Littelfuse, Inc. · NASDAQ:LFUS

Littelfuse — Oppenheimer 14th Annual Industrial Growth Conference 2019

17 slides from Littelfuse's conference presentation, May 7, 2019

  1. Slide 1: Oppenheimer 14th Annual Industrial Growth Conference

    Oppenheimer 14th Annual Industrial Growth Conference May 7, 2019 1

  2. Slide 2: Forward Looking Statements

    Forward Looking Statements Important Information About Littelfuse, Inc. This presentation does not constitute or form part of, and should not be construed as, an offer or solicitation to purchase or sell securities of Littelfuse, Inc. and no investment decision should be made based upon the informat

  3. Slide 3: Littelfuse At-a-Glance

    Littelfuse At-a-Glance 2018 Sales: Best in class Op Global Margins and $1.72 billion Cash Generation manufacturer of leading technologies in 12,000 Over 100,000 circuit protection, innovative end customers employees power control and sensing Expanding across Successful technologies High Growth Acqui

  4. Slide 4: Broad Product Portfolio Provides Balanced End Market Exposure

    Broad Product Portfolio Provides Balanced End Market Exposure FY 2018 Revenue by Product Global Trends Driving Content Opportunities on a reported basis Safety • Increased comfort, convenience & assist functions in Electronics vehicles Automotive • Connected, safer, autonomous vehicles Industrial •

  5. Slide 5: 2017 – 2021 Strategy

    2017 – 2021 Strategy Five Year Mission Drive double-digit growth by accelerating organic growth and investing in strategic acquisitions Targets 2017-2021 Grow Accelerate Accelerated Revenue Targets Circuit Power Safety Connectivity Protection Control organic growth Organic 5-7% complemented with str

  6. Slide 6: Driving Double Digit Revenue Growth Through Dual Organic and Strategic Acquisition Strategy

    Driving Double Digit Revenue Growth Through Dual Organic and Strategic Acquisition Strategy Disciplined investments align with strategic criteria and core competencies Confidential and Proprietary | Littelfuse, Inc. © 2019 6

  7. Slide 7: Electronics Product Segment Overview

    Electronics Product Segment Overview Market Information: $1,124M 2018 Revenue  ~ $4.0 Billion market* Passive Products  Growing number of applications Semiconductor Products requiring circuit protection Sensor Products  Market need for innovative power Long term organic revenue control products g

  8. Slide 8: Automotive Product Segment Overview

    Automotive Product Segment Overview Market Information: $480M 2018 Revenue  ~ $2.5 Billion market* Passenger Car Fuse Products  Content increase drives Automotive Sensor Products growth in excess of vehicle builds Commercial Vehicle Products  OEMs value supply chain on Long term organic revenue a

  9. Slide 9: Industrial Product Segment Overview

    Industrial Product Segment Overview Market Information: $114M 2018 Revenue  ~ $1.5 Billion market* Fuse Products  Positioned to outpace Protection Relays & industry growth across end Custom Products markets served Long term organic revenue  Expanding outside of North growth rate: 2 - 4% America D

  10. Slide 10: Strong Track Record of Revenue Growth Drives Strong Earnings and Cash Generation

    Strong Track Record of Revenue Growth Drives Strong Earnings and Cash Generation Sales Cash Flow from Adjusted EPS* Operations $1,718 $9.44 $332 $ in millions $ in millions $ per share $1,056 $6.26 $180 2016 2018 2016 2018 2016 2018 *See appendix for GAAP to non-GAAP reconciliation Confidential and

  11. Slide 11: What We Expect to Deliver: Meeting or Exceeding all Financial Metrics

    What We Expect to Deliver: Meeting or Exceeding all Financial Metrics Double Digit Sales Double Digit EPS Free Cash Flow Growth Growth Approximates Net Income  5% - 7% organic  17% - 19%  Strong track revenue CAGR operating margins record of free cash flow  5% - 7% CAGR generation from strategic

  12. Slide 12: Capital Deployment: Balancing Reinvestment while Delivering Value to Shareholders

    Capital Deployment: Balancing Reinvestment while Delivering Value to Shareholders 2017 – 2018 Target Free Cash* Cash Priorities Free Cash* Deployment Deployment Disciplined Reinvestment to Share Repurchase 13% Drive Organic Growth Share Repurchase 20% Dividends Target Debt / EBITDA Leverage Dividend

  13. Slide 13: Compelling Investment Proposition: A Proven Source of Growth and Value Creation

    Compelling Investment Proposition: A Proven Source of Growth and Value Creation Organic growth Growth through acquisitions  Deliver innovative, high-quality solutions  Target strategic acquisitions that align for a safer, greener and increasingly with financial metrics connected world  Robust acq

  14. Slide 14: Confidential and Proprietary | Littelfuse, Inc. © 2019

    Confidential and Proprietary | Littelfuse, Inc. © 2019 14

  15. Slide 15: Appendix

    pap anes Appendix PROTECT CONTROL SENSE Wil e |

  16. Slide 16: End Market Composition

    End Market Composition End Markets Served Transportation Passenger vehicle, x-EV & related infrastructure, Heavy truck, Material handling, Agriculture Industrial Alternative energy, Oil & Gas, Mining, LED lighting, Motor drives, Power conversion Electronics Transportation Industrial Electronics Tele

  17. Slide 17: Appendix – 2016 to 2018 Non-GAAP measures

    Appendix – 2016 to 2018 Non-GAAP measures ($ in millions, except per share data) 2016 2018 As Reported (GAAP) Revenue $ 1,056.2 $ 1,718.5 Operating Income 130.6 225.0 Operating Margin 12.4% 13.1% Diluted EPS $4.60 $6.52 Special Items Reed switch manufacturing transfer costs $ 1.6 $ - Restructuring,

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