Sidoti Deck
NN
New Business Wins: $37M Q3 YTD Gross
2023 YTD New Business Wins (NBW): Driving Momentum
Over 60 program awards in steering systems, electric motors, commercial
vehicles, passenger vehicles, air bag systems, battery management, defense,
and vehicle sensors
Balancing portfolio across power trains (ICE, Hybrid, BEV) within vehicle
businesses and increasing emphasis on Power segments
■ Balancing between new and existing customers
Transformation Underway to Increase Amount of New Wins
Leveraging existing capabilities and open capacity for more wins
Expanding team, knowhow, and pipeline in key targeted areas:
NBW Annual Peak Value
$33
Q3'22 YTD
(millions)
$37
Q3'23 YTD
☐
•
Connector EMI shielding
•
Electric power steering system components
•
Power markets
Expanding medical market participation
.
Hired a North America sales lead and getting immediate requests for
quote; matching current capabilities with limited investment
Prioritizing speed and agility and seeing early signs of success
NN Inc., Sidoti Deck | November 2023
Primary NBW Market Segments YTD
Electrical Steering
(millions)
$14.3
Diesel Injection
$6.8
Electric Motors
$4.1
Air Bag System
Fuel Systems
$2.5
$2.1
Battery Management
$2.1
Defense
$1.0
Sensors
$1.0
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