Toromont Industries Ltd. · TSX:TIH
Toromont Industries — Investor Presentation (December 2023)
15 slides from Toromont Industries's investor presentation, December 2023
Slide 1: Investor Presentation December 2023
Investor Presentation December 2023
Slide 2: Advisory
Advisory Information contained herein that is not a historical fact is "forward-looking information". Words such as "plans", "intends", "outlook", "expects", "anticipates", "estimates", "believes", "likely", "should", "could", "will", "may" and similar expressions are intended to identify statements
Slide 3: Toromont Industries Ltd. TIH (TSX)
Toromont Industries Ltd. TIH (TSX) ➢ TIH is a diversified growth company that serves its shareholders and customers through several CORPORATE well-established, market-leading businesses, underpinned by a strong financial foundation ❑ Incorporated 1963 ❑ Canadian Public Company 1967 ➢ These businesse
Slide 4: Executive Team Changes
Executive Team Changes Effective October 15, 2023 Scott Medhurst Executive Advisor Mike McMillan President & Chief Executive Officer Board Director John Doolittle Executive Vice President & Chief Financial Officer DRIVING FORWARD TOGETHER 4 ALLER DE L’AVANT ENSEMBLE
Slide 5: Q3 2023 Highlights
Q3 2023 Highlights ✓ Q3 results reflected good execution on new equipment deliveries against order backlog and favourable operating leverage ✓ Equipment Group – prime product delivery executed well on deliveries of several large customer orders, despite some softening in demand for equipment in the
Slide 6: Q3 Consolidated Financial Summary
Q3 Consolidated Financial Summary Financial Data in $ million, EPS in $ per share • Bookings -5% in Q3 (YTD +5%) on good demand • Backlog remains healthy at $1.2 billion – Equipment Group down 16% and CIMCO up 21% • Revenue +8% in Q3 (YTD +14%) ◦ Equipment sales +7% in Q3 (YTD +15%) ◦ Product Suppor
Slide 7: Business Overview: Equipment Group
BUSINESS OVERVIEW: EQUIPMENT GROUP WE ARE TOROMONT Toromont is your Cat dealer in: • Manitoba • Ontario • Québec • New Brunswick • P.E.I. • Nova Scotia • Newfoundland & Labrador • Nunavut We are dedicated to consistently delivering a superior customer experience by providing new and good quality use
Slide 8: Business Overview: CIMCO
BUSINESS OVERVIEW: CIMCO A North American market leader in the design, engineering, fabrication, installation and servicing of industrial and recreational refrigeration systems ➢ Well recognized proprietary brand with 100+ year history ➢ Bookings and Backlog at healthy levels 2022 Segments* ➢ Strong
Slide 9: Battlefield Equipment Rentals
BATTLEFIELD EQUIPMENT RENTALS Branches located in Manitoba, Ontario, Québec, New Brunswick, Nova Scotia, P.E.I, Newfoundland & Labrador and Nunavut 79 LOCATIONS 1,200+ EMPLOYEES Includes 9 JobSite locations SINGLE SOURCE SUPPLIER FOR: • Rental Equipment Battlefield Equipment Rentals is an authorized
Slide 10: Equipment Management Solutions and Service
EQUIPMENT MANAGEMENT SOLUTIONS Toromont specialists work with our customers to determine the best strategies to maximize productivity, minimize costs and reduce risk DO IT WORK DO IT MYSELF WITH ME FOR ME Solution Package Partnership Package Total Care Package SERVICE Quality service supplied by Tor
Slide 11: Remanufacturing & Repair
REMANUFACTURING & REPAIR Toromont Reman helps maximize customer investment by repairing and remanufacturing all engine, power train and hydraulic components, servicing the industrial and portable/mobile markets. 5 FULL-SERVICE 175+ MACHINE SHOPS REMAN TECHNICIANS/ COMPONENT REBUILDERS 3YR / 5000HR I
Slide 12: High Performance Capital Management
High Performance Capital Management Return on Opening Shareholders Equity (%) Net Debt-to-Capitalization (%) 24.3% 23.3% 19.6% Q3 2021 2022 2023 * Continuing operations from 2011 Debt Maturities & Liquidity ($ million) Capital Allocation Priorities ✓ Cash from operations and liquidity well positione
Slide 13: Long-term Business Growth & Returns
Long-term Business Growth & Returns 55 Year Dividend Record 34 Years Of Consecutive Growth 10 Yr Trended Share Performance Annual Dividend per Share 1.80 1.72 TIH (TSX) 1.60 1.56 1.40 1.40 +14% 1.24 1.20 1.00 0.80 0.60 0.40 0.20 0.00 2013 2010 2011 2012 2014 2015 2016 2017 2018 2019 2020 2021 2022 2
Slide 14: Well Positioned for Long Term Success
Well Positioned for Long Term Success ✓ Market leading brands and position ✓ Large diversified installed base by geography and industry ✓ Organic growth opportunities expanding Rental Equipment, Product Support, telematics and digital capabilities ✓ Long term infrastructure and construction pipeline
Slide 15: Together, We Are Stronger
OUR OUR OUR OUR EMPLOYEES CUSTOMERS SUPPLIERS STAKEHOLDERS TOGETHER, WE ARE STRONGER DRIVING FORWARD TOGETHER ALLER DE L’AVANT ENSEMBLE
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