Park-Ohio Holdings Corp. Fourth Quarter 2023 Earnings Call Presentation Forward-Looking Statements and Non-GAAP Measures Record net sales from continuing operations of $1.7 billion, up 11% YOY, and record net sales in each business segment March 6, 2024 These slides contain forward-looking statements, including statements regarding future performance of the Company, that are subject to known and unknown risks, uncertainties and other factors that may cause our actual results, performance and achievements, o ...

"Our team delivered strong growth of 11% during 2023 even with the adverse impact of the UAW strikes during the fourth quarter. These results represented record revenue for our business in total and for every business segment. Additionally, gross margin increased more than 200 basis points over 2022, and operating cash flow exceeded $53 million, which was used to grow our business and reduce debt. Our strong performance is a testament to the hard work of our teams and strong positioning in the market of our ...

Park-Ohio Holdings Corp. (NASDAQ:PKOH) Q3 2023 Earnings Conference Call November 2, 2023 10:00 AM ET Company Participants Matthew Crawford - Chairman, Chief Executive Officer and President Patrick Fogarty - Vice President and Chief Financial Officer Conference Call Participants David Storms - Stonegate Capital Markets Christian Zyla - KeyBanc Capital Markets Operator Good morning, and welcome to the Park-Ohio Third Quarter 2023 Results Conference Call. [Operator Instructions] Today's conference is also reco ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 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: 000-03134 Park-Ohio Holdings Corp. (Exact name of registrant as specified in its charte ...

Park-Ohio Holdings Corp. (NASDAQ:PKOH) Q2 2023 Earnings Conference Call August 3, 2023 10:00 AM ET Company Participants Matthew Crawford - Chairman, President and Chief Executive Officer Pat Fogarty - Chief Financial Officer Conference Call Participants Steve Barger - KeyBanc Capital Markets Yilma Abebe - JPMorgan Dave Storms - Stonegate Operator Good morning and welcome to the ParkOhio Second Quarter 2023 Results Conference Call. [Operator Instructions] Before we get started, I want to remind everyone that ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 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: 000-03134 Park-Ohio Holdings Corp. (Exact name of registrant as specified in its charter) | ...

Financial Data and Key Metrics Changes - Consolidated net sales from continuing operations were $423 million, up 18% compared to $358 million in the first quarter of last year and up 11% sequentially from the fourth quarter of 2022 [21] - Gross margins from continuing operations improved to 15.8%, compared to 14.2% last quarter and 13.3% a year ago, marking the highest margin level since Q4 2019 [21] - GAAP EPS from continued operations was $0.61 per diluted share, more than double the $0.30 in the first quarter of last year, while adjusted EPS was $0.72 compared to $0.51 a year ago [22] - Operating income from continuing operations was $20.2 million, significantly up from $5.4 million in the first quarter of last year [84] Business Segment Data and Key Metrics Changes - In the Supply Technologies segment, net sales were $196 million, up 16% from $169 million a year ago and $181 million last quarter, with average daily sales up 17% year-over-year [5] - The Assembly Components segment saw sales increase to $110 million, a 13% rise from $98 million a year ago, with operating income significantly improving to $7.3 million from a loss of $400,000 [13] - The Engineered Products segment reported sales of $117 million, up 29% compared to $91 million a year ago, with operating income rising to $5 million from $1.8 million [24][25] Market Data and Key Metrics Changes - Strong customer demand was noted across all segments, particularly in end markets such as power sports, heavy-duty trucks, industrial and agricultural equipment, and civilian aerospace [23] - Backlog as of March 31 was $175 million, an increase of 7% compared to the end of last year, indicating consistent order levels expected throughout the year [87] Company Strategy and Development Direction - The company continues to focus on improving operating margins through price increases and operational improvements, including the launch of a new rubber mixing facility [6] - Strategic investments are being made in megatrends such as onshoring, infrastructure, defense spending, and green energy, which are expected to positively impact the company over the next few years [20] - The company is committed to its General Aluminum business, investing $8 million in the first quarter to support its long-term prospects [12][69] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about strong demand and backlogs, despite ongoing supply chain uncertainties and inflation [3][20] - The company expects revenue growth for the full year 2023 to be in the range of 5% to 10%, with a bias towards the high end of the range [7] - Management acknowledged that while supply chain issues have improved, there are still challenges related to inventory management and cost structures [43][76] Other Important Information - Interest expense totaled $10.7 million, up from $7.1 million a year ago, primarily due to higher interest rates and increased borrowings [4] - SG&A expenses increased to $45 million from $40 million a year ago, attributed to higher selling expenses and inflation [11] - The company expects free cash flow for the full year to be in the range of $30 million to $40 million, indicating positive operating cash flow [53][85] Q&A Session Summary Question: Can you talk about the inventory dynamics across the portfolio? - Management noted that while there are signs of destocking in some areas, overall demand remains strong, and they are better managing supply chain challenges [27][38] Question: What are you seeing on the pricing front now that inflation is starting to moderate? - Management indicated that there is tension in the marketplace regarding pricing, as some customers seek relief while the company continues to address labor costs and other indirect expenses [45][72] Question: How should we think about working capital this year? - Management expects to see a reduction in working capital days and aims for free cash flow to be positive, indicating improved cash management [63][78] Question: What impact do you expect from mega projects related to infrastructure and electric vehicles? - Management acknowledged increased opportunities from these projects but noted it is challenging to model their direct impact on the business [54][79]

Park-Ohio Holdings Corp. First Quarter 2023 Earnings Call Presentation May 4, 2023 Forward-Looking Statements and Non-GAAP Measures These slides contain forward-looking statements, including statements regarding future performance of the Company, that are subject to known and unknown risks, uncertainties and other factors that may cause our actual results, performance and achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied b ...

(Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Table of Contents For the quarterly period ended March 31, 2023 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 or Form 10-Q ☐ 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: 000-03134 Park-Ohio Holdings Corp. (Exact name of registrant as specified in its charter) | ...

Park-Ohio Holdings Corp. (NASDAQ:PKOH) Q4 2022 Earnings Conference Call March 16, 2023 10:00 AM ET Company Participants Matthew Crawford - Chairman, President and CEO Patrick Fogarty - VP and CFO Conference Call Participants Yilma Abebe - JPMorgan Dave Storms - Stonegate Capital Markets Steve Barger - KeyBanc Capital Markets Operator Good morning. Welcome to the Park-Ohio Fourth Quarter and Full Year 2022 Results Conference Call. At this time, all participants are in a listen-only mode. After the presentati ...