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Vishay Precision Group PERFORMANCE THROUGH PRECISION Needham Growth Conference January 14, 2020
Vishay Precision Group
PERFORMANCE THROUGH PRECISION
Needham Growth Conference
January 14, 2020PERFORMANCE THROUGH PRECISIONSafe Harbor Statement
From time to time, information provided by us, including but not limited to statements in this report, or other statements ma de by or on our
behalf, may contain "forward -looking" information within the meaning of the Private Securities Litigation Reform Act of 1995. Su ch
statements involve a number of risks, uncertainties, and contingencies, many of which are beyond our control, which may cause actual
results, performance, or achievements to differ materially from those anticipated.
Such statements are based on current expectations only, and are subject to certain risks, uncertainties, and assumptions. Sho uldone or
more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary m aterially from
those anticipated, expected, estimated, or projected. Among the factors that could cause actual results to materially differ include:
general business and economic conditions; difficulties or delays in identifying, negotiating, and completing acquisitions and integrating
acquired companies (including Dynamic Systems Inc.); the inability to realize anticipated synergies and expansion possibilities; difficulties in
new product development; changes in competition and technology in the markets that we serve and the mix of our products requi redto
address these changes; changes in foreign currency exchange rates; political, economic and military instability in the countr iesin which we
operate; difficulties in implementing our ERP system, and the associated impact on manufacturing efficiencies and customer sa tisfaction;
difficulties in implementing our cost reduction strategies, such as underutilization of production facilities, labor unrest o r legal challenges to
our lay -off or termination plans, operation of redundant facilities due to difficulties in transferring production to achieve ef ficiencies;
significant developments from the recent and potential changes in tariffs and trade regulations; and other factors affecting ouroperations,
markets, products, services, and prices that are set forth in our Annual Report on Form 10 -K for the fiscal year ended December 31, 2018. We
undertake no obligation to publicly update or revise any forward -looking statements, whether as a result of new information, fut ure events,
This presentation includes discussion of free cash flow, adjusted gross profit and adjusted operating income and their corresponding
margins, as well as adjusted EBITDA, adjusted net earnings and adjusted diluted earnings per share. These are financial meas ures that were
not prepared in accordance with generally accepted accounting principles in the United States (non -GAAP measures). We believe t hese
non-GAAP measures provide insight into our financial performance. These non -GAAP measures are supplemental to the comparable
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