Finning International Inc. · TSX:FTT
Finning International — CIBC Western Institutional Investor Conference 2025
9 slides from Finning International's conference presentation, Jan 23, 2025
Slide 1: CIBC Western Institutional Investor Conference
CIBCWestern Institutional Investor Conference Greg Palaschuk, EVP and CFO January 23, 2025 See slides 8 and 9 for important information on forward-looking information, currency, and specified financial measures, including non-GAAP financial measures
Slide 2: Finning Overview
Finning Overview Finning is the largest Caterpillar dealer and is diversified by geography, customer base, product, and sector South America YT NU 35 % of Net (2,5) Revenue UK & Ireland NWT Bolivia 13 % of Net (2,5) Revenue BC AB Chile SK Argentina Ireland Technicians ~5,800 As of Sep 30, 2024 Canad
Slide 3: Executing our Strategy – Q3 2024
Executing our Strategy – Q3 2024 Product Support Full Cycle Resilience Sustainable Growth Product Support SG&A Free Cash Used Equipment Power Systems Revenue as a % of Net Revenue (1) Flow (2) Revenue Equipment Backlog 2% 7% 16.8% $346M 24% 44% Consolidated South America Q3 2024 vs Q3 2023 Q3 2024 Q
Slide 4: Improved Earnings Power
Improved Earnings Power Consolidated SG&A Improvement Earnings Growth SG&A as a % of Net Revenue (1) Adjusted Earnings Per Share 21.6% $3.91 $3.74 20.3% $3.25 19.0% 18.7% 18.9% $2.18 17.7% $1.65 $1.65 16.5% 16.4% $1.33 $1.14 2017 2018 2019 2020 2021 2022 2023 LTM Q3 2017 2018 2019 2020 2021 2022 202
Slide 5: South America Update
Finning South America Update Product Support Full Cycle Resilience Sustainable Growth Capturing aftermarket opportunities Executing Antofagasta Master Plan to Winning large scale opportunities while across sectors in South America as the increase efficiency and capacity of service helping mining cus
Slide 6: South America – Building Capacity in Key Growth Regions
Finning South America – Building Capacity in Key Growth Regions Antofagasta Master Plan Update San Juan & Neuquén, Argentina Final Design AutoStore: La Negra, Parts Distribution Center Finning Service Branch – Neuquén, Argentina Finning CRC – San Juan, Argentina In Progress, La Negra Service Shop (1
Slide 7: Canada Update
Finning Canada Update Oil Sands Market Fundamentals Western Canada Economic / Industry Outlook (3) Oil Sands Mined Ore Volume(1) Million Tonnes Lowering interest Stable oil and gas 1,002 >30B Barrels rates industry activity 882 Steady regional real Moderate construction Remaining mining reserves GDP
Slide 8: Disclosures
Disclosures Forward-looking information This presentation includes “forward-looking information” (as defined in applicable Canadian securities legislation) that is based on expectations, estimates and projections that we believe are reasonable as of the date of this presentation, but may ultimately
Slide 9: Disclosures
Disclosures Currency Monetary amounts referred to in this presentation are in Canadian dollars unless noted otherwise. All variances and ratios in this presentation are based on the functional currency of each operation (Canada: CAD, South America: USD, UK & Ireland: GBP). These variances and ratios
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