Helios Technologies, Inc. (NYSE:HLIO) Q2 2021 Earnings Conference Call August 10, 2021 9:00 AM ET Company Participants Tania Almond - VP, IR and Corporate Communications Josef Matosevic - President and CEO Tricia Fulton - CFO Conference Call Participants Mig Dobre - Robert W. Baird Operator Greetings. Welcome to Helios Technologies Second Quarter 2021 Financial Results Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation ...

Helios Technologies, Inc. (NYSE:HLIO) Q1 2021 Results Earnings Conference Call May 11, 2021 9:00 AM ET Company Participants Tania Almond - Vice President, Investor Relations and Corporate Communications Josef Matosevic - President and CEO Tricia Fulton - Chief Financial Officer Conference Call Participants Nathan Jones - Stifel Mig Dobre - Baird Josh Pokrzywinski - Morgan Stanley Jeff Hammond - KeyBanc Capital Markets Operator Greetings. And welcome to Helios Technologies First Quarter 2021 Financial Result ...

Growth Strategy - The company plans to develop new products and undertake acquisitions as part of its growth strategy[79] - The company intends to expand its presence in existing markets and enter new markets, which may require substantial capital investment[99] - The company aims to achieve $1 billion in sales through organic growth and acquisitions, targeting operating margins in excess of 20%[189] - Recent acquisitions include Balboa Water Group in November 2020, enhancing the company's electronic control technology capabilities[197] - The company continues to invest in product development, including the FLeX series of electro-hydraulic cartridge valves and the ACE™-configurable MCx controllers[194][195] Financial Performance - For the fiscal year ended January 2, 2021, net sales were $523.04 million, a decrease of 5.7% from $554.67 million in the previous year[183] - Gross profit for the same period was $196.23 million, resulting in a gross margin of approximately 37.5%[183] - Operating income decreased to $35.41 million, down 60.7% from $90.12 million in the prior year[183] - Net income for the fiscal year was $14.22 million, a decline of 76.6% compared to $60.27 million in the previous year[183] - The total assets increased to $1.30 billion, up from $1.02 billion in the prior year, reflecting a growth of 27.0%[183] - Total debt rose to $462.39 million, an increase of 54.0% from $300.39 million in the previous year[183] Market Risks - Economic downturns have historically had a material adverse effect on the company's business and results of operations, as seen in 2009[82] - The company is subject to various risks related to health epidemics, including the ongoing COVID-19 pandemic, which may adversely impact operations and financial position[91] - The potential impacts of Brexit may adversely affect business activity and economic conditions in the UK and EU, contributing to instability in financial markets[84] - The company faces significant risks related to international sales, including political and economic conditions, regulatory changes, and currency fluctuations[141] - The company is exposed to currency fluctuations that may affect its operating results and financial condition[126] Operational Challenges - The company faces risks in successfully acquiring or integrating companies that provide complementary products or technologies[101] - The company may incur significant costs related to future acquisitions, including transaction fees and integration costs[103] - The company may face increased costs and operational challenges due to evolving environmental, health, and safety regulations[96] - Disruptions in the supply chain or logistics could result in lost sales and harm to the company's reputation[118] - The company is exposed to risks from increased IT security threats, which could compromise data integrity and operational efficiency[145] Competition and Market Position - The company faces intense competition in both the Hydraulics and Electronics segments, with competitors having superior technological capabilities and financial resources[105] - Future sales prospects depend on customer acceptance of the company's products as alternatives to internally developed products[107] - The company must maintain investment in research and development to keep pace with technological changes, particularly in the Electronics segment[112] Compliance and Legal Risks - The company is exposed to risks of non-compliance with numerous countries' import and export laws, which could result in significant penalties[88] - The company is subject to various claims and investigations that could divert management's attention and incur significant expenses[149] - The company maintains product liability coverage, but there is a risk that future claims could exceed this coverage, potentially impacting liquidity and financial condition[148] - The company has a history of product liability claims and may face additional claims in the future, which could adversely affect its financial results[146] Human Resources - The company is dependent on key individuals and skilled personnel, with competition for management and engineering talent being intense[144] Tax and Regulatory Environment - Changes in tax rates and regulations could adversely impact the company's financial results[130] - The effective tax rate for 2020 was 40.9% after accounting for non-deductible goodwill impairment, compared to 20.0% in 2019[229] - The company recognizes and measures uncertain tax positions in accordance with ASC 740, reporting liabilities for unrecognized tax benefits[261] Cash Flow and Financing - Net cash provided by operating activities increased by $18.1 million, or 20.0%, totaling $108.6 million for the year[238] - Cash used in investing activities increased by $213.5 million, primarily due to the acquisition of Balboa, which accounted for $217.0 million[241] - Cash provided by financing activities totaled $137.7 million, compared to cash used of $71.7 million in the previous year[242] - As of January 2, 2021, total contractual obligations amounted to $624.4 million, with significant payments due in the near term[248] - As of January 2, 2021, the company had $255.9 million in borrowings outstanding under the revolving credit facility and $200.0 million under the term loan[269] Asset Management - The company operates a total of 2,242 thousand square feet in the Hydraulics segment, with 1,233 thousand square feet owned and 1,009 thousand square feet leased[163] - In the Electronics segment, the company has 521 thousand square feet of operational space, with 197 thousand square feet owned and 324 thousand square feet leased[163] - Goodwill is tested for impairment annually, with the carrying value assessed at the reporting unit level[255] - The company uses a combination of market and income approach methodologies to estimate the fair value of reporting units[256] - The company does not engage in off-balance sheet financing arrangements and has no material interest in variable interest entities[264] Inflation and Economic Impact - The impact of inflation on operating results has been moderate, with no expected material impact in the future[266]

Helios Technologies, Inc. (NYSE:HLIO) Q3 2020 Earnings Conference Call November 2, 2020 9:00 AM ET Company Participants Tania Almond - Vice President of Investor Relations and Corporate Communications Josef Matosevic - President and CEO Tricia Fulton - Chief Financial Officer Conference Call Participants Jeff Hammond - KeyBanc Capital Markets Mig Dobre - Baird Josh Pokrzywinski - Morgan Stanley Nathan Jones - Stifel Joe Aiken - William Blair Operator Greetings, and welcome to Helios Technologies Third Quart ...

Tricia Fulton Chief Financial Officer Tania Almond VP, IR and Corp. Comm. www.heliostechnologies.com © 2020 Helios Technologies 1 Third Quarter 2020 Earnings November 2, 2020 Josef Matosevic President & CEO Safe Harbor Statement This presentation and oral statements made by management in connection herewith that are not historical facts are "forward‐looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934. Forward‐looking statements involve risks and uncertainties, and ac ...

Morgan Stanley 8 th Annual Laguna Conference September 17, 2020 Josef Matosevic President & CEO Tricia Fulton Chief Financial Officer www.heliostechnologies.com Nasdaq: HLIO © 2020 Helios Technologies 1 Safe Harbor Statement This presentation and oral statements made by management in connection herewith that are not historical facts are "forward‐looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934. Forward‐looking statements involve risks and uncertainties, and actual ...

Helios Technologies, Inc. (NYSE:HLIO) Q2 2020 Earnings Conference Call August 4, 2020 9:00 AM ET Company Participants Deborah Pawlowski - IR Josef Matosevic - President and CEO Tricia Fulton - CFO Conference Call Participants Jeff Hammond - KeyBanc Capital Markets Brian Drab - William Blair Mig Dobre - Baird Joe Mondillo - Sidoti & Company Adam Farley - Stifel Operator Greetings, and welcome to Helios Technologies Second Quarter 2020 Financial Results Conference Call. At this time, all participants are in a ...

Helios Technologies, Inc. (NYSE:HLIO) Q1 2020 Earnings Conference Call May 5, 2020 9:00 AM ET Company Participants Karen Howard - Investor Relations Tricia Fulton - Interim President & Chief Executive Officer Conference Call Participants Brian Drab - William Blair Jeff Hammond - KeyBanc Capital Markets Mig Dobre - Baird Jim Sheehan - SunTrust Jon Braatz - Kansas City Capital Adam Farley - Stifel Joe Mondillo - Sidoti & Company Operator Greetings, and welcome to the Helios Technologies First Quarter 2020 Fin ...

www.heliostechnologies.com © 2020 Helios Technologies 1 First Quarter 2020 Earnings May 5, 2020 Tricia L. Fulton Interim President & CEO Chief Financial Officer Safe Harbor Statement This presentation and oral statements made by management in connection herewith that are not historical facts are "forward‐looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934. Forward‐looking statements involve risks and uncertainties, and actual results may differ materially from those ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 28, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 0-21835 HELIOS TECHNOLOGIES, INC. (Exact name of registrant as specified in its charter) (State or Other Jurisdiction of Incorporation or ...