Investor Overview First Quarter 2015 NYSE: CW 1 2015 Curtiss-Wright
Curtiss-Wright Corporation 2.3 billion in 2015E sales Global, diversified industrial company Leadership positions in providing highly growing markets engineered products Enhancing safety, reliability and services to and…
2014 Highlights 330 bps improvement in Operating Margin to 12.6%(1) 19% growth in Earnings per Share 300 bps improvement in ROIC(1,2) Strong Free Cash Flow driving 156% conversion rate Successfully divested several non-core…
Leadership Position in Growing Markets Industrial: On- and off-road commercial General vehicles; Industrial valves Industrial Defense (30%) (33%) Commercial Aerospace: Leverage ramp up in OEM aircraft production rates Power…
Long-Term Financial Goals 3-5% Organic Sales Growth 14% Operating Margin 12% Return on Invested Capital 100% Free Cash Flow Conversion Top Quartile Performance in our Peer Group 6 2015 Curtiss-Wright
Growth Strategies GROW OUR CORE EXPAND OUR TECHNOLOGIES ENTER NEW MARKETS 7 2015 Curtiss-Wright
Margin Expansion 14.0%+ Leveraging the benefits of 12.6% 12.5% (1) ONE Curtiss-Wright Lean Supply Chain Management 9.3% Shared Services Consolidation Operational and productivity improvement initiatives Steady organic sales…
Strong Free Cash Flow Generation 265 Dollars in millions More efficient execution and cash flow management 166 Universal focus on FCF tied to compensation Continued working capital 70 reductions as a % of sales High CapEx…
Balanced Capital Allocation Committed to steady returns to shareholders Shareholder Returns Employ free cash flow for bolt-on acquisitions Operational Internal investment Acquisitions Requirements driving sustained growth…
2015E Financial Outlook (Guidance as of February 18, 2015) FY2014 FY2015E Change vs. 2014 Pro Forma Sales 2,243M 2,280 - 2,330M 2 - 4% Operating Income 282M 303 - 312M 7 - 10% CW Margin 12.6% 13.3% - 13.4% 70 - 80 bps Diluted…
ONE Curtiss-Wright Organic Sales Growth Operating Margin Expansion Earnings and Cash Flow Working Capital Management Growth Balanced Capital Allocation Delivering Long-Term Shareholder Value 12 2015 Curtiss-Wright