Accuride (ACUZW) 8-K Accuride Corporation Returns to Profitability in Fourth Quarter of 2011

Fourth Quarter 2011
Earnings Call

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Statements contained in this news release that are not purely historical are forward-
looking statements within the meaning of Section 27A of the Securities Act of 1933,
as amended, and Section 21E of the Securities Exchange Act of 1934, as amended,
including statements regarding Accuride’s expectations, hopes, beliefs and
intentions with respect to future results.  Such statements are subject to the impact
on Accuride’s business and prospects generally of, among other factors, market
demand in the commercial vehicle industry, general economic, business and
financing conditions, labor relations, governmental action, competitor pricing activity,
expense volatility and other risks detailed from time to time in Accuride’s Securities
and Exchange Commission filings, including those described in Item 1A of
Accuride’s Annual Report on Form 10-K for the fiscal year ended December 31,
2010. Any forward-looking statement reflects only Accuride’s belief at the time the
statement is made. Although Accuride believes that the expectations reflected in
these forward-looking statements are reasonable, it cannot guarantee its future
results, levels of activity, performance or achievements.  Except as required by law,
Accuride undertakes no obligation to update any forward-looking statements to
reflect events or developments after the date of this news release.

Forward Looking Statements

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Fourth Quarter 2011 Earnings

ØOpening Comments

•CEO Update

•Industry Highlights

•Plan Execution

ØFinancial Information

•Fourth Quarter Results

•2012 Outlook

ØQ&A

ØClosing Comments

Rick Dauch

President & CEO

Greg Risch

Vice President & CFO

Rick Dauch

Greg Risch

Rick Dauch

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4th Quarter Highlights

•Imperial consolidation results behind schedule 60-90 days

•Aluminum demand remains stronger than installed capacity base

•Weaker seasonal Gunite AM demand

•Accuride-wide scheduling, MRP and IT systems

•Improved liquidity: ABL expansion ($25M); Capital lease ($15M); AP terms ($10M+)

•Gunite operationally stable & pricing activity complete

•Wheels & Gunite CAPEX projects on schedule and on-budget

•Key analytical work in-process:

•Steel wheel capacity consolidation & capability studies (London & Mexico facilities)

•Gunite manufacturing footprint consolidation options (Hubs, Rotors, Spoke Wheels)

•Supply chain cost analysis

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Economic Indicators

Real GDP Growth Rate (Annual)

Labor Market

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Trucking Indicators

Cass Freight Index

Diesel Fuel Consumption

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Source: ACT & FTR

Industry Builds

Class 8 Truck Production

Medium Duty Truck Production

Trailer Production

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Strategic Objectives

Share

Price

Grow Globally

Create a Competitive

Cost Structure &

LEAN Operating Culture

Divest Non-Core Assets

Fix Core Business & Operations

Customer Centric, Technology Leadership

Ethical People, Selfless Leaders, Team Oriented

Ø#1-2 globally in wheel-end systems

ØROIC > 20% through a cycle

Ø>80% of revenue from CORE products

ØBalanced geographical revenues:

•40% North America

•30% Asia

•20% Europe

•10% South America

Ø>25% of annual revenues from new &
evolutionary products

Ø>95% retention of personnel

ØMaximize ACW share price

Accuride Vision:Accuride will be the premier supplier of wheel-end system
solutions to the global commercial vehicle industry

Our Focus

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Transformation & Execution

2011 - A Year of Transformation

2012 - A Year of Execution

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Project Timeline

Q3

Q4

Q1

Q2

Q3

Q4

2011

2012

On Schedule

&

On Budget

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Summary Income Statement

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Summary Income Statement

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Consolidated Results

Consolidated Annual Revenue

Consolidated Annual EBITDA (1)

(1) EBITDA before corporate allocations

Consolidated Revenue Breakout

Business Segment

Wheels Segment

Wheel Market Share (2)

Wheels Annual Revenue

Wheels Annual EBITDA (1)

(1) EBITDA before corporate allocations

(2) Based on company estimates

Gunite Segment

Gunite Annual Revenue

Gunite Annual EBITDA (1)

(1) EBITDA before corporate allocations

Cast Drum Market Share (2)

OEM Truck Cast Drum

OEM Trailer Cast Drum

Aftermarket Cast Drum

(2) Based on company estimates

Imperial & Brillion Segments

Brillion Annual Revenue

Brillion Annual EBITDA (1)

Imperial Annual Revenue

Imperial Annual EBITDA (1)

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Trade Working Capital

Historical Working Capital Requirements

Q4 2011 Working Capital Breakout

Q4 2010 Working Capital Breakout

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Free Cash Flow

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Net Debt & Liquidity

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Full Year Guidance

Class8270Kto280K

Class5-7165Kto175K

Trailer230Kto250K

NetSales$1,000to$1,025

AdjustedEBITDA$100to$105

EPS-Diluted$0.07to$0.15

CAPEX$75

Depreciation&Amortization$55

CashInterestExpense$31

ExcessPensionContributions$12

TradeWorkingCapitalSourceofCash$13

FreeCashFlow$(5)to$0

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Summary

•“Fix & Grow” Strategy developed &
being executed

•“Fix & Grow” Strategy developed &
being executed

•Experienced leadership team on-
board & performing

•Experienced leadership team on-
board & performing

•Resources focused on key priorities

•Resources focused on key priorities

•All major initiatives, except Imperial
results,on-schedule and on-budget

•All major initiatives, except Imperial
results,on-schedule and on-budget

•Market trends favorable heading into
2012 and beyond

•Market trends favorable heading into
2012 and beyond

•Adequate liquidity and initiatives to
improve it

•Adequate liquidity and initiatives to
improve it

•Strategic opportunities exist to “Fix &
Grow” the company

•Strategic opportunities exist to “Fix &
Grow” the company

•We are executing our plan!

•We are executing our plan!

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Segment Revenue

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Segment Operating Income

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Segment Adjusted EBITDA

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Sales & Adjusted EBITDA

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Net Income to EBITDA Reconciliation

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Trade Working Capital

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Customer Receivables - Net

35

Inventories - Net

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Accounts Payable

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