Finning International Inc. · TSX:FTT
Finning International — Q3 2013 Earnings Presentation
8 slides from Finning International's earnings presentation, Nov 14, 2013
Slide 1: Q3 2013 Investor Call
Q3 2013 Investor Call November 14, 2013
Slide 2: Forward Looking Information
Forward Looking Information This report contains statements about the Company’s business outlook, objectives, plans, strategic priorities and other statements that are not historical facts. A statement Finning makes is forward-looking when it uses what the Company knows and expects today to make a s
Slide 3: Scott Thomson, President and CEO
Q3 2013 Investor Call Scott Thomson, President and CEO November 14, 2013
Slide 4: Dave Smith, EVP and CFO
Q3 2013 Investor Call Dave Smith, EVP and CFO November 14, 2013
Slide 5: Q3 2013 Results – Sequential Review
Q3 2013 Results – Sequential Review C$ millions Q1 2013 Q2 2013 Q3 2013 % change Q3/Q2 Revenue 1,560 1,620 1,780 10 Gross profit 498 513 514 0 GP margin 32.0% 31.7% 28.9% SG&A (382) (392) (379) 3 SG&A as % of revenue (24.5)% (24.2)% (21.3)% Equity earnings 3 4 3 Other income (expenses) (2) (2) (2) E
Slide 6: Q3 2013 Free Cash Flow
Q3 2013 Free Cash Flow C$ millions Q3 2013 Q3 2012* Net income adjusted for items not affecting cash 187 175 Changes in working capital items 15 (151) Interest & income taxes paid (18) (24) Net proceeds (expenditures) on capital assets 3 (41) Net proceeds (expenditures) on rental (24) 12 Free cash f
Slide 7: Q3 2013 Results
Q3 2013 Results C$ millions Q3 2013 Q3 2012* % change Revenue 1,780 1,594 12 Gross profit 514 490 5 GP margin 28.9% 30.7% SG&A (379) (368) (3) SG&A as % of revenue (21.3)% (23.1)% Equity earnings 3 2 Other income (expenses) (2) 0 EBIT 136 124 10 EBIT margin 7.6% 7.8% Net income 86 81 6 Basic EPS 0.5
Slide 8: Juan Carlos Villegas, EVP and COO
Q3 2013 Investor Call Juan Carlos Villegas, EVP and COO November 14, 2013
Finning International — Q3 2013 Earnings Presentation on 6ix