C.h. Robinson Worldwide, Inc. · NASDAQ:CHRW
C.h. Robinson Worldwide — Q2 2015 Earnings Presentation
16 slides from C.h. Robinson Worldwide's earnings presentation, Jul 28, 2015
Slide 1: Earnings Conference Call – Second Quarter 2015
Exhibit 99.2 Earnings Conference Call – Second Quarter 2015 July 29, 2015 John Wiehoff, Chairman & CEO Andrew Clarke, CFO Tim Gagnon, Director, Investor Relations
Slide 2: Safe Harbor Statement
Safe Harbor Statement Except for the historical information contained herein, the matters set forth in this presentation and the accompanying earnings release are forward-looking statements that represent our expectations, beliefs, intentions or strategies concerning future events. These forward-loo
Slide 3: Results Q2 2015
Results Q2 2015 in thousands, except per share amounts Three months ended June 30 Six months ended June 30 2015 2014 % Change 2015 2014 % Change Total revenues $3,545,088 $3,502,918 1.2% $6,845,978 $6,645,503 3.0% Total net revenues $584,018 $521,037 12.1% $1,109,128 $978,272 13.4% Income from opera
Slide 4: Transportation Results Q2 2015
Transportation Results Q2 2015 TRANSPORTATION in thousands Three months ended June 30 Six months ended June 30 2015 2014 % Change 2015 2014 % Change Total revenues $3,130,722 $3,042,102 2.9% $6,077,979 $5,848,879 3.9% Total net revenues $548,348 $486,143 12.8% $1,043,493 $916,532 13.9% Net revenue m
Slide 5: Truckload Results Q2 2015
Truckload Results Q2 2015 Year over year change TRUCKLOAD NET REVENUES in thousands North America Three months ended June 30 Six months ended June 30 Truckload Quarter YTD 2015 2014 % Change 2015 2014 % Change Volume 7% 7% $334,546 $308,152 8.6% $632,926 $580,499 9.0% Approximate pricing* 3% 4% Appr
Slide 6: LTL Results Q2 2015
LTL Results Q2 2015 Year over year change LTL NET REVENUES in thousands Three months ended June 30 Six months ended June 30 LTL Quarter YTD 2015 2014 % Change 2015 2014 % Change Volume 33% 30% $91,524 $67,376 35.8% $176,894 $127,514 38.7% Pricing Net revenue margin Net revenue and volume growth in a
Slide 7: Intermodal Results Q2 2015
Intermodal Results Q2 2015 Year over year change INTERMODAL NET REVENUES in thousands INTERMODAL Three months ended June 30 Six months ended June 30 Quarter YTD 2015 2014 % Change 2015 2014 % Change Volume 6% 10% $11,539 $10,863 6.2% $22,051 $19,803 11.4% Pricing Net revenue margin Freightquote adde
Slide 8: Global Forwarding Results Q2 2015
Global Forwarding Results Q2 2015 Ocean, Air and Customs NET REVENUES in thousands Three months ended June 30 Six months ended June 30 2015 2014 % Change 2015 2014 % Change Ocean $59,066 $50,486 17.0% Ocean $109,256 $94,098 16.1% Air $19,596 $21,747 -9.9% Air $40,235 $39,201 2.6% Customs $10,973 $10
Slide 9: Other Logistics Services Results Q2 2015
Other Logistics Services Results Q2 2015 NET REVENUES in thousands Three months ended June 30 Six months ended June 30 2015 2014 % Change 2015 2014 % Change $21,104 $17,207 22.6% $40,895 $35,773 14.3% Other Logistics Services net revenues include transportation managed services, warehousing and smal
Slide 10: Sourcing Results Q2 2015
Sourcing Results Q2 2015 SOURCING NET REVENUES in thousands Three months ended June 30 Six months ended June 30 2015 2014 % Change 2015 2014 % Change Total revenues $414,366 $460,816 -10.1% $767,999 $796,624 -3.6% Total net revenues $35,670 $34,894 2.2% $65,635 $61,740 6.3% Net revenue margin 8.6% 7
Slide 11: Summarized Income Statement
Summarized Income Statement in thousands Three months ended June 30 Six months ended June 30 2015 2014 % Change 2015 2014 % Change Total revenues $3,545,088 $3,502,918 1.2% $6,845,978 $6,645,503 3.0% Total net revenues 584,018 521,037 12.1% 1,109,128 978,272 13.4% Personnel expenses 263,999 238,986
Slide 12: Other Financial Information
Other Financial Information in thousands CASH FLOW DATA Three months ended June 30 BALANCE SHEET DATA • Strong cash flow quarter June 30, 2015 • Total debt balance $1.130 billion Cash & investments $171,451 • $500 million, 4.28% average coupon Current assets $1,944,339 • $630 million drawn on new re
Slide 13: Capital Distribution
Capital Distribution in thousands 2010 2011 2012 (a) 2013 2014 Q2 2015 YTD 2015 Net income $387,026 $431,612 $447,007 $415,904 $449,711 $137,208 $243,684 Capital distribution Cash dividends paid $168,902 $194,697 $219,313 $220,257 $215,008 $57,182 $114,517 Share repurchases 157,381 250,274 255,849 8
Slide 14: A look ahead
A look ahead July to date, total company net revenue has increased approximately 12 percent per business day when compared to July to date in 2014. Freightquote integration continues into the second half of the year. Remain focused on balanced growth initiatives and strategic investments. 14
Slide 15: Appendix A: 2012 Summarized Adjusted Income Statement
Appendix A: 2012 Summarized Adjusted Income Statement In thousands, except per share amounts Twelve months ended December 31, 2012 Non-recurring Non-recurring 2012 Actual Adjusted Acquisition Impacts Divestiture Impacts Total net revenues $1,717,571 $1,717,571 Personnel expenses (1) 766,006 -385 -34
Slide 16: C.H. Robinson
3) C.H. ROBINSON C“(‘éi
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