BRADY CORPORATION ANNUAL SHAREHOLDERS MEETING
|
|
- Marshall Edwards
- 5 years ago
- Views:
Transcription
1 BRADY CORPORATION ANNUAL SHAREHOLDERS MEETING November 20, 2008
2 AGENDA Election of the Board of Directors President s Report Financial Report Summary Question & Answer Period
3 ELECTION OF BOARD OF DIRECTORS Patrick Allender Executive Vice President and Chief Financial Officer (Retired), Danaher Corporation Richard Bemis Co-chairman, Board of Directors, Bemis Manufacturing Robert Buchanan Chairman of the Board (Retired), Fox Valley Corporation Chan Galbato Consultant, CWG Hillside Investments Conrad Goodkind Attorney, Quarles & Brady
4 ELECTION OF BOARD OF DIRECTORS Dr. Frank Harris President and CEO, Akron Polymer Systems Frank Jarc Consultant Gary Nei Chairman, Nei-Turner Media Dr. Elizabeth Pungello Developmental Psychologist, Frank Porter Graham Child Development Institute, Univ. of North Carolina at Chapel Hill Bradley C. Richardson Executive Vice President, Corporate Strategy and Chief Financial Officer, Modine Manufacturing Frank Jaehnert President & CEO, Brady Corporation
5 ELECTION OF BOARD OF DIRECTORS Shareholders of 100% of the Class B Common Voting Stock vote in favor of the election of the director nominees and they are therefore elected to a one-year term.
6 FORWARD-LOOKING STATEMENTS We believe that certain statements in this presentation are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of All statements related to future, not past, events included in this presentation, including, without limitation, statements regarding our future financial position, business strategy, targets, projected sales, costs, earnings, capital expenditures, debt levels and cash flows, and plans and objectives of management for future operations are forward-looking statements. When used in this presentation, words such as may, will, expect, intend, estimate, anticipate, believe, should, project or plan or similar terminology are generally intended to identify forward-looking statements. These forward-looking statements by their nature address matters that are, to different degrees, uncertain and are subject to risks, assumptions and other factors, some of which are beyond our control, that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. For us, uncertainties arise from future financial performance of major markets we serve, which include, without limitation, telecommunications, manufacturing, electrical, construction, laboratory, education, governmental, public utility, computer, transportation; difficulties in making and integrating acquisitions; risks associated with newly acquired businesses; our ability to retain significant contracts and customers; future competition; our ability to develop and successfully market new products; changes in the supply of, or price for, parts and components; increased price pressure from suppliers and customers; interruptions to sources of supply; environmental, health and safety compliance costs and liabilities; our ability to realize cost savings from operating initiatives; our ability to attract and retain key talent; difficulties associated with exports; risks associated with international operations; fluctuations in currency rates versus the US dollar; technology changes; potential write-offs of our substantial intangible assets; risks associated with obtaining governmental approvals and maintaining regulatory compliance for new and existing products; business interruptions due to implementing business systems; and numerous other matters of national, regional and global scale, including those of a political, economic, business, competitive and regulatory nature contained from time to time in our U.S. Securities and Exchange Commission filings, including, but not limited to, those factors listed in the "Risk Factors" section located in Item 1A of Part II of our Annual Report on Form 10-K for the period ended July 31, These uncertainties may cause our actual future results to be materially different than those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements. We refer to certain non-gaap financial measures in this presentation. Reconciliations of these non-gaap financial measures to the most directly comparable GAAP financial measures can be found within this presentation.
7 BRADY'S MISSION We identify and protect premises, products and people 7
8 BRADY S VISION To Be the Leader in the Markets We Serve Enabled by World Class People Delivering Differentiated Solutions to Loyal Customers To Achieve Sustainable Long-Term Shareholder Value
9 HIGHLIGHTS OF F 08 Record sales, net income and cash flow for the year Sales of $1.523B up 12% Net Income of $132.2M up 21% Cash Flow from Operations of $226M up 66% Continued investment and improvement in new product development Continued geographic expansion and penetration 2 acquisitions Began roll-out of BBPS (Brady Business Performance System) to align initiatives and improve productivity across company 8 successful SAP implementations
10 DRIVING SHAREHOLDER VALUE CREATION Within five years, sales nearly tripled to $1.5 billion. Profit is more than six times higher with net income of $132 million in fiscal 2008, compared to $21 million in fiscal Revenue ($ in millions) Net Income ($ in millions) 22% 22% CAGR CAGR 44% 44% CAGR CAGR 7% CAGR
11 STRATEGIES TO DRIVE GROWTH New Product Development From refreshers and enhancements To proprietary new products and innovation Geographies From setting up operations in new locations To further penetrating the market where we are Acquisitions From acquiring competitors in our space To acquiring businesses in adjacent spaces Continuous Improvement From benchmarking and following best practices To leading the way with the Brady Business Performance System
12 NEW PRODUCT DEVELOPMENT R&D Investment $ s in millions Operating Margins Intellectual Property Focus on proprietary products Materials, Systems, Software Customer application expertise Helps us sell at premium prices Brady and other Trademarks 152 Active U.S. Patents 203 Active International Patents
13 NEW PRODUCTS IN F 08 IP 300/600 Printer Family Smart-cell technology for hassle-free, self-adjusting printing Passage Point Global Software Manage visitor identification and access Credential verification, database integration, photo and secure badge printing B-416 Polyimide Printed Circuit Board Labels 1 mil thick Innovative white printable top-coat formulation for thinner label construction
14 NEW PRODUCTS IN F 08 B-481 Slide Label Chemical-resistant, printable label for medical lab identification LOTO Ready Access Storage Station Durable, molded lockout/tag-out station boxes BBP 81 Printer High performance OEM thermaltransfer printer
15 GLOBAL PRESENCE Three Regions Americas (US, Canada, Mexico, Brazil) Europe Asia/Pacific Represents F 08 revenues More than 100 global sites More than 7,800 employees
16 GEOGRAPHIES F 08 HIGHLIGHTS Mexico Brazil US-Dallas, TX Malaysia Expanded custom label manufacturing and distribution São Paulo: relocated Asterisco business operations adjacent to Brady/Seton Expanded capacity, higher environmental standards, better work environment State-of-the-art Medical Die-cut manufacturing facility and clean room Upgraded manufacturing facility Installation of new tower coater, knife over roll coater, and test lab
17 ACQUISITIONS IN F 08 TRANSPOSAFE Specialists in security sealing Operations in the Netherlands, Belgium, Germany and Poland DAWG Direct Marketer of sorbents and spillcontrol products Increases market share of SPC acquired last year
18 CONTINUOUS IMPROVEMENT Leading the way with the Brady Business Performance System Building Organizational Capability - The Way We Work Systematic approach to eliminating waste throughout the company Proven methodology for deploying strategy throughout the company Building capability throughout the organization Hundreds of BBPS activities occurring worldwide throughout the company
19 WINNING THE RIGHT WAY Brady Corporation Foundation Now in its third year, gave more than $1M to programs and organizations that develop leadership at all levels in our communities Ethics Brady was featured for 8 years in a row as one of the 100 Best Corporate Citizens Sustainability Brady operations & products are already meeting or exceeding environmental standards. We continue to look for opportunities to preserve global resources.
20 2008 ANNUAL SHAREHOLDERS MEETING FINANCIAL OVERVIEW
21 FINANCIAL HIGHLIGHTS FISCAL 2008 Sales of $1.523B, up 12% vs. prior year Gross Margin at 48.9%, up 70 bps from prior year SG&A at 32.6%, down 40 bps from prior year Operating Income $207.7M, up 21% from prior year 13.6% of sales, up 100 bps from prior year Net Income $132.2M, up 21% from prior year 8.7% of sales, up 70 bps Diluted EPS of $2.41, up 21% from prior year Cash Flow from Operations $226M, up 66% from prior year Capital Expenditures at $26.4M, down 49% from prior year Depreciation & Amortization at $60.6M up 12% from prior year
22 FIVE YEAR SALES GROWTH (For the years ended July 31 st ) 40% 35% 30% 25% 20% 15% 10% 5% 0% -5% 34% 4% 25% 21% 22% 3% 6% 16% 26% 12% 13% 10% 6% 9% 6% 5% 4% 6% 1% 0% F04 F05 F06 F07 F08 Currency Acquisitions Organic
23 GLOBAL PRESENCE F 03 TO F 08 Americas Europe Asia/Pacific Sales ($ in millions) Sales ($ in millions) Sales ($ in millions) Segment Profit ($ in millions, pre-tax) 150 Segment Profit ($ in millions, pre-tax) Segment Profit ($ in millions, pre-tax)
24 FIVE YEAR PROFITABILITY METRICS Gross Margin % Operating Income % 54% 53.1% 18% 52% 50% 48% 46% 51.5% 51.6% 48.2% 48.9% F04 F05 F06 F07 F08 15% 12% 9% 10.6% 15.0% 15.4% 12.6% 13.6% SG&A % 6% 38% 37.0% 3% 36% 35.0% 34% 32% 33.3% 33.0% 32.6% 0% F04 F05 F06 F07 F08 Cost Red. Charges 0.6% 0.8% GAAP 10.6% 15. 0% 15.4% 12. 6% 13. 6% 30% F04 F05 F06 F07 F08
25 FIVE YEAR DILUTED EPS (For the years ended July 31 st ) 23% CAGR Issued 4.6M shares in equity offering June 06
26 CASH FLOW FROM OPERATING ACTIVITIES $M Cash from Operating Activities F 08 Cash from Operating Activities was $226M, up 66% or $90M vs. p/y Incentives for fiscal 2008 and 2009 include an element for Working Capital Management focus is paying off Positive trend throughout F2008 Record Q4 cash flow
27 FOCUS ON WORKING CAPITAL Year-End R + I P - D as % of Q4 Annualized Net Sales F07 F08 ( R ) Accounts Receivable 16.3% 16.1% (260 bps) ( I ) Inventory 9.7% 8.4% 18.7% 16.1% ( P ) Accounts Payable 6.3% 7.5% ( D ) Deferred Revenue 1.0% 0.9% Total (R + I P D) 18.7% 16.1% F07 F08 +$40M Additional Cash Generation
28 FINANCIAL HIGHLIGHTS Q1 FISCAL 2009 Sales of $378M, down 0.5% vs. prior year Gross Margin at 47.9%, down 150 bps from prior year SG&A at 30.6%, down 110 bps from prior year Operating Income $56.2M, down 4% from prior year 14.9% of sales, down 40 bps from prior year Net Income $37.1M, up 2% from prior year 9.8% of sales, up 20 bps Diluted EPS of $0.69, up 5% from prior year Cash Flow from Operations at -$4.7M, down 114% from prior year Capital Expenditures at $6.4M, down 13% from prior year Depreciation & Amortization at $13.7M down 3% from prior year
29 Q1 TOTAL COMPANY GROWTH Percent Growth 40% 30% 20% 10% 0% -10% Q1- F08 Q2- F08 Q3- F08 Q4- F08 Q1- F09 Organic Acquisitions Currency Total Sales Growth % Fiscal Total growth -1% Organic growth -3% By segment Americas -8% Europe -5% Asia-Pacific +11% Acquisition growth 2% By segment Americas +1% Europe +6% Asia-Pacific none Flat Currency
30 Q1 NET INCOME AND DEPS $M Net Income Q1 Q2 Q3 Q4 Net income of $37.1M, up 2% 9.8% of sales, up 20 bps Tax rate 28.2% in Q1 F08 F09 $ Diluted Earnings Per Share Diluted EPS for the qtr a record 69 cents 0.70 vs. 66 cents in prior year Up 5% Includes affect of approximately 1.15M 0.10 shares purchased in the quarter 0.00 Q1 Q2 Q3 Q4 F08 F09
31 DIVIDEND HISTORY (per share) 23 Straight Years of Dividend Increases Year Dividend $0.70 $0.60 $0.50 $0.40 $0.30 $0.20 $0.10 $0.00 $0.10 $0.11 $0.13 $0.10 $0.07 $0.08 $0.03 $0.04$0.05 $0.02 $0.02 $0.20 $0.26 $0.30 $0.32$0.34 $0.36 $0.38$0.40 $0.44 $0.42 '85 '86 '87 '88 '89 '90 '91 '92 '93 '94 '95 '96 '97 '98 '99 '00 '01 '02 '03 '04 '05 '06 '07 '08 '09 $0.52 $0.56 $0.60 $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $0.02
32 BALANCE SHEET STRENGTH Oct 31 st 2008 vs. July 31 st 2008 (US $ Millions) Assets Oct 31 July 31 Liabilities Oct 31 July 31 Cash & Equivalents $179 $258 Current Liabilities $233 $288 Short-Term Investments Other Liabilities Accounts Receivable Short-Term Debt Inventories Long- Term Debt Other Current Assets Total Liabilities Other Assets Goodwill & Intang Equity Net Property, Plant & Stockholders Invest ,022 Equipment Total $1,648 $1,851 Total $1,648 $1,851 Continue to have strong balance sheet with strong cash balance and modest low-rate debt balance
33 DISCIPLINED CAPITAL STRUCTURE We maintain a conservative balance sheet with flexibility for future growth Q1 Ending Balances Debt / EBITDA vs. Net Debt/PF EBITDA $500 $400 $300 $200 $100 $0 Gross Debt Net Debt* Q1 TTM EBITDA Q1 TTM PF EBITDA $M's x 2.0x 1.5x 1.0x.5x.0x Q3 F'07 2.3x 2.2x2.1x2.0x1.9x 1.6x 1.4x1.3x Q4 F'07 Q1 F'08 1.2x Q2 F'08 1.8x 1.0x 0.8x Q3 F'08 Q4 F'08 Q1 F'09 1.8x 1.1x *ST plus LT Debt less Cash and Cash Equivalents and ST Investments
34 IMPACT OF THE CURRENT ECONOMY Brady does not have credit issues Brady does have good cash flow Currency fluctuations continue Customers are experiencing problems which are affecting us We are preparing for the storm by Global workforce reduction of approx. 10% Freezing salaries Reducing discretionary spending Increase in BBPS activities Continue investment for long-term strength R&D E-business Acquisitions BBPS Leadership Development
35 F 09 OUTLOOK AND PRIORITIES Taking the steps needed to deal with new economic challenges Execution of Brady s Business Performance System (BBPS) Organic growth Continue investment and improvements in new product development Focus on e-business Continue roll out of SAP and focus on E-business Nearly 70% of our business on SAP Leverage Shared Services and common practices Acquisition growth Substantively complete with integrations Execute our current pipeline and look for opportunities for adjacencies Focus on cost structure, profitability and working capital management
36 THE SILVER LINING Brady has a long tradition of growth and success We are positioned better than many others Brady will take advantage of opportunities Acquisitions Leadership development And will emerge from this economic downturn Even stronger More competitive
37 THANK YOU! To all our employees for their hard work, discipline and focus To Brady s Board of Directors for their support and encouragement And to you, our shareholders for your continued support
38 Questions & Answers Questions & Answers
39 FOR MORE INFORMATION Contact Barbara Bolens Director, Investor Relations And see our web site at
Xylem Agrees to Acquire Sensus to Broaden Portfolio and Enhance Growth Platform AUGUST 15, 2016
1 Xylem Agrees to Acquire Sensus to Broaden Portfolio and Enhance Growth Platform AUGUST 15, 2016 Forward-Looking Statements This presentation contains information that may constitute forward-looking statements.
More informationRohm and Haas Company. Jacques M. Croisetière Executive Vice President and CFO Morgan Stanley Basic Materials Conference
Rohm and Haas Company Jacques M. Croisetière Executive Vice President and CFO Morgan Stanley Basic Materials Conference 1 Forward Looking Statement The presentation today may include forward-looking statements
More informationPentair KeyBanc Capital Markets Industrial, Automotive & Transportation Conference
Pentair KeyBanc Capital Markets Industrial, Automotive & Transportation Conference John L. Stauch Chief Financial Officer May30, 2013 PENTAIR FORWARD-LOOKING STATEMENTS CAUTION CONCERNING FORWARD-LOOKING
More information2016 THIRD-QUARTER EARNINGS REVIEW October 25, 2016
2016 THIRD-QUARTER EARNINGS REVIEW October 25, 2016 0 THIRD-QUARTER EARNINGS PRESENTATION WHIRLPOOL CORPORATION ADDITIONAL INFORMATION This presentation contains forward-looking statements about Whirlpool
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 information2Q 2017 Highlights and Operating Results
2Q 2017 Highlights and Operating Results July 25, 2017 1 2Q 2017 Highlights and Operating Results Table of Contents Page(s) 1 Sales Overview and Highlights 4-5 2 NSS Overview 6-7 3 EES Overview 8-9 4 UPS
More informationTennant Company Reports 2011 Fourth Quarter and Full Year Results
INVESTOR CONTACT: MEDIA CONTACT: Tom Paulson Kathryn Lovik Vice President and Chief Financial Officer Director, Communications 763-540-1204 763-540-1212 Tennant Company Reports 2011 Fourth Quarter and
More informationSECOND QUARTER 2018 BUSINESS REVIEW. Jonathan W. Painter, President & CEO Michael J. McKenney, Executive Vice President & CFO
SECOND QUARTER 2018 BUSINESS REVIEW Jonathan W. Painter, President & CEO Michael J. McKenney, Executive Vice President & CFO Forward-Looking Statements The following constitutes a Safe Harbor statement
More informationINVESTOR PRESENTATION
INVESTOR PRESENTATION F O RWA R D L O O K I N G S TAT E M E N T S This presentation contains forward-looking information (within the meaning of the Private Securities Litigation Reform Act of 1995) regarding
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 informationMcCormick & Company, Inc. 4th Quarter 2018 Financial Results and 2019 Outlook
McCormick & Company, Inc. 4th Quarter 2018 Financial Results and 2019 Outlook January 24 th 2019 The following slides accompany a January 24 th 2019, earnings release conference call. This information
More informationation erials nt Mat ese Pr or lementalestvin Supp
Supplemental Investor Presentation Materials DENTSPLY International, Inc. Third Quarter 2014 Earnings Supplemental Materials October 29, 2014 2 Forward Looking Statements This presentation contains 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 informationJuniper Networks, Inc. Reports Q1 05 Financial Results Q1 05 Net Revenue $449.1M; GAAP EPS $0.13; Non-GAAP EPS $0.16
Investor Relations Contact: Public Relations Contact: Randi Paikoff Feigin Kathy Durr Tel: 408-745-2371 Tel: 408-745-5058 randi@juniper.net kdurr@juniper.net Juniper Networks, Inc. Reports Q1 05 Financial
More informationCommScope Reports Fourth Quarter and Full Year 2018 Results
CommScope Reports Fourth Quarter and Full Year 2018 Results February 21, 2019 Fourth Quarter 2018 Performance Sales of $1.06 billion GAAP operating income of $49 million Non-GAAP adjusted operating income
More informationLOOKING statements. Forward
1 Forward LOOKING statements This presentation contains forward-looking statements regarding future events or the future financial performance of the Company that involve substantial risks and uncertainties.
More informationWESCO International John Engel Chairman, President and CEO. William Blair & Company 36 th Annual Growth Stock Conference June 14, 2016
WESCO International John Engel Chairman, President and CEO William Blair & Company 36 th Annual Growth Stock Conference June 14, 2016 Safe Harbor Statement Note: All statements made herein that are not
More informationXYLEM INC. Q EARNINGS RELEASE FEBRUARY 1, 2018
XYLEM INC. Q4 2017 EARNINGS RELEASE FEBRUARY 1, 2018 Q4 2017 EARNINGS RELEASE FORWARD-LOOKING STATEMENTS This presentation contains information that may constitute forward-looking statements. Forward-looking
More informationRPX Corporation Investor Presentation
RPX Corporation Investor Presentation August 2017 RPX CORPORATION 2017 DO NOT COPY, DISTRIBUTE, BROADCAST OR INCORPORATE THESE MATERIALS WITHOUT THE EXPRESS WRITTEN CONSENT OF RPX CORPORATION Safe Harbor
More informationNovember Rick Goings. Chairman & CEO
November 2016 Rick Goings Chairman & CEO Forward looking statements We are making some forward looking statements today that use words like outlook or target or similar predictive words. Such forward looking
More informationSeaport Global Securities Transports & Industrials Conference. March 22, We ve Got Chemistry
Seaport Global Securities Transports & Industrials Conference March 22, 2017 We ve Got Chemistry Cautionary Statement Certain information in this presentation consists of forward-looking statements within
More informationTENNANT COMPANY. Earnings Release Conference Call First Quarter Monday, April 23, 2018
Earnings Release Conference Call First Quarter 2018 Monday, April 23, 2018 1 On the Call Today Chris Killingstad President and CEO Tom Paulson Senior VP, CFO 2 Forward Looking Statements & Non-GAAP Measures
More informationMcCormick & Company, Inc. 3rd Quarter 2017 Financial Results and Outlook September 28, 2017
McCormick & Company, Inc. 3rd Quarter 2017 Financial Results and Outlook September 28, 2017 1 The following slides accompany a September 28, 2017 earnings release conference call. This information should
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 informationHewitt Associates, Inc Robert W. Baird Business Solutions Conference
February 26, 2009 Hewitt Associates, Inc. 2009 Robert W. Baird Business Solutions Conference Forward-Looking Statements and Non-GAAP Financial Measures This presentation contains forward-looking statements
More informationLITTELFUSE REPORTS FIRST QUARTER RESULTS
NEWS RELEASE CONTACT: Phil Franklin, Vice President, Operations Support, CFO and Treasurer (773) 628-0810 LITTELFUSE REPORTS FIRST QUARTER RESULTS CHICAGO, May 6, 2010 Littelfuse, Inc. (NASDAQ:LFUS) today
More informationAvery Dennison. Baird 2018 Global Industrial Conference. Mitch Butier President and Chief Executive Officer. November 8, 2018
Avery Dennison November 8, 2018 Mitch Butier President and Chief Executive Officer 1 Forward-Looking Statements Certain statements contained in this document are "forward-looking statements" intended to
More informationPCM Reports Record Second Quarter Results
July 27, 2016 PCM Reports Record Second Quarter Results Reports Record EPS of $0.61; Record Adjusted EPS of $0.66 Company Increases Full-Year Earnings Guidance, Expects $1.51 to $1.64 Adjusted EPS EL SEGUNDO,
More informationInvestor Presentation
Investor Presentation May 2013 48,000 employees 200 offices 70 countries 1 global platform Table of Contents I. Company Description II. Global Growth Strategy III. Financial Overview IV. Appendix 2 Company
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 informationQuaker Chemical Corporation. Investor Presentation. August 2016
Quaker Chemical Corporation Investor Presentation August 2016 1 Risk and Uncertainties Statement Regulation G The attached charts include Company information that does not conform to generally accepted
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 informationCORRECTING and REPLACING Herbalife Ltd. Announces Fourth Quarter and Record Full Year 2008 Results
CORRECTING and REPLACING Herbalife Ltd. Announces Fourth Quarter and Record Full Year 2008 Results LOS ANGELES, Feb 24, 2009 (BUSINESS WIRE) -- First graph, first sentence in "First Quarter 2009 and Full
More informationWaters Corporation Management Presentation
Waters Corporation Management Presentation Chris O Connell Chairman & Chief Executive Officer January 2019 Cautionary Statements This presentation may contain forward-looking statements regarding future
More informationFirst Quarter 2017 Results & Outlook for May 2, 2017
First Quarter 2017 Results & Outlook for 2017 May 2, 2017 Forward-Looking Statements and Risk Factors This presentation contains statements which constitute forward-looking statements, within the meaning
More informationRogers Corporation Q Earnings Call Nov. 3, 2016
Rogers Corporation Q3-2016 Earnings Call Nov. 3, 2016 Introductions Bruce Hoechner President & Chief Executive Officer Janice Stipp Vice President, Finance & Chief Financial Officer Bob Daigle Senior Vice
More informationHill-Rom Fourth Quarter 2016 Financial Results. November 3, 2016
Hill-Rom Fourth Quarter 2016 Financial Results November 3, 2016 Forward Looking Statements Certain statements in this presentation contain forward-looking statements, within the meaning of the Private
More informationo Operating (non-gaap) Results, including workforce rebalancing charges:
IBM REPORTS 2013 SECOND-QUARTER RESULTS RAISES 2013 OPERATING EPS EXPECTATION BY $0.20 to $16.90, EXCLUDING $1 BILLION SECOND-QUARTER WORKFORCE REBALANCING CHARGE o GAAP Results: - Diluted EPS: $2.91,
More informationQ4 & Full Year 2017 Earnings. Webcast Presentation February 1, 2018
Q4 & Full Year 2017 Earnings Webcast Presentation February 1, 2018 2 Q4 & FY 2017 Earnings Webcast 2/1/18 Safe Harbor Statement All statements made herein that are not historical facts should be considered
More informationTENNECO REPORTS THIRD QUARTER 2014 RESULTS
news release TENNECO REPORTS THIRD QUARTER 2014 RESULTS Record third quarter revenue of $2.1 billion Record third quarter EBIT of $140 million EPS of $1.27 per diluted share Lake Forest, Illinois, October
More informationFourth Quarter & Year- End 2012 Earnings Conference Call
Fourth Quarter & Year- End 2012 Earnings Conference Call January 29, 2012 Patrick Harshman, President & CEO Carolyn Aver, Chief Financial Officer Forward Looking Statements During the course of this presentation,
More informationSeptember Colliers International Group Inc. Investor Presentation
September 2018 Colliers International Group Inc. Investor Presentation Basis Of Presentation All amounts in millions of US Dollars unless otherwise noted. Adjusted EBITDA ( AEBITDA ) and Adjusted EPS (
More informationUS Ecology, Inc. Q Earnings Conference Call
US Ecology, Inc. Q4 2017 Earnings Conference Call February 16, 2018 1 Today s Hosts Jeff Feeler Chairman & Chief Executive Officer Eric Gerratt Executive Vice President & Chief Financial Officer Steve
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 informationCabot Corporation Annual Meeting of Stockholders. Sean D. Keohane March 8, 2018
Cabot Corporation Annual Meeting of Stockholders Sean D. Keohane March 8, 2018 Forward Looking Statements This presentation contains forward-looking statements based on management s current expectations,
More informationBank of America Merrill Lynch Leverage Finance Conference November 30, 2017
Bank of America Merrill Lynch Leverage Finance Conference November 30, 2017 Mark Olson Executive Vice President and Chief Financial Officer Safe Harbor Caution Regarding Forward Looking Statements This
More information2017 Third Quarter Business Review
2017 Third Quarter Business Review (Unaudited) October 24, 2017 1 Earnings Conference Calls Q4: January 25, 2018 2018 Outlook Meeting December 12, 2017 8:00 a.m. - 12:00 p.m. EST 2 Forward looking statement
More informationECOLAB FIRST QUARTER 2018
1Q 2018 Overview Sales: ECOLAB FIRST QUARTER 2018 Reported sales +10% and fixed currency and acquisition adjusted fixed currency sales +6%. New business growth, share gains, pricing and new product introductions
More informationOwens Corning. Investor Presentation. Week of January 15, 2007
Owens Corning Investor Presentation Week of January 15, 2007 Forward-looking Statement and Non-GAAP Measures This presentation contains forward-looking statements within the meaning of Section 27A of the
More information2016 INVESTOR MEETINGS FIRST QUARTER 2016 WHIRLPOOL CORPORATION
2016 INVESTOR MEETINGS FIRST QUARTER 0 FIRST-QUARTER INVESTOR MEETINGS WHIRLPOOL CORPORATION ADDITIONAL INFORMATION This Presentation contains forward-looking statements about Whirlpool Corporation and
More informationPolyOne Investor Presentation KeyBanc 2014 Basic Materials & Packaging Conference Boston, MA September 10, 2014
PolyOne Investor Presentation KeyBanc 2014 Basic Materials & Packaging Conference Boston, MA September 10, 2014 PolyOne Corporation Page 1 Forward-Looking Statements In this presentation, statements that
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 informationZEBRA TECHNOLOGIES SECOND-QUARTER 2016 RESULTS. August 9, 2016
ZEBRA TECHNOLOGIES SECOND-QUARTER 2016 RESULTS August 9, 2016 Anders Gustafsson Chief Executive Officer Mike Smiley Chief Financial Officer 2 Safe Harbor Statement Statements made in this presentation
More informationWilliam Blair Growth Conference Tom Richards. Chairman & CEO CDW Corporation
William Blair Growth Conference 2015 Tom Richards Chairman & CEO 2012 CDW Corporation Disclaimers This presentation contains forward-looking statements within the meaning of the federal securities laws.
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 informationSecond Quarter 2017 Earnings Conference Call August 2, 2017
Philip Mezey President and Chief Executive Officer Joan Hooper Senior Vice President and Chief Financial Officer Barbara Doyle Vice President, Investor Relations Second Quarter 2017 Earnings Conference
More informationFiscal Year 2018 and Fourth Quarter Results
Fiscal Year 2018 and Fourth Quarter Results NOVEMBER 7, 2018 PAGE 1 Today s Agenda Highlights Market Review Financial Results & Outlook Q&A Don Guzzardo Tom Gendron Bob Weber PAGE 2 Cautionary Statement
More informationFirstService Corporation
FirstService Corporation Investor Presentation November 2017 Forward Looking Statements Certain statements included herein constitute forward looking statements within the meaning of the U.S. Private Securities
More informationFiscal Year 2019 First Quarter Results
Fiscal Year 2019 First Quarter Results JANUARY 28, 2019 PAGE 1 Today s Agenda Highlights Market Review Financial Results & Outlook Q&A Don Guzzardo Tom Gendron Bob Weber PAGE 2 Cautionary Statement Information
More informationThird Quarter Fiscal 2010 Earnings Call
Presented By: Thomas A. Burke President and CEO Robert R. Kampstra Vice President, Corporate Controller and Chief Accounting Officer Third Quarter Fiscal 2010 Earnings Call February 2, 2010 10:30 am CT
More informationNCR Announces Fourth Quarter and Full Year 2018 Results
NCR Corporation Logo NCR Announces Fourth Quarter and Full Year 2018 Results February 7, 2019 ATLANTA--(BUSINESS WIRE)--Feb. 7, 2019-- NCR Corporation (NYSE: NCR) reported financial results today for the
More informationQ Earnings. Webcast Presentation April 26, 2018
Q1 2018 Earnings Webcast Presentation April 26, 2018 2 Q1 2018 Earnings Webcast 4/26/18 Safe Harbor Statement All statements made herein that are not historical facts should be considered as forward-looking
More informationDES PLAINES, Illinois, August 1, Littelfuse, Inc. (NASDAQ/NGS:LFUS) today reported sales and earnings for the second quarter of 2007.
NEWS RELEASE CONTACT: Phil Franklin, Vice President, Operations Support & CFO (847) 391-0566 LITTELFUSE REPORTS SECOND QUARTER RESULTS DES PLAINES, Illinois, August 1, 2007 - Littelfuse, Inc. (NASDAQ/NGS:LFUS)
More informationFY 2015 THIRD QUARTER EARNINGS CALL. August 4, 2015
FY 2015 THIRD QUARTER EARNINGS CALL August 4, 2015 Agenda TransDigm Overview W. Nicholas Howley Chairman and CEO Highlights, Market Review, Operating W. Nicholas Howley Performance and Outlook Chairman
More informationECOLAB THIRD QUARTER 2018
3Q 2018 Overview Sales: ECOLAB THIRD QUARTER 2018 Reported sales +5%; fixed currency sales were +6%, with acquisition adjusted fixed currency sales +7%. New business growth, share gains, pricing and new
More informationDriving Global Procurement Excellence in an M&A Environment. Gary A. Miller Vice President, Global Supply Chain and CPO September 13, 2011
Driving Global Procurement Excellence in an M&A Environment Gary A. Miller Vice President, Global Supply Chain and CPO September 13, 2011 Safe Harbor Cautionary Note on Forward-Looking Statements A number
More informationVERSUM MATERIALS. Air Products Electronic Materials Division Spin-off Form 10 Highlights August 2016
VERSUM MATERIALS Air Products Electronic Materials Division Spin-off Form 10 Highlights August 2016 FORWARD-LOOKING STATEMENTS This presentation and materials Air Products and Versum have filed or will
More informationOctober 26, Earnings Summary Third Quarter FY 2016
October 26, 2016 Earnings Summary Third Quarter FY 2016 SAFE HARBOR Certain information contained in this presentation may constitute forward-looking statements within the meaning of the Private Securities
More informationMTS REPORTS FISCAL YEAR 2017 FOURTH QUARTER AND FULL YEAR FINANCIAL RESULTS
MTS Systems Corporation 14000 Technology Drive Eden Prairie, MN 55344-2290 Telephone 952-937-4000 Fax 952-937-4515 News Release FOR IMMEDIATE RELEASE November 27, 2017 MTS REPORTS FISCAL YEAR 2017 FOURTH
More informationQ Preliminary Earnings Results Summary May 3, 2018
Q1 2018 Preliminary Earnings Results Summary May 3, 2018 SAFE HARBOR STATEMENT This presentation may contain projections or other forward-looking statements within the meaning Section 27A of the Private
More informationITT Inc. Investor Presentation
ITT Inc. Investor Presentation Safe Harbor This presentation contains forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation
More informationOur Transformation Continues. March 21, 2018
Our Transformation Continues March 21, 2018 Disclosure Regarding Forward-Looking Statements Forward-Looking Statements and Factors That May Affect Future Results: Throughout this presentation, we make
More information2013 INVESTOR MEETINGS May 2013
2013 May 2013 INVESTOR MEETINGS WHIRLPOOL CORPORATION ADDITIONAL INFORMATION This document contains forward-looking statements about Whirlpool Corporation and its consolidated subsidiaries ( Whirlpool
More informationIn the third quarter, total revenue of $5.3 billion was flat from the prior year or down 1 percent in constant currency.
News from Xerox For Immediate Release Xerox Corporation 45 Glover Avenue P.O. Box 4505 Norwalk, CT 06856-4505 tel +1-203-968-3000 Xerox Reports Third-Quarter 2013 Earnings GAAP EPS from continuing operations
More informationRogers Corporation Q Earnings Call August 9, 2016
Rogers Corporation Q2-2016 Earnings Call August 9, 2016 Introductions Bruce Hoechner President & Chief Executive Officer Janice Stipp Vice President, Finance & Chief Financial Officer Bob Daigle Senior
More informationVistaprint Reports Second Quarter Fiscal Year 2013 Financial Results
Contacts: Investor Relations: Angela White ir@vistaprint.com +1 (781) 652-6480 Media Relations: Kaitlin Ambrogio publicrelations@vistaprint.com +1 (781) 652-6444 Vistaprint Reports Second Quarter Fiscal
More information2015 Fourth-Quarter and Fiscal Year Performance
205 Fourth-Quarter and Fiscal Year Performance Financial Results and Company Highlights March 5, 206 Disclaimers Forward-Looking Statements This presentation includes forward-looking statements within
More informationFirst Quarter - Fiscal 2010 Earnings Call
Presented By: Thomas A. Burke President and CEO Bradley C. Richardson Executive Vice President Corporate Strategy and CFO First Quarter - Fiscal 2010 Earnings Call JULY 30, 2009 10 am CT Modine First Quarter
More informationCommercial Real Estate Services
GROUP, GROUP, INC. INC. Global Global Market Market Leader Leader in in Integrated Integrated Commercial Real Estate Services JUNE 2016 NOVEMBER 2016 FORWARD-LOOKING STATEMENTS This presentation contains
More informationON Semiconductor Reports Fourth Quarter and 2017 Annual Results
News Release ON Semiconductor Reports Fourth Quarter and 2017 Annual Results For the fourth quarter of 2017, highlights include: Revenue of $1,377.5 million GAAP gross margin of 37.3 percent and non-gaap
More informationQ EARNINGS CALL
Tom Goeke Chief Executive Officer Q2 2017 EARNINGS CALL JULY 27, 2017 IMPORTANT INFORMATION Forward Looking Statements These slides contain (and the accompanying oral discussion will contain) forward looking
More informationITW Conference Call Fourth Quarter 2012
ITW Conference Call Fourth Quarter 2012 January 29, 2013 SOLID GROWTH. STRONG RETURNS. BEST-IN-CLASS OPERATOR. 100 YEARS STRONG Safe Harbor Statement Forward-Looking Statements This conference call contains
More information1Q17 Earnings Conference Call. May 8, 2017
1Q17 Earnings Conference Call May 8, 2017 Presentation of Financial Information & Forward Looking Statements Historical financial and operating data in this presentation reflect the consolidated results
More informationTENNECO REPORTS THIRD QUARTER RESULTS
news release TENNECO REPORTS THIRD QUARTER RESULTS Record-high third quarter revenue Record-high third quarter EBIT before restructuring charges Lake Forest, Illinois, October 28, 2013 Tenneco Inc. (NYSE:TEN)
More informationFourth Quarter and Full Year 2017 Financial Results. January 26, 2018
Fourth Quarter and Full Year 2017 Financial Results January 26, 2018 Investor Information Forward-Looking Statements This presentation contains forward-looking statements within the meaning of the Private
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 informationHerbalife Ltd. Announces Record Fourth-Quarter and Full Year Results
Herbalife Ltd. Announces Record Fourth-Quarter and Full Year Results Full Year 2007 Net Sales Increase 13.8 Percent to $2.1 Billion LOS ANGELES--(BUSINESS WIRE)--Feb. 26, 2008--Herbalife Ltd. (NYSE: HLF)
More informationInvestor Presentation
Investor Presentation May 2017 Conrad Lower Manhattan New York, New York With 4,980 properties & 812,000 rooms in 103 countries and territories, Hilton is one of the world s largest hotel companies 14
More informationRe: SHLM. A. Schulman Investor Day. November 16, 2016 A. SCHULMAN INVESTOR DAY NOVEMBER 16,
Re: SHLM A. Schulman Investor Day November 16, 2016 A. SCHULMAN INVESTOR DAY NOVEMBER 16, 2016 1 Cautionary Note on Forward-Looking Statements A number of the matters discussed in this document that are
More informationNews. PPG reports second quarter 2016 financial results
News PPG Media Contact: Mark Silvey Corporate Communications +1-412-434-3046 silvey@ppg.com PPG Investor Contact: Scott Minder Investor Relations +1-412-434-3466 sminder@ppg.com www.ppg.com/investor PPG
More informationFORWARD LOOKING STATEMENTS
May 2015 FORWARD LOOKING STATEMENTS We are making some forward looking statements today that use words like outlook or target or similar predictive words. Such forward looking statements involve risks
More informationMcCormick to Acquire Reckitt Benckiser s Food Division. Investor Presentation / July 19, 2017
McCormick to Acquire Reckitt Benckiser s Food Division Investor Presentation / July 19, 2017 Forward-looking information Certain information contained in this presentation and our remarks that are not
More informationATS REPORTS FOURTH QUARTER AND ANNUAL FISCAL 2018 RESULTS
(519) 653-6500 730 Fountain Street North, Cambridge, Ontario N3H 4R7 ATS REPORTS FOURTH QUARTER AND ANNUAL FISCAL 2018 RESULTS Cambridge, Ontario (May 17, 2018): ATS Automation Tooling Systems Inc. (TSX:
More informationITW Driving Profitable Growth, Generating Strong Returns. Robert W. Baird Industrial Conference November 8, 2011 Chicago
ITW Driving Profitable Growth, Generating Strong Returns Robert W. Baird Industrial Conference November 8, 2011 Chicago 1 Today s Topics Organizational Structure and Business Process Company Snapshot Longer-Term
More informationMotorola Mobility Announces First-Quarter Financial Results
Motorola Mobility Announces First-Quarter Financial First Quarter Financial Highlights Net revenues of $3.0 billion, up 22 percent from first quarter 2010 GAAP net loss of $0.27 per share compared to $0.72
More informationQ Investors Presentation
Q2 2017 Investors Presentation Forward Looking Statements and Non-GAAP Measures This presentation contains information about management's view of the Company's future expectations, plans and prospects
More informationQ1 14 FINANCIAL HIGHLIGHTS. April 15, 2014
Q1 14 FINANCIAL HIGHLIGHTS April 15, 2014 This presentation contains forward-looking statements concerning the expected financial performance of Yahoo! Inc. and its consolidated subsidiaries ( we, Yahoo
More informationTENNECO REPORTS SECOND QUARTER 2016 RESULTS
news release TENNECO REPORTS SECOND QUARTER 2016 RESULTS Revenue growth continuing to outpace industry production Record-high second quarter EBIT Year-over-year margin expansion Record-high second quarter
More informationIBM REPORTS 2011 FIRST-QUARTER RESULTS
IBM REPORTS 2011 FIRST-QUARTER RESULTS First-Quarter 2011: Diluted EPS: o GAAP: $2.31, up 17 percent; o Operating (non-gaap): $2.41, up 21 percent; Revenue: $24.6 billion, up 8 percent, up 5 percent adjusting
More informationECOLAB SECOND QUARTER 2018
2Q 2018 Overview Sales: ECOLAB SECOND QUARTER 2018 Reported sales +7%; fixed currency sales were +4%, with acquisition adjusted fixed currency sales +5%. New business growth, share gains, pricing and new
More information