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Cooper-Standard Holdings (CPS) Investor Presentation - Slideshow
Cooper StandardCooper Standard(US:CPS)2022-03-24 14:41

Company Overview and Market Position - Cooper Standard holds leading market positions across its core product lines, including Sealing Systems, Fuel & Brake Delivery Systems, and Fluid Transfer Systems[6] - In 2021, Cooper Standard's revenue was $2.3 billion, including approximately $220 million from unconsolidated joint ventures[6] - The company's top 10 vehicle platforms account for approximately 40% of planned 2022 revenue, with an unweighted average content per vehicle (CPV) of approximately $155[11] Growth and Electric Vehicle Opportunities - Cooper Standard anticipates a CPS total sales growth of approximately 9% CAGR, expected to outpace industry projected growth[12] - The company projects approximately 50% CAGR in the EV segment, outpacing the market[16] - Electric vehicles offer a CPV growth opportunity of up to 20% compared to ICE vehicles[17] Strategic Diversification and Sustainability - The company is pursuing strategic diversification through its Advanced Technology Group, leveraging its expertise beyond the automotive industry[21, 22] - Cooper Standard is developing lightweight, recycled, and bio-based solutions to enhance its product portfolio and reduce its environmental footprint[20] Financial Position and Improvement Plan - The company has strong liquidity, with cash on hand and ABL availability sufficient to support operations and strategic initiatives[24] - Cooper Standard is targeting full recovery of material cost inflation through price negotiations and expanding index-based contracts[27] - The company is targeting a 15% reduction in above-the-plant labor costs through further global overhead and SGA&E rationalization[30]