Standard Motor Products, Inc. · NYSE:SMP

Standard Motor Products — Q1 2022 Earnings Presentation

9 slides from Standard Motor Products's earnings presentation, May 3, 2022

  1. Slide 1: Standard Motor Products, Inc. 1st Quarter 2022 Earnings Call

    Standard Motor Products, Inc. 1st Quarter 2022 Earnings Call | May 3, 2022 1

  2. Slide 2: Safe Harbor – Forward Looking Statements

    Safe Harbor – Forward Looking Statements You should be aware that except for historical information, the matters discussed herein are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward looking statements, including projections and anticipat

  3. Slide 3: Agenda

    Agenda v Welcome & Introduction Tony Cristello, VP Investor Relations v Overview & Performance Eric Sills, CEO v Operations & Supply Chain Update Jim Burke, COO v Financial Results & Balance Sheet Nathan Iles, CFO v Board of Director Changes Larry Sills, Chairman v Sustainability Reporting & Wrap-up

  4. Slide 4: Q1 2022 P&L Summary

    Q1 2022 P&L Summary(1) (In millions, except per share amounts) THREE MONTHS ENDED MARCH 31, 2022 2021 Engine Management Revenue $ 239.3 $ 212.0 Gross Margin 65.5 27.4% 65.1 30.7% Selling, General & Administrative 38.7 16.2% 34.0 16.0% Operating Income $ 26.8 11.2% $ 31.1 14.7% Temperature Control Re

  5. Slide 5: Balance Sheet & Cash Flow Highlights

    Balance Sheet & Cash Flow Highlights (In millions) MARCH 31, DECEMBER 31, Working Capital Stats 2022 2021 Accounts Receivable, Net $ 225.3 $ 180.6 Inventories $ 534.4 $ 468.8 MARCH 31, Cash Flow Stats (YTD) 2022 2021 Operating cash flows $ (104.0) $ (11.4) Capex $ (6.4) $ (5.0) M&A $ - $ (2.1) Divid

  6. Slide 6: Q&A Session

    Standard Motor Products, Inc. SiviP Standard Motor Products, Inc. Q&A Session

  7. Slide 7: Appendix

    Standard Motor Products, Inc. Appendix

  8. Slide 8: Reconciliation of GAAP and Non-GAAP Measures

    Reconciliation of GAAP and Non-GAAP Measures (In thousands, except per share amounts) THREE MONTHS ENDED MARCH 31, 2022 2021 (Unaudited) EARNINGS FROM CONTINUING OPERATIONS ATTRIBUTABLE TO SMP GAAP EARNINGS FROM CONTINUING OPERATIONS $ 20,562 $ 22,164 RESTRUCTURING AND INTEGRATION EXPENSES 41 - INCO

  9. Slide 9: Reconciliation of GAAP and Non-GAAP Measures

    Reconciliation of GAAP and Non-GAAP Measures (In thousands, except per share amounts) THREE MONTHS ENDED MARCH 31, 2022 2021 (Unaudited) OPERATING INCOME GAAP OPERATING INCOME $ 26,915 $ 29,324 RESTRUCTURING AND INTEGRATION EXPENSES 41 - LAST TWELVE MONTHS ENDED MARCH 31, NON-GAAP OPERATING INCOME $

Standard Motor Products — Q1 2022 Earnings Presentation on 6ix