C.h. Robinson Worldwide, Inc. · NASDAQ:CHRW
C.h. Robinson Worldwide — Q2 2014 Earnings Presentation
14 slides from C.h. Robinson Worldwide's earnings presentation, Jul 29, 2014
Slide 1: Earnings Conference Call – Second Quarter 2014
Exhibit 99.2 Earnings Conference Call – Second Quarter 2014 July 30, 2014 John Wiehoff, Chairman & CEO Chad Lindbloom, 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 2014
Results Q2 2014 in thousands, except per share amounts Three months ended June 30 Six months ended June 30 2014 2013 % Change 2014 2013 % Change Total revenues $3,502,918 $3,288,262 6.5% $6,645,503 $6,282,529 5.8% Total net revenues $521,037 $472,602 10.2% $978,272 $928,324 5.4% Income from operatio
Slide 4: Transportation Results Q2 2014
Transportation Results Q2 2014 TRANSPORTATION in thousands Three months ended June 30 Six months ended June 30 2014 2013 % Change 2014 2013 % Change Total revenues $3,038,923 $2,818,077 7.8% $5,842,627 $5,421,259 7.8% Total net revenues $483,552 $431,145 12.2% $911,431 $852,397 6.9% Net revenue marg
Slide 5: Truckload Results Q2 2014
Truckload Results Q2 2014 Year over year change North America TRUCKLOAD NET REVENUES in thousands Truckload Quarter YTD Three months ended June 30 Six months ended June 30 Volume 3% 3% 2014 2013 % Change 2014 2013 % Change Approximate pricing* 10% 10% $305,561 $264,335 15.6% $575,398 $532,939 8.0% A
Slide 6: LTL Results Q2 2014
LTL Results Q2 2014 Year over year change LTL NET REVENUES in thousands LTL Quarter YTD Three months ended June 30 Six months ended June 30 2014 2013 % Change 2014 2013 % Change Volume 8% 8% $67,376 $60,711 11.0% $127,514 $119,202 7.0% Pricing Net revenue margin • Strong demand drove increased volum
Slide 7: Intermodal Results Q2 2014
Intermodal Results Q2 2014 Year over year change INTERMODAL NET REVENUES in thousands INTERMODAL Three months ended June 30 Six months ended June 30 Quarter YTD 2014 2013 % Change 2014 2013 % Change Volume 1% -2% $10,863 $9,920 9.5% $19,803 $19,021 4.1% Pricing Net revenue margin • Net revenue incre
Slide 8: Global Forwarding Results Q2 2014
Global Forwarding Results Q2 2014 Ocean, Air and Customs NET REVENUES in thousands Three months ended June 30 Six months ended June 30 2014 2013 % Change 2014 2013 % Change Ocean $50,486 $49,124 2.8% $94,098 $91,612 2.7% Air $21,747 $20,202 7.6% $39,201 $36,970 6.0% Customs $10,312 $9,769 5.6% $19,6
Slide 9: Other Logistics Services Results Q2 2014
Other Logistics Services Results Q2 2014 NET REVENUES in thousands Three months ended June 30 Six months ended June 30 2014 2013 % Change 2014 2013 % Change $17,207 $17,084 0.7% $35,773 $34,278 4.4% • Other Logistics Services net revenues include transportation management services, warehousing and s
Slide 10: Sourcing Results Q2 2014
Sourcing Results Q2 2014 SOURCING NET REVENUES in thousands Three months ended June 30 Six months ended June 30 2014 2013 % Change 2014 2013 % Change Total revenues $460,816 $466,811 -1.3% $796,624 $854,663 -6.8% Total net revenues $34,894 $38,752 -10.0% $61,740 $70,598 -12.5% Net revenue margin 7.6
Slide 11: Summarized Income Statement
Summarized Income Statement in thousands Three months ended June 30 Six months ended June 30 2014 2013 % Change 2014 2013 % Change Total revenues $3,502,918 $3,288,262 6.5% $6,645,503 $6,282,529 5.8% Total net revenues 521,037 472,602 10.2% 978,272 928,324 5.4% Personnel expenses 238,986 206,009 16.
Slide 12: Other Financial Information
Other Financial Information in thousands CASH FLOW DATA Three months ended June 30 2014 2013 % Change Net cash provided by operating activities $113,928 $116,321 -2.1% Capital expenditures, net $6,229 $12,400 -49.8% • Strong cash flow quarter BALANCE SHEET DATA • Total debt balance $900 million June
Slide 13: A look ahead
A look ahead • Cyclical and secular factors will continue to impact our quarterly results • North America Truckload net revenue growth rate in July has been similar to the second quarter driven by margin improvement with minimal volume growth • We continue to focus on growth and efficiency initiativ
Slide 14: C.H. Robinson
3) C.H. ROBINSON CA
C H Robinson Worldwide — Q2 2014 Earnings Presentation on 6ix