TITAN Q3 Earnings Presentation
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Strategic Actions Have Elevated The Baseline
2019 AEBITDA: $38M, 3%
2018 AEBITDA: $119M, 7%
Pre-2019
Underperforming assets, inefficient supply chain
▪ Lack of optimization & operational inefficiencies
Highly-levered balance sheet
Multi-Year Strategic Transformation
1
Focus on Core
Sold underperforming
assets
Increased plant
utilization
Focus on market
niches/customers
2
Operational
Excellence
Supply chain
strengthening
Quality improvements
80/20 optimization
Operational
Excellence
Focus on
Core
3
Product
Innovation
New products
Increased market
penetration
2022 AEBITDA: $253M, 12%
2021 AEBITDA: $135M, 8%
Product
Development
& Optimization
AEBITDA
New Titan
Foundation
✓ Optimized Product Portfolio
Strong Customer Relationships
✓ Nimble Operations
✓
Stronger Financial Foundation
Significant Free Cash Flow Generation
✓ Fortified Balance Sheet
~$50M
~$25M
~$15M
AEBITDA
AEBITDA
TITAN
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