Te Connectivity Plc · NYSE:TEL
Te Connectivity — Q4 2020 Earnings Presentation
31 slides from Te Connectivity's earnings presentation, Oct 28, 2020
Slide 1: Fourth Quarter 2020 Earnings
EVERY CONNECTION COUNTS TE Connectivity Fourth Quarter 2020 Earnings October 28, 2020
Slide 2: Forward-Looking Statements
© 2020 TE Connectivity. Confidential & Proprietary. Do not reproduce or distribute externally including non-authorized representatives and distributors. Create a sustainable future by limiting print copies, and recycling paper. Forward-Looking Statements This presentation contains certain "forward-l
Slide 3: Earnings Highlights
© 2020 TE Connectivity. Confidential & Proprietary. Do not reproduce or distribute externally including non-authorized representatives and distributors. Create a sustainable future by limiting print copies, and recycling paper. Earnings Highlights Q4 Sales of $3.26B, better than expectations; Adjust
Slide 4: Segment Orders Summary
© 2020 TE Connectivity. Confidential & Proprietary. Do not reproduce or distribute externally including non-authorized representatives and distributors. Create a sustainable future by limiting print copies, and recycling paper. Reported FY19 FY20 FY20 Q4 Growth Q4 Q3 Q4 Y/Y Q/Q Transportation 1,899
Slide 5: Transportation Solutions
© 2020 TE Connectivity. Confidential & Proprietary. Do not reproduce or distribute externally including non-authorized representatives and distributors. Create a sustainable future by limiting print copies, and recycling paper. Transportation Solutions $1,896 $1,865 Q4 2019 Q4 2020 • Automotive sale
Slide 6: Industrial Solutions
© 2020 TE Connectivity. Confidential & Proprietary. Do not reproduce or distribute externally including non-authorized representatives and distributors. Create a sustainable future by limiting print copies, and recycling paper. Industrial Solutions $1,014 $959 Q4 2019 Q4 2020 Y/Y Growth Rates Report
Slide 7: Communications Solutions
© 2020 TE Connectivity. Confidential & Proprietary. Do not reproduce or distribute externally including non-authorized representatives and distributors. Create a sustainable future by limiting print copies, and recycling paper. $390 $437 Q4 2019 Q4 2020 Reported Up 12% Organic Up 11% Y/Y Growth Rate
Slide 8: Q4 Financial Summary
© 2020 TE Connectivity. Confidential & Proprietary. Do not reproduce or distribute externally including non-authorized representatives and distributors. Create a sustainable future by limiting print copies, and recycling paper. Q4 Financial Summary ($ in Millions, except per share amounts) Q4 FY19 Q
Slide 9: Q4 Financial Performance
© 2020 TE Connectivity. Confidential & Proprietary. Do not reproduce or distribute externally including non-authorized representatives and distributors. Create a sustainable future by limiting print copies, and recycling paper. Q4 Financial Performance $3,300 $2,548 $3,261 Q4 2019 Q3 2020 Q4 2020 $1
Slide 10: Expectations Going Forward
© 2020 TE Connectivity. Confidential & Proprietary. Do not reproduce or distribute externally including non-authorized representatives and distributors. Create a sustainable future by limiting print copies, and recycling paper. Expectations Going Forward • Global auto production in Q1 of 20M – 21M v
Slide 11: Additional Information
EVERY CONNECTION COUNTS Additional Information
Slide 12: Y/Y Q4 2020
© 2020 TE Connectivity. Confidential & Proprietary. Do not reproduce or distribute externally including non-authorized representatives and distributors. Create a sustainable future by limiting print copies, and recycling paper. Y/Y Q4 2020 Adjusted EPS is a non-GAAP financial measure; See Appendix f
Slide 13: Y/Y FY 2020
© 2020 TE Connectivity. Confidential & Proprietary. Do not reproduce or distribute externally including non-authorized representatives and distributors. Create a sustainable future by limiting print copies, and recycling paper. Y/Y FY 2020 Adjusted EPS is a non-GAAP financial measure; See Appendix f
Slide 14: Y/Y Q1 2021
© 2020 TE Connectivity. Confidential & Proprietary. Do not reproduce or distribute externally including non-authorized representatives and distributors. Create a sustainable future by limiting print copies, and recycling paper. Y/Y Q1 2021 Adjusted EPS is a non-GAAP financial measure; See Appendix f
Slide 15: Free Cash Flow and Working Capital; Liquidity, Cash & Debt
© 2020 TE Connectivity. Confidential & Proprietary. Do not reproduce or distribute externally including non-authorized representatives and distributors. Create a sustainable future by limiting print copies, and recycling paper. ($ in Millions) Q4 2019 Q4 2020 Beginning Cash Balance $546 $474 Free Ca
Slide 16: Appendix
EVERY CONNECTION COUNTS Appendix
Slide 17: Non-GAAP Financial Measures
© 2020 TE Connectivity. Confidential & Proprietary. Do not reproduce or distribute externally including non-authorized representatives and distributors. Create a sustainable future by limiting print copies, and recycling paper. 17 Non-GAAP Financial Measures We present non-GAAP performance and liqui
Slide 18: Non-GAAP Measure Descriptions
© 2020 TE Connectivity. Confidential & Proprietary. Do not reproduce or distribute externally including non-authorized representatives and distributors. Create a sustainable future by limiting print copies, and recycling paper. 18 • Adjusted EBITDA and Adjusted EBITDA Margin - represent net income (
Slide 19: Segment Summary
© 2020 TE Connectivity. Confidential & Proprietary. Do not reproduce or distribute externally including non-authorized representatives and distributors. Create a sustainable future by limiting print copies, and recycling paper. Segment Summary 19 Transportation Solutions $ 1,865 $ 1,896 $ 6,845 $ 7,
Slide 20: Reconciliation of Net Sales Growth
© 2020 TE Connectivity. Confidential & Proprietary. Do not reproduce or distribute externally including non-authorized representatives and distributors. Create a sustainable future by limiting print copies, and recycling paper. Reconciliation of Net Sales Growth 20 Transportation Solutions (3): Auto
Slide 21: Reconciliation for the Quarter Ended September 25, 2020
© 2020 TE Connectivity. Confidential & Proprietary. Do not reproduce or distribute externally including non-authorized representatives and distributors. Create a sustainable future by limiting print copies, and recycling paper. Reconciliation of Non-GAAP Financial Measures to GAAP Financial Measures
Slide 22: Reconciliation for the Quarter Ended September 27, 2019
© 2020 TE Connectivity. Confidential & Proprietary. Do not reproduce or distribute externally including non-authorized representatives and distributors. Create a sustainable future by limiting print copies, and recycling paper. Reconciliation of Non-GAAP Financial Measures to GAAP Financial Measures
Slide 23: Reconciliation for the Quarter Ended June 26, 2020
© 2020 TE Connectivity. Confidential & Proprietary. Do not reproduce or distribute externally including non-authorized representatives and distributors. Create a sustainable future by limiting print copies, and recycling paper. Reconciliation of Non-GAAP Financial Measures to GAAP Financial Measures
Slide 24: Reconciliation for the Year Ended September 25, 2020
© 2020 TE Connectivity. Confidential & Proprietary. Do not reproduce or distribute externally including non-authorized representatives and distributors. Create a sustainable future by limiting print copies, and recycling paper. Reconciliation of Non-GAAP Financial Measures to GAAP Financial Measures
Slide 25: Reconciliation for the Year Ended September 27, 2019
© 2020 TE Connectivity. Confidential & Proprietary. Do not reproduce or distribute externally including non-authorized representatives and distributors. Create a sustainable future by limiting print copies, and recycling paper. Acquisition- Related Charges Restructuring and Other and Other Tax Adjus
Slide 26: Reconciliation for the Quarter Ended December 27, 2019
© 2020 TE Connectivity. Confidential & Proprietary. Do not reproduce or distribute externally including non-authorized representatives and distributors. Create a sustainable future by limiting print copies, and recycling paper. Reconciliation of Non-GAAP Financial Measures to GAAP Financial Measures
Slide 27: Reconciliation of Free Cash Flow
© 2020 TE Connectivity. Confidential & Proprietary. Do not reproduce or distribute externally including non-authorized representatives and distributors. Create a sustainable future by limiting print copies, and recycling paper. Reconciliation of Free Cash Flow 27 Net cash provided by operating activ
Slide 28: Free Cash Flow Conversion
© 2020 TE Connectivity. Confidential & Proprietary. Do not reproduce or distribute externally including non-authorized representatives and distributors. Create a sustainable future by limiting print copies, and recycling paper. Free Cash Flow Conversion 28 Free cash flow (1) $ 1,482 Adjusted income
Slide 29: Reconciliation of Adjusted EBITDA and Adjusted EBITDA Margin
© 2020 TE Connectivity. Confidential & Proprietary. Do not reproduce or distribute externally including non-authorized representatives and distributors. Create a sustainable future by limiting print copies, and recycling paper. Reconciliation of Adjusted EBITDA and Adjusted EBITDA Margin 29 Net inco
Slide 30: Adjusted Return on Invested Capital (ROIC)
© 2020 TE Connectivity. Confidential & Proprietary. Do not reproduce or distribute externally including non-authorized representatives and distributors. Create a sustainable future by limiting print copies, and recycling paper. Adjusted Return on Invested Capital (ROIC) 30 Operating income (loss) $
Slide 31: Reconciliation of Forward-Looking Non-GAAP Financial Measures
© 2020 TE Connectivity. Confidential & Proprietary. Do not reproduce or distribute externally including non-authorized representatives and distributors. Create a sustainable future by limiting print copies, and recycling paper. Reconciliation of Forward-Looking Non-GAAP Financial Measures to Forward