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Westport Innovations Inc.
May 1, 2014
Q1 FY2014
CONFERENCE CALL
1
stock symbols market capitalization
TSX NASDAQ CAD USD
WPT WPRT $0.9 billion $0.8 billion
» This presentation contains forward-looking statements that are based on the beliefs of
Westport’s management and reflect Westport’s current expectations. Investors are cautioned
that all forward-looking statements involve risks and uncertainties that could cause actual
results to differ materially from those expressed in these forward-looking statements,
including, without limitation, Westport’s ability to develop viable fuel systems; Westport’s
ability to provide the capital required for research, product development, operations, and
marketing; product development, production and commercial launch delays; changing
environmental regulations; Westport’s ability to attract and retain key personal and business
partners; competition from conventional diesel fuelled engines; and Westport’s ability to
protect its intellectual property. These factors should be considered carefully and investors
should not rely on any forward-looking statements. Investors are encouraged to review
Management’s Discussion and Analysis and the Risk Factors section in Westport’s most
recently filed Annual Information Form and filings with securities regulators for a more
complete discussion of factors that could affect Westport’s future performance. We undertake
no obligation to update or revise any forward-looking statements, whether as a result of new
information, future events or otherwise, except as required by law.
» All figures are in U.S. dollars unless otherwise stated.
2
Forward Looking Statements
$(16)
$(14)
$(12)
$(10)
$(8)
$(6)
$(4)
$(2)
-
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
millionsofdollars
Average $9.4M
Median $8.7M
2012 2013 2014
3
Transitioning from R&D Phase
to a Focused, Profitable Business
» Contributions from:
 Westport’s operating
business units
 Share of net income
from the joint ventures
 Funding from
development partners
OPERATING BUSINESS UNITS COMBINED TO
BE ADJUSTED EBITDA POSITIVE BY Q4 2014
CONSOLIDATED
BUSINESS TO BE
ADJUSTED EBITDA
POSITIVE BY END
OF 2015
» Westport has invested
$214.9M since 2012
 Co-investing with OEMs
to develop a portfolio of
new natural gas vehicle
technologies and related
systems and components
 Investments with 3 to 5
year development cycles
from start of development
to product sales
 Careful management of
future programs and
capital allocation designed
to deliver high margin
returns
4
Investing in Next Generation Products
Off-Road
10%
Trucking
36%
Automotive
28%
Advanced
Engineering
16%
Capital
Expenditure
10%
Breakdown of Investments

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Westport FY2014 Q1 Financial Earnings Call

  • 1. Westport Innovations Inc. May 1, 2014 Q1 FY2014 CONFERENCE CALL 1 stock symbols market capitalization TSX NASDAQ CAD USD WPT WPRT $0.9 billion $0.8 billion
  • 2. » This presentation contains forward-looking statements that are based on the beliefs of Westport’s management and reflect Westport’s current expectations. Investors are cautioned that all forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed in these forward-looking statements, including, without limitation, Westport’s ability to develop viable fuel systems; Westport’s ability to provide the capital required for research, product development, operations, and marketing; product development, production and commercial launch delays; changing environmental regulations; Westport’s ability to attract and retain key personal and business partners; competition from conventional diesel fuelled engines; and Westport’s ability to protect its intellectual property. These factors should be considered carefully and investors should not rely on any forward-looking statements. Investors are encouraged to review Management’s Discussion and Analysis and the Risk Factors section in Westport’s most recently filed Annual Information Form and filings with securities regulators for a more complete discussion of factors that could affect Westport’s future performance. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. » All figures are in U.S. dollars unless otherwise stated. 2 Forward Looking Statements
  • 3. $(16) $(14) $(12) $(10) $(8) $(6) $(4) $(2) - Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 millionsofdollars Average $9.4M Median $8.7M 2012 2013 2014 3 Transitioning from R&D Phase to a Focused, Profitable Business » Contributions from:  Westport’s operating business units  Share of net income from the joint ventures  Funding from development partners OPERATING BUSINESS UNITS COMBINED TO BE ADJUSTED EBITDA POSITIVE BY Q4 2014 CONSOLIDATED BUSINESS TO BE ADJUSTED EBITDA POSITIVE BY END OF 2015
  • 4. » Westport has invested $214.9M since 2012  Co-investing with OEMs to develop a portfolio of new natural gas vehicle technologies and related systems and components  Investments with 3 to 5 year development cycles from start of development to product sales  Careful management of future programs and capital allocation designed to deliver high margin returns 4 Investing in Next Generation Products Off-Road 10% Trucking 36% Automotive 28% Advanced Engineering 16% Capital Expenditure 10% Breakdown of Investments