Dana Incorporated · NYSE:DAN
Dana — Gabelli Funds Automotive Symposium 2020
10 slides from Dana's conference presentation, Nov 2, 2020
Slide 1: Gabelli Funds Automotive Symposium
Gabelli Funds Automotive Symposium November 2, 2020 James Kamsickas Chairman and Chief Executive Officer Jonathan Collins Executive Vice President and Chief Financial Officer Exhibit 99.1
Slide 2: Safe Harbor Statement
Certain statements and projections contained in this presentation are, by their nature, forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on our current expectations, estimates and projections about our industry and
Slide 3: Business Overview
Business Overview Technologies Drive Axles, e-Axles, e-Drives, propshafts / driveshafts, conventional and hybrid transmissions, wheel and track drives, high-precision gears Motion Winches, slew drives, gearboxes, hydraulics, valves, custom gear and drives, controls and software, hub drives Sealing C
Slide 4: Dana Sustainability Goal
Dana Sustainability Goal: Energy Efficiency Renewable Energy Waste Elimination Water Conservation Dana to reduce total annual GHG emissions by >50% by 2035 Reduction of 300,000+ metric tons of GHG, annually
Slide 5: Light Vehicle Thermal Acquisition
Light Vehicle Thermal Acquisition Light Vehicle Thermal Business* *Acquired liquid cooling portion of Modine's Automotive segment 8 Global Manufacturing Locations AMERICAS ~20% ICE Thermal HEV BEV EUROPE ~60% ASIA-PACIFIC ~20%
Slide 6: Transaction Summary
Transaction Summary Timing / Approvals Structure / Financials Signed definitive agreement to acquire a portion of Modine’s Automotive segment Purchase price of 1 dollar Assumption of certain financial liabilities ~$2 million financial debt ~$15 million unfunded pension liability Subject to customary
Slide 7: Acquisition Benefits
Acquisition Benefits Increases PT scale by ~30% Balances portfolio by increasing thermal product content Complementary manufacturing processes and supply chain Enhances Power Technologies >70% of product offering has HEV and BEV applications Expands and enhances EV product offering Significant marke
Slide 8: End-Market Outlook
End-Market Outlook Light-truck demand expected to remain strong for our key platforms New product launches for Ford Bronco Sport and Bronco will drive growth Class 8 and medium-duty demand expected to strengthen New business from EV programs beginning middle of next year Expect continued improvement
Slide 9: Pecpe Finding ff Otter War?
Pecpe Finding ff Otter War?
Slide 10: Adjusted EBITDA non-GAAP definition
Adjusted EBITDA is a non-GAAP financial measure which we have defined as net income before interest, income taxes, depreciation, amortization, equity grant expense, restructuring expense, non-service cost components of pension and other postretirement benefit costs and other adjustments not related