Sidoti Deck slide image

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 11
View entire presentation