EX-99.1 2 ex99-1.htm SLIDE PRESENTATION ex99-1.htm
 
 

 
This presentation and discussion may contain forward-looking statements
regarding the future performance of the Company, including representations
about the Company's future financial performance, market conditions, the
long-term growth prospects of the Company and its markets, opportunities
for market share gains and acquisitions and performance of companies in
Astec's markets. These forward-looking statements reflect management’s
beliefs and assumptions.  They are not guarantees of performance and are
therefore subject to risks and uncertainties. The information in this
presentation is not an update or reaffirmation of previously disclosed
information. Future events and actual results could differ materially from
those expressed in or implied by the forward-looking statements. Factors
that could cause future events or actual results to differ materially from the
Company’s expectations include uncertainty in the economy, rising oil and
liquid asphalt prices, rising interest rates, changes in highway funding
availability, the timing of large contracts, production capacity, changes in
size and mix of backlog, seasonality and cyclicality in operating results,
seasonality of sales volumes, demand for the Company's products,
competitive activity and those other factors listed from time to time in the
Company’s reports filed with the SEC.
 
 

 
Company Statistics as of 6-30-2009
 3,357 Employees
 16 Companies
 17 Manufacturing Plants Plus 14 Sales/Service
 Facilities
 2.7 Million Sq. Ft. of Office and Manufacturing Space
 50 States Served
 144 Countries Shipped
 180 Products Built
 
 

 
 Maintain profitability and positive cash flow for
 2H09 and 2010.
 Manage expenses in conjunction with market
 conditions.
 Develop new products to facilitate organic
 growth and utilize facilities.
 Acquisitions - Consider Synergistic Bolt-on
 Acquisitions.
 Prepare to return to growth as market conditions
 improve.
Strategic Objectives
 
 

 
 Federal Highway Funding
 Infrastructure Stimulus Package
 International Business & U.S. Dollar
 State Budgets
 Use of Recycle
 Oil Prices
 Steel Prices
 Customer Confidence
2009 Drivers
 
 

 
Telsmith, Inc.
Mequon, Wisconsin
Kolberg-Pioneer, Inc.
Yankton, South Dakota
Johnson Crushers International, Inc.
Eugene, Oregon
Breaker Technology Ltd.
Thornbury, Ontario, Canada
Astec Mobile Screens, Inc.
Sterling, Illinois
Osborn Engineered Products SA (Pty) Ltd
Johannesburg, South Africa
Aggregate and Mining Group
 
 

 
Aggregate and Mining Group
Telsmith
Kolberg-Pioneer
Johnson Crushers
Breaker Technology
Astec Mobile Screens
Osborn Engineered
 
 

 
Telsmith, Inc.
 
 

 
Telsmith, Inc.
 
 

 
Kolberg-Pioneer, Inc.
 
 

 
Kolberg-Pioneer, Inc.
 
 

 
Johnson Crushers International, Inc.
 
 

 
Breaker Technology Ltd.
 
 

 
Astec Mobile Screens, Inc.
 
 

 
Osborn Engineered Products SA (Pty) Ltd
 
 

 
Astec, Inc.
Chattanooga, Tennessee
Dillman Equipment - a division of Astec, Inc.
Prairie du Chien, Wisconsin
Heatec, Inc.
Chattanooga, Tennessee
CEI Enterprises, Inc.
Albuquerque, New Mexico
Asphalt Group
 
 

 
Asphalt Group
Astec
Heatec
CEI
Dillman
Astec Rossville Building
 
 

 
Astec, Inc.
 
 

 
Astec, Inc. (Dillman Equipment, a division of Astec, Inc.)
 
 

 
Heatec, Inc.
 
 

 
CEI Enterprises, Inc.
 
 

 
Roadtec, Inc.
Chattanooga, Tennessee
Carlson Paving Products, Inc.
Tacoma, Washington
Mobile Asphalt Paving Group
 
 

 
Mobile Asphalt Paving Group
Roadtec
Carlson Paving Products
Roadtec Riverside Building
 
 

 
Roadtec, Inc.
 
 

 
Roadtec, Inc.
 
 

 
Carlson Paving Products, Inc.
 
 

 
Astec Underground, Inc.
Loudon, Tennessee
American Augers, Inc. 
West Salem, Ohio
Underground Group
 
 

 
Underground Group
Astec Underground
American Augers
 
 

 
Astec Underground, Inc.
 
 

 
American Augers, Inc.
 
 

 
American Augers, Inc.
 
 

 
Peterson Pacific Corp.
Eugene, Oregon
Astec Australia Pty Ltd 
Sumner Park, Australia
Other Group
 
 

 
Other Group
Peterson Pacific
Astec Australia
 
 

 
Peterson Pacific Corp.
 
 

 
Astec Australia (Pty) Ltd
 
 

 
Green & More Sustainability
How do we do that?
 
 

 
Solutions
 Increase RAP to 50%
 without affecting quality and life of mixes
 
 

 
Recycling Asphalt Pavement
Removal of Old
Pavement
Processing of
Recycle
Converting to
Warm Mix Asphalt
Remixing & Paving
the New Road
 
 

 
Removal of Old Pavement
Recycling Asphalt Pavement
 
 

 
Processing Reclaimed Asphalt Pavement (RAP)
Recycling Asphalt Pavement
 
 

 
Converting to Warm Mix Asphalt
Recycling Asphalt Pavement
 
 

 
Recycling Asphalt Pavement
Burn Less Fuel
 
 

 
  By Milling & Recycling - 100% of the
  material can be re-used
  Reduce oil consumption by 80,000,000
  bbl/year…approximately 7 days of
  imported oil
Recycling Asphalt Pavement
 
 

 
Remixing and Paving the Road
Recycling Asphalt Pavement
 
 

 
-WMA-
-HMA-
 
 

 
Solutions
 Increase RAP to 50%
 without affecting quality and life of mixes
 Increase the use of Tear-Off Shingles
 without affecting quality and life of mixes
 
 

 
Asphalt Roofing Shingles
 
 

 
 
 

 
Adjusted to reflect continuing operations and unusual items
(in Millions, except for percentage and EPS data)
 
FY
FY
FY
FY
FY
 
2004
2005
2006
2007
2008
Net Sales
$505
$616
$711
$869
$974
Growth %
25%
22%
15%
22%
12%
GM %
20.4%
21.6%
23.7%
24.1%
24.0%
Income from Operations
$24
$40
$60
$87
$92
EPS
$0.62
$1.34
$1.81
$2.53
$2.80
Historical Highlights
 
 

 
Sales
Gross Margin
Operating Segments FY 2008
 
 

 
 
 

 
 
 

 
Price Per CWT
 
 

 
Debt to Total Capitalization
 
 

 
Adjusted to reflect continuing operations
International Sales
 
 

 
Adjusted to reflect continuing operations
(In Millions)
Part Sales
 
 

 
Year-end and Interim Backlogs
(In Thousands)
Backlog
 
 

 
 Return On Capital Employed
Cash Flow on Capital Employed
 Safety
Management Compensation Metrics
 
 

 
 Strong Balance Sheet
 Positioned For Economic Conditions
 Greater International Penetration
 Significant Management Ownership
 Green Initiatives
Investment Highlights as of 6-30-09