Astec Industries, Inc. · NASDAQ:ASTE
Astec Industries — Corporate Update (April 2020)
7 slides from Astec Industries's corporate update, Apr 1, 2020
Slide 1: COVID-19 Business Update April 1, 2020
COVID-19 Business Update April 1,2020
Slide 2: Key Messages
Key Messages 2 First priority is the safety of our employees, customers, suppliers, stakeholders and their families 01 Our products are essential for building infrastructure used to move goods to market and facilitate the transportation needs of communities 02 Strong balance sheet, liquidity and new
Slide 3: COVID-19 Preparedness Update
In early March, formed a COVID-19 task force, which continually monitors information from our sites, customers, suppliers, government agencies and other sourcesContinue to manufacture, sell and service our products with appropriate precautionsReinforced good hygiene practices at all facilities inclu
Slide 4: Balance Sheet and Liquidity Update
4 Balance Sheet and Liquidity Update Focused on Maintaining a Strong Balance Sheet ($M) 12/31/19 Cash and Cash Equivalents $ 48.9 Total Current Assets $ 506.3 Total Assets $ 800.5 Total Current Liabilities $ 172.8 Total Debt $ 2.0 Total Liabilities and Equity $ 800.5 SUMMARY BALANCE SHEET ($M) 2/29/
Slide 5: Well Positioned to Manage through Current Dynamics with Our Investment Thesis Intact
5 Well Positioned to Manage through Current Dynamics with Our Investment Thesis Intact Leadership positions within attractive niche markets in industries benefitting from long-term trends including population growth, urbanization and aging infrastructure Industry-leading reputation for innovation, h
Slide 6: Safe Harbor
Safe Harbor 6 The information contained in this presentation and discussion contains “forward-looking statements” (within the meaning of the Private Securities Litigation Reform Act of 1995) regarding the future performance of the Company, including statements about the effects on the Company from (
Slide 7: Contact Information
7 Contact Information STEVE ANDERSONSVP of Administration & Director of Investor RelationsPhone: 423-553-5934Email: sanderson@astecindustries.com