{ "docId": "019de516-69c4-73fe-935e-32c5c141fe86", "docSlug": "e3a5fc94218f2abf35107b627aaec172", "documentTitle": "Federal Signal | Investor Presentation Deck | 31 slides", "authorId": "federal-signal", "authorName": "Federal Signal", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "investor_relations", "sourceTypeLabel": "Investor relations", "presentationDate": "2023-08-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 13, "pageCount": 31, "prevPage": 12, "nextPage": 14, "slideType": "kpi_overview", "function": "summarize", "density": "overcrowded", "nDataPoints": 70, "notes": null, "elementsJson": null, "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019de516-69c4-73fe-935e-32c5c141fe86/13", "deckHref": "/decks/019de516-69c4-73fe-935e-32c5c141fe86", "deckJsonHref": "/decks/019de516-69c4-73fe-935e-32c5c141fe86.json", "deckAnchorHref": "/decks/019de516-69c4-73fe-935e-32c5c141fe86#slide-13", "components": [ { "bbox": { "h": 0.3, "w": 0.4, "x": 0.02, "y": 0.16 }, "kind": "chart", "text": "Net Sales\n2016-2022, TTM 6/30/23\nESG and SSG segments", "attrs": null, "subkind": "bar-stacked", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "00facd02-911e-4a4d-8081-e459ee1d1575", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.33, "w": 0.4, "x": 0.02, "y": 0.5 }, "kind": "chart", "text": "Orders\n2016-2022, TTM 6/30/23\nESG and SSG segments", "attrs": null, "subkind": "bar-stacked", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "3d188d25-7ed1-42fa-a06c-c7e14923db6c", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.3, "w": 0.3, "x": 0.42, "y": 0.16 }, "kind": "chart", "text": "Adjusted EBITDA Margin* (Consolidated)\n2016-2022, TTM 6/30/23", "attrs": null, "subkind": "line", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "3fb5a5d5-92c8-4169-b743-859564575c70", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.02, "w": 0.87, "x": 0.05, "y": 0.93 }, "kind": "disclaimer", "text": "*Adjusted EBITDA, Adjusted EBITDA Margin and Adjusted EPS are non-GAAP measures. See Appendix for additional information, including reconciliation to GAAP measures.", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "7d9bdc3d-3f6a-4700-9853-e76176705571", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.67, "w": 0.24, "x": 0.73, "y": 0.16 }, "kind": "list", "text": "Q2 2023 Highlights³:\nRecord net sales of $442M, up $76M, or 21%, with organic growth of $54M, or 15%\nOperating income of $59.4M, up $13.2M, or 29%\nAdjusted EBITDA* of $75.5M, up $17.3M, or 30%\nAdjusted EBITDA margin* of 17.1%, up from 15.9%\nGAAP EPS of $0.66, up $0.11, or 20%\nRecord adjusted EPS* of $0.67, up $0.14, or 26%\nRecord orders of $480M, up $67M, or 16%\nRecord backlog of $1.01B, up $212M, or 27%\nCash and cash equivalents of $49M and ~$381M of availability under credit facility\nNet debt of ~$360M⁴", "attrs": null, "subkind": "bullet", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "269320db-6e36-4adc-9fe0-d9499d36df20", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.28, "w": 0.29, "x": 0.43, "y": 0.53 }, "kind": "list", "text": "Target EBITDA Margin ranges¹\nESG: 15% - 18%\nSSG: 17% - 21% (new) ²\nConsolidated: 12% - 16%\nHistorical EBITDA margins and targets place Federal Signal in the top tier of its peer group of specialty vehicle manufacturers", "attrs": null, "subkind": "bullet", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "917b643f-ed2b-4ac1-af6e-56b27463dafc", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.08, "w": 0.54, "x": 0.43, "y": 0.84 }, "kind": "source-note", "text": "1. Underlying assumptions: Absence of extraordinary factors affecting demand from end-markets; No unusual hearing loss litigation expenses\n2. Increased SSG target margin range in March 2023 from the previous range of 15% to 18%\n3. Comparisons to Q2 2022, unless otherwise noted\n4. Net debt is a non-GAAP measure, computed as total debt of $409.2M, less total cash and cash equivalents of $48.8M", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "50324136-92ca-4c4f-934e-0a59433078ee", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.04, "w": 0.41, "x": 0.03, "y": 0.07 }, "kind": "title", "text": "Financial Overview", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "d23fefe3-ef4f-449a-b346-5f6c413a387e", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [], "frameworks": [], "arcBeats": [ { "to": 14, "from": 11, "beatId": "3a1399e1-9091-41e7-ae08-c45f4206c838", "arcName": "The Sparkline", "arcSlug": "sparkline", "beatName": "Evidence", "beatSlug": "evidence", "evidence": "Federal Signal provides evidence of its strong financial position and key strategic initiatives.", "position": 2, "confidence": 0.8, "parentBeatName": null, "parentBeatSlug": null } ], "loops": [ { "to": 14, "from": 11, "name": "Day In Life", "slug": "14-day-in-life", "bestFor": "Product demos, UX reviews, investor pitches focusing on pain points", "matchId": "9498f32a-8cce-4bd0-9ffd-11757e00f9e7", "evidence": "The presentation showcases Federal Signal's financial performance and strategic initiatives.", "position": 1, "objective": "Providing an overview of the company's operations and financial performance", "structure": "The User's Struggle -> The Intervention (Your Solution) -> The Resolved State", "confidence": 0.6, "description": "Humanize abstract data by walking through a single user's struggle and resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }