Northwest Pipe Company 2016 Annual Shareholder Meeting June 2, 2016