Attached files
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| 8-K - METHODE ELECTRONICS, INC. FORM 8-K, DATED DECEMBER 5, 2013 - METHODE ELECTRONICS INC | a8-kpressrelease120513xrev.htm |
$800 $735 $520 $465 $428 $373 $776$768 $86$77 $67 Future Revenue Growth* Revenues may vary 15% to 20% based on economic conditions, customer demand and other factors Based on LMC Automotive production estimates, customer forecasts and other data Excludes any future acquisitions Excludes transmission torque sensor opportunities from Magneto Elastic technology Fiscal 2014 revenue represents mid-point of current guidance range Opportunities include pending automotive wins, sales from new products, and current opportunities in non-automotive business $77M in FY16 carries over and increases to $86M in FY17 $67M in FY17 represents additional opportunities 900 800 $1,000 700 600 500 400 300 200 100 0 Base + Booked $929 2017F 2016F $845 2015F 2014F 2013A 2012A 2011A 2010A *This revenue chart contains forward-looking information which reflects management's current expectations regarding future events and operating performance and speaks only as of December 5, 2013. These forward-looking statements are subject to the safe harbor protection provided under the securities laws. Methode undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in Methode's expectations on a quarterly basis, annual basis or otherwise. Methode’s ability to achieve the revenues reflected in the chart above will be subject to a number of risks and uncertainties. A number of factors that could cause actual results to differ materially from these expectations are detailed in Methode's annual and quarterly filings with the Securities and Exchange Commission. Such factors may include, without limitation, the following: (1) the demands of a small number of large customers, including two large automotive customers; (2) economic conditions in the automotive, appliance, computer and communications industries; (3) timing and cost of new program launches; (4) the accuracy of volume projections regarding certain makes and models of automobiles and other products; (5) the ability to win new business; (6) the ability to compete effectively and withstand price pressure; and (7) recovery of the European economy. Revenue in millions of USD as of December 5, 2013 ~16% CAGR Opportunities (represent multi- year awards)