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October 23, 2008 EMCOR Group, Inc. QUARTER THREE 2008.

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Presentation on theme: "October 23, 2008 EMCOR Group, Inc. QUARTER THREE 2008."— Presentation transcript:

1 October 23, 2008 EMCOR Group, Inc. QUARTER THREE 2008

2 EMCOR Participants Frank MacInnis Chairman & Chief Executive Officer
Tony Guzzi President & Chief Operating Officer Mark Pompa EVP & Chief Financial Officer Mava Heffler VP, Marketing & Communications Sheldon Cammaker EVP & General Counsel Kevin Matz EVP, Shared Services Slide 2

3 Key Financial Data – Income Statement
($ Thousands, except share and per share information) (Unaudited) * Reflects 2 for 1 Stock Split – July 9, 2007 Slide 3

4 Key Financial Data – Income Statement
($ Thousands, except share and per share information) (Unaudited) * Reflects 2 for 1 Stock Split – July 9, 2007 Slide 4

5 2008 – Qtr. 3 – Record Results Revenues up 14.6% (organic 8.0%) to record $1.7 billion Continued strong demand in U.S. Construction and Facilities Services U.S. Facilities Services up 38% due in part to refinery services and Mechanical Services acquisitions U.S. Electrical Construction and Facilities Services up 27% Operating income up 43.2% to a record $78.6 million Operating margin record 4.6% U.S. Electrical Construction and Facilities Services OI% 7.5% International businesses OI% 2.5% vs % Slide 5

6 2008 – Qtr. 3 – Record Results Income from continuing operations up 31.2% to a record $48.6 million $0.72 per diluted share vs. $0.55 YTD cash flows from operations $199.7 million Balance sheet cash $340.8 million Stockholders’ equity $1.0 billion Slide 6

7 Key Financial Data – Balance Sheet
($ Thousands) Slide 7

8 Backlog Commercial Hospitality Industrial Healthcare Institutional
($ Millions) Commercial Hospitality Industrial Healthcare Institutional Transportation Water & Wastewater Slide 8

9 Recent Awards NYS DOT Wantagh Parkway – Wantagh, NY
Ogilvy & Mather – New York, NY University of Wisconsin, School of Medicine – Madison, WI North American Stainless – Ghent, KY Hard Rock South Tower – Las Vegas, NV Atchison Hospital – Atchison, KS Harvard University – Cambridge, MA Slide 9

10 Growth & Profitability of U.S. Facilities Services
Revenues ($ Millions) Operating Income ($ Millions) Operating Income % Full Year Qtr. 3 YTD Full Year Qtr. 3 YTD Full Year Qtr. 3 YTD Slide 10

11 2nd Half 2008 Outlook Revenues & Margin Expansion
(+) U.S. Facilities Services Growth – Ohmstede – Mechanical Services (+) High quality of earnings / $199.7M cash flows from operations YTD Backlog Level - $4.42 billion (+) Balance among market sectors (–) Commercial & Hospitality down 27% from 9/30/07 (+) Healthcare, Transportation, Industrial, Water & Wastewater, Institutional up 24% from 9/30/07 (+) Healthcare, Transportation, Industrial, Water & Wastewater, Institutional – 62% International Operations (+) Canada & UK businesses stable & profitable Slide 11

12 2008 Guidance Slide 12

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