Kimball Electronics, Inc. · NASDAQ:KE
Kimball Electronics — 2024 Annual Gateway Conference
17 slides from Kimball Electronics's conference presentation, September 2024
Slide 1: Company Overview
Company Overview September 2024
Slide 2: Safe Harbor Statement
Safe Harbor Statement Certain statements contained within this release are considered forward-looking, including our fiscal year 2025 guidance, under the Private Securities Litigation Reform Act of 1995. The statements may be identified by the use of words such as “expect,” “should,” “goal,” “predic
Slide 3: Kimball Electronics (Nasdaq: KE)
Kimball Electronics (Nasdaq: KE) Global, multifaceted solutions provider of Electronics Manufacturing Services (EMS) recognized for excellence and leadership in highly regulated and complex industries Diversified portfolio of products that offer long runways of growth supported by secular tailwinds
Slide 4: Providing end-to-end solutions and support
Providing end-to-end solutions and support Kimball Electronics | 4
Slide 5: A rich history of growth and global expansion
A rich history of growth and global expansion KimballElectronics Kimball Electronics| |55
Slide 6: Our global footprint with an "in-region" focus
Our global footprint with an “in-region” focus Kimball Electronics | 6
Slide 7: Guide to long-term success
Guide to long-term success Kimball Electronics | 7
Slide 8: Fiscal year 2024 highlights
Fiscal year 2024 highlights Kimball Electronics | 8
Slide 9: Diversified portfolio focused on 3 end markets
Diversified portfolio focused on 3 end markets REVENUE $826 $426 $462 Fiscal 2024 ($ in millions) % of TOTAL Fiscal 2024 MMI RANKING 6th 7th 22nd Kimball Electronics | 9
Slide 10: Automotive fueled by vehicle "electrification"
Automotive fueled by vehicle “electrification” • Heavily concentrated on chassis control applications (steering, braking, suspension ECUs) • Electronic braking is relatively new growth opportunity, started manufacturing these systems in Reynosa a few years ago • In late Q4, the program experienced s
Slide 11: Medical supporting the continuum of care
Medical supporting the continuum of care PATIENT MONITORING SLEEP THERAPY Favorable demographics and advances in technology 1 • Aging population • Connected care 2 • Affordability & access • Decreasing device size to care • Connected drug delivery Products supporting prevention, early diagnostics, c
Slide 12: Growth opportunities in Medical
Growth opportunities in Medical • Focus on Higher Level Assemblies (HLAs) and Finished Medical Devices • Recently awarded transfer of work • Sole supplier on respiratory care final assembly and HLA business for largest medical customer • Expect transfer to commence in calendar 2025 • Production impa
Slide 13: Industrial promoting clean energy and innovation
Industrial promoting clean energy and innovation • Longer-term, return to growth from market rebound for climate control products CLIMATE CONTROL • Diversification into other sub-verticals within AND SMART ENERGY the industrial space MANAGEMENT 1 • Increased demand for factory automation and green e
Slide 14: Fiscal 2025 – "controlling what we can control"
Fiscal 2025 – “controlling what we can control” • Short-term – cost structure, margin levels, working capital management, and capital expenditures • Over longer period of time – extending beyond these measures and focused on growing the top line • Recent pressure on demand trends has been more signi
Slide 15: Guidance for fiscal year 2025
Guidance for fiscal year 2025 • Net sales in the range of $1.440 - $1.540 billion • 8% - 14% decrease compared to fiscal 2024, excluding AT&M • Adjusted operating income of 4.0% - 4.5% of net sales • Beginning in fiscal 2025, we will conform with the industry practice of excluding stock compensation
Slide 16: Profitability
THESE PROGRAMS PROGRESS Investing in growth at a slow and steady pace, allowing for long-term sustainable growth gained through sourcing efficiencies and process improvements. PROGRAM LIFECYCLES Initial investments volume ramp and utilization improves Efficiencies from sourcing and process Profitabi
Slide 17: For more information, please contact
For more information, please contact: Andy Regrut Treasurer and Investor Relations Officer 812.827.4151 andy.regrut@kimballelectronics.com Kimball Electronics | 17