Vishay Precision Group, Inc. · NYSE:VPG
Vishay Precision — Q4 2020 Earnings Presentation
12 slides from Vishay Precision's earnings presentation, Feb 17, 2021
Slide 1: Vishay Precision Group
Vishay Precision Group PERFORMANCE THROUGH PRECISION VPG Fourth Quarter Fiscal 2020 Earnings — February 17, 2021 PERFORMANCE THROUGH PRECISION
Slide 2: Safe Harbor Statement
Safe Harbor Statement From time to time, information provided by us, including but not limited to statements in this report, or other statements made by or on our behalf, may contain "forward-looking" information within the meaning of the Private Securities Litigation Reform Act of 1995. Such statem
Slide 3: Highlights
Highlights Fiscal Year 2020 Fourth Quarter 2020 • Responded quickly and decisively to the • Revenues of $75.4 million grew 11.7% global pandemic to protect employees and sequentially and 9.1% year-over-year customers ◦ Sequential growth across all three reporting • Sales of $270 million declined 5%
Slide 4: Consolidated Results/Market Trends
Consolidated Results/Market Trends Financial Highlights Revenue by Market ($ in millions) Fiscal quarter ended ($ in Millions) Fiscal quarter ended December December September December December September 31, 2020 31, 2019 26, 2020 31, 2020 31, 2019 26, 2020 Test & Measurement $ 13.3 $ 13.2 $ 12.0 Ne
Slide 5: Segment Results/Trends
Segment Results/Trends Weighing and Control Foil Technology Products Force Sensors Systems ($ in millions) Q4 Q4 Q3 Q4 Q4 Q3 Q4 Q4 Q3 2020 2019 2020 2020 2019 2020 2020 2019 2020 Net revenues $ 36.5 $ 29.6 $ 32.9 $ 16.3 $ 15.1 $ 13.9 $ 22.7 $ 24.4 $ 20.8 Gross profit $ 14.0 $ 10.3 $ 13.5 $ 4.7 $ 3.6
Slide 6: Financial Results
Financial Results Fiscal quarter ended ($ in millions, except per share amounts) December 31, December 31, September 26, 2020 2019 2020 Net revenues $ 75.4 $ 69.1 $ 67.5 Organic Growth Acquisitions Gross profit $ 28.7 $ 24.2 $ 27.3 Gross profit margin 38.1 % 35.0 % 40.5 % Selling, general, and admin
Slide 7: Selected Balance Sheet Items
Selected Balance Sheet Items ($ in Millions) December 31, 2020 December 31, 2019 September 26, 2020 Cash & cash equivalents $ 98.4 $ 86.9 $ 89.8 Total assets $ 401.9 $ 370.4 $ 392.7 Total long-term debt $ 40.6 $ 44.5 $ 40.7 Total liabilities $ 144.0 $ 128.7 $ 140.2 7 PERFORMANCE THROUGH PRECISION
Slide 8: Thank You
Thank You PERFORMANCE THROUGH PRECISION 8 8
Slide 9: Appendix
Appendix PERFORMANCETHROUGH PERFORMANCE THROUGH PRECISION PRECISION 9 9
Slide 10: Reconciliation of Adjusted Gross Profit, Operating Income, Net Earnings and Diluted EPS - Quarter
Reconciliation of Adjusted Gross Profit, Operating Income, Net Earnings and Diluted Earnings Per Share - Quarter Net Earnings Attributable to VPG Gross Profit Operating Income Stockholders Diluted Earnings Per share Fiscal Quarter Ended December 31, 2020 2019 2020 2019 2020 2019 2020 2019 As reporte
Slide 11: Reconciliation of Adjusted Gross Profit, Operating Income, Net Earnings and Diluted EPS – YTD
Reconciliation of Adjusted Gross Profit, Operating Income, Net Earnings and Diluted Earnings Per Share – YTD Net Earnings Attributable to VPG Gross Profit Operating Income Stockholders Diluted Earnings Per share Fiscal Year Ended December 31, 2020 2019 2020 2019 2020 2019 2020 2019 As reported - GAA
Slide 12: Reconciliation of Adjusted Gross Profit by Segment
Reconciliation of Adjusted Gross Profit by Segment Fiscal quarter ended December 31, 2020 December 31, 2019 September 26, 2020 Foil Technology Products As reported - GAAP $ 14,023 $ 10,349 $ 13,515 As reported - GAAP Margins 38.4 % 34.9 % 41.1 % COVID-19 impact 163 159 As Adjusted - Non GAAP $ 14,18
Vishay Precision Group — Q4 2020 Earnings Presentation on 6ix