EX-99.1 2 ex99101092008.htm EXHIBIT 99.1 SLIDE PRESENTATION DATED 01/09/2008 ex99101092008.htm
January 9, 2008
 
 

 
This communication contains statements and information that constitute
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. These statements are based on Insituform’s
current expectations and are subject to a number of risks, uncertainties
and assumptions that could cause actual results to differ materially from
those described in the forward-looking statements. Risks, uncertainties
and assumptions include, without limitation, the company’s expectations
regarding the growth of its markets and the results to be achieved from its
initiatives. Insituform assumes no obligation and expressly disclaims any
duty to update the information contained herein except as required by law.
Investors are advised to review the Company’s annual, quarterly and
periodic reports filed with the Securities and Exchange Commission.
 
 

 
Agenda
Insituform world headquarters
 Company Description
 Strategic Direction
 Organizational Update
 Financial Outlook
 Conclusion
 
 

 
Company Overview
 Insituform (NASDAQ: INSU) is a
 leading provider of trenchless
 rehabilitation for water, wastewater,
 and industrial pipes
 Headquartered in St. Louis, MO
 with operations in over 40 countries
 Revenue ~ $600 million
 Market cap ~ $420 million
 Employees ~ 2,200
 
 

 
Company Overview
Insituform Blue™ project in Colorado Springs
 Ranked #1 wastewater
 specialty contractor by
 Engineering News Record
 (ENR) in 2006
 Ranked #2 behind GE in
 water industry by
 ChangeWave Alliance
 survey in 2007
 Vertically integrated to
 provide one point of
 contact from R&D to
 manufacturing to
 installation
 
 

 
Agenda
Insituform Blue™ iTAP™
 Company Description
 Strategic Direction
 Organizational Update
 Financial Outlook
 Conclusion
 
 

 
Insituform Strategy
Maximize Shareholder Value
 
 

 
Strategic Imperatives
 Diversify by Product,
 Geography and Customer
 Segment
 Optimize NAR
 Integrate and Grow Europe
 Realign Overhead
 Pursue Inorganic Growth
 
 

 
Diversify
 
 

 
Optimize NAR
iPlus™ Infusion™ Wet Out Tower
 
 

 
Integrate and Grow Europe
Insituform in Berlin, Germany
 
 

 
Realign Overhead
 Current
  Continue to reduce corporate run rate to
 increase profitability
  2007 reduced by approximately $5 million
  Identify additional low- and non-value added
 overhead through comprehensive review
 Future
  Continue to reduce total overhead to achieve
 $12 million in annualized savings
  Reinvest $4 million of savings in strategic
 imperatives to achieve $8 million in net savings
 
 

 
Pursue Inorganic Growth
Exploring growth in new areas
 Future
  Ally with, invest in, and/or
 acquire companies that offer
 
differentiated pipeline
 technologies and services
 
that are complementary to
 current distribution channel
 and/or companies that offer
 
complementary distribution
 channels
in geographic or
 customer segments where
 the Company does not
 already enjoy significant
 presence.
 Current
  Establish strong competency
 in corporate venturing
 
 

 
Agenda
 Company Description
 Strategic Direction
 Organizational Update
 Financial Outlook
 Conclusion
 
 

 
Organizational Update
 Search Committee and search firm continue to
 conduct first- and second-round interviews of
 CEO candidates
 Expect to name a new CEO in Q1 2008
 Realigned management structure to facilitate
 execution of strategic imperatives
  COO (Optimize NAR and Integrate and Grow Europe)
  CFO (Realign Overhead)
  VP - Strategic Business Initiatives (Diversify by
 Geography, Customer Segment and Product)
  VP - Marketing and Technology (Pursue Inorganic
 Growth)
  CAO (support to all imperatives)
  VP - Business Integration (Integrate Europe and
 Pursue Inorganic Growth)
 
 

 
Agenda
 Company Description
 Strategic Direction
 Organizational Update
 Financial Outlook
 Conclusion
 
 

 
Financial Outlook
 
 

 
Management Compensation
 Short-term, cash
 incentive
 compensation tied to
 corporate net income
 Long-term, non-cash
 incentive
 compensation tied to
 financial targets
 (restricted stock) and
 appreciation in stock
 price (stock options)
 
 

 
Agenda
 Company Description
 Strategic Direction
 Organizational Update
 Financial Outlook
 Conclusion