BB&T Capital Markets 10 th Annual Commercial & Industrial Investor Conference March 23, 2016.

Slides:



Advertisements
Similar presentations
Investor Conference March 2001, Rio de Janeiro 1 This presentation contains statements that constitute forward-looking statements within the meaning of.
Advertisements

1 FIRST QUARTER 2009 INVESTOR CONFERENCE CALL. 2 Today ’ s Hosts Steve Romano Chairman & Chief Executive Officer Jim Baumgardner President & Chief Operating.
DRIVING GROWTH NASDAQ: HILL August 8, 2013 Second Quarter 2013 Earnings Conference Call.
Black Box Corporation 2012 East Coast IDEAS Conference June 5, 2012.
1 Thomas Weisel Partners Tech2003 Conference VeriSign Company Overview Dana Evan, CFO February 2003.
Leading engineering and expertise service company in industrial equipment segment Etteplan Oyj.
Asset Acquisition Overview US Refined Fuel Distribution November 5, 2009 – Conference Call.
SMH Capital Houston, TX February 25, Forward Looking Statement The statements made by representatives of Natural Resource Partners L.P. (“NRP”)
Second Quarter Results Ended June 30, This presentation contains statements, including statements about future plans and expectations, which constitute.
August 11, 2009 Second Quarter 2009 Earnings Review.
Second Quarter 2013 Earnings Conference Call and Webcast August 1, 2013.
Shareholder Meeting May 7, 2013 Annual Meeting of Shareholders May 7, 2013.
2014 Annual Shareholders Meeting February 26, 2014 Pursuing Growth Building Value a global diversified industrial company 1.
2012 INVESTPennsylvania Equity Conference Black Box Corporation NASDAQ OMX: BBOX.
Grattan Institute / MEI Energy Futures Event Dr Fiona Wild Vice President, Environment and Climate Change 5 March 2015 Newman, Iron Ore.
1 Dime Community Bancshares, Inc. (DCOM) FTN Research Investor Day June 9, 2004 Statements made herein that are forward looking in nature within the meaning.
Investor Conference March 2001, Rio de Janeiro. 1 This presentation contains statements that constitute forward-looking statements within the meaning.
Black Box Corporation Overview. Black Box Corporation 2 Forward-Looking Statements - Any forward-looking statements contained in this presentation are.
May 13, 2009 First Quarter 2009 Earnings Review. Highlights  First quarter 2009 net sales of $46.6 million -- within the Company’s forecasted range 
PIPER JAFFRAY COMPANIES APRIL 13, CAUTION REGARDING FORWARD-LOOKING STATEMENTS Statements contained in this presentation that are not historical.
FY09 Q3 Conference Call April 21, Forward-Looking Statement Page 1 Statements in this release that are not historical are forward-looking and are.
1 Fourth Quarter 2003 Review January 16, 2004 Speakers: Henry Meyer Jeff Weeden.
Natural Resource Partners L.P. Investor Meetings New York and Boston May 2007.
Natural Resource Partners L.P. Investor Meetings West Coast March 19-20, 2007.
ABLE LABORATORIES, INC.. Safe Harbor Statement Except for historical facts, the statements in this presentation, as well as oral statements or other written.
L Q Earnings Conference Call April 30, 2009.
This presentation contains statements that are forward looking in nature and, accordingly, are subject to risks and uncertainties. Factors that could.
First Quarter 2005 Millipore Conference Call, April 21, 2005.
Third Quarter 2012 Earnings Conference Call October 25, 2012.
Owens Corning Citigroup Industrial Manufacturing Conference March 7, 2007 NYSE: OC.
1 Fourth Quarter 2002 Review January 15, 2003 Speakers: Henry Meyer Jeff Weeden.
1 April 22, Q 2003 Earnings. 2 Safe Harbor Statement This presentation contains forward-looking statements within the meaning of the federal securities.
D.A. Davidson & Co. Financial Services Conference Lee Irving KeyCorp.
June This presentation contains statements that are forward looking in nature and, accordingly, are subject to risks and uncertainties. Factors.
Health Net, Inc. Merrill Lynch Health Services Investor Conference Merrill Lynch Health Services Investor Conference Steven P. Erwin EVP and Chief Financial.
The Power of We ™ Matt Booher VP Corporate Treasurer and Investor Relations Officer Avaya Avaya Financial Strength.
First Quarter 2002 Conference Call April 24, 2002.
SECOND QUARTER 2004 EARNINGS John A. Luke, Jr. Chairman and CEO James A. Buzzard President Peter H. Vogel, Jr. Interim Principal Financial Officer July.
Smith Barney Citigroup Small & Mid-Cap Conference May 6, 2004 Allmerica Financial Corporation Ed Parry Executive Vice President Chief Financial Officer.
Acquisition of NetBenefit (UK) Limited Analyst Conference Call June 6, 2012.
Investor Presentation November Forward Looking Statements This presentation may contain forward-looking statements which are subject to a number.
1 Conference Call 1Q12.  Reduction of 1.8% in consumption compared to 1Q11, mainly influenced by the residential class, due to lower temperature in the.
First Quarter Results Ended March 31, This presentation contains statements, including statements about future plans and expectations, which constitute.
2011 Annual Meeting. Certain statements contained herein are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933.
Q2 ‘03 Conference Call March 5, Forward-Looking Statements This presentation contains “forward-looking statements” as defined in the Private Securities.
Third Quarter Results Ended September 30, This presentation contains statements, including statements about future plans and expectations, which.
Atlas Copco Group Q2 Results July 17, Contents  Q2 Business Highlights  Market Development  Business Areas  Financials  Outlook.
The Professional’s Source for Turf Care First Quarter /29/04.
FOURTH QUARTER AND YEAR END 2012 RESULTS. The following is a Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This press.
First Quarter 2013 Earnings Conference Call April 18, 2013.
Oppenheimer Industrial Growth Conference May 14, 2014.
January 21, 2004 First Fiscal Quarter Earnings Conference.
1 3Q 2003 Earnings July 22, Safe Harbor Statement This presentation contains forward-looking statements within the meaning of the federal securities.
Fourth Quarter / Full Year Earnings 2008 Kimberly Ross Chief Financial Officer March 2, 2009.
Annual Report Alcoa Co. Dustin Leslie ACG fall A.
Supertex Acquisition February 10, Supertex Acquisition/February 2014 l Cautionary Statement: Statements about the expected timing, completion,
THIRD QUARTER 2012 RESULTS.  Year-over-year revenue growth of 5.5% to $32.0 million, at the high end range of guidance  Adjusted fully diluted EPS of.
FOURTH QUARTER AND FULL YEAR 2013 RESULTS March 13, 2014.
This presentation contains statements that are forward looking in nature and, accordingly, are subject to risks and uncertainties. Factors that could.
Sidoti Investor Forum March 24, 2009 Sidoti & Company, LLC Thirteenth Annual New York Emerging Growth Institutional Investor Forum.
Stifel Nicolaus 2017 Industrials Conference June 15, 2017.
Quarter Two 2016 July 28, 2016.
Third Quarter 2012 Earnings Conference Call October 18, 2012
First Quarter Fiscal Year 2009 Financial Results December 19, 2008
GRACO INC. 4th Quarter 2009 Earnings Conference Call Tuesday,
First Quarter Fiscal Year 2016
R.W. Baird Global Industrial Conference November 7, 2018
Fiscal 3Q’13 Earnings Presentation
4Q 2018 Earnings Presentation
October 23, 2008 EMCOR Group, Inc. QUARTER THREE 2008.
Presentation transcript:

BB&T Capital Markets 10 th Annual Commercial & Industrial Investor Conference March 23, 2016

2 BB&T Commercial & Industrial Conference Forward-Looking Statements This material and related presentation may contain certain forward-looking statements within the meaning of the Private Securities Reform Act of Any such comments are based upon information available to EMCOR management and its perception thereof, as of this date, and EMCOR assumes no obligation to update any such forward-looking statements. These forward-looking statements may include statements regarding market opportunities, market share growth, gross profit, backlog mix, projects with varying profit margins, and selling, general and administrative expenses. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Accordingly these statements are no guarantee of future performance. Such risk and uncertainties include, but are not limited to, adverse effects of general economic conditions, changes in the political environment, changes in the specific markets for EMCOR’s services, adverse business conditions, availability of adequate levels of surety bonding, increased competition, unfavorable labor productivity and mix of business. Certain of the risks and factors associated with EMCOR’s business are also discussed in the Company’s 2015 Form 10-K and in other reports filed from time to time with the Securities and Exchange Commission. All these risks and factors should be taken into account in evaluating any forward-looking statements.

3 BB&T Commercial & Industrial Conference EMCOR Group  ~29,000 employees  Leading specialty construction, building and industrial services provider  2016 estimated revenues $6.9B - $7.0B

4 BB&T Commercial & Industrial Conference Why EMCOR  Significant expertise in project execution and service delivery ̶ Excellence in managing skilled labor  Disciplined and effective cost management  Broad array of services delivered into growing / recovering end markets ̶ Platform for earnings growth  Strong and liquid balance sheet ̶ Flexibility for organic growth and acquisitions  History of consistent cash generation ̶ Cash flow ± net income

5 BB&T Commercial & Industrial Conference Leading Market Position Across all Businesses EMCOR GROUP, INC Revenue: $6.7B CONSTRUCTION SERVICES MECHANICAL CONSTRUCTION 2015 Rev: $2.3B ELECTRICAL CONSTRUCTION 2015 Rev: $1.4B BUILDING SERVICES 2015 Rev: $1.7B INDUSTRIAL SERVICES 2015 Rev: $0.9B EMCOR UK 2015 Rev: $0.4B GOVERNMENT SERVICES SITE-BASED SERVICES MOBILE MECHANICAL SERVICES

6 BB&T Commercial & Industrial Conference CONSTRUCTION – U.S. Leading Specialty Construction Contractor  Sheet Metal  HVAC  Process Piping  Fire Protection  High Purity Piping  Plumbing  Low Voltage  Voice & Data  Lighting  Security / Alarm  Transmission & Distribution  High Voltage

7 BB&T Commercial & Industrial Conference BUILDING SERVICES – U.S. Leading National Provider of Building Services  National HVAC Services  Building Control Systems  Retrofit Projects  Repair Services  Service Agreements  Operations & Maintenance  HVAC Services  Retrofit Projects  Preventative Maintenance  Energy Efficiency Upgrades  Base Operations  Facilities Management  IDIQ Projects  Operations & Maintenance  Supplier Management

8 BB&T Commercial & Industrial Conference U.S. Industrial Services  Heat Exchanger Service / Fabrication  Embedded Contracts  Turnaround Services ̶ Heat Exchangers, including HF Alky Units ̶ Fluid Catalytic Cracking Units ̶ Coking Units  Specialized Welding  Field Services  Maintenance Capital Projects Leading Provider of Refinery / Petrochemical Turnaround Services

9 BB&T Commercial & Industrial Conference Balanced Revenue Distribution Geography Source $2,212 1,246 2, $6,719 18% 35% New Construction Building Services (Incl. UK) Retrofit & Renovating 33% ($ Millions) 2015 Revenues Industrial Services 14% 94% 6% $6, $6,719 U.K. United States ($ Millions) 2015 Revenues

10 BB&T Commercial & Industrial Conference Service Revenue is Growing as a Percent of Total Revenue  2015 service revenue $3.3 billion or 49%  Recurring service revenue base under more cyclical construction business ($ Millions) $6,057 $5,037 $5,450 34% 38% 45% 48% $4,698 42% $6,425 49% ServiceConstruction 45% $6,334 $6,195 $7,000 $6,900 - $6,719

11 BB&T Commercial & Industrial Conference Backlog by Market Sector ($ Millions) CommercialHospitalityIndustrialHealthcare InstitutionalTransportationWater & Wastewater $3,634 $3,771 $2,816 $2,953 $3,618 $3,302 $3,224 $3,344

12 BB&T Commercial & Industrial Conference Backlog by Segment ($ Millions) MechanicalElectricalBuilding Services Industrial ServicesEMCOR UK $3,634 $3,771 $2,816 $2,953 $3,618 $3,302 $3,224 $3,344

13 BB&T Commercial & Industrial Conference Key Financial Data – Income Statement ($ Thousands, except per share information)

14 BB&T Commercial & Industrial Conference Key Financial Data – Balance Sheet ($ Thousands)

15 BB&T Commercial & Industrial Conference Outlook  Non-residential construction market continues to improve, expect sector to grow mid-single digits  Backlog growth positive for Domestic Construction and Building Services Segments  Building Services will benefit from continued growth in retrofit and energy savings projects  Industrial Services: ‒ Expect good Spring turnaround season ‒ Headwind in “new build” heat exchanger fabrication  Strong and liquid balance sheet

16 BB&T Commercial & Industrial Conference Guidance