NN (NNBR) Conference presentation summary

Profitable growth and margin expansion

• Multi-year growth program targets Data Center, Defense, Medical, Electric Grid, and High-Value Vehicle Parts, driving profitable expansion and margin improvement.

• Margin increase program leverages cost reductions and a shift to higher-margin business, reducing reliance on legacy segments.

• Competitive advantage centers on delivering micron-toleranced parts at scale, supported by automation, AI, and robotics.

• 2026 guidance projects $470M in sales and $60M adjusted EBITDA (~13% margin), with $100M in new business wins.

Strategic market focus and transformation

• Five-pillar growth strategy targets Data Center, Defense & Electronics, Medical Equipment, Electric Grid, and High-Value Vehicle Parts.

• Sales mix is shifting from 65% auto in 2023 to 40% auto by Q2 2026, with non-auto segments now 60% of sales.

• Top growth markets: Data Center & Electric Grid (TTM $80M, NTM target $120M), Defense & Electronics (TTM $60M, NTM target $90M), Medical Products (TTM $15M, NTM target $40M).

Operational footprint and customer base

• Majority of sales and profits are in the US and China, aligning with Data Center industry needs.

• 16 US facilities, 4 in China, with smaller operations in Europe and Brazil; top 30 customers account for ~70% of sales.