Driving Forward Together slide image

Driving Forward Together

Toromont Industries Ltd. TIH (TSX) TIH is a diversified growth company that serves its shareholders and customers through several well-established, market-leading businesses, underpinned by a strong financial foundation These businesses are grouped under two growth platforms: EQUIPMENT GROUP THE TOROMONT CAT BATTLEFIELD CAT Rental TOROMONT ENERGY STORE TOROMONT SITECH® Material Handling CIMCO TOROMONT CIMCO CORPORATE Incorporated 1963 Canadian Public Company 1967 Cat dealer in Ontario 1993 Cat dealer in Newfoundland Labrador 1996 Battlefield Rental first store acquired 1996 Cat dealer in Manitoba 2001 Business bifurcation 2011 Cat dealer in Quebec & the Maritimes 2017 Employees: > 6800 Locations: > 160 in Canada & USA Toromont Material Handling 3% Annual Revenue Splits for Fiscal Year 2022 (D) Other 3% Battlefield 13% CIMCO 9% Toromont Cat 75% CIMCO 8% Rental Services 13% Power Systems 10% Mining 23% Rental 11% Construction 43% Product Support Equipment 47% 42% MARKET (A) Share Price $110.62 ☐ Market Capitalization $9.1B ☐ Enterprise Value $9.0B Annualized Dividend per Share $1.72 Shares Outstanding - basic 82.35M DBRS Rating A(low) FINANCIAL (B) Q3 YTD FY '22 FY '21 ☐ Revenues $3.4B $4.2B $3.9B ☐ Net Earnings $375M $454M $333M ☐ Basic EPS ROCE (C) ☐ Net Debt/Total Cap $4.56 $5.52 $4.03 31.5% -7% 32.3% 26.6% -14% -16% Toromont Cat diversified from Manitoba east to the Maritime provinces and most of Nunavut; CIMCO is primarily across Canada and into the US Further diversification by Product, Sector, Customer Segment, Rental Services and Support Product Support is a significant component of the Toromont business model All amounts in Canadian dollars; see Advisory slide and www.Toromont.com for additional information (A) Equity related items include market share data as at Sept 30, 2023; Debt and shares outstanding as at Sept 30, 2023; dividend at the most recently approved annualized rate ($0.43/quarter starting April 2023) (B) As reported for periods shown; Continuing Operations only for 2023. (C) See Annual and Quarterly disclosures in sections titled "Additional GAAP Measures and No-GAAP Measures" (D) Revenue splits for 12 months ending December 31, 2022; splits have varied due to pandemic related factors and business cycles. Reported on continuing operations basis; AgWest disposition reported Q2 2023. TOROMONT DRIVING FORWARD TOGETHER ALLER DE L'AVANT ENSEMBLE 3
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