{
  "docId": "019de517-3e91-771f-a597-94787904daa3",
  "docSlug": "e0e3437736607de3331c23853585ccf3",
  "documentTitle": "Federal Signal | Results Presentation Deck | 20 slides",
  "authorId": "federal-signal",
  "authorName": "Federal Signal",
  "documentKindSlug": "conference-presentation",
  "documentKindLabel": "Conference presentation",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2023-11-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.2938006,
  "pageNumber": 11,
  "pageCount": 20,
  "prevPage": 10,
  "nextPage": 12,
  "slideType": "kpi_overview",
  "function": "quantify_opportunity",
  "density": "overcrowded",
  "nDataPoints": 10,
  "notes": null,
  "elementsJson": null,
  "metadataConfidence": 0.9,
  "imagePath": null,
  "slideHref": "/slides/019de517-3e91-771f-a597-94787904daa3/11",
  "deckHref": "/decks/019de517-3e91-771f-a597-94787904daa3",
  "deckJsonHref": "/decks/019de517-3e91-771f-a597-94787904daa3.json",
  "deckAnchorHref": "/decks/019de517-3e91-771f-a597-94787904daa3#slide-11",
  "components": [
    {
      "bbox": {
        "h": 0.32,
        "w": 0.229,
        "x": 0.38,
        "y": 0.523
      },
      "kind": "list",
      "text": "Organic Growth Initiatives\nBenefits from recent facility/capacity investments\nAftermarket growth\nSafe Digging growth\nNew Product Development",
      "attrs": {},
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "01fb0d16-4bff-45d4-9151-c06768da1d55",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.025,
        "w": 0.889,
        "x": 0.05,
        "y": 0.273
      },
      "kind": "list",
      "text": "Introducing new Consolidated EBITDA Margin Target: 14 – 20% (increased from 12-16%)",
      "attrs": {},
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "19eb76f0-3563-4a3e-b4ec-aca696bee40b",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.025,
        "w": 0.889,
        "x": 0.05,
        "y": 0.426
      },
      "kind": "list",
      "text": "Margin targets intended to be annual, through-the-cycle targets",
      "attrs": {},
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "3d498fbe-abda-4013-b3d6-df6c6845607f",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.025,
        "w": 0.889,
        "x": 0.05,
        "y": 0.324
      },
      "kind": "list",
      "text": "Introducing new ESG EBITDA Margin Target: 17 – 22% (increased from 15-18%)",
      "attrs": {},
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "839ac9dc-6ddd-45e9-8e93-4673d4a70a33",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.025,
        "w": 0.889,
        "x": 0.05,
        "y": 0.375
      },
      "kind": "list",
      "text": "SSG EBITDA Margin Target: 17 – 21% (previously increased from 15-18% in Q1 2023)",
      "attrs": {},
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "9a7a9633-2193-4f10-8e90-2add3a885778",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.32,
        "w": 0.25,
        "x": 0.67,
        "y": 0.523
      },
      "kind": "list",
      "text": "Value-Added M&A\nAccretive M&A; focused on niche market-leading companies\nGenerate synergies by leveraging existing distribution & manufacturing capabilities",
      "attrs": {},
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "9db7d0e0-5ca4-4e18-8841-c16bf607ff21",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.09,
        "w": 0.889,
        "x": 0.05,
        "y": 0.145
      },
      "kind": "list",
      "text": "As we look ahead and consistent with the execution of our key strategic objectives of (i) operational excellence, (ii) organic growth initiatives, and (iii) value-added M&A, we are today raising our EBITDA margin targets for ESG and the Company overall",
      "attrs": {},
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "b021559b-42fa-4365-b9da-a95ee7182011",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.25,
        "w": 0.229,
        "x": 0.09,
        "y": 0.523
      },
      "kind": "list",
      "text": "Operational Excellence\nCodification of Federal Signal operating system\n80/20 philosophies\nLean initiatives",
      "attrs": {},
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "f67d6e4f-d751-4fe0-90ae-556d2d446bdd",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.016,
        "w": 0.018,
        "x": 0.909,
        "y": 0.93
      },
      "kind": "source-note",
      "text": "11",
      "attrs": {},
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "0af3374c-8909-4dfc-9b98-6de019bb8b7b",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.035,
        "w": 0.79,
        "x": 0.063,
        "y": 0.05
      },
      "kind": "title",
      "text": "CEO Remarks – Increasing Margin Targets",
      "attrs": {},
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "6e452643-ebde-4f8e-acc8-7fab7b1e7579",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "List presentation",
      "slug": "list-presentation",
      "agent": null,
      "layer": "slide",
      "matchId": "275c573e-7777-4ed3-90b5-85012523cddb",
      "evidence": "As we look ahead and consistent with the execution of our key strategic objectives of (i) operational excellence, (ii) organic growth initiatives, and (iii) value-added M&A, we are today raising our EBITDA m",
      "confidence": 0.7
    }
  ],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 12,
      "from": 8,
      "beatId": "ca1cd9b5-149c-4103-89ae-d7d5d514c14f",
      "arcName": "Monroe's Motivated Sequence",
      "arcSlug": "monroes-sequence",
      "beatName": "Satisfaction",
      "beatSlug": "monroes-sequence-satisfaction",
      "evidence": "CEO Remarks on Q3 Performance, Market Conditions, and Increasing Margin Targets",
      "position": 2,
      "confidence": 0.8,
      "parentBeatName": "Turn",
      "parentBeatSlug": "turn"
    }
  ],
  "loops": [
    {
      "to": 12,
      "from": 8,
      "name": "Hypothesis Test",
      "slug": "42-hypothesis-test",
      "bestFor": "Strategy validation, due diligence, research presentations",
      "matchId": "447de003-e516-4e2f-8294-5882014e60e5",
      "evidence": "CEO Remarks on Q3 Performance, Market Conditions, and Increasing Margin Targets",
      "position": 1,
      "objective": "CEO Remarks on Q3 Performance and Market Conditions",
      "structure": "The Hypothesis -> Test 1 (Supports/Refutes) -> Test 2 (Supports/Refutes) -> Conclusion (Validated/Pivoted)",
      "confidence": 0.6,
      "description": "State a hypothesis upfront, then systematically prove or disprove it with evidence"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}