Slide 1: Oldcastle Precast
Oldcastle Precast Jim Schack CEO Investor / Analyst Visit, October 2005 1 o
Slide 2: Overview
Overview $0.7bn $0.7bn Sales Sales(2004) (2004) 12% 12% 5-yr 5-yr SalesCAGR Sales CAGR ~9% ~9% Op. Op.Margin Margin 71 71 Locations Locations 24 24 US USStates States 11 Canadian CanadianProvince Province +3,500 +3,500 Employees Employees 10 10::30 30::60 60 Res/Non-res Res/Non-res/Infra /Infra 85 8
Slide 3: Organization
Organization President Jim Schack VP Development CFO Dave Steevens Bob Quinn East Pipe Telco Division West Region Northeast Region Southeast Region Central Region George Hand David Shedd Mike Scott Tom Conroy Jan Olsen Ray Rhees Telford Plant Bob Kramer - VP Mike Grapsy - GM Investor / Analyst Visit
Slide 4: Development History
Development History Utility UtilityVault Vault Southeast Southeast Brooks Brooks Strescon Strescon Sabatini Sabatini Newbasis Newbasis Company Company Precast Precast Products Products NJCP NJCP Texas Texas 1978 1981 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 Olsen Ol
Slide 5: Precast
Precast Precast Products - 60% of sales Products: Underground Utility vaults Storm and sewer manhole structures Stormwater catch basins and inlets Highway barrier and sound walls #1 Precast Company in USA Customers: Marketed direct to utility companies and their contractors Electric, gas and water u
Slide 6: Building Products
Building Products Building Products and Projects - 20% of sales Products: Flooring plank Wall Panels Columns Beams Stairs Modular prisons Customers: General contractors Construction managers Developers Investor / Analyst Visit, October 2005 6 o
Slide 7: Concrete Pipe
Concrete Pipe Pipe - 10% of sales Products: Stormwater Sewer Non-reinforced concrete pipe Customers: General and civil contractors on private and state DOT projects Investor / Analyst Visit, October 2005 7 o
Slide 8: Utility Boxes
Utility Boxes Utility Boxes - 5% of sales Products: Concrete utility boxes and covers Polymer utility boxes and covers Customers: Waterworks Electric and telecom distributors Municipalities Utilities Investor / Analyst Visit, October 2005 8 o
Slide 9: Telecom Enclosures
Telecom Enclosures Telecommunications enclosures - 5% Products: Telecom enclosures Construction services (enclosure installation) Customers: Cellular providers Cable companies Telephone companies and their contractors and construction managers Investor / Analyst Visit, October 2005 9 o
Slide 10: Telford, PA Precast Plant
Telford, PA Precast Plant Rotondo Precast Plant acquired in 1994 100 Employees 62,000 annual tons of precast products 73,000 sq feet building and 57 acres of land Market is PA, NJ Investor / Analyst Visit, October 2005 10 o
Slide 11: Telford, PA Precast Plant
Telford, PA Precast Plant Products: Box culvert Electrical and telephone vaults Short span bridges ConVault fuel storage Customers: City, County and state road departments Utility companies Private developers Investor / Analyst Visit, October 2005 11 o
Slide 12: Business Environment
Business Environment Star performer through the ‘90s Downturn 2001-2003 following Tech bubble burst and 9/11 Growth plans on hold while focus was on operational performance Recent emphasis Price Improvement Improving Standard marginal contribution Overhead reduction Repositioning product mix away fr
Slide 13: Strategic Priorities
Strategic Priorities Broaden customer base Internal growth through new product initiatives Reduce overhead, lower production costs, improve project management Marketing program for national products and brands Pursue geographical in-fill via bolt-on acquisitions Greenfield opportunities in large, hi
Slide 14: Compelling Business Proposition
Compelling Business Proposition Significant non-residential exposure …. upturn emerged in 2004 Improved opportunities in utility and hospitality sectors Key skills in engineered precast products Excellent reputation in utility sector Capitalizing on trends towards modular building methods Strong Str