Trinity Industries, Inc. · NYSE:TRN
Trinity Industries — BB&T Transportation Services Conference 2007
17 slides from Trinity Industries's conference presentation, Feb 13, 2007
Slide 1: Trinity Industries, Inc. BB&T Transportation Services Conference February 2007
Trinity Industries, Inc. BB&T Transportation Services Conference February, 2007
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation contains "forward looking statements" as defined by the Private Securities Litigation Reform Act of 1995 and includes statements as to expectations, beliefs and future financial performance, or assumptions underlying or concerning matters herein. These st
Slide 3: Company Overview
Company Overview Trinity operates in five distinct business groups: Note: Revenue and Operating Profit percentages for LTM as of September 30, 2006 for outside revenues.
Slide 4: Strong Industry Dynamics
Strong Industry Dynamics Railcar and Barge Industry Fundamentals are Strong Railcar and Barge fleet utilization is very high Growth of the economy Increased demand for coal, grain, cement, aggregates, and other basic materials Replacement cycle is a key influencer on demand 44% of railcars, or appro
Slide 5: Trinity's Key Differentiators Create a Unique Value
Trinity's Key Differentiators Create a Unique Value Broad product offerings One-stop shopping for customers Minimizes product volatility Multi-industry with synergistic connections Unique customer connections Centralized cost-savings Manufacturing synergies Industry-leading position in Mexico Decade
Slide 6: Trinity's Strategic Summary
Trinity's Strategic Summary Maximize earnings during the upswing Continuously search for ways to improve operating performance Diversify earnings base to stabilize cyclical downswings Expand leasing expertise Maintain a persistent and patient acquisition strategy Maintain a financial platform to sup
Slide 7: Trinity Highlights: Revenue Summary 2003 - LTM 9/06
EBITDA Margin Line 3 Revenue EBITDA Stack 2 Stack 3 Stack 4 Stack 5 Stack 6 Stack 7 Stack 8 Stack 9 Stack 10 Stack 11 Stack 12 Stack 13 Stack 14 Stack 15 Stack 16 2002 0.063 1487.3 93.504 50 2003 0.073 1432.8 101 125 2004 0.052 2198.1 98.2 200 2005 0.1 2902 296 275 LTM 9/06 0.1141 3016 462 350 Trini
Slide 8: Rail Group
Industry shipments of 75,600 with year-end backlog of 87,600 cars Trinity shipments increased to over 25,250 cars in 2006 from 22,900 in 2005 Trinity orders totaled 42,400, representing 45% of the Industry total Trinity's order backlog was approximately 35,850 railcars at year-end vs. approximately
Slide 9: Rail Industry Shipment Summary and Projections
Industry Shipments 1956 67080 1957 99590 1958 42760 1959 37819 1960 57047 1961 31720 1962 36554 1963 44960 1964 69330 1965 77828 1966 90104 1967 83095 1968 56232 1969 69028 1970 65970 1971 54696 1972 47460 1973 59875 1974 66563 1975 72337 1976 52504 1977 51142 1978 67286 1979 84869 1980 80470 1981 4
Slide 10: Trinity's Historical Market Share
Trinity's Historical Market Share Through internal expansion and external acquisitions, TrinityRail has become the leading manufacturer of rail equipment in North America TrinityRail has produced over 43% of all railcars in North America since 1994
Slide 11: Railcar Leasing and Management Services Group (TILC)
Railcar Leasing and Management Services Group ("TILC") Leading provider of comprehensive railcar fleet management services: from leasing and financing options, administration, regulatory compliance and tax preparation to optimization, asset and inventory management, maintenance and repairs. Trinity'
Slide 12: Inland Barge Group
Revenue Operating profit Column 3 Column 4 Column 5 Column 6 Column 7 Column 8 Column 9 Column 10 Column 11 Column 12 Column 13 Column 14 Column 15 Column 16 2003 -4.7 2004 -14.8 2005 15.7 LTM 9/06 38 Revenues up 86% in Q3 06 vs. Q3 05 Profitability dramatically improving - Operating Profit/(Loss) m
Slide 13: Inland Barge Segment: Growth Expected to be Driven by Replacement Demand
Estimated Retirements New Builds 1999 1019 931 2000 1201 831 2001 862 655 2002 1139 596 2003 947 280 2004 942 510 2005 714 328 Age 0-5 Years 2459 6-10 Years 5461 11-15 Years 2677 16-20 Years 1306 21-25 Years 2738 26+ Years 5916 42% are 21+ years old Inland Barge Segment: Growth is Expected to be Dri
Slide 14: Congressional & Regulation Improvements Positive for Construction and Energy Segments
Congressional & Regulation Improvements Positive for Growth of Construction and Energy Segments Federal Highway Bill provides growth opportunity Bill provides $286.5 billion over six years The Bill provides a 31% increase over the previous funding levels Each state guaranteed at least a 21% increase
Slide 15: Construction Products Group
Revenue OP Column 3 Column 4 Column 5 Column 6 Column 7 Column 8 Column 9 Column 10 Column 11 Column 12 Column 13 Column 14 Column 15 Column 16 2003 37.5 2004 35.1 2005 55.31 LTM 9/06 60.4 Revenues up 14% in Q3 06 vs. Q3 05 Operating profit up 9% over Q3 05 Nationwide producer of Highway products Po
Slide 16: Energy Equipment Group
Revenue OP Column 3 Column 4 Column 5 Column 6 Column 7 Column 8 Column 9 Column 10 Column 11 Column 12 Column 13 Column 14 Column 15 Column 16 2003 10.9 2004 15.3 2005 31.9 LTM 9/06 47 Tank Containers: Consistent and mature business Trinity has taken cost out of the business Improved processes Elim
Slide 17: Trinity Industries, Inc. BB&T Transportation Services Conference February 2007
Trinity Industries, Inc. BB&T Transportation Services Conference February, 2007
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