Exco Technologies Limited

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Exco Technologies Limited
Investor Presentation
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Principal Businesses
Casting and Extrusion Technology
Automotive Solutions
2003 Sales
231 million
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Fiscal 2004
(6 Months)
Sales 107M Net Income
5.1M EPS 0.12
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Extrusion and Casting Technology
Transmission case for F-Series truck
Transmission case mould for F-Series truck
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Extrusion and Casting Technology
Aluminium extrusion dies
Extrusions for commercial construction
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Extrusion and Casting Technology
Multi-Slide zinc die-casting machine
Zinc die-castings
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• Extrusion and Casting Technology
• Competitive Edge
• Significant barriers to entry

• Low cost producer

• Diverse customer and product base

• Worlds largest in product niche

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• Extrusion and Casting Technology
• Opportunities For Growth
• Automakers strive for fuel efficiency

• Extrusion tooling market share less than 15

• Consolidation of aluminium extruders

• Market for magnesium die-cast machine

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Automotive Solutions
Storage, Restraint Systems and Interior Components
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Automotive Solutions
Cargo Systems
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Automotive Solutions
Painted Laser Etched Components
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• Automotive Solutions
• Competitive Edge
• Low-cost producer Mexican and Moroccan facility

• Niche product line

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Automotive Solutions Opportunities for Growth
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• Corporate Culture
• Divisions run as profit centres

• Plant Managers bonus tied to plant profit
  performance

• Employees are shareholders

• Highly skilled and union-free workforce

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• Corporate Governance
• Independent Board of Directors

• One class of common shares

• Majority of stock options are purchased

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• Dividend Policy
• Annual dividend of 0.05 per share

• Demonstrates confidence in future

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Sales
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Net Income
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Sales 230.5 213.1 Net
income 16.7 16.8 EBITDA 44.0 43.4 Cash
flow from operations 32.2 32.0 EPS diluted
0.40 0.42
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Sales 107.5 110.6 Net
income 5.1 8.3 EBITDA 15.2 21.4 Cash
flow from operations 12.1 15.6 EPS diluted
0.12 0.20
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Shareholders equity 143.7
Debt to equity ratio .211

• Financial position strong, YTD free cash flow

• Favourable rate environment

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Return on Capital Employed (1)

• 2003 18
• Excellent return
• (1) Calculated as EBIT divided by shareholders
  equity plus total debt

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EBITDA margin 19 20 20 25 27

• Exceptional margins

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• Foundation for Growth
• Outstanding long-term financial trends

• New products and new markets

• Investment in technology and capacity