Investor Presentation December 2019 slide image

Investor Presentation December 2019

7 Summary Projected Financials Attractive Growth Profile HISTORICAL & PROJECTED ADJ. REVENUE ($M) & % GROWTH1 VERTIV HISTORICAL & PROJECTED ADJ. EBITDA ($M) & % MARGINĀ¹ 2019E-2021E: 4% CAGR 2019E 2021E: 9% CAGR $4,290 $4,411 $4,575 $4,767 $640 $595 $3,865 $3,911 $472 $500 $540 $502 2016A 2017A 2018A 2019E 2020E 2021E 2016A % GAAP NA 1.2 % 9.7 % 2.8 % 3.7 % 4.2 % 12.2% 2017A 12.8% 2018A 11.7% 2019E 12.2% 2020E 13.0% 2021E 13.4% % Margin Growth NA 0.9 % 4.8 % 5.2 % 4.7 % 4.2 % % Org. Growth 2 ADJ. OPERATING INCOME ($M) & % MARGIN 1,3 2019E 2021E: 10% CAGR $ 557 $ 511 $ 443 $ 433 $ 465 $ 427 ADJ. EBITDA LESS CAPEX ($M) & % SALES 1,5 2019E 2021E: 8% CAGR $ 575 $ 438 $ 456 $ 458 $ 494 $ 470 $ 530 $ 520 $ 397 4 2016A 11.5 % 2017A 11.1 % 2018A 10.0 % 2019E 10.5 % 2020E 11.2 % 2021E 11.7 % % Margin 2016A 92.8% 2017A 91.1% 2018A 2019E 91.1% 91.5% 2020E 89.1% 2021E 89.8% % Conv. Source: Management estimates Note: See "Non-GAAP Financial Measures" and "Additional Financial Information" beginning on slide 38 of the Appendix. 2 Delta between reported growth and organic growth removes FX impact as determined by management and the impact of acquisitions. 3 Excludes amortization of acquired intangibles. 4 2016 capex based on September FYE. 5 Adjustments in years 2018, 2019, and 2020 for one-time digital transformation and operational initiatives capex items. % conversion based on core capex. 23
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