Trinity Industries, Inc. · NYSE:TRN
Trinity Industries — UBS Leveraged Finance Conference 2007
14 slides from Trinity Industries's conference presentation, May 8, 2007
Slide 1: Trinity Industries, Inc. UBS Leveraged Finance Conference
Trinity Industries, Inc. UBS Leveraged Finance Conference May 9, 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 Last Twelve Months Ended March 31, 2007 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 Provide product shippers with a premier logistics solution Develop products with unique features Offer leasing financial solutions Service wrappers (maintenance, administration, management) Leverage core competencies and create new sources of revenues Development of the w
Slide 7: Trinity Highlights: Revenue Summary 2003 - LTM 3/07
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 294.3 275 2006 0.1141 3016 500.2 350 LTM 3
Slide 8: Rail Group
Industry shipments of 74,800 during LTM 3/31/07 with a backlog of 80,700 cars as of 3/31/07 Trinity shipments totaled 25,640 during LTM 3/31/07 Trinity orders totaled 36,670, representing 54% of the Industry total during LTM 3/31/07 Trinity's order backlog was approximately 37,790 railcars as of 3/3
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: 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 11: 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 2006 44.5 LTM 3/31/07 55.3 Revenues up 33% in Q1 07 vs. Q1 06 Profitability dramatically improved - Operating P
Slide 12: Inland Barge Segment: Growth 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 2006 713 740 Age 0-5 Years 2679 6-10 Years 5049 11-15 Years 3203 16-20 Years 1640 21-25 Years 992 26+ Years 7131 39% are 21+ years old Inland Barge Segment: Growth is Expect
Slide 13: 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 14: 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 2006 61.5 LTM 3/31/07 62.1 Revenues up 10% in Q1 07 vs. Q1 06 Operating profit up 6% over Q1 06 Nationwide producer of Highwa
Trinity Industries — UBS Leveraged Finance Conference 2007 on 6ix