Thermon Corporate Presentation
Thermon's Strategic Pillars
Profitably Grow
Installed Base
•
•
Apply industry leading process
heating technology to solve the
world's most difficult thermal
engineering problems
Support ongoing customer
operations with upgrades,
.
•
Decarbonization,
Digitization and
Diversification
Diversify end market exposure
Industry leading controls and
Disciplined Capital
Allocation
•
monitoring to digitize and optimize
maintenance
•
Leverage existing Thermon
solutions and new product
development to meet needs of
•
customers focused on
decarbonization and electrification
Invest in technology and people to
drive organic growth
Prioritize inorganic growth
opportunities that exceed WAAC by
year 3 and debt paydown while
evaluating returning capital to
shareholders
Target 1.5x-2.0x Net Debt to
Adjusted EBITDA leverage under
normal operating conditions
Delivering long-term shareholder value creation
expansions and maintenance
Deliver continuous improvement to
drive margin expansion
THERMON
August 2023|7View entire presentation