Douglas Dynamics, Inc. · NYSE:PLOW
Douglas Dynamics — Investor Presentation (December 2025)
17 slides from Douglas Dynamics's investor presentation, December 2025
Slide 1: Investor Presentation December 2025
INVESTOR PRESENTATION DECEMBER 2025 MARK VAN GENDEREN – PRESIDENT & CEO SARAH LAUBER – EVP & CFO NATHAN ELWELL – VP, INVESTOR RELATIONS
Slide 2: Forward-Looking Statements
FORWARD-LOOKING STATEMENTS This press release contains certain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. These statements include information relating to future events, future financial performance, strategies, expectations, comp
Slide 3: Douglas Dynamics Today
DOUGLAS DYNAMICS TODAY 7 15 ~1,600 Manufacturing locations Installation & Distribution Centers Team members worldwide Expanding portfolio of complex work vehicle attachments, featuring our leading commercial and municipal snow and ice control brands Installation and Distribution Centers Customized s
Slide 4: Capabilities Across the Work Truck Market
CAPABILITIES ACROSS THE WORK TRUCK MARKET Class 1 – 3 Class 3 – 6 Class 7 – 8 © 2025 Douglas Dynamics, LLC 4
Slide 5: Douglas Dynamics Leadership Philosophy
DOUGLAS DYNAMICS LEADERSHIP PHILOSOPHY People & Culture Strategy Performance Financial & Operational © 2025 Douglas Dynamics, LLC 5
Slide 6: Three Strategic Pillars
THREE STRATEGIC PILLARS Optimize Expand Activate Continuously improve Drive product Focus on strategic, to drive operational development and complex attachment efficiency and broaden portfolio of acquisitions to strengthen market work vehicle solutions diversify and balance leadership to meet evolvi
Slide 7: Activate M&A
ACTIVATE M&A Key Criteria Heavy Complex High Vehicle Equipment Manufacturing Integration Premium Unique Product Properties Agriculture Mission Critical Strong Brand Performance and Reputation Work Truck Forestry Highly Established & Specialty Engineered Channel Presence Proprietary Technology / Regu
Slide 8: Acquired Venco Venturo
‘Activate’ ACQUIRED VENCO VENTURO Strategic Pillar Tremendous reputation for commitment to quality and reliability. Significant opportunity to drive profitable growth. Modestly accretive to earnings per share and free cash flow positive before synergies in 2026. Founded in 1952 Based in Sharonville,
Slide 9: DD Financial Overview
DD FINANCIAL OVERVIEW DOUGLAS DYNAMICS
Slide 10: Positive Q3 2025 Results Raises 2025 Guidance Ranges
POSITIVE Q3 2025 RESULTS RAISES 2025 GUIDANCE RANGES* *2025 annual guidance was last given on November 4, 2025, and has not been confirmed or updated since that time. Key Consolidated Results* A Closer Look* Work Truck Attachments Original Updated Net Sales $162.1M 25.3% Net Sales $68.1M 13.0% $8.0M
Slide 11: Disciplined Capital Allocation Strategy
DISCIPLINED CAPITAL ALLOCATION STRATEGY Pay Dividend Return Cash to Shareholders • Dividend Yield = ~ 3% 01 • $50M Share Buyback authorization (2022) • Sustainable dividends remains a priority 05 • YTD returned $26.9M via dividend and share buyback Invest to Drive Growth • Continue organic investmen
Slide 12: Appendix
APPENDIX MARK VAN GENDEREN – PRESIDENT & CEO SARAH LAUBER – EVP & CFO NATHAN ELWELL – VP, INVESTOR RELATIONS
Slide 13: WTA: Quarterly Sales
WTA: QUARTERLY SALES Typical Net Sales by Quarter Most important / Core markets are east of the Mississippi and north of the Ohio rivers. 35 2Q + 3Q Pre-Season Shipments = ~65% Western U.S. and western provinces of 30 Influenced by start Canada are less important markets due to of winter = 20-25% lo
Slide 14: Market Leading Brands
MARKET LEADING BRANDS Work Truck Attachments (“WTA”) Work Truck Solutions (“WTS”) Leading commercial snow and ice control brands Customized solutions and upfit services (Class 4-8) Expanding portfolio including truck mounted Strong relationships with truck OEMs service cranes and dump hoists Superio
Slide 15: WTA: Optimize and Expand Portfolio
WTA: OPTIMIZE AND EXPAND PORTFOLIO Optimize Expand © 2025 Douglas Dynamics, LLC 15
Slide 16: Optimize and Expand Examples
OPTIMIZE AND EXPAND EXAMPLES WTA: Manufacturing WTS: Henderson Centers of Excellence Capacity Expansion Concentrate expertise to improve Upgrade Missouri Upfit Facility Safety, Quality, Delivery and Cost Sustained backlog growth drives +10% capacity expansion © 2025 Douglas Dynamics, LLC 16
Slide 17: Use of Non-GAAP Financial Measures
USE OF NON-GAAP FINANCIAL MEASURES This press release contains financial information calculated other than in accordance with U.S. Generally Accepted Accounting Principles (“GAAP”). The non-GAAP measures used in this press release are Adjusted EBITDA, Adjusted Net Income and Adjusted Earnings Per Sh
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