Finning International Inc. · TSX:FTT

Finning International — Q2 2013 Earnings Presentation

10 slides from Finning International's earnings presentation, Aug 8, 2013

  1. Slide 1: Q2 2013 Investor Call

    Q2 2013 Investor Call August 8, 2013

  2. 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

  3. Slide 3: Q2 2013 Investor Call – Scott Thomson, President and CEO

    Q2 2013 Investor Call Scott Thomson, President and CEO August 8, 2013

  4. Slide 4: Q2 2013 Investor Call – Anna Marks, SVP and Corporate Controller

    Q2 2013 Investor Call Anna Marks, SVP and Corporate Controller August 8, 2013

  5. Slide 5: Q2 2013 Results

    Q2 2013 Results C$ millions Q2 2013 Q2 2012* % change Revenue 1,620 1,764 (8) Gross profit 513 509 1 GP margin 31.7% 28.9% SG&A (392) (391) (0) SG&A as % of revenue (24.2)% (22.1)% Equity earnings 4 3 Other income (expenses) (2) (1) EBIT 123 120 2 EBIT margin 7.6% 6.8% Net income 83 79 5 Basic EPS 0

  6. Slide 6: Q2 2013 Results – Sequential Review

    Q2 2013 Results – Sequential Review C$ millions Q2 2013 Q1 2013 % change Revenue 1,620 1,560 4 Gross profit 513 498 3 GP margin 31.7% 32.0% SG&A (392) (382) (3) SG&A as % of revenue (24.2)% (24.5)% Equity earnings 4 3 Other income (expenses) (2) (2) EBIT 123 117 5 EBIT margin 7.6% 7.5% Net income 83

  7. Slide 7: Canada – Q2 2013

    Canada – Q2 2013 C$ millions Q2 2013 Q1 2013 % change Revenue 768 756 2% Operating costs (681) (676) (1%) Depreciation/amortization (28) (26) Equity earnings in JV 2 3 EBIT 61 57 8% EBIT margin 7.9% 7.5%  Similar revenue mix  Improved service margins at OEM due to operating efficiencies  Lower SG

  8. Slide 8: FINSA – Q2 2013

    FINSA – Q2 2013 C$ millions Q2 2013 Q1 2013 % change Revenue 629 613 3% Operating costs (549) (537) (2%) Depreciation/amortization (18) (17) Other expenses (2) (2) EBIT 60 57 4% EBIT margin 9.5% 9.3%  Revenue mix shifted to product support  Lower EBIT contribution from expanded mining product line

  9. Slide 9: UK and Ireland – Q2 2013

    UK and Ireland – Q2 2013 C$ millions Q2 2013 Q1 2013 Q2-13/Q1-13 Revenue 224 191 17% Operating costs (203) (172) (18%) Depreciation/amortization (8) (9) EBIT 13 10 23% EBIT margin 5.7% 5.4%  Solid performance in a tough market  SG&A cost control  Revenue growth from seasonally low Q1 9

  10. Slide 10: Q2 2013 Investor Call – Juan Carlos Villegas, EVP and COO

    Q2 2013 Investor Call Juan Carlos Villegas, EVP and COO August 8, 2013

Finning International — Q2 2013 Earnings Presentation on 6ix