Visteon Corporation · NASDAQ:VC
Visteon — JP Morgan Auto Conference August 2017
19 slides from Visteon's conference presentation, Aug 8, 2017
Slide 1: Visteon JP Morgan Auto Conference August 2017
Visteon JP Morgan Auto Conference August 2017 Sachin Lawande President and CEO Christian Garcia Executive Vice President and CFO Exhibit 99.1
Slide 2: Forward-looking Information
Forward-looking Information This presentation contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various factors, risks and uncertai
Slide 3: Visteon Today and Shareholder Value Creation
Visteon Today and Shareholder Value Creation A global leader in automotive cockpit electronics and software Long-Term Total Shareholder Return (12/31/13 – 07/31/17) Visteon 231% S&P 500 144% Peer Group (1) 131% (1) Peer group includes average returns of Autoliv, Continental, Delphi and Gentex. Manuf
Slide 4: Only Pure-Play in Automotive Cockpit Electronics
Only Pure-Play in Automotive Cockpit Electronics Only auto supplier with exclusive focus on fastest growing segment of auto electronics Source: IHS Markit. * Represents global production volumes from 2016-2021 Revenue Growth (CAGR) : 2015-2022 Visteon vs. Peers – Revenue Growth (CAGR) : 2016-2025 Co
Slide 5: Industry Leading Cockpit Electronics Product Portfolio
Industry Leading Cockpit Electronics Product Portfolio Complete product portfolio and strong market position Instrument clusters Head-Up displays Information displays Infotainment Audio Telematics (1) ABI Research. (2) IHS Markit. #2 Automotive display systems Center stack displays and Instrument cl
Slide 6: The Opportunity for Visteon
ECU consolidation with Domain Controllers Autonomous Driving hardware & software platforms The Opportunity for Visteon Strong share in Display systems; opportunity in Infotainment; leader in new trends Source: IHS and Strategy Analytics. SmartCore™ $10B Market in 2016 $18B by 2021 #2 share in Instru
Slide 7: Digitization of Instrument Clusters
Digitization of Instrument Clusters Visteon leading industry transition toward digital clusters Source: IHS global production forecast March 2017 Instrument Cluster Market Trends Visteon 2017 YTD Instrument Cluster NBWs $1.8B All-digital is fastest-growing segment of clusters All-digital clusters ex
Slide 8: Capitalizing on Trends in Audio/Infotainment
Capitalizing on Trends in Audio/Infotainment Winning in faster-growing Infotainment product segments Source: IHS global production forecast March 2017 Audio/Infotainment Market Trends Visteon 2017 YTD Audio/Infotainment NBWs Display Audio with CarPlay and Android Auto is fastest-growing segment HTML
Slide 9: Growing Customer Engagements with New Offerings
Growing Customer Engagements with New Offerings Momentum growing with all three new technology offerings SmartCoreTM Infotainment Solutions Autonomous Driving Drives ECU consolidation and reduces cost to OEMs First tier 1 to deliver solution launching in early 2018 Four OEM customers adopting this t
Slide 10: Continued Growth in Backlog
Continued Growth in Backlog Business accelerating in faster-growing regions and product segments By Region By Product Nearly 75% of backlog in faster-growing markets Strong growth in backlog over last 12 months Majority of backlog is all-digital products Positions Visteon to drive domain controller
Slide 11: Adjusted EBITDA: Continued Strong Performance
Adjusted EBITDA: Continued Strong Performance Adjusted EBITDA and margins to track higher (Dollars in Millions) 12.5% 11.9% 10.8% 10.4% 7.7% 8.7% 10.0% 10.7% 12.2% Adjusted EBITDA increased Y/Y every quarter for 10 straight quarters… …guiding to long-term margins reaching 14% while investing in new
Slide 12: Share Buyback Program
Current diluted share count: 31.7M Share Buyback Program Q1 Q2 YTD # of Shares (in thousands) Average Price $125 Million* $35 Million $160 Million 1,300 $96.13 359 $97.44 1,659 $96.41 $400M Authorized * $125 share repurchase included final delivery of shares in May
Slide 13: Building the Foundation Through Operational Excellence
Building the Foundation Through Operational Excellence Executing on Our Long-Term Strategies Margin Expansion / Cash Flow Generation Return Enhancement Through Capital Deployment YTD new business wins of $3.1 billion, leading to backlog of $17.3 billion Visteon at the leading edge of digital transfo
Slide 14: Appendix
Appendix JP Morgan Auto Conference
Slide 15: Use of Non-GAAP Financial Information
Use of Non-GAAP Financial Information Because not all companies use identical calculations, adjusted EBITDA, free cash flow and adjusted free cash flow used throughout this presentation may not be comparable to other similarly titled measures of other companies. In order to provide the forward-looki
Slide 16: Full-Year 2017 Guidance (Electronics Product Group)
Full-Year 2017 Guidance (Electronics Product Group) FY 2016 Actual FY 2017 Guidance Sales $3.107B $3.1 - 3.2B Adjusted EBITDA $346M 11.1% $355 - 370M ~11.5% Adjusted free cash flow $167M $165 - 180M
Slide 17: 2017 Guidance Reconciliation
2017 Guidance Reconciliation Adjusted EBITDA (Electronics Product Group)
Slide 18: 2017 Guidance Reconciliation (cont'd)
2017 Guidance Reconciliation (cont’d) Free Cash Flow and Adjusted Free Cash Flow (Electronics Product Group) (1) (1) Excludes $81 million of legacy-related cash outflows. (1)
Slide 19: Visteon’
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