Cooper-Standard (CPS) 8-K This presentation includes “forward-looking statements” within the meaning of U.S. federal securities laws, and we intend that such forward-looking

Cooper Standard

NYSE: CPS

Third Quarter

2013 Earnings

November 7, 2013

Exhibit 99.1

2

2

Safe Harbor

This presentation includes “forward-looking statements” within the meaning of U.S. federal securities laws, and we intend that such forward-looking

statements be subject to the safe harbor created thereby. We make forward-looking statements in this presentation and may make such statements in

future filings with the SEC. We may also make forward-looking statements in our press releases or other public or stockholder communications. These

forward-looking statements include statements concerning our plans, objectives, goals, strategies, future events, future revenue or performance, capital

expenditures, financing needs, plans or intentions relating to acquisitions, business trends, and other information that is not historical information. When

used in this presentation, the words “estimates,” “expects,” “anticipates,” “projects,” “plans,” “intends,” “believes,” “forecasts,” or future or conditional

verbs, such as “will,” “should,” “could,” or “may,” and variations of such words or similar expressions are intended to identify forward-looking statements.

All forward-looking statements, including, without limitation, management’s examination of historical operating trends and data are based upon our

current expectations and various assumptions. Our expectations, beliefs, and projections are expressed in good faith and we believe there is a

reasonable basis for them. However, no assurances can be made that these expectations, beliefs and projections will be achieved. Forward-looking

statements are not guarantees of future performance and are subject to significant risks and uncertainties that may cause actual results or achievements

to be materially different from the future results or achievements expressed or implied by the forward-looking statements. 

There are a number of risks and uncertainties that could cause our actual results to differ materially from the forward-looking statements contained in

this presentation.  Important factors that could cause our actual results to differ materially from the forward-looking statements we make herein include,

but are not limited to: cyclicality of the automotive industry with the possibility of further material contractions in automotive sales and production effecting

the viability of our customers and financial condition of our customers; global economic uncertainty, particularly in Europe; loss of large customers or

significant platforms; supply shortages; escalating pricing pressures and decline of volume requirements from our customers; our ability to meet

significant increases in demand; availability and increasing volatility in cost of raw materials or manufactured components; our ability to continue to

compete successfully in the highly competitive automotive parts industry; risks associated with our non-U.S. operations; foreign currency exchange rate

fluctuations; our ability to control the operations of joint ventures for our benefit; the effectiveness of our lean manufacturing and other cost savings plans;

product liability and warranty and recall claims that may be brought against us; work stoppages or other labor conditions; natural disasters; our ability

attract and retain key personnel; our ability to meet our customers’ needs for new and improved products in a timely manner or cost-effective basis; the

possibility that our acquisition strategy may not be successful; our legal rights to our intellectual property portfolio; environmental and other regulations;

legal proceedings or commercial and contractual disputes that we may be involved in; the possible volatility of our annual effective tax rate; our ability to

generate sufficient cash to service our indebtedness, and obtain future financing; our underfunded pension plans; significant changes in discount rates

and the actual return on pension assets; the possibility of future impairment charges to our goodwill and long-lived assets; and operating and financial

restrictions imposed on us by our bond indentures and credit agreement. 

There may be other factors that may cause our actual results to differ materially from the forward-looking statements. All forward-looking statements

attributable to us or persons acting on our behalf apply only as of the date of this presentation and are expressly qualified in their entirety by the

cautionary statements included herein. We undertake no obligation to update or revise forward-looking statements to reflect events or circumstances

that arise after the date made or to reflect the occurrence of unanticipated events.

Jeff Edwards

Chairman and Chief Executive Officer

Executive Overview

Third Quarter 2013

4

4

Executive Overview

Industry Landscape:

•

Global market continues steady growth of 4.7%

•

North American vehicle production remains strong

•

European headwinds remain

•

Emerging markets continue strong growth

Executive Overview

Sremska, Mitrovica, Serbia

Ground

breaking in

Sanand, India

5

Third Quarter Business Highlights

Listed on the NYSE: CPS

Inaugurated Bawal, India plant

Broke ground on new facility in

Sanand, India

Serbian development on schedule

Received first Fluid Transfer Systems order

in China

•

•

•

•

•

6

6

Executive Overview

Third

Quarter

Financial

Highlights

Consolidated sales of $764.1 million

Revenue growth of 11.7% quarter-over-quarter

Sales increased in all regions

Solid margins continue

•

•

•

•

Allen Campbell

Chief Financial Officer

Financial Overview

Third Quarter 2013

Q3 and Year-to-Date 2013 Revenue

$ USD Millions

Note: Numbers subject to rounding

Q3 2012 -

$684

Q3 2013 -

$764

YTD 2012 -

$2,184

YTD 2013 -

$2,296

Q3 2013

Year-to-Date 2013

8

$0

$100

$200

$300

$400

$500

North

America

Europe

Asia Pacific

South

America

$364

$228

$53

$39

$409

$258

$54

$43

$0

$50

$100

$150

Unconsolidated JVs

$101

$109

$0

$250

$500

$750

$1,000

$1,250

North America

Europe

Asia Pacific

South America

$1,139

$781

$156

$107

$1,192

$806

$160

$139

$0

$150

$300

$450

Unconsolidated JVs

$302

$335

9

9

Q3 and Year-to-Date 2013 Performance

$ USD Millions, except EPS / %

Note: Numbers subject to rounding

Third Quarter

Year-to-Date

2012

2013

2012

2013

$684.0

$764.1

Sales

$2,183.8

$2,296.3

103.1

115.0

Gross Profit

339.2

367.6

15.1 %

15.1%

% Margin

15.5%

16.0%

65.4

73.0

SGA

206.4

220.8

23.6

36.4

Operating Profit

105.4

127.5

3.5%

4.8%

% Margin

4.8%

5.6%

$10.4

$20.3

Net Income

$110.3

$66.3

$0.44

$1.08

Fully Diluted EPS

$4.63

$3.26

$69.8

$69.5

Adjusted EBITDA

$227.1

$228.7

10.2%

9.1%

% Margin

10.4%

10.0%

EBITDA and Adjusted EBITDA Reconciliation

$ USD Millions

2012

2013

Net income

Income tax expense (benefit)

EBITDA

Restructuring, net of noncontrolling interest

Adjusted EBITDA

Nine Months Ended Sep 30,

Interest expense, net of interest income

Depreciation and amortization

EBITDA and Adjusted EBITDA are Non-GAAP measures. See appendix.

$ 112.7

(32.8)

24.6

33.3

40.0

91.2

83.2

$ 204.4

$ 216.5

15.3

6.9

$ 227.1

$ 228.7

$ 68.7

Note: Numbers subject to rounding

Stock based compensation

7.4

4.3

LTM Adjusted EBITDA

$ 299.6

$ 293.7

Inventory write-up

-

0.3

Acquisition costs

-

0.7

10

11

2013 Guidance

Key Assumptions:

North American production

16.2 million

European (including Russia) production 

19.0 million

Average full year exchange rate 

$1.32/Euro

$3,050 -

$3,075

$ USD Millions

$ USD Millions

$ USD Millions

$ USD Millions

*Guidance

Revenues

Cash Taxes

Capital Expenditures

Cash Restructuring

$1,945

$2,414

$2,854

$2,881

$3,050 -

$3,075

2009A

2010A

2011A

2012A

2013*

2009A

2010A

2011A

2012A

2013*

2009A

2010A

2011A

2012A

2013*

2009A

2010A

2011A

2012A

2013*

$46

$77

$108

$131

$180-$190

($1)

$11

$21

$18

$5-$10

$43

$19

$27

$43

$20-$25

Q&A

Appendix

Net Leverage Ratio and Adj. EBITDA % Margin

as of September 30, 2013

($ USD Millions)

Three Months Ended

Twelve Months

Ended

Dec 31, 2012

Mar 31, 2013

Jun 30, 2013

Sep 30, 2013

Sep 30, 2013

$         (9.9)

$        20.7

$        27.4

$        20.6

$        58.8

1.2

7.9

12.2

4.5

25.8

11.5

11.2

13.6

15.2

51.5

31.5

29.8

28.2

25.2

114.7

$        34.3

$        69.6

$        81.4

$        65.5

$       250.8

13.0

4.8

1.0

1.9

20.7

(2.5)

(0.7)

(0.1)

-

(3.3)

2.5

2.7

0.5

1.1

6.8

10.1

-

-

-

10.1

11.5

-

-

-

11.5

2.0

-

-

-

2.0

-

-

-

0.3

0.3

-

-

-

0.7

0.7

-

0.3

(0.3)

-

-

Adjusted EBITDA

$        70.9

$        76.7

$        82.5

$        69.5

$       299.6

Net Leverage

Debt payable within one year

30.3

Long-term debt

649.0

Less: cash and cash equivalents

(119.2)

Net Leverage

$       560.1

Net Leverage Ratio

1.9

Sales

$       697.1

$       747.6

$       784.7

$       764.1

$    2,993.5

Adjusted EBITDA as a percent of Sales

10.2%

10.3%

10.5%

9.1%

10.0%

Note: Numbers subject to rounding

14

(1)

      Includes noncash restructuring.

(2)

      Proportionate share of restructuring costs related to Cooper Standard France joint venture.

(3)

      Non-cash stock amortization expense and non-cash stock option expense for grants issued at time of the Company's 2010 reorganization.

(4)

      Impairment charges related to goodwill ($2.8 million) and fixed assets ($7.3 million)

(5)

      Executive compensation for retired CEO and costs related to search for new CEO

(6)

      Noncontrolling interest deferred tax valuation reversal

(7)

      Write-up of inventory to fair value for the Jyco acquisition

(8)

      Costs incurred in relation to the Jyco acquisition

Net income (loss)

Income tax expense

Interest expense, net of interest income

Depreciation and amortization

EBITDA

Restructuring

(1)

Noncontrolling

interest restructuring

Stock-based compensation

(3)

Impairment charges

(4)

Payment t

former CEO and transition cost

(5)

Noncontrolling

deferred tax valuation reversal

(6)

Inventory write-up

(7)

Acquisition costs

Other

(2)

(8)

15

EBITDA and Adjusted EBITDA –

Twelve Months Ended September 30, 2012

Note: Numbers subject to rounding

($ USD Millions)

Three Months Ended

Twelve

Months

Ended

Dec 31,

2011

Mar 31,

2012

Jun 30,

2012

Sep 30,

2012

Sep 30,

2012

Net income

$    23.2

$    23.8

$    77.3

$      11.6

$    135.9

Income tax expense (benefit)

(6.0)

8.1

(46.2)

5.4

(38.7)

Interest expense, net of interest income

10.3

11.2

10.8

11.3

43.6

Depreciation and amortization

32.1

31.6

30.5

29.1

123.3

EBITDA

$    59.6

$    74.7

$    72.4

$      57.4

$    264.1

Restructuring

(1)

4.1

6.1

(0.5)

10.2

19.9

Noncontrolling interest restructuring

(2)

(0.9)

(0.3)

-

(0.2)

(1.4)

Stock-based compensation

(3)

2.5

2.7

2.2

2.4

9.8

Other

(4)

1.3

-

-

-

1.3

Adjusted EBITDA

$    66.6

$    83.2

$    74.1

$      69.8

$    293.7

Sales

$    695.7

$    765.3

$    734.5

$      684.0

$   2,879.5

Adjusted EBITDA as a percent of Sales

10.2%  

(1)

Includes cash and noncash restructuring.

(2)

Proportionate share of restructuring costs related to Cooper Standard France joint venture.

(3)

Non-cash stock amortization expense and non-cash stock option expense for grants issued at time of the Company’s 2010 reorganization.

(4)

Costs related to corporate development activities.

EBITDA and Adjusted EBITDA –

Nine Months Ended September 30, 2013

Note: Numbers subject to rounding

(1)

Includes noncash restructuring.

(2)

Proportionate share of restructuring costs related to Cooper Standard France joint venture.

(3)

Non-cash stock amortization expense and non-cash stock option expense for grants issued at time of the Company’s 2010 reorganization.

(4)

Write-up of inventory to fair value for the Jyco acquisition

(5)

Costs incurred in relation to the Jyco acquisition

($ UD Millions)

Three Months Ended

Nine Months

Ended

Mar 31, 

Jun 31, 

Sep 30, 

Sep 30, 

2013

2013

2013

2013

Net income

$        20.7

$        27.4

$          20.6

$              68.7

Income tax expense

7.9

12.2

4.5

24.6

Interest expense, net of interest income

11.2

13.6

15.2

40.0

Depreciation and amortization

29.8

28.2

25.2

83.2

EBITDA

$        69.6

$        81.4

$          65.5

$            216.5

Restructuring 

(1)

4.8

1.0

1.9

7.7

Noncontrolling interest restructuring  

(2)

(0.7)

(0.1)

-

(0.8)

Stock-based compensation  

(3)

2.7

0.5

1.1

4.3

Inventory write-up

(4)

-

-

0.3

0.3

Acquisition costs  

(5)

-

-

0.7

0.7

Others

0.3

(0.3)

-

-

Adjusted EBITDA

$        76.7

$        82.5

$          69.5

$            228.7

Sales

747.6

784.7

764.1

2,296.3

Adjusted EBITDA as a percent of Sales

10.3%

10.5%

9.1%

10.0%

16

17

EBITDA and Adjusted EBITDA –

Nine Months Ended September 30, 2012

Note: Numbers subject to rounding

(1)

Includes cash and noncash restructuring.

(2)

Proportionate share of restructuring costs related to Cooper Standard France joint venture.

(3)

Non-cash stock amortization expense and non-cash stock option expense for grants issued at time of the Company’s 2010 reorganization.

($ USD Millions)

Three Months Ended

Nine Months

Ended

Mar 31, 

Jun 31, 

Sep 30, 

Sep 30, 

2012

2012

2012

2012

Net income

$     23.8

$        77.3

$     11.6

$            112.7

Income tax expense (benefit)

8.1

(46.2)

5.4

(32.8)

Interest expense, net of interest income

11.2

10.8

11.3

33.3

Depreciation and amortization

31.6

30.5

29.1

91.2

EBITDA

74.7

72.4

57.4

204.4

Restructuring

(1)

6.1

(0.5)

10.2

15.8

Noncontrolling interest restructuring

(2)

(0.3)

-

(0.2)

(0.5)

Stock-based compensation

(3)

2.7

2.2

2.4

7.4

Adjusted EBITDA

Sales

Adjusted EBITDA as a percent of Sales

83.2

74.1

69.8

227.1

765.3

734.5

684.0

2,183.8

10.9%

10.1%

10.2%

10.4%

$

$

$

$

$

$

$

$

Non-GAAP Financial Measures

EBITDA and adjusted EBITDA are measures not recognized under Generally Accepted

Accounting Principles (GAAP) which exclude certain non-cash and non-recurring items.

When analyzing the company’s operating performance, investors should use EBITDA and

adjusted

EBITDA

in

addition

to,

and

not

as

alternatives

for,

net

income

(loss),

operating

income, or any other performance measure derived in accordance with GAAP, or as an

alternative to cash flow from operating activities as a measure of the company’s

performance. EBITDA and adjusted EBITDA have limitations as analytical tools and should

not

be

considered

in

isolation

or

as

substitutes

for

analysis

of

the

company’s

results

of

operations as reported under GAAP. Other companies may report EBITDA and adjusted

EBITDA differently and therefore Cooper Standard’s results may not be comparable to

other similarly titled measures of other companies.

18