Title: 21st Century Auto Body SolutionsSM
121st Century Auto Body SolutionsSM
2SAFE HARBOR STATEMENT
- Certain statements made by Noble International,
Ltd. (Noble) in this presentation and other
periodic oral and written statements, including
filings with the Securities and Exchange
Commission, may be forward-looking statements
within the meaning of the Private Securities
Litigation Reform Act of 1995. These
forward-looking statements, as well as statements
which address operating performance, events or
developments that we believe or expect to occur
in the future, including those that discuss
strategies, goals, outlook or other
non-historical matters, or which relate to future
sales or earnings expectations, cost savings,
awarded sales, volume growth, earnings or a
general belief in our expectations of future
operating results, are forward-looking
statements. The forward-looking statements are
made on the basis of managements assumptions and
estimations. As a result, there can be no
guarantee or assurance that these assumptions and
expectations will in fact occur. The
forward-looking statements are subject to risks
and uncertainties that may cause actual results
to materially differ from those contained in the
statements. Some, but not all of the risks,
include our ability to obtain future sales our
ability to successfully integrate acquisitions
changes in worldwide economic and political
conditions, including adverse effects from
terrorism or related hostilities including
increased costs, reduced production or other
factors costs related to legal and
administrative matters our ability to realize
cost savings expected to offset price
concessions inefficiencies related to production
and product launches that are greater than
anticipated changes in technology and
technological risks increased fuel costs work
stoppages and strikes at our facilities and that
of our customers the presence of downturns in
customer markets where the Companys goods and
services are sold financial and business
downturns of our customers or vendors and other
factors, uncertainties, challenges, and risks
detailed in Nobles public filings with the
Securities and Exchange Commission. Noble does
not intend or undertake any obligation to update
any forward looking statements. For more
information see www.nobleintl.com.
3World Footprint of Noble
Brantford, ONT
Warren, MI
Stow, OH
Shelbyville, KY
Silao, MEX
Adelaide, AUS
4Noble is North Americas Largest Laser Welder
2005E Market Share by Welder Revenue
Management estimates of flat blanks, excluding
tubular products
56 Reasons Why Nobles Technology is Unique
Putting the right gauge and grade of steel in the
right place
The Interrelation of these Competencies Gives
Noble a Unique Competitive Advantage in Laser
Welding
6Todays Challenges
- Rising Steel Prices
- Higher Fuel Prices
- Uncertain Economy
- Increasing CAFE Requirements
- Tighter Safety Requirements
- Stronger Global Competition
- Quality Performance Demands
7Noble Advanced Technologies
Our Solution
- Minimize
- Cost, Weight and Noise, Vibration Harshness
(NVH) - Maximize
- Strength, Safety, Fuel Economy, Quality and
Advanced Designs - Through
- Laser Welding
- Curvilinear Laser Welding Capabilities
- Exposed Bodyside Design
- Use of Advanced High Strength Steels
- Tube Capabilities
8Noble Technology Benefits
- Vehicle Related
- Reduced Steel And Related Cost
- Gross Vehicle Weight (GVW) Reduction
- Improved Fit and Finish
- NVH Reduction
- Higher Fuel Economy
- Improved Safety
- Manufacturing Related
- Reduced Assembly Complexity
- Reduced Inventory Count and Cost
- Elimination of Assembly, Stamping and Other
Operations - Reduced Material Handling
- Floor Space Savings
9Vehicle ApplicationsFront
Window Frames
Exposed Body - Car
Fuel Filler
Door Beam
Exposed Body - Truck
Cross Member
Rear Door Inner
B-Pillar
Belt Re-Enforcement
Front Door Inner
Side Sill
Shock Tower
Tubular Cross-Member
10Vehicle ApplicationsRear
Sun Roof Frame
Frame Rails
IP Beam
Crush Tip
Front Rail
Floor Pan-Curvilinear
Floor Pan - Linear
Cab Back
Hinge Pillar
Liftgate - Linear
Wheel House
Floor Pan-Curvilinear
Liftgate - Curvilinear
Skid Plate
11LWT Features
- Multi-Material
- Mild to High Strength Steels
- Multi-Diameter
- Eliminate or stretch the limits of hydroforming
- Multi-Gage
- Thickness where needed
- Multi-Featured
- Value-Added fabrication and advanced materials
- Minimal work-hardening
12Automotive Tubular Applications
Roof Rails
Cross Members
Panel Beams
Catalytic Converter Shells
Engine Cradles
Radiator Supports
Fuel Filler Tubes
Bumper Beams
Pillars
Crush Tips
Chassis Frames
Structural Beams
13- Exposed Laser Welded Body Side Outer
Conventional Method 1-pc Body Side Outer and
Reinforcements
Laser Welded Blank Method 4-pc Body Side Outer
Minimize Capital Investment
Reduce Engineering Prototype Time
Improve Material Utilization
Improve Structural Integrity
Increase Floor Space
Reduce Vehicle Weight by 6 kg
Improve NVH
Improve Fit Finish
Minimize Assembly Increase Body
Stiffness Improve Safety
14The 21st Century EvolutionEliminate Nearly Half
of Major Car BIW Parts
70
15Revolution - Noble Can Save Automakers Hundreds
of Millions per Year
16Average N.A. OEM Savings per Vehicle Utilizing
Noble Technology
- 125
- 2 Billion in Industry Savings
17Value-Added Market Potential
- 2.4 Billion
- Potential Content - 154 Per
- Vehicle
18Drive the Market
- Value Equation Selling
- Created Value Equations for all existing and new
applications - Located Noble Sales Engineers Onsite with
Customers Engineers - Strategic Marketing Focused at Multiple Levels of
Customer Organizations - Higher-Level Management Demonstrates Support for
LWBs and Drives Working-Level Decisions - Working-Level Sales Generate Actual
Implementation of More LWB Applications - Automakers Awarded Noble 75 Million in Work to
Launch in 2005 2006 (Annualized Revenue)
19The Revolution - Driving Growth
- Noble Is One of Four Body Suppliers Doing
Advanced Design Work on Upcoming Light Truck
Platform - Noble Presented 30 Different Laser Welding
Applications to Design Team 21 On Priority List - Total Material Savings in Steel Usage Ranges from
99 to 106 lbs, Saving an Estimated 15,000,000
Annually - Eliminates 11 Parts, Saving 25,000,000 to
40,000,000 Annually - Nobles Potential Value-Added Revenue 18
Million Per Year
20Driving Growth - 1st Nine Months 2005 Continuing
Operations (Excluding FAS 133 Effects
Non-Operating Charges)
9 Mos 04
9 Mos 05
EPS Diluted
1.05
1.13
21Strong Balance Sheet Liquidity
- Acquired two core business operations (Silao,
Mexico in January 2005 and LWI in January 2004)
for 19 Million in cash - Issued 40 Million in 4, 3-year Convertible
Subordinated Notes-convertible at 32 per share
22Continuing Earnings Growth(Operating Results,
Excluding Charges)
- 2005 Projected Diluted EPS of 1.52 to 1.57 on
Sales of 360 - 365 Million - EBITDA for 2005 Estimated at 34 Million to 36
Million - Capital Expenditures for 2005 Projected at 21
Million to 23 Million - Preliminary 2006 Guidance Revenue of 400 420
million, Diluted EPS of 1.67 - 1.74 - Note All projections are based on estimated
2005 North American light vehicle production of
15.8 million units