Td Synnex Corporation · NYSE:SNX
Td Synnex — Investor Day (March 2022)
20 slides from Td Synnex's investor day presentation, Mar 29, 2022
Slide 1: Investor Day 2022
Investor Day 2022 Rich Hume, CEO
Slide 2: Safe Harbor statement
Safe Harbor statement This Presentation contains “forward-looking statements” within the meaning of the Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements may be identified by terms such as believe, foresee, expect, may,
Slide 3: Safe Harbor statement: No Offer or Solicitation
Safe Harbor statement No Offer or Solicitation The Presentation does not constitute or form part of, and should not be construed as, an offer to sell or issue, or the solicitation of an offer to purchase, subscribe to or acquire, securities of TD SYNNEX, or an inducement to enter into investment act
Slide 4: TD SYNNEX: Connecting the global IT system
TD SYNNEX Connecting the global IT system Software & cloud Security Endpoint / Hyperscale Edge infrastructure Converged Big Data & Analytics & hyper- AI/IoT/Software converged Service providers Data center DMs / ISVs System Consumer retailers integrators electronics VARs GLOBAL IT PLATFORMS SPECIALI
Slide 5: Company overview
22,000+ 1,500+ co-workers vendors Company 150,000+ 100+ overview customers countries served A Fortune World’s $60.6B Most Admired FY21 revenue Company
Slide 6: Merger update
Merger update Progress toward merger commitments Metric Commitment at deal signing Progress Revenue $60B Adjusted EBITDA(1) $1.5B Synergies $200M Dividend $0.20/Qtr Free cash flow $1B by 2023 Net leverage 2x OnIntegration Americas completed track to achieve or overperform relativein 2 to years merge
Slide 7: IT spending increasing
IT spending increasing IT spending vs GDP (YoY annual growth) 10 9 8 7 6 5 4 3 2 1 % 0 -1 2001 2005 2010 2015 2020 2025 -2 -3 -4 -5 -6 IT spending Real GDP Source: IDC, 3rd Platform Black Book, February 2022
Slide 8: Represents $827B in TAM growth opportunities
Represents $827B in TAM growth opportunities 4Y growth forecast in selected focus areas Mobile +3% Security +9% Cloud +19% High-growth 3rd Platform IT technologies already +14% services represented $13B of Augmented Reality/Virtual Reality +62% gross revenue in FY21 Big Data & Analytics/Artificial I
Slide 9: Design anything, deploy everywhere
Fully vertically integrated Engineering focus Design anything, deploy Proven capabilities Global manufacturing everywhere Global manufacturing for hyperscale Rapid product development Deliver and deploy anywhere in and introduction the world at rack level
Slide 10: Global as-a-Service market growth
Global as-a-Service market growth Software-as-a-service & Hardware-as-a-service Device-as-a-service Infrastructure-as-a-service Platform-as-a-service Market forecast to grow at a CAGR of 16% Market forecast to grow at a CAGR of 44% Market forecast to grow at a CAGR of 30% Market forecast to grow at
Slide 11: Linear model
Linear model Vendor Distributor Customer End-user
Slide 12: Solutions aggregation and orchestration
Solutions aggregation and orchestration SOLUTION PROVIDERS ISVs AND MSPs OEMs CLOUD CONSUMERS SYSTEM INTEGRATIONS ANCHOR CLOUD PROVIDERS ECOSYSTEM CUSTOMERS SUPPLIERS TECHNOLOGY PARTNERS
Slide 13: Our vendors
Our vendors 1,500+ vendors from the most well-known names in the business to new and emerging born-in- the-cloud companies
Slide 14: Executive leadership
Executive leadership Experienced team with track record of success Rich Hume Sergio Farache Michael Urban Patrick Zammit Bonnie K. Smith Chief Executive Officer Chief Strategy Officer President, Americas President, EU & APJ Chief Information Officer Marshall Witt Simon Leung Beth Simonetti Dennis Po
Slide 15: Our global strategy
Our global strategy Delivering higher value Invest Strengthen in high growth technologies our end-to-end portfolio AR/VR metaverse Customer portfolio Data (analytics, AI, IOT) Solutions portfolio Hybrid cloud Vendor portfolio Hyperscale infrastructure TaaS, recurring revenue models Mobility & Edge S
Slide 16: Medium-term financial targets
Medium-term financial targets Non-GAAP operating margin(1) Total shareholder return ~3% Revenue growth 15-20% 6-7% CAGR Estimated over a 3–4-year period (1) Non-GAAP measure. See the appendix to this presentation for definitions of non-GAAP measures and reconciliation of such measures to GAAP.
Slide 17: Key takeaways
Key takeaways Well-positioned to deliver for today and tomorrow Unparalleled end-to-end offerings Strong global operations and industry-leading management Building for the future; strong returns today; investing in transformation Strong financial performance
Slide 18: Our vision
Our vision To connect the global IT ecosystem and unlock its potential for all SOLUTION PROVIDERS ISVs AND MSPs OEMs CLOUD CONSUMERS SYSTEM INTEGRATIONS ANCHOR CLOUD PROVIDERS ECOSYSTEM CUSTOMERS SUPPLIERS TECHNOLOGY PARTNERS
Slide 19: Appendix
© TD SYNNEX \ Appendix ;
Slide 20: Non-GAAP Financial Measures
Non-GAAP Financial Measures Use of Non-GAAP Financial Measures In addition to the financial results presented in accordance with GAAP, TD SYNNEX also uses adjusted selling, general and administrative expenses, non-GAAP operating income, non-GAAP operating margin, non-GAAP net income, and non-GAAP di