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Superior Industries International

Superior Industries International. NYSE: SUP. Third Quarter 2010 Earnings Conference Call November 5, 2010. Forward Looking Statements.

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Superior Industries International

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  1. Superior Industries International NYSE: SUP Third Quarter 2010 Earnings Conference Call November 5, 2010

  2. Forward Looking Statements Any forward-looking statements made in this web cast are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results could differ materially because of issues and uncertainties that need to be considered in evaluating our financial outlook. We assume no obligation to update publicly any forward-looking statements. Issues and uncertainties that are of particular significance at this time relate to global competitive pricing, customer financial stability, customer schedule volatility, potential declines in the production of passenger cars and light trucks, the successful completion of our strategic and operating plans, increasing fuel prices, regulatory changes and foreign currency fluctuations. Please refer to the company’s SEC filings, including our Annual Report on Form 10-K, for a complete discussion on forward-looking statements and risk factors that may cause actual events to differ from these forward-looking statements. www.supind.com

  3. Significant Highlights in Q3 2010 • Unit Shipments up 45% to 2.9M from 2.0M in Q309 • Revenue up 65%, or $72.3M, to $183.7M from $111.4M in Q309 • Unit increase equated to $49.5M, or 68%, of revenue the increase • Pass-through of aluminum price changes amounted to $18.7M, or 26%, of the revenue increase • Gross profit of $19.7M, or 10.7% of revenue, compared with gross profit of $4.2M, or 3.8% of revenue, in Q309 • Income from operations of $11.4M, or 6.2% of revenue, compared to a loss from operations of $1.6M, or 1.4% of revenue, in Q309 • Net income of $10.4M, or $0.39 per diluted share, compared to a net loss of $12.7M, or $0.48 per share, in Q309 www.supind.com

  4. Non-Operating Items in Q3 2010 • No impairment charges in Q310 or Q309 • Costs related to plant closures totaled $0.7M in Q310 compared to $4.7M in Q309, including severance costs • Gas contracts marked-to-market were net favorable $0.5M in Q310 and $0.8M in Q309 • Ongoing facility and other costs related to closed plants are expected to be minimal in future periods www.supind.com

  5. Balance Sheet Comments • Cash and short-term investments decreased by $4.5M from December 2009 and $1.7M from September a year ago • Accounts receivable increased $47.6M from December 2009; $52.2M from September a year ago • Inventories increased $14.6M from December 2009 and $16.7M from September a year ago • Working capital and current ratio remained strong at $288.7M and 4.8:1 at the end of September 2010 www.supind.com

  6. Shipments vs. North American Production www.supind.com

  7. 3rd Quarter Statement of Operations Unaudited www.supind.com

  8. September YTD Statement of Operations Unaudited www.supind.com

  9. Impairments, Plant Closures, etc. 3rd Quarter and YTD 2010 Unaudited www.supind.com

  10. SummaryBalance Sheets Unaudited www.supind.com

  11. SummaryCash Flow Statements Unaudited www.supind.com

  12. Conclusion • Volumes in Q310 approximated those in Q210, reflecting the favorable results being reported throughout the automotive sector • Current customer requirements remain at approximately the same level as in the prior two quarters • Stable demand levels will continue to provide additional benefits of our previous restructuring actions • Cash and balance sheet management continue to be a high priority www.supind.com

  13. Non-GAAP Financial Measures This slide presentation contains a non-GAAP financial measure on page 9, “Income Before Income Taxes, Equity Earnings and Non-Operating Items”, determined by methods other than in accordance with U.S. GAAP. The most comparable U.S. GAAP financial measure to this measure is “Income Before Income Taxes and Equity Earnings”. Management uses this non-GAAP financial measure to assess the performance of our core business. We believe this non-GAAP financial measure provides meaningful additional information about our operating results, because these non-operating items are often episodic in nature and can obscure our core operating results. This non-GAAP financial measure should not be considered as a substitute for operating results determined in accordance with U.S. GAAP and may not be comparable to other similarly titled measures of other companies. www.supind.com

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