Tat Technologies Ltd. · NASDAQ:TATT
Tat Technologies — Investor Presentation (November 2021)
22 slides from Tat Technologies's investor presentation, November 2021
Slide 1: Form 6-K Report of Foreign Private Issuer
SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 F O R M 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of November 2021 TAT TECHNOLOGIES LTD. (Name of Registrant) P.O.BOX 80, Gedera 70750 Israel (Address of Pri
Slide 2: Explanatory Note and Forward Looking Statements
TAT Technologies Ltd. Explanatory Note TAT Technologies Ltd. (the "Company") hereby furnishes its investors presentation, which is attached to this Form 6-K as Exhibit 99.1 Information regarding to Forward Looking Statements This report contains forward-looking statements that involve substantial ri
Slide 3: Signature
SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereto duly authorized. TAT TECHNOLOGIES LTD. (Registrant) By: /s/ Ehud Ben-Yair Ehud Ben-Yair Chief Financial Officer Date: Novem
Slide 4: Investors Presentation November 2021
Exhibit 99.1 Passionate and Dedicated to your Needs \\ \ Pag Seah > =e Investors Presentation =~ November 2021 TAT | py Technologies
Slide 5: Looking Forward Statements
Looking Forward Statements This presentation may contain certain forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Generally, the words “expects,” “anticipates,” “targets,” “goals,” “projects,” “intends,” “plans,” “
Slide 6: TAT — Key Facts
TAT — Key Facts Partner with the tier 1 aircraft manufacturing, 7 Decades within > 500 customers. 9 months revenues of the A&D Industry LTA worth $220M $58M, EBITDA of $3M airlines and defense integrators. strategic partnership with Honeywell 450 Employees TAT Technologies
Slide 7: Global Presence
Global Presence Tulsa, Oklahoma Greensboro, North Carolina Kiryat Gat, Israel OEM & MRO MRO MRO Novosibirsk, Russia MRO Thermal Management Solutions Power & Actuation Solutions Power & Actuation Solutions Thermal Management Solutions Schengen China — MRO Gedera, Israel in partnership with Lufthansa
Slide 8: Business Breakdown
Business Breakdown Geographical Distribution Other 9g OEM Vs. MRO oe Commercial Vs. Defense Israel 9% Defense 30% 1 MRO 70% Commercial 70% = RICA TAT=> (rar Cap rwd Technologies
Slide 9: Top Management
Top Management Mr. Ehud Ben Yair Mr. Amos Malka Mr. Igal Zamir CFO In position, since May 2018 President & CEO In position, since April 2016 ° ° Chairman of the Board In position, since June 2016 v v °o Prior experience: » 2016-2017 - CFO at SHL Telemedicine (SHLTN) » 2013-2016 —CFO & Vice CEO at Op
Slide 10: We Keep Our Customers Flying
We Keep Our Customers Flying More than 300 Customers Gif @ -~ : alia = Working with More than F i 50 major Airlines A | <7 — 4 a | egal ~ — © eat ote ant cae rs 5 largest customers, present 27% revenue Y Hamilton Sendstrand w Darker BOMBARDIER “=PILATUS= Honeywell
Slide 11: Thermal Management
Thermal Management y “ee Design, manufacture (OEM) and MRO services for Thermal Management solutions Heat Exchangers Cold Plates Electronic devices cooling TAT= _ Technologies ECU
Slide 12: Thermal Management Solutions
Thermal Management Solutions Hydraulic System: Fuel Submerged Oil Coolers Environmental Control Reheaters Fuel-cooled Oil Coolers APU: Air-cooled Oil Coolers Conformal Air-cooled Oil Coolers TAT> Galley: Air Chillers Fuel Inerting System: Air-cooled Air Coolers Power Electronics: Cold Plates (PAO) L
Slide 13: Strategic change in the OEM market
Strategic change in the OEM market TAT is the world’s largest independent HX manufacturer and MRO. * Commercial Aircraft manufacturers decided to decrease the dependency in system manufacturers and move their production capabilities to the components level, in order to reduce their cost. * The fact
Slide 14: Thermal Management Offering
Thermal Management Offering Short Turn Around Global Market Leader & Technology Leadership & Cost Effective & Time Local Presence at Key Innovation Competitive Offering Markets Technologies Deep Market Expertise Strategic Partnership 5 Decades of Experience, enicay == s : apres 7) TA | — Combined wi
Slide 15: Power and Actuation
Power and Actuation a Design, manufacturing and MRO services for Power and Actuation solutions Landing Gear Fuel System Accessories TAT Technologies ECS Accessories
Slide 16: Power & Actuation Offering
Power & Actuation Offering © @ Highly Experienced Team of Working with More than Reputable Incomparable Turn- Professionals 24/7 150 Platforms- strategic Customer Base Around-Time partnership with Honeywell’s APU line — Aeitay Cap rwd
Slide 17: Honeywell strategic deals during 2020-21
Honeywell strategic deals during 2020-21 TAT Piedmont is licensed to serve most of Honeywell’s APUs and will gain full capabilities during 2022 10 years contract to MRO APU Purchased 18 Engines, signed 10 years Signing 10 years MRO serving B757/767, C17. contract as Honeywell exclusive engine contra
Slide 18: Organizational changes and improved cost structure
Organizational changes and improved cost structure Reducing the number of fully Started Q1\ 2021 and Estimates cost Saving of owned sites from 4 to 3- expected to be completed $1.5-2M annually reducing managerial by Q2\22 complexity Getting closer to our Creating a center of excellence in The projec
Slide 19: Future technological initiatives- growth potential
Future technological initiatives- growth potential (4) Developing capabilities of 3D printing and conformal Heat Exchangers, respondingto the market needs Sol Aiming to partner with electrical Developing additional MRO aircraft manufacturers capabilities in the areas of HX, APU, Blades and MPG = EON
Slide 20: Consolidated Financial Results
Consolidated Financial Results Revenues in $M Adjusted EBITDA in $M i | 2018 2019 2020 Q1-3/2021 During COVID the company suffered from decline in revenues mainly 2018 2019 2020 Q1-3/2021 from commercial MRO while Defense and Cargo remained stable. Many parameters indicates that commercial aviation
Slide 21: Balance Sheet
Balance Sheet As of Sep 30, 2021 TAT present strong balance sheet with: df 69% Working capital Share holder’s equity Equity to balance ratio TAT=— Tar Technologies 4,
Slide 22: Thank You
TAT Technologies — Investor Presentation (November 2021) on 6ix