Exco Technologies Limited · TSX:XTC
Exco Technologies — Investor Presentation (May 2024)
19 slides from Exco Technologies's investor presentation, May 2024
Slide 1: Investor Presentation May 2024
Investor Presentation May, 2024
Slide 2: Cautionary Statement
Cautionary Statement This presentation contains forward-looking information and forward-looking statements within the meaning of applicable securities laws. We may use words such as “anticipate”, “may”, “will”, “should”, “expect”, “believe", "estimate", “5-year target” and similar expressions to ide
Slide 3: Company Overview
Company Overview Business Highlights Financial Highlights • Manufacturer of tooling for the light metal • LTM Q2 F24 revenue of C$645 million and EBITDA of industries + interior trim components & accessories C$81 million (13% margin) for the OEM automotive market • Targeting to achieve C$750 million
Slide 4: Principal Business Segments
Principal Business Segments LTM Q2 F2024 Revenue and EBITDA C$645 million Revenue C$81 million EBITDA (13% Margin) C$44M Die-Cast Casting & OEM Tooling Extrusion 53% Accessories 47% (15% Margin) Automotive Casting & Solutions Extrusion Extrusion Tooling C$43M (C$343M) (C$303M) Interior Trim and Auto
Slide 5: End Customer Revenue Diversity
End Customer Revenue Diversity Significant Diversity by Ultimate OEM customer and End Market • Extrusion tooling and related capital 10% equipment sold to extruders who ultimately 8% serve very diverse end markets (vast Extrusion Tooling and Related Capital Equipment Die-Cast majority non-automotive
Slide 6: Global Presence
Global Presence 21 Manufacturing Locations in 9 Countries and 5,000 Employees Uxbridge, ON Newmarket, ON Aldenhoven, Germany Chesterfield, MI Markham, ON Toledo, OH Troy, MI* Weissenburg, Germany Port Huron, MI* Brescia, Italy (2) Dartmouth, NS Tangier, Morocco Matamoros, MX (2) Wylie, TX Kenitra, M
Slide 7: Automotive Solutions Segment
Automotive Solutions Segment EXCO TECHNOLOGIES LIMITED | 7
Slide 8: Automotive Solutions Segment
Automotive Solutions Segment An innovative provider of interior trim & accessory products to global automotive OEM’s Competitive Strengths Market Conditions • Equal mix of highly innovative accessory and core • Vehicle production significantly disrupted by COVID- interior trim parts 19 in 2020 and m
Slide 9: Automotive Solutions Segment
Automotive Solutions Segment Leading manufacturer of OEM automotive accessories from bumper to bumper ✓ High volume manufacturing ✓ Design Engineering ✓ Concept Development ✓ Rapid Prototyping ✓ Research and Development ✓ Quality Assurance EXCO TECHNOLOGIES LIMITED (TSX: XTC) | 9
Slide 10: Casting & Extrusion Segment
Casting & Extrusion Segment EXCO TECHNOLOGIES LIMITED | 10
Slide 11: Casting & Extrusion Segment
Casting & Extrusion Segment World’s largest independent provider of tooling for the Extrusion and Die Cast markets Competitive Strengths Market Conditions • Large scale, diversified operations with a total of 17 • Aluminum use is growing across many applications tooling plants in nine countries with
Slide 12: Extrusion Tooling and Equipment
Extrusion Tooling and Equipment Largest independent manufacturer of tooling and equipment for aluminum extrusions Business Overview Extruded Products by End Market • Very diverse end-market exposure Transportation/ Auto 10% • Approximately 60% of segment revenue and 30% of Building & Construction 10
Slide 13: High Pressure Die Cast Tooling
High Pressure Die Cast Tooling High Pressure Die Cast moulds and associated tooling for automotive components Business Overview Growth in Giga Castings • Largest independent manufacturer of high pressure die-cast moulds in North America; exclusively focused on large moulds • Mix of revenues from new
Slide 14: Casting & Extrusion Segment
Casting & Extrusion Segment Both Internal Combustion Engine and Electric Vehicles are using an increasing number of extruded and die-cast aluminum components to reduce weight Instrument Panel Roof Rails Beam Components Electronics Housing Rear Bumper Beams Shock Towers Rear Subframes Transmission Ho
Slide 15: Financial Results
Financial Results EXCO TECHNOLOGIES LIMITED | 15
Slide 16: Financial Highlights
Financial Highlights Expect to Achieve Strong Organic Earnings Growth Primarily Through Margin Expansion Revenue C$ Millions EBITDA C$ Millions Earnings Per Share C$ 750 1.50 120 619 490 74 53 0.68 0.49 F2022 F2023 F2026 TARGET F2022 F2023 F2026 TARGET F2022 F2023 F2026 TARGET Fiscal year ended Sept
Slide 17: EBITDA Margin Expansion Pathway
EBITDA Margin Expansion Pathway Margin improvement is a key focus as significant capital deployment phase nears completion 120 EBITDA C$ Millions 74 F2023 Organic revenue Auto Solutions mix Casting & Extrusion Casting & Extrusion Casting & Extrusion Fiscal 2026 Target growth at target improvements/
Slide 18: Dividend and Leverage
Dividend and Leverage Exceptional Dividend Growth, Healthy Growth Capex and Solid Balance Sheet Annual Dividend C$ Cents/ Share Capital Spending C$ Millions Net Leverage 42.0 Maintenance Growth 24.4 39.1 1.7x 23.1 1.3x 0.5x - 1.5x 10.5 24.1 13.6 14.7 F2022 F2023 MID-TERM TARGET F2011 F2023 F2022 F20
Slide 19: Questions
Questions EXCO TECHNOLOGIES LIMITED (TSX: XTC) | 19