Kennametal(KMT) - 2020 Q4 - Earnings Call Presentation

Financial Performance - Q4 FY20 - Sales decreased, with organic sales declining by 33%[7, 16] - FX had a negative impact of 2%[7, 16] - Divestiture also negatively impacted sales by 2%[7, 16] - Adjusted EBITDA margin decreased by 330 bps to 17.7%[8] - Adjusted EPS was $0.15, compared to $0.84 in the prior year[8] Segment Performance - Q4 FY20 - Infrastructure segment organic sales declined by 29%[7] - WIDIA segment organic sales declined by 32%[7] - Industrial segment organic sales declined by 36%[7] Regional Performance - Q4 FY20 - AsiaPac sales declined by 24%[7] - EMEA sales declined by 34%[7] - Americas sales declined by 39%[7] Strategic Initiatives and Cost Management - The company expects approximately $180 million in total savings from actions already taken or announced[11] - Headcount is down approximately 20%[11] - Capital spending is significantly reduced in FY21 to $110M - $130M[10]