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CTS (CTS) Investor Presentation - Slideshow
CTSCTS(US:CTS)2022-03-31 18:31

Financial Performance & Growth - CTS's last twelve months (LTM) revenue as of December 2021 was $513 million[5,6] - CTS has a long-term target of +10% Compound Annual Growth Rate (CAGR)[9] - From 2017 to 2021, CTS achieved a revenue CAGR of 4.9%, increasing from $423 million to $513 million[9,25] - Adjusted EBITDA for 2021 was $107.8 million, representing 21% of net sales[45,49] - Adjusted Diluted EPS for 2021 was $1.93[45,47] - Free cash flow conversion in 2021 was 112%[15,29] Strategic Diversification - CTS aims to diversify its revenue, targeting non-transportation end markets to exceed 50% of total revenue[10] - Non-Transportation revenue increased from 35% to 45%[10] Capital Allocation - CTS returned $118 million to shareholders since 2013[5,15] - Capital expenditure is targeted at approximately 4% of sales[36,37] - Acquisitions are planned to utilize 60-80% of free cash flow[37]