Investor Presentation February 27, Greg Yull President & CEO Jeff Crystal CFO
|
|
- Shannon Sherman
- 5 years ago
- Views:
Transcription
1 Investor Presentation February 27, 2019 Greg Yull President & CEO Jeff Crystal CFO
2 SAFE HARBOR STATEMENT Certain statements and information included in this presentation constitute "forward-looking information" within the meaning of applicable Canadian securities legislation and "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 (collectively, "forward-looking statements"), which are made in reliance upon the protections provided by such legislation for forward-looking statements. All statements other than statements of historical facts included in this presentation, including statements regarding the protection provided to the Company due to its at will contracts with its customers, the Company s growth opportunities, including its 2022 financial goals, the Company's capital investment strategies and acquisition strategies, the Company's capital expenditures, including its anticipated cost and return expectations, the Company s greenfield manufacturing facilities and production lines, including the total cash consideration and timing, the Company s integration of its recent acquisitions, the Company s near-term growth drivers, may constitute forward-looking statements. These forward-looking statements are based on current beliefs, assumptions, expectations, estimates, forecasts and projections made by the Company's management. Words such as "may," "will," "should," "expect," "continue," "intend," "estimate," "anticipate," "plan," "foresee," "believe," or "seek" or the negatives of these terms or variations of them or similar terminology are intended to identify such forward-looking statements. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, these statements, by their nature, involve risks and uncertainties and are not guarantees of future performance. Such statements are also subject to assumptions concerning, among other things: business conditions and growth or declines in the Company's industry, the Company's customers' industries and the general economy; the anticipated benefits from the Company's manufacturing facility expansions, greenfield developments, manufacturing cost reduction programs and other restructuring efforts; the anticipated benefits from the Company s acquisitions and partnerships; accounting adjustments; the anticipated benefits from the Company s capital expenditures; the quality and market reception of the Company's products; the effective tax rate and income tax expenses; the Company's anticipated business strategies; risks and costs inherent in litigation; risks and costs inherent in the Company s intellectual property; the Company s ability to maintain and improve quality and customer service; the Company s ability to retain, and adequately develop and incentivize, its management team and key employees; anticipated trends in the Company's business; anticipated cash flows from the Company s operations; the Company s flexibility to allocate capital as a result of the Notes Offering; availability of funds under the Company s 2018 Credit Facility; the Company's ability to continue to control costs; the impact of raw material price fluctuations; movements in the prices of key inputs such as raw material, freight, energy and labor; government policies, including those specifically regarding the manufacturing industry, such as industrial licensing, environmental regulations, labor and safety regulations, import restrictions and duties, intellectual property laws, excise duties, sales taxes, and value added taxes; accidents and natural disasters; changes to accounting rules and standards; expected strategic and financial benefits from the Company s ongoing capital investment and mergers and acquisitions programs; and other factors beyond the Company's control. The Company can give no assurance that these statements and expectations will prove to have been correct. Actual outcomes and results may, and often do, differ from what is expressed, implied or projected in such forward-looking statements, and such differences may be material. You are cautioned not to place undue reliance on any forward-looking statement. For additional information regarding important factors that could cause actual results to differ materially from those expressed in these forward-looking statements and other risks and uncertainties, and the assumptions underlying the forward-looking statements, you are encouraged to read "Item 3. Key Information - Risk Factors," "Item 5. Operating and Financial Review and Prospects (Management's Discussion & Analysis)" and statements located elsewhere in the Company's annual report on Form 20-F for the year ended December 31, 2017 and the other statements and factors contained in the Company's filings with the Canadian securities regulators and the US Securities and Exchange Commission. Each of these forward-looking statements speaks only as of the date of this presentation. The Company will not update these statements unless applicable securities laws require it to do so. This presentation contains certain non-gaap financial measures as defined under applicable securities legislation, including Adjusted EBITDA, Adjusted EBITDA Margin, Debt to Trailing Twelve Month ( TTM ) Adjusted EBITDA, Adjusted Net Earnings, Adjusted Earnings Per Share, and Free Cash Flow. The Company has included these non-gaap financial measures because it believes that they allow investors to make a more meaningful comparison between periods of the Company s performance, underlying business trends and the Company s ongoing operations. The Company further believes these measures may be useful in comparing its operating performance with the performance of other companies that may have different financing and capital structures, and tax rates. Adjusted EBITDA excludes costs that are not considered by management to be representative of the Company s underlying core operating performance, including certain non-operating expenses, non-cash expenses and non-recurring expenses. In addition, adjusted EBITDA is used by management to set targets and is a metric that, among others, can be used by the Company s Compensation Committee to establish performance bonus metrics and payout, and by the Company s lenders and investors to evaluate the Company s performance and ability to service its debt, finance capital expenditures and acquisitions, and provide for the payment of dividends to shareholders. The Company has included Adjusted Net Earnings and Adjusted Earnings Per Share because it believes that they permit investors to make a more meaningful comparison of the Company s performance between periods presented by excluding certain non-cash expenses and nonrecurring expenses. In addition, Adjusted Net Earnings and Adjusted Earnings Per Share are used by management in evaluating the Company s performance because it believes they provide indicators of the Company s performance that are often more meaningful than GAAP financial measures for the reasons stated in the previous sentence. The Company has included Free Cash Flows because it is used by management and investors in evaluating the Company s performance and liquidity. As required by applicable securities legislation, the Company has provided definitions of these non-gaap measures contained in this presentation, as well as a reconciliation of each of them to the most directly comparable GAAP measure, on its website at under Investor Relations and Events and Presentations and Investor Presentations. You are encouraged to review the related GAAP financial measures and the reconciliation of non-gaap measures to their most directly comparable GAAP measures set forth on the website and should consider non- GAAP measures only as a supplement to, not as a substitute for or as a superior measure to, measures of financial performance prepared in accordance with GAAP. INTERTAPE POLYMER GROUP 2
3 OUR CUSTOMERS Industrial & Packaging Distributors THEIR CUSTOMERS Food & beverage Manufacturing Transportation Ecommerce fulfillment INTERTAPE POLYMER GROUP 3
4 DESIGNING A PRODUCT BUNDLE FOR OUR CUSTOMER SCALE BREADTH LOYALTY PROGRAMS INVENTORY TURNOVER INTERTAPE POLYMER GROUP 4
5 DIFFERENTIATED APPROACH TO THE CUSTOMER Intertape s comprehensive product bundle one DELIVERY week PER More trips More SKUs one DELIVERY PER month Unique bundle, no one sells what we sell INTERTAPE POLYMER GROUP 5
6 COMPREHENSIVE & DIVERSE PRODUCT BUNDLE Hot melt Films 16% Stretch Shrink Acrylic Tapes 58% Carton sealing Industrial & Speciality Natural rubber Water-activated Paper Flatback Protective packaging 12% Air pillows Bubble cushioning Foam Mailers Paper void fill Filament Sheathing Stencil Woven 14% Structure fabrics Woven coated geomembrane Hay cover fabric Poultry fabric Lumberwrap Note: Expected pro-forma revenue shown includes the full year impact of Polyair and Maiweave, which the Company believes will generate approximately $133 and $25 million of revenue in the twelve months ending December 31, 2018, respectively. INTERTAPE POLYMER GROUP 6
7 ASSEMBLED A HARD TO REPLICATE, SPECIALIZED, PRODUCTION BASE WORLD CLASS LOW COST ASSETS NORTH AMERICA EUROPE ASIA 1. Atlanta, GA 2. Bardstown, KY 3. Bardstown, KY 4. Blythewood, SC 5. Brighton, CO 6. Carbondale, IL 7. Carlstadt, NJ 8. Carrollton, TX 9. Chicago, IL 10. Corona, CA 11. Danville, VA 12. Marysville, MI 13. Menasha, WI 14. Midland, NC 15. Salisbury, NC 16. Springfield, OH 17. Tremonton, UT 18. Cornwall, ON 19. Delta, BC 20. Montreal, QC 21. Toronto, ON 22. Truro, NS UNITED STATES CANADA 23. Porto, Portugal EUROPE 24. Chopanki, India 25. Daman, India ASIA Driving operational efficiencies: Annual performance plans at each facility INTERTAPE POLYMER GROUP 7
8 AT WILL PRICING WITH BOTH SUPPLIERS AND CUSTOMERS PROVIDES PROTECTION FROM HIGHEST INPUT COSTS Raw material inputs 1,2 At will pricing mitigates impact of resin pricing movements 27% 35% TIMELINE DAY 0 Polyethylene price increase DAY 7 Announce stretch film price increase 22% 16% Resin Adhesive Paper Other 1) Based on purchases of raw materials in ) Excludes Polyair and Maiweave acquisitions 3) Other includes but is not limited to Latex, Fiberglass and Starch 3 Major resin inputs: Polyethylene films, woven Polypropylene tapes, woven Price increase effective Price change reflected in income statement Fluid resin pricing environment: Focused on gross profit dollars not margin DAY 37 DAY day avg. price increase to flow through income statement INTERTAPE POLYMER GROUP 8
9 GROWTH OPPORTUNITIES 2022 GOALS $1.5B $225M 15% revenue adj. EBITDA adj. EBITDA margin INTERTAPE POLYMER GROUP 9
10 ECOMMERCE: OUTSIZED GROWTH SEGMENT PACKAGING: Water-activated tapes Hot-melt & acrylic tapes Stretch film PROTECTIVE: Bubble cushion Mailers Air pillow Foam Paper void fill SHIP IN OWN CONTAINER (SIOC): Shrink wrap DIRECT RELATIONSHIPS WITH LARGEST RETAILERS: Largest ecommerce retailer (product in 70 locations) Largest big box retailers WATER-ACTIVATED TAPES PRODUCTION: 2 lines in Midland, NC $48M first line Q $13M second line Q DOUBLES PRODUCTION 1/3 CAPITAL COST plus Menasha, WI, production Dominant market position in water-activated tapes INTERTAPE POLYMER GROUP 10
11 SUCCESSFUL COMPLETION OF CAPITAL INVESTMENT STRATEGY Capex Investment Profile (USD millions) 15% IRR after-tax, hurdle rates on capital projects $170M deployed since Jan 1, 2017 including 5 projects completed on time and on budget FY2014A FY2015A FY2016A FY2017A FY2018E FY2019E FY2020E $15-20M: minimum level of annual capex $115M 3 new greenfield facilities 2 projects ongoing expected completion H1 19 Focused on start-up, base-loading and optimizing production at 3 new greenfield facilities 2019: Return to normalized capex run rate of $40-60M annually INTERTAPE POLYMER GROUP 11
12 TRACK RECORD OF SUCCESSFUL ACQUISITIONS Better Packages Water-activated tape dispensers Taratape Filament and pressure sensitive tapes Powerband Acrylic tapes Cantech Industrial & speciality tapes Airtrax (Capstone) Woven Polyair Protective packaging solutions Maiweave Woven Q Q Q Q Q Q Q Consolidation Drive operational efficiencies New product categories Stronger product bundle Cantech, Taratape Polyair, Better Packages, Maiweave, Cantech Successful integrations completed: Better Packages Integrations ongoing: Cantech Powerband Vertical integration Drive operational efficiencies Airtrax, Powerband Taratape Capstone Polyair New markets Geographic expansion Airtrax, Powerband, Maiweave Maiweave Prioritizing integration of existing acquisitions INTERTAPE POLYMER GROUP 12
13 NEAR-TERM GROWTH DRIVERS Track ecommerce accounts around the globe Scale second Midland line Cross sell protective packaging Start-up and optimize runrate of greenfield investments Indian tape (Powerband) Indian woven (Capstone) Complete integration of acquisitions driving cost and revenue synergies Industrial tapes (Cantech) Protective packaging (Polyair) Woven (Maiweave) Execution is our priority INTERTAPE POLYMER GROUP 13
14 POSITIONED TO DELIVER INTERTAPE POLYMER GROUP 14
15 FINANCIAL PERFORMANCE (USD millions) (except per share amounts) Q Q Change % 2018 Q3 YTD 2017 Q3 YTD Change % Revenue $279.1 $ % $765.4 $ % Gross profit $58.9 $ % $163.8 $ % Gross Margin 21.1% 20.9% % 22.3% -- IPG Net Earnings $12.0 $19.2 (37.6)% $38.5 $42.9 (10.4)% IPG Adj Net (1) $20.3 $ % $49.3 $ % Earnings Adj EBITDA (1) $37.6 $ % $102.4 $ % EPS, fully diluted $0.20 $0.32 (37.1)% $0.65 $0.72 (9.4)% Adj EPS, fully (1) $0.34 $ % $0.83 $ % diluted (1) Non-GAAP financial measure. Please see Safe Harbor Statement for an explanation of the Company s use of this measure and a cross-reference to a reconciliation to its most directly comparable GAAP measure. Organic plus acquisitions driving adj EBITDA growth: Margin expansion opportunities exist from acquisitions below Intertape margin, but create short-term pressure on margins (USD millions) % % % FY2015A FY2016A FY2017A FY2018E 16.0% 14.0% 12.0% 10.0% 8.0% 6.0% 4.0% 2.0% 0.0% Our primary focus: accretive EPS & adj EBITDA dollars INTERTAPE POLYMER GROUP 15
16 CONSERVATIVE CAPITAL STRUCTURE: SUSTAINABLE CASH FLOW PROFILE Unsecured Senior Notes $250M at 7% Flexibility to allocate capital at a historically attractive fixed interest rate Repaid a portion of the borrowings outstanding under $600M credit facility & general corporate purposes Revolver Facility $600M facility $356M: Pro forma total cash and loan availability 1 1.6x Pro forma Secured Net Leverage Ratio 1,2 3.98% all-in interest rate including 200 bps of credit spread 3 1) Presented pro forma for the $250M issuance of senior unsecured bonds, less origination fees. 2) Non-GAAP financial measure: Secured Net Leverage Ratio is represented by Net Secured Debt, divided by trailing twelve month ( TTM ) proforma adjusted EBITDA, which includes twelve months of Adjusted EBITDA from Polyair. 3) Interest rate as of 9/30/18 on the revolver facility only. Sustainable dividends with increasing ability for debt repayment (USD millions) Capex Free Cash Flow 2015A 2016A 2017A 2018E 2019E 2019 marks end of current investment cycle: Expect Capex and Operating Cash Flow to drive significant Free Cash Flow 4 4) Non-GAAP financial measure: Please see "Safe Harbor Statement" for an explanation of the Company's use of this measure and a cross-reference to a reconciliation to its most directly comparable GAAP measure. Well positioned to grow free cash flow with completion of capex program INTERTAPE POLYMER GROUP 16
17 $170M capex deployed 3 new greenfield facilities 7 strategic acquisitions conservative capital structure invest harvest INTERTAPE POLYMER GROUP 17
18 APPENDIX INTERTAPE POLYMER GROUP 18
19 COMPANY OVERVIEW TSX Symbol Shares Outstanding Market Capitalization (as at Feb 25, 2019) Net Debt (as of 9/30/2018) Available Liquidity1 ITP 58.8M CDN $1.1B USD $489M USD $356M 1) Total cash and loan availability is presented pro forma for the $250M issuance of senior unsecured bonds, less origination fees. INTERTAPE POLYMER GROUP 19
20 OPERATIONAL EXPERTISE TO DRIVE EFFICIENCIES AND INTEGRATION MANAGEMENT: Greg A.C. Yull, President & CEO 28 years with Intertape Polymer Group (IPG), formerly President Tapes and Films Division, EVP of Industrial Business Unit, and roles in Sales and Product Management. Jeffrey Crystal, CPA, CA, CFO 5 years with IPG, formerly CFO, American Iron & Metal, VP of Finance of Optimal Payments and Audit Manager, Raymond Chabot Grant Thornton LLP. Douglas Nalette, SVP Operations 20 years with IPG, formerly Director Carton Sealing Manufacturing, IPG, formerly with Central Products Company, Arkwright Advanced Coating and Venture Tape. Shawn Nelson, SVP Sales 24 years with IPG including several sales roles within the company, formerly Regional Sales Manger of Polychem. Joseph Tocci, SVP Global Sourcing and Supply Chain 14 years with IPG within Supply Chain Management, formerly with Polo Ralph Lauren, The Home Depot, Atari and Nabisco. Randi Booth, SVP & General Counsel 3 years with IPG, formerly VP and Counsel at Deutsche Bank, formerly with Arnold & Porter LLP and Pillsbury Winthrop Shaw Pittman LLP. Silvano Iaboni, GM Engineered-coated Products (Woven) 25 years with IPG in roles of progressive responsibility primarily in operations management and engineering. Mary Beth Thompson, VP Human Resources 2 years with IPG, formerly with Sonoco Products Company. Martin Gilvarg, SVP Protective Packaging 10 years with Polyair (acquired by IPG in 2018), formerly 7 years with American National Can Flexible Packaging (formerly Pechiney Plastic Packaging/Alcan) and 17 years with Mead/ Westvaco. BOARD OF DIRECTORS: James Pantelidis, Chairman of the Board Chairman, Parkland Fuel Company, former Chairman, EnerCare Inc., former board member of RONA Inc., IA Insurance and Financial Services, Equinox Minerals Ltd. among others. Greg A.C. Yull, President & CEO Robert M. Beil 32 years with The DOW Chemical Company including various roles in Executive Management, Sales and HR. Robert J. Foster President and CEO, Capital Canada Limited, former board member of CHC Helicopters, Golf Town Income Fund, Cargojet, Canada 3000 and Canadian Airlines Regional among others. Jorge N. Quintas President of Nelson Quintas SGPS, SA, a holding company for the manufacturing of electricaland telecommunications cables, hazardous waste treatment, telecommunications networks and real estate. Mary Pat Salomone Former SVP & COO of Babcock Wilcox Company, board member of TransCanada and Herc Holdings, Inc. Frank Di Tomaso, FCPA, FCA, ICD.D Former Partner and Advisory Partner at Raymond Chabot Grant Thornton LLP, board member of ADF Group Inc., Birks Group Inc., National Bank Trust, National Bank Life Assurance and Laurentian Pilotage Authority. Melbourne F. Yull Founder and formerly Chairman and CEO of IPG, and President, Samanna Properties LLC and Affinity Kitchen & Bath LLC. INTERTAPE POLYMER GROUP 20
IPG Investor Presentation
IPG Investor Presentation September 2015 2 Safe Harbor Statement Certain statements and information included in this presentation constitute "forward-looking information" within the meaning of applicable
More informationIPG Investor Presentation
IPG Investor Presentation May 2015 2 Safe Harbor Statement Certain statements and information included in this presentation constitute "forward-looking information" within the meaning of applicable Canadian
More information2018 Second Quarter Earnings Call Presentation. August 13, 2018
2018 Second Quarter Earnings Call Presentation August 13, 2018 Safe Harbor Statement Certain statements and information included in this presentation constitute "forward-looking information" within the
More informationIntertape Polymer Group Reports 2018 Second Quarter Results
NEWS RELEASE FOR IMMEDIATE DISTRIBUTION Intertape Polymer Group Reports 2018 Second Quarter Results Quarterly revenue increased 18.5% to $249.1 million Quarterly IPG Net Earnings increased $4.9 million
More informationIntertape Polymer Group Reports 2016 Third Quarter Results
Intertape Polymer Group Reports 2016 Third Quarter Results MONTREAL, QUEBEC and SARASOTA, FLORIDA November 11, 2016 - Intertape Polymer Group Inc. (TSX:ITP) (the "Company") today released results for the
More informationInvestor Presentation January 2015
Investor Presentation January 2015 Safe Harbor Statement Certain statements and information included in this presentation constitute "forward-looking information" within the meaning of applicable Canadian
More informationInvestor Presentation. May 2013
Investor Presentation May 2013 Safe Harbor Statement Certain statements and information included in this presentation constitute "forward-looking information" within the meaning of applicable Canadian
More informationIntertape Polymer Group Reports 2016 Fourth Quarter and Annual Results
Intertape Polymer Group Reports 2016 Fourth Quarter and Annual Results MONTREAL, QUEBEC and SARASOTA, FLORIDA March 9, 2017 - Intertape Polymer Group Inc. (TSX:ITP) (the "Company") today released results
More information2017 Second Quarter Earnings Call Presentation. August 11, 2017
2017 Second Quarter Earnings Call Presentation August 11, 2017 Safe Harbor Statement Certain statements and information included in this presentation constitute "forward-looking information" within the
More information2O17. second quarter
2O17 second quarter Intertape Polymer Group Inc. Management s Discussion and Analysis Consolidated Quarterly Statements of Earnings Three month periods ended (In thousands of US dollars, except per share
More informationQ Quarterly Earnings Call Presentation. August 13, 2015
Q2 2015 Quarterly Earnings Call Presentation August 13, 2015 Safe Harbor Statement Certain statements and information included in this presentation constitute "forward-looking information" within the meaning
More informationsecond quarterly report
second quarterly report Intertape Polymer Group Inc. Management s Discussion and Analysis Consolidated Quarterly Statements of Earnings Three month periods ended (In thousands of US dollars, except per
More information2O16 FIRST QUARTERLY REPORT
2O16 FIRST QUARTERLY REPORT Intertape Polymer Group Inc. Management s Discussion and Analysis Consolidated Quarterly Statements of Earnings Three month periods ended (In thousands of US dollars, except
More informationVeritiv Corporation Fourth Quarter and Full Year 2018 Financial Results February 28, 2019
Veritiv Corporation Fourth Quarter and Full Year 2018 Financial Results February 28, 2019 Tom Morabito Director of Investor Relations 2 Safe Harbor Provision Certain statements contained in this presentation
More informationThird Quarter Presentation
Third Quarter Presentation November 6, 2018 Presented by: Jerry Volas, CEO Robert Buck, President & COO John Peterson, CFO SAFE HARBOR Statements contained in this presentation that are not historical
More informationVeritiv Corporation First Quarter 2018 Financial Results May 8, 2018
Veritiv Corporation First Quarter 2018 Financial Results May 8, 2018 Tom Morabito Director of Investor Relations 2 Safe Harbor Provision Certain statements contained in this presentation regarding Veritiv
More informationVeritiv Corporation Second Quarter 2016 Financial Results August 9, 2016
Veritiv Corporation Second Quarter 2016 Financial Results August 9, 2016 Tom Morabito Director of Investor Relations 2 Safe Harbor Provision Certain statements contained in this presentation regarding
More informationVeritiv Corporation Fourth Quarter and Fiscal Year 2017 Financial Results March 1, 2018
Veritiv Corporation Fourth Quarter and Fiscal Year 2017 Financial Results March 1, 2018 Tom Morabito Director of Investor Relations 2 Safe Harbor Provision Certain statements contained in this presentation
More informationVeritiv Corporation Third Quarter 2017 Financial Results November 7, 2017
Veritiv Corporation Third Quarter 2017 Financial Results November 7, 2017 Tom Morabito Director of Investor Relations 2 Safe Harbor Provision Certain statements contained in this presentation regarding
More informationMay Acquisition of AEP Industries Inc. August 2016
May 2015 Acquisition of AEP Industries Inc. August 2016 Safe Harbor Statements Forward-Looking Statements This presentation includes forward-looking statements within the meaning of Section 27A of the
More information2Q 2018 Presentation. August 7, Presented by: Jerry Volas, CEO. Robert Buck. President & COO. John Peterson, CFO
2Q 2018 Presentation August 7, 2018 Presented by: Jerry Volas, CEO Robert Buck. President & COO John Peterson, CFO SAFE HARBOR Statements contained in this presentation that are not historical and reflect
More informationINVESTOR PRESENTATION
May 2015 INVESTOR PRESENTATION August 2016 NYSE: BERY Safe Harbor Statements Forward-Looking Statements This presentation contains forward-looking statements which involve risks and uncertainties. You
More informationBusiness Combination of Skyline Corporation and Champion Homes Creating the Nation s Largest Publicly Traded Factory-Built Housing Company
Business Combination of Skyline Corporation and Champion Homes Creating the Nation s Largest Publicly Traded Factory-Built Housing Company January 25, 2018 Disclaimer Forward-Looking Statements Statements
More informationThird Quarter Ended September 30, 2016
Third Quarter Ended September 30, 2016 1 Forward-Looking Statements In the interest of providing shareholders and potential investors with information regarding TransForce, including management s assessment
More information2018 FOURTH QUARTER EARNINGS CALL
NORTH AMERICA S LEADING BUILDING MATERIALS DISTRIBUTOR RESIDENTIAL COMMERCIAL INTERIOR SOLAR 2018 FOURTH QUARTER EARNINGS CALL Forward Looking Statements / Non-GAAP Measures This presentation contains
More informationTHIRD QUARTER 2016 CONFERENCE CALL AND WEBCAST. November 1, 2016
THIRD QUARTER 2016 CONFERENCE CALL AND WEBCAST November 1, 2016 AGENDA Introduction Business Overview Financial Overview Roger Hendriksen Director, Investor Relations Jeff Edwards Chairman and Chief Executive
More informationCCL Industries Announces Record Fourth Quarter and 2017 Results
News Release For Immediate Release, Thursday, February 22, 2018 Stock Symbol: TSX CCL.A and CCL.B CCL Industries Announces Record Fourth Quarter and 2017 Results Fourth Quarter Highlights Adjusted basic
More informationADVANSIX ANNOUNCES FOURTH QUARTER AND FULL YEAR 2017 FINANCIAL RESULTS. 4Q17 Sales of $370 million, up 43% versus prior year
AdvanSix.com News Release ADVANSIX ANNOUNCES FOURTH QUARTER AND FULL YEAR 2017 FINANCIAL RESULTS 4Q17 Sales of $370 million, up 43% versus prior year 4Q17 Cash Flow from Operations of $36 million, down
More informationTed Doheny, President & CEO Bank of America Merrill Lynch Global Agriculture & Materials Conference February 28, 2018
Ted Doheny, President & CEO Bank of America Merrill Lynch Global Agriculture & Materials Conference February 28, 2018 1 Safe Harbor & Regulation G Statement This presentation contains forward-looking statements
More informationQ3 QUARTERLY REPORT. Richards Packaging Income Fund. Quarter ended September 30, Report Contents
Q3 QUARTERLY REPORT Richards Packaging Income Fund Quarter ended September 30, 2017 Report Contents CEO s report to Unitholders... 1 Management s discussion and analysis... 2 Financial statements... 11
More informationACQUISITION OF CARAUSTAR INDUSTRIES Significantly Enhances Margins and Free Cash Flow Strengthening its Leadership in Industrial Packaging
ACQUISITION OF CARAUSTAR INDUSTRIES Significantly Enhances Margins and Free Cash Flow Strengthening its Leadership in Industrial Packaging Safe harbor FORWARD-LOOKING STATEMENTS This presentation contains
More informationINVESTOR PRESENTATION
Always Advancing To Protect What s Important INVESTOR PRESENTATION August 2017 NYSE: BERY Safe Harbor Statements Forward-Looking Statements Statements in this presentation that are not historical, including
More informationQUARTERLY REPORT FIRST. i tape i build i protect
FIRST QUARTERLY 2013 REPORT i tape i build i protect 1 Management s Discussion and Analysis Intertape Polymer Group Inc. Consolidated Quarterly Statements of Earnings (Loss) (1) Three month periods ended
More informationFirst Quarter 2018 May 3, 2018
First Quarter 2018 May 3, 2018 Safe Harbor Please note that in this presentation, we may discuss events or results that have not yet occurred or been realized, commonly referred to as forward-looking statements.
More informationVeritiv Corporation Investor Presentation. September 2015
Veritiv Corporation Investor Presentation September 2015 Safe Harbor Provision Certain statements contained in this presentation regarding Veritiv Corporation s (the Company ) future operating results,
More informationBabcock & Wilcox Enterprises, Inc. Company Overview March 2018
Babcock & Wilcox Enterprises, Inc. Company Overview March 2018 Safe Harbor Statement B&W cautions that this presentation contains forward-looking statements, including, without limitation, statements relating
More informationTrailing PE Forward PE Buy 6 Analysts. 1-Year Return: -13.9% 5-Year Return: 10.8%
INTERTAPE POLYMER GROUP INC (-T) Last Close 16.75 (CAD) Avg Daily Vol 217,272 52-Week High 22.84 Trailing PE 11.3 Annual Div 0.73 ROE 26.6% LTG Forecast -- 1-Mo -12.6% October 29 TORONTO Exchange Market
More informationAcquisition of Signode: Global Leader In Transit Packaging. December 19, 2017
Acquisition of Signode: Global Leader In Transit Packaging December 19, 2017 Forward Looking Statement Except for historical information, all other information in this presentation consists of forward-looking
More informationInvestor Presentation. March 2018
Investor Presentation March 2018 Forward Looking Statements This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including but
More informationDriving Value Through Culture, Innovation and Results
Driving Value Through Culture, Innovation and Results THIRD QUARTER 2018 EARNINGS PRESENTATION November 2, 2018 1 Agenda Introduction Business Overview Financial Overview Roger Hendriksen Director, Investor
More informationEliokem Acquisition Overview. Investor Conference Call September 23, 2010
Eliokem Acquisition Overview Investor Conference Call September 23, 2010 1 Cautionary Forward-Looking Statements This presentation and the accompanying oral remarks include forward-looking statements as
More informationAvery Dennison Jefferies Industrials Conference
Avery Dennison Jefferies Industrials Conference August 9, 2016 Anne Bramman SVP and Chief Financial Officer 1 Avery Dennison Investor Presentation Forward-Looking Statements Certain statements contained
More information4Q 2017 Presentation. February 27, 2018
4Q 2017 Presentation February 27, 2018 SAFE HARBOR Statements contained in this presentation that are not historical and reflect our views about future periods and events, including our future performance,
More informationHorizon Global Third Quarter 2017 Earnings Presentation
Horizon Global Third Quarter 2017 Earnings Presentation October 31, 2017 Q1 2016 Earnings 1 Safe Harbor Statement Forward-Looking Statements This presentation may contain "forward-looking statements" as
More informationINVESTOR PRESENTATION
INVESTOR PRESENTATION Click to edit text December 13, 2018 Fiscal 4Q and FY2018 Results and 2019 Outlook NASDAQ: NDSN Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995 Information
More informationBANK OF AMERICA MERRILL LYNCH 2015 LEVERAGED FINANCE CONFERENCE. D e c e m b e r 3,
BANK OF AMERICA MERRILL LYNCH 2015 LEVERAGED FINANCE CONFERENCE D e c e m b e r 3, 2 0 1 5 IMPORTANT INFORMATION ABOUT RYERSON HOLDING CORPORATION These materials do not constitute an offer or solicitation
More informationWESCO International John Engel Chairman, President and CEO
WESCO International John Engel Chairman, President and CEO Raymond James 37 th Annual Institutional Investors Conference 2016 Raymond James 37th Annual Institutional Investors Conference 2016 Safe Harbor
More informationViaSat, Inc. FY17 Q2 Results
ViaSat, Inc. FY17 Q2 Results November 8, 2016 1 Safe Harbor Disclosure website at www.viasat.com. 2 Forward-Looking Statements This presentation contains forward-looking statements regarding future events
More informationUS Ecology, Inc. Q Earnings Conference Call
US Ecology, Inc. Q2 2018 Earnings Conference Call August 3, 2018 1 Today s Hosts Jeff Feeler Chairman & Chief Executive Officer Eric Gerratt Executive Vice President & Chief Financial Officer Steve Welling
More informationADVANSIX ANNOUNCES THIRD QUARTER 2017 FINANCIAL RESULTS. Sales of $367 million, up 13% versus prior year
AdvanSix.com News Release ADVANSIX ANNOUNCES THIRD QUARTER 2017 FINANCIAL RESULTS Sales of $367 million, up 13% versus prior year Cash Flow from Operations of $38 million, up $13 million versus prior year
More informationAverage butter market is the average daily price for Grade AA Butter traded on the CME, used as the base price for butter. 4
We are presenting the results for the first quarter of fiscal 2018, which ended on June 30, 2017. Net earnings totalled $200.3 million, an increase of $23.6 million or 13.4%. Earnings before interest,
More informationBlueLinx Third Quarter 2018 Earnings Webcast
BlueLinx Third Quarter 2018 Earnings Webcast Notes To Investors Forward-Looking Statements. This presentation includes forward-looking statements within the meaning of the Private Securities Litigation
More informationForward-Looking Statement and Legends
Forward-Looking Statement and Legends CAUTIONARY STATEMENT REGARDING FORWARD LOOKING STATEMENTS This presentation may contain forward-looking statements made pursuant to the safe harbor provisions of the
More informationMomentive Performance Materials Inc. 22 Corporate Woods Blvd. Albany, NY 12211
Momentive Performance Materials Inc. 22 Corporate Woods Blvd. Albany, NY 12211 NEWS RELEASE FOR IMMEDIATE RELEASE Momentive Performance Materials Inc. Reports Fourth Quarter and Fiscal Year 2010 Results
More informationInvestor Presentation. February 2019
Investor Presentation February 2019 Forward Looking Statements and Non-GAAP Financial Measures This presentation contains forward-looking statements within the meaning of the Private Securities Litigation
More informationJuly 26, Second Quarter 2018 Earnings Presentation
July 26, 2018 Second Quarter 2018 Earnings Presentation Disclaimer Statement Regarding Safe Harbor For Forward-Looking Statements This presentation contains forward-looking statements, that is, information
More informationCCL Industries Announces Second Quarter Results
News Release For Immediate Release, Thursday, August 9, 2018 Stock Symbol: TSX CCL.A and CCL.B CCL Industries Announces Second Quarter Results Second Quarter Highlights Adjusted basic earnings per Class
More informationFY 2017 SECOND QUARTER EARNINGS. Adient delivers strong Q2 results; increases full year earnings expectations $286M $192M $2.04 $4,212M $235M 7.
FY 2017 SECOND QUARTER EARNINGS Adient delivers strong Q2 results; increases full year earnings expectations > > GAAP net income and EPS diluted increased to $192M and $2.04, respectively; adjusted-eps
More informationFINANCIAL OVERVIEW AL M I S T Y S Y N
FINANCIAL OVERVIEW AL MISTYSYN SENIOR VICE PRESIDENT, FINANCE & CHIEF FINANCIAL OFFICER Forward-Looking Statement The presentations today will contain certain forward-looking statements," within the meaning
More informationQ1 FY18 Results and Acquisition of KapStone Paper & Packaging Corporation. January 29, 2018
Q1 FY18 Results and Acquisition of KapStone Paper & Packaging Corporation January 29, 2018 Forward Looking Statements This presentation contains forward-looking statements within the meaning of the Private
More informationEurope June Carol Tomé Executive Vice President, Corporate Services & Chief Financial Officer. Diane Dayhoff Vice President, Investor Relations
Europe June 2017 Carol Tomé Executive Vice President, Corporate Services & Chief Financial Officer Diane Dayhoff Vice President, Investor Relations Forward Looking Statements and Non-GAAP Financial Measurements
More informationDaseke, Inc. Consolidating the Flatbed & Specialized Logistics Market Acquisition Conference Call December 6 th, 2017
Daseke, Inc. Consolidating the Flatbed & Specialized Logistics Market Acquisition Conference Call December 6 th, 2017 Important Disclaimers Forward-Looking Statements This presentation includes forward-looking
More informationMulti-Color Corporation Investor Update
Multi-Color Corporation Investor Update October 2018 Nasdaq: LABL www.mcclabel.com Safe Harbor Statement The Company believes certain SAFE statements contained HARBOR in this report STATEMENT that are
More informationViasat, Inc. FY18 Q4 results. May 24, 2018
Viasat, Inc. FY18 Q4 results May 24, 2018 Safe Harbor Disclosure Forward-looking statements This presentation contains forward-looking statements regarding future events and our future results that are
More informationCARS.COM. First Quarter 2018 Earnings May 9, 2018
CARS.COM First Quarter 2018 Earnings May 9, 2018 Forward Looking Statements This presentation contains forward looking statements within the meaning of the federal securities laws, including those statements
More informationWestRock KeyBanc's Basic Materials and Packaging Conference. September 14, 2016
WestRock KeyBanc's Basic Materials and Packaging Conference September 14, 2016 Forward-looking Statements This presentation contains forward-looking statements within the meaning of the Private Securities
More informationFourth Quarter 2017 Earnings
Fourth Quarter 2017 Earnings Disclaimer Forward-Looking Statements This presentation contains forward-looking statements within the meaning of the Federal Private Securities Litigation Reform Act of 1995.
More informationCIBC Annual Whistler Institutional Investor Conference January 25-28, 2017 Whistler, BC. parkland.ca
CIBC Annual Whistler Institutional Investor Conference January 25-28, 2017 Whistler, BC parkland.ca FORWARD LOOKING STATEMENT DISCLAIMER & NOTE ON NON-GAAP MEASURES 2 Certain information included herein
More informationrd Quarter Results
2017 3 rd Quarter Results Non-GAAP Financial Measures Non-GAAP Financial Measures This presentation includes certain non-gaap financial measures, including constant currency sales, Adjusted EBITDA, constant
More informationDaseke, Inc. Q Earnings Presentation
Daseke, Inc. Q2 2018 Earnings Presentation August 9, 2018 Important Disclaimers Forward-Looking Statements This presentation includes forward-looking statements within the meaning of the safe harbor provisions
More informationFINANCIAL OVERVIEW AL MISTYSYN SENIOR VICE PRESIDENT, FINANCE & CHIEF FINANCIAL OFFICER FINANCIAL COMMUNITY PRESENTATION OCTOBER 3, 2017
FINANCIAL OVERVIEW AL MISTYSYN SENIOR VICE PRESIDENT, FINANCE & CHIEF FINANCIAL OFFICER FINANCIAL COMMUNITY PRESENTATION OCTOBER 3, 2017 Forward Looking Statement The presentations today will contain certain
More informationAustralia/Asia July Diane Dayhoff Vice President, Investor Relations. Lyndsey Burton Senior Manager, Investor Relations
Australia/Asia July 2017 Diane Dayhoff Vice President, Investor Relations Lyndsey Burton Senior Manager, Investor Relations Forward Looking Statements and Non-GAAP Financial Measurements Certain statements
More informationViasat, Inc. FY19 Q3 Results. February 7, 2019
Viasat, Inc. FY19 Q3 Results February 7, 2019 Safe Harbor Disclosure Forward-looking statements This presentation contains forward-looking statements regarding future events and our future results that
More informationCreating Value by Accelerating Transformation & Growth
Creating Value by Accelerating Transformation & Growth Univar Announces Agreement to Acquire Nexeo September 17, 2018 1 2018 Univar, Inc. All rights reserved. Forward-Looking Statements This communication
More informationINTERTAPE POLYMER GROUP INC
INTERTAPE POLYMER GROUP INC FORM 40-F (Annual Report (foreign private issuer)) Filed 05/13/04 for the Period Ending 05/13/04 Telephone 941-739-7574 CIK 0000880224 Symbol ITPOF SIC Code 2670 - Converted
More informationTechnology Investors
Raymond James Technology Investors Conference December 5, 2017 Forward-Looking Statements Certain statements in this communication may contain forward-looking statements within the meaning of the Private
More informationThis presentation for Loblaw Companies Limited ( Loblaw ) and Shoppers Drug Mart Corporation ( Shoppers Drug Mart ) contains forward-looking statement
1 This presentation for Loblaw Companies Limited ( Loblaw ) and Shoppers Drug Mart Corporation ( Shoppers Drug Mart ) contains forward-looking statements about the proposed acquisition by Loblaw of all
More informationEastman Announces Fourth-Quarter and Full-Year 2014 Financial Results
Eastman Announces Fourth-Quarter and Full-Year 2014 Financial Results KINGSPORT, Tenn., Jan. 29, 2015 Eastman Chemical Company (NYSE:EMN) today announced earnings, excluding non-core or non-recurring items,
More informationINTERCONTINENTAL EXCHANGE. Earnings Supplement May 3, 2017
INTERCONTINENTAL EXCHANGE 1Q17 Earnings Supplement INTERCONTINENTAL EXCHANGE 1Q17 Earnings May 3, 217 Supplement May 3, 217 Forward-Looking Statement and Legends CAUTIONARY STATEMENT REGARDING FORWARD
More informationUS Ecology, Inc. Q Earnings Conference Call
US Ecology, Inc. Q1 2018 Earnings Conference Call May 4, 2018 1 Today s Hosts Jeff Feeler Chairman & Chief Executive Officer Eric Gerratt Executive Vice President & Chief Financial Officer Steve Welling
More informationVeritiv Announces First Quarter 2018 Financial Results
Veritiv Announces First Quarter 2018 Financial Results Reports First Quarter Net Sales of $2.1 Billion, Net Loss of $(15.8) Million, Basic and Diluted Loss per Share of $(1.00), and Adjusted EBITDA of
More informationINVESTOR BRIEFING. Our vision:
INVESTOR BRIEFING February 2017 NYSE: BMS Our vision: A passionate commitment to the growth and success of our customers will make Bemis the clear choice for inspired packaging solutions SAFE HARBOR STATEMENT
More informationCheckpoint Systems Acquisition Investor Update March 2 nd Geoffrey T. Martin, President & CEO Sean P. Washchuk, Senior Vice President & CFO
Checkpoint Systems Acquisition Investor Update March 2 nd 2016 Geoffrey T. Martin, President & CEO Sean P. Washchuk, Senior Vice President & CFO Disclaimer This presentation contains forward looking information
More information4Q 2018 Highlights and Operating Results. Products. Technology. Services. Delivered Globally.
4Q 2018 Highlights and Operating Results Products. Technology. Services. Delivered Globally. Table of Contents Page 3 Safe Harbor Statement and Non-GAAP Financial Measures 4 Sales Overview 9 Overview of
More informationFY 2017 FOURTH QUARTER EARNINGS. Adient s Q4 results solidify a strong FY17; positive momentum reflected in FY18 outlook $389M $344M $3,979M $3.
FY 2017 FOURTH QUARTER EARNINGS Adient s Q4 results solidify a strong FY17; positive momentum reflected in FY18 outlook > > Q4 GAAP net income and EPS diluted increased to $344M and $3.67, respectively;
More informationINVESTOR BRIEFING. March 2013
INVESTOR BRIEFING March 2013 Safe Harbor Statement This presentation includes forward-looking statements within the meaning of the Safe Harbor provisions of the Securities Litigation Reform Act of 1995.
More informationHORIZON GLOBAL DRIVEN TO DELIVER. 28 th Annual Roth Conference March 2016 NYSE: HZN
HORIZON GLOBAL DRIVEN TO DELIVER 28 th Annual Roth Conference March 2016 1 Safe Harbor Statement Forward-Looking Statements This presentation may contain "forward-looking statements" as defined in the
More informationQ3 QUARTERLY REPORT. Richards Packaging Income Fund. Quarter ended September 30, Report Contents
Q3 QUARTERLY REPORT Richards Packaging Income Fund Quarter ended September 30, 2007 Report Contents Report to Unitholders...1 Management s discussion and analysis...2 Consolidated financial statements...12
More informationCORRECTING and REPLACING United Natural Foods, Inc. Announces Fiscal 2017 Fourth Quarter and Full Fiscal Year Results and Fiscal 2018 Guidance
CORRECTING and REPLACING United Natural Foods, Inc. Announces Fiscal 2017 Fourth Quarter and Full Fiscal Year Results and Fiscal 2018 Guidance September 13, 2017 PROVIDENCE, R.I.--(BUSINESS WIRE)--In the
More informationProposed Acquisition of Alent plc Investor Presentation July 13, 2015
Proposed Acquisition of Alent plc Investor Presentation July 13, 2015 Safe Harbor Please note that this presentation is intended to qualify for the safe harbor from liability established by the Private
More informationDXP Enterprises, Inc. Acquisition of
DXP Enterprises, Inc. Acquisition of Presented by: David Little Chairman, President & CEO Mac McConnell Senior Vice President & CFO Kent Yee Senior Vice President of Corporate Development NASDAQ: DXPE
More informationPresented by: David Little Chairman, President & CEO. Kent Yee Senior Vice President & CFO NASDAQ: DXPE AUGUST 2017
Presented by: David Little Chairman, President & CEO Kent Yee Senior Vice President & CFO Mac McConnell Senior Vice President & CAO NASDAQ: DXPE AUGUST 2017 FORWARD LOOKING STATEMENTS This presentation
More informationMulti-Color Corporation Investor Update
Multi-Color Corporation Investor Update November 2018 Nasdaq: LABL www.mcclabel.com Safe Harbor Statement SAFE HARBOR STATEMENT The Company believes certain statements contained in this report that are
More informationWilliam Blair Growth Stock Conference June 15, Member FINRA/SIPC
William Blair Growth Stock Conference June 15, 2011 Member FINRA/SIPC Safe Harbor Disclosure The following information contains forward-looking statements. Forward-looking statements include statements
More informationWESCO International John Engel Chairman, President and CEO. EPG Conference May 16, 2016
WESCO International John Engel Chairman, President and CEO Safe Harbor Statement Note: All statements made herein that are not historical facts should be considered as forwardlooking statements within
More informationSecond Quarter 2018 Earnings Presentation May 8, 2018
Second Quarter 2018 Earnings Presentation May 8, 2018 Cautionary statements This presentation contains forward-looking statements that are subject to known and unknown risks and uncertainties, many of
More informationAvery Dennison. Jefferies Industrials Conference August 9, Cindy Guenther VP Investor Relations and Treasury
Avery Dennison Jefferies Industrials Conference August 9, 2018 Cindy Guenther VP Investor Relations and Treasury 1 Forward-Looking Statements Certain statements contained in this document are "forward-looking
More information/// The New Wabtec. February 25, 2019
The New Wabtec February 25, 2019 DISCLAIMER / FORWARD-LOOKING STATEMENTS Caution Concerning Forward-Looking Statements This presentation contains forward-looking statements as that term is defined in Section
More information3Q 2018 Highlights and Operating Results. Products. Technology. Services. Delivered Globally.
3Q 2018 Highlights and Operating Results Products. Technology. Services. Delivered Globally. Table of Contents Page 3 Safe Harbor Statement and Non-GAAP Financial Measures 4 Sales Overview 9 Overview of
More informationSELECTIVE INSURANCE GROUP, INC.
SELECTIVE INSURANCE GROUP, INC. SIDOTI & COMPANY, LLC 15 TH ANNUAL EMERGING GROWTH INSTITUTIONAL INVESTOR FORUM SELECTIVE INSURANCE GROUP, INC. MARCH 22, 2011 SELECTIVE INSURANCE GROUP, INC. FINANCIAL
More information