Neenah Paper. Goldman Sachs Investor Event Montreal March 19, 2008
|
|
- Godfrey Thompson
- 5 years ago
- Views:
Transcription
1 Neenah Paper Goldman Sachs Investor Event Montreal March 19, 2008
2 Forward Looking Statements Statements in this presentation which are not statements of historical fact are forward-looking statements within the safe harbor ' provision of the Private Securities Litigation Reform Act of These forward-looking statements are based on the information available to, and the expectations and assumptions deemed reasonable by, Neenah Paper, Inc. at the time this presentation was made. Although Neenah Paper, Inc. believes that the assumptions underlying such statements are reasonable, it can give no assurance that they will be attained. Factors that could cause actual results to differ materially from expectations include the risks detailed in the section Risk Factors in the Company s most recent Form 10-K and other filings with the SEC. In addition, the company may use certain figures in this presentation that include non-gaap financial measures as defined by SEC regulations. As required by those regulations, a reconciliation of these measures to what management believes are the most directly comparable GAAP measures would be included as an appendix to this presentation and posted on the company s web site at
3 About Neenah Paper Global maker of premium, performance-based papers Three business segments: Fine Paper, Technical Products, Pulp $1 billion in revenue Operations in US, Germany and Canada Own 500,000 acres of Canadian timberlands Traded on NYSE $225 million of 10 year notes (due 2014)
4 Why Invest in Neenah Paper? Spin-off from Kimberly-Clark in Nov-04 providing a unique opportunity to unlock value Leading positions in specialty niche markets Recent acquisitions providing synergies and a more global, growth-oriented and balanced business portfolio Cash flows and timberland holdings support a strong balance sheet with adequate liquidity and financing capabilities Track record of executing strategy to deliver value
5 Unlocking Value Shut down #1 pulp line at Terrace Bay (Apr-05) Sold moneylosing Terrace Bay pulp mill (Aug-06) Announced intent to divest remaining pulp and timberlands (Mar-08) Sold half of timberlands for $140 million (Jun-06) Purchased Neenah Germany (Oct-06) Purchased Fox River Paper (Mar-07) Consistent execution of strategy to transform company
6 US$ millions Resulting Transformation: Profitable Growth Sales +35% Adj. EBITDA % $991 $121 Pulp $733 $57 Paper SALES MIX EBITDA MIX 1 excludes non-cash impairment, timberlands gains and one-time costs for integration and Terrace Bay disposal
7 Resulting Transformation: Balanced Portfolio US$ millions $223 $367 $9 $25 $47 $401 Fine Paper Tech. Products Pulp 2007 SALES 2007 EBIT 50:50 pulp and paper mix evolved to more profitable, better balanced, less cyclical platform
8 Strategic Direction Focus where we can be relevant and win Specialized markets for customized and premium products Use technological know-how and branding expertise Maintain strong balance sheet with disciplined approach to capital allocation Deliver consistent, profitable growth Grow organically in niche markets Improve margins via cost reduction, synergy delivery and mix Acquisitions in profitable, growth markets that can add value Complete transformation; deliver value via exiting pulp
9 Fine Paper Premium branded writing, corporate identity, and text and cover papers
10 Fine Paper N.A. Uncoated Free Sheet Market Grndwd Bristol Desktop 65% text & cover Print Coated Uncoated Free Sheet Forms Envelope 3% Tablets UFS ~50% of P&W Variety of end uses Other Premium ~3% of 13 mm ton UFS market 35% cotton & writing Neenah only competes in the small premium segment of the UFS market Source: AFPA/RISI statistics and company estimates Demand (1.4%)/yr
11 Premium Fine Paper Market Smart 8% Wausau 11% Mohawk 26% Others 15% Super Premium Neenah #1 or #2 position COTTON SMOOTH LINEN LAID TEXTURE $ Share Premium Segment NP 40% Premium Neenah is the leader in premium segment with top selling brands and products across key categories Source: Based on company estimates and competitive research
12 Business Priorities Fine Paper Leverage market position to build upon successful business model Well-known, specified brands Selective distribution Purpose-built assets Reputation for excellence in service and quality Complete Fox River integration and deliver synergies Remaining site consolidation; one face to customer via ERP End-state synergies of $15 million per year Utilize proceeds from asset sales Pursue niche opportunities Neenah Green, luxury packaging, beverage labels, other Utilize strong cash flow generation to fund growth
13 Technical Products Specialty papers and substrates, with saturating, coating and other applications for a variety of end use markets
14 A highly-specialized diverse business-to-business segment; GDP-like growth in overall categories, but higher growth rates in niches and emerging markets Technical Products Global Markets SBU Product Lines Global Growth Filtration Transportation filters, others 4-6% Specialty Tape Specialty & industrial tape applications 3-5% Component Materials Graphics & Identification Coated abrasives, medical packaging, furniture backer, and release papers Décor, image transfer, durable print media, labels, security papers 2-4% 2-4% Wall Covering Specialized, non-woven based substrate 10 + %
15 Technical Products Neenah Sales Mix Business Unit Geography Component Materials Specialty Tape Asia RoW No. America Graphics & Identif. Wall covering Filtration Europe 2007 NP sales $400 million
16 Technical Products Core Competencies Base machine technologies allow for wide range of fit for use substrates Inclined wire and fourdrinier base papers Wet laid nonwovens with up to 65% synthetic addition Polyolefin films Extrusion-coated papers Laminates Supplemented by coatings and saturation for specific end uses Barrier, anti-slip, release, print, bond, anti-curl, heat transfer
17 Business Priorities Technical Products Use technology and customer intimacy to drive innovation, create barriers to entry and lock in relationships Improve margins with focus on cost reduction and mix optimization with shift to higher value products and markets Utilize expanded capacity to grow with customers in filtration and wall covering Evaluate acquisitions that can add value in existing and adjacent markets
18 Pulp Segment Bleached kraft pulp for use in manufacture of tissue and printing/writing papers
19 Pulp & Timberlands Pictou, Nova Scotia 270,000 MT/year mill capacity Supply contract with K-C Timberlands Sold 500,000 acres of timberlands in June 2006 for $140 million ~500,000 acres remain Recently announced intent to divest remaining pulp operations
20 Financial Overview
21 1 Excludes timberland sale gains in 2006 ($126mm) and 2007 ($6mm) and 2007 items for Terrace Bay litigation settlement charge($5mm), integration costs ($5mm), and reduced deferred tax expense due to German rate change Key Financials Continuing Operations $ millions Net Sales $535 $594 $991 EBIT ADJ. EBITDA % ADJ. EBITDA ROS Net Interest Expense Effective tax rate 39% 38% 29% E.P.S. 1 $1.51 $1.21 $2.07 Results reflect recent acquisitions that have been accretive to earnings
22 Segment Financials Continuing Operations $ millions Net Sales $991 $223 Pulp ADJ. EBITDA $78 $77 $121 $19 $535 $594 $367 Tech. $1 $15 $0 $15 $42 $184 $189 $222 $224 $401 Fine $68 $66 $63 $131 $ $6 -$4 -$3 Fine Paper base supplemented by German acquisition and improvements in pulp
23 Input Cost Pressures Pulp Oil FP Selling Price TP Selling Price Q = 1.00 q105 q205 q305 q405 q106 q206 q306 q406 q107 q207 q307 q407 Margin pressure due to rises in input costs outpacing selling price increases
24 Capital Spending Fine Paper $6 $5 $10 Technical Products Tech Products -Strategic 3 25 Pulp Corporate (mostly ERP) Total Capital Spending $26 $25 $58 Depreciation $26 $30 $45 Efficient asset base, with sustaining capital of $20-25 million. Added spending justified on benefits
25 Cash Flow Summary Cash Income from Ops $36 $42 $66 Chg in Working Capital (10) 5 - Terrace Bay Divestiture 19 Pension/Other (3) - 4 Cash from Operations $23 $66 $70 Capital Spending Strategic Actions (net) Dividends Net Chg in Cash/Debt (9) (68) (51) Cash flow used for strategic growth initiatives
26 Debt Summary (Year- end) year notes $225 $225 $225 Credit Lines- Drawn Term Loans 38 Other Total Debt $228 $283 $332 Debt/Adj. EBITDA Adj. EBITDA/ Net Interest Debt/Capitalization % 60% 53% Capital metrics improving
27 Equity Exchange Ticker Float Market Cap NYSE NP 14.8 million shares ~$400 million NP Peer Avg RUJ Indices S&P 600, Wilshire 5000, Russell Microcap Dividend $0.10/share per qtr /31/04 3/31/06 9/29/06 3/31/07 9/30/07 Current stock price reflects minimal value for pulp assets when applying normal multiples to paper profits
28 Looking Forward Fox River synergy delivery to gain momentum 2008 effective tax rate to decline Working capital improvements with ERP Potential uses of funds 2008 reverse/forward split share buyback Organic growth/incremental capital spending Acquisitions Pay down short-term debt Increase dividend
29 Summary Leading positions in premium & specialty paper markets Integration of recent acquisitions to yield benefits Transformation leading to improved returns, with remaining plans to exit pulp Strong cash flows and credit metrics providing flexibility and a base for growth Track record of executing strategy to drive value
30 Appendix
31 Reconciliation to Non-GAAP Measures NEENAH PAPER INC AND SUBSIDIARIES Reconciliation of Non-GAAP Disclosure Items (In millions, except per share data) For the Years Ended December 31, Earnings per Share- Continuing Operations $ 1.51 $ 6.43 $ 2.50 Add (subtract): After-tax gain on sale of woodlands - (5.22) (0.25) After tax loss on litigation settlement After tax integration costs Tax benefit of change in German statutory tax rates - - (0.58) Adj. Earnings per Share- Continuing Operations $ 1.51 $ 1.21 $ 2.07 EBIT- Continuing Operations $ 53.4 $ $ 66.9 EBIT- Discontinued Operations (84.2) (53.3) (44.9) Total EBIT (30.8) Add (subtract): Gain on sale of woodlands (125.5) (6.2) Loss on litigation settlement 5.2 Integration costs 4.7 Terrace Bay Impairment/Restructuring 59.8 Terrace Bay Losses on Sale/Pension Settlement/Other Total Adjustments to EBIT $ 59.8 $ (85.1) $ 48.6 Depreciation & Amortization- Continuing Ops Depreciation & Amortization- Disc. Ops Ops 3.4 Amortization of Stock-Based Compensation Adjusted EBITDA $ 56.8 $ 64.1 $ Adjusted EBITDA- Continuing Operations $ 77.8 $ 77.0 $ Notes: In accordance with generally accepted accounting principles in the United States ("GAAP"), reported income from continuing operations and earnings from continuing operations per diluted share include the after-tax effects of unusual and non-recurring items. We believe that by adjusting such reported amounts to exclude the effects of unusual and non-recurring items, the resulting adjusted operating income, adjusted net income and adjusted earnings per share are on a basis that reflects the results of our ongoing operations. Adjusted income from continuing operations and adjusted earnings from continuing operations per share are not recognized terms under GAAP and should not be considered in isolation or as a substitute for income from continuing operations, earnings from continuing operations per diluted share or any other performance measures derived in accordance with GAAP. Other companies may use different methodologies for calculating their non-gaap financial measures and, accordingly, the Company s non-gaap financial measures may not be comparable to their measures.
Filtration Commercial and Consumer Fine Papers. Backings (Tape & Abrasives) Other Specialty Materials (Labels, Coated Covers, etc )
v Filtration Commercial and Consumer Fine Papers Premium Packaging Digital Transfer Media Paper Gift Cards & Packaging High End Spirits Labels Backings (Tape & Abrasives) Other Specialty Materials (Labels,
More informationCommercial and Consumer Fine Papers. Filtration. Premium Packaging. Digital Transfer Media. Paper Gift Cards & Packaging. Backings (Tape & Abrasives)
v Filtration Commercial and Consumer Fine Papers Premium Packaging Digital Transfer Media Backings (Tape & Abrasives) Paper Gift Cards & Packaging High End Spirits Labels Other Performance Materials (Labels,
More informationNeenah NYSE: NP. Jefferies industrials conference
Neenah NYSE: NP Jefferies industrials conference August 10, 2016 Neenah makes specialty materials for premium niche markets Two primary business segments: Technical Products Fine Paper & Pkg Performance-based
More informationFiltration Commercial and Consumer Fine Papers
v Filtration Commercial and Consumer Fine Papers Premium Packaging Digital Transfer Media Paper Gift Cards & Packaging Backings (Tape & Abrasives) High End Spirits Labels Other Performance Materials (Labels,
More information60% 40% Other Performance Materials
v 60% 40% 2 Profitable growth in core businesses where we have defensible, leading market positions Disciplined M&A to add value and increase Neenah s underlying organic growth rate Capital deployment
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 informationAppendix. Non-GAAP Adjustments
Appendix Non-GAAP Adjustments Reconciliation of Reported (GAAP) to Adjusted (non GAAP) Financial Measures (Dollar amounts in millions, except per share data) 00 006 007 008 009 3 00 0 4 0 03 6 04 7 0 8
More informationGlatfelter (NYSE: GLT) Investor Presentation February 2011
Glatfelter (NYSE: GLT) Investor Presentation February 2011 DANTE C. PARRINI PRESIDENT & CHIEF EXECUTIVE OFFICER JOHN P. JACUNSKI SENIOR VICE PRESIDENT & CHIEF FINANCIAL OFFICER Forward Looking Statements
More informationGLT (NYSE: GLT) Investor Meetings December 2011
GLT (NYSE: GLT) Investor Meetings December 2011 Agenda GLT Value Drivers Business Overview Strategic Direction Financial Summary Appendix 2 Forward Looking Statements Any statements included in this document,
More informationQ Earnings Conference Call July 31, Key Metrics and Non-GAAP to GAAP Reconciliations
Q2 2012 Earnings Conference Call July 31, 2012 Key Metrics and Non-GAAP to GAAP Reconciliations Forward Looking Statements The matters discussed in this presentation concerning the company s future performance
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 informationGoldman Sachs Basic Materials Conference. Brad Lich, EVP and Chief Commercial Officer May 15, 2018
Goldman Sachs Basic Materials Conference Brad Lich, EVP and Chief Commercial Officer May 15, 2018 Forward-looking statements During this presentation, we make certain forward-looking statements concerning
More informationMYERS INDUSTRIES, INC. MARCH 9, 2017 FOURTH QUARTER & FULL YEAR EARNINGS PRESENTATION
MYERS INDUSTRIES, INC. MARCH 9, 2017 FOURTH QUARTER & FULL YEAR EARNINGS PRESENTATION SAFE HARBOR STATEMENT Statements in this presentation concerning the Company s goals, strategies, and expectations
More informationInvestor Presentation
Investor Presentation May 2018 SAFE HARBOR STATEMENT & NON-GAAP MEASURES Forward-Looking Statements Statements in this presentation concerning the Company s goals, strategies, and expectations for business
More informationAcquisition Offer of RPC Group PLC
Always Advancing To Protect What s Important Acquisition Offer of RPC Group PLC March 2019 NYSE: BERY Safe Harbor Statements THIS PRESENTATION AND ITS CONTENTS ARE NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION,
More informationUBS Global Paper & Forest Products Conference September 13, 2012
UBS Global Paper & Forest Products Conference September 13, 2012 Forward-Looking Statements Certain statements in these slides and made during this presentation may be considered forwardlooking statements.
More informationDivestiture of Valves & Controls August 19, 2016
Divestiture of Valves & Controls August 19, 2016 Divestiture of Valves & Controls FORWARD-LOOKING STATEMENTS CAUTION CONCERNING FORWARD-LOOKING STATEMENTS This communication contains statements that we
More informationThird Quarter 2017 Earnings October 25, 2017
Third Quarter 2017 Earnings October 25, 2017 Forward-Looking Statements Certain statements in these slides and made during this presentation may be considered forward-looking statements. These statements
More informationSecond Quarter 2018 Earnings I July 26, 2018
Second Quarter 208 Earnings I July 26, 208 Forward-Looking Statements Certain statements in this presentation may be considered forward-looking statements. Words such as expects, anticipates, estimates,
More informationInvestor Presentation
Investor Presentation November 2018 SAFE HARBOR STATEMENT & NON-GAAP MEASURES Statements in this presentation include forward-looking statements within the meaning of the Private Securities Litigation
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 informationThird Quarter 2018 Earnings I October 25, 2018
Third Quarter 208 Earnings I October 25, 208 Forward-Looking Statements Certain statements in this presentation may be considered forward-looking statements. Words such as expects, anticipates, estimates,
More informationPAPER-BASED SOLUTIONS FOR NICHE MARKETS WORLDWIDE
PAPER-BASED SOLUTIONS FOR NICHE MARKETS WORLDWIDE Henry C. Newell President and Chief Executive Officer Sherri L. Lemmer Senior Vice President and Chief Financial Officer Matthew L. Urmanski Senior Vice
More informationQ Earnings Conference Call July 31, 2012
Q2 2012 Earnings Conference Call July 31, 2012 Henry C. Newell President and Chief Executive Officer Sherri L. Lemmer Senior Vice President and Chief Financial Officer Matthew L. Urmanski Senior Vice President,
More informationFirst Quarter 2016 Business Update
Focused. First Quarter 2016 Business Update Innovative. Investor Presentation April 27, 2016 Performance Driven. Disclaimer Statement Regarding Safe Harbor For Forward-Looking Statements This presentation
More informationNeenah Paper: UnFOLDING
Neenah Paper: UnFOLDING Annual Report 2005 1 Letter to Shareholders 4 Neenah Paper At A Glance 5 Fine Paper 6 Technical Products 7 Pulp 8 Board of Directors / Executive Team 9 Index to Financials IBC Shareholder
More informationAhlstrom. The global source for fiber-based materials
1 Ahlstrom The global source for fiber-based materials 2 Legends This document is not a prospectus and as such does not constitute an offer to sell or the solicitation of an offer to purchase shares or
More informationDOMTAR CORPORATION. Vertical Research Partners Materials Conference New York, November 19 th, 2015
JOHN D. WILLIAMS PRESIDENT & CHIEF EXECUTIVE OFFICER DOMTAR CORPORATION Vertical Research Partners Materials Conference New York, November 19 th, 2015 (All financial information in U.S. dollars, unless
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 informationDOMTAR CORPORATION JOHN D. WILLIAMS PRESIDENT & CHIEF EXECUTIVE OFFICER. Jefferies Industrials Conference New York, August 9 th, 2016
JOHN D. WILLIAMS PRESIDENT & CHIEF EXECUTIVE OFFICER DOMTAR CORPORATION Jefferies Industrials Conference New York, August 9 th, 2016 (All financial information in U.S. dollars, unless otherwise noted)
More informationGlatfelter (NYSE: GLT) Vertical Research Partners Global Paper & Packaging Conference March 8, 2012
Glatfelter (NYSE: GLT) Vertical Research Partners Global Paper & Packaging Conference March 8, 2012 Forward-Looking Statements and Use of non-gaap Financial Measures Certain statements included in this
More informationForward-Looking Statements
Forward-Looking Statements Certain statements in these slides and made during this presentation may be considered forward-looking statements. These statements reflect management's current views and are
More informationQ Conference Call. August 2, 2017
Q2 2017 Conference Call August 2, 2017 Forward Looking Statements This presentation contains forward-looking information regarding future events or the Company s future financial performance based on the
More informationWE HAVE ONLY SEEN THE BEGINNING OF WHAT FIBER-BASED MATERIALS AND SOLUTIONS CAN BE USED FOR
WE HAVE ONLY SEEN THE BEGINNING OF WHAT FIBER-BASED MATERIALS AND SOLUTIONS CAN BE USED FOR JAN ÅSTRÖM, PRESIDENT AND CEO PPT HÖSTSEMINARIUM STOCKHOLM, NOVEMBER 28, 2017 We are one from April 1 st, 2017
More informationInvestor Presentation. May 2018
Investor Presentation May 2018 Disclaimer and Forward-Looking Statements Special Note Regarding Forward-Looking Statements This presentation, and certain information that management may discuss in connection
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 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 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 informationForward-looking statements
0 Forward-looking statements Certain statements included in this presentation which pertain to future financial and business matters, are forward-looking statements within the meaning of the safe harbor
More informationSecond Quarter & First Half 2016 Earnings Supplement
Second Quarter & First Half 216 Earnings Supplement August 3, 216 Forward-Looking Statement and Legends CAUTIONARY STATEMENT REGARDING FORWARD LOOKING STATEMENTS This presentation may contain forward-looking
More informationHow do you make a great. first impression? 2004 Annual Report
How do you make a great first impression? 2004 Annual Report 1. start with a blank sheet of paper Every new beginning brings with it a multitude of new possibilities new opportunities. Such is the case
More informationDeutsche Bank Global Industrials and Basic Materials Conference
Deutsche Bank Global Industrials and Basic Materials Conference Dante C. Parrini, Chairman & CEO John P. Jacunski, EVP & CFO June 4, 2015 NYSE: GLT Forward-Looking Statements and Use of Non-GAAP Financial
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 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 informationDOMTAR CORPORATION REPORTS PRELIMINARY FOURTH QUARTER AND FISCAL YEAR 2017 FINANCIAL RESULTS; ANNOUNCES INCREASE TO ITS QUARTERLY DIVIDEND
234 Kingsley Park Drive Fort Mill, South Carolina 29715 News Release UITICKER SYMBOL INVESTOR RELATIONS MEDIA RELATIONS (NYSE: UFS) (TSX: UFS) Nicholas Estrela Director Investor Relations Tel.: 514-848-5049
More informationQ1 16 Results. April 2016
Q1 16 Results April 2016 Safe harbor Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: This presentation and the accompanying conference call contain forward-looking statements
More informationQ Earnings Conference Call February 7, 2012
Q4 2011 Earnings Conference Call February 7, 2012 Henry C. Newell President and Chief Executive Officer Perry D. Grueber Director Investor Relations Scott P. Doescher Executive Vice President, Finance
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 informationDun & Bradstreet Reports Second Quarter 2016 Results; Announces Transactions to Partner Latin America and Benelux
August 1, 2016 Dun & Bradstreet Reports Second Quarter 2016 Results; Announces Transactions to Partner Latin America and Benelux Transactions Expected to be Accretive to 2016 and 2017 Operating Income
More informationCredit Suisse 6 th Annual Industrials Conference November 2018
Credit Suisse 6 th Annual Industrials Conference November 2018 Safe Harbor This presentation includes forward-looking statements which are statements that are not historical facts, including statements
More informationInvestor Deck December 2018
Investor Deck December 2018 Safe Harbor This presentation includes forward-looking statements which are statements that are not historical facts, including statements that relate to the mix of and demand
More informationStericycle Investor Presentation Q NASDAQ: SRCL
Stericycle Investor Presentation Q3-2017 NASDAQ: SRCL Forward - Looking Statements Safe Harbor Statement: This press release may contain forward-looking statements that involve risks and uncertainties,
More informationNeenah Reports Second Quarter 2018 Results
Neenah - InvestorRoom Neenah Reports Second Quarter 2018 Results Quarterly sales of $271 million; E.P.S. of $(0.29) per share, Adjusted E.P.S. of $1.18 ALPHARETTA, Ga., Aug. 7, 2018 /PRNewswire/ -- Neenah,
More informationGlatfelter (NYSE: GLT) 2012 Third Quarter Earnings Conference Call October 31, 2012
Glatfelter (NYSE: GLT) 2012 Third Quarter Earnings Conference Call October 31, 2012 Dante C. Parrini Chairman & Chief Executive Officer John P. Jacunski Senior Vice President & Chief Financial Officer
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 informationInternational Paper Preliminary Second Quarter 2007 Results Up 73 Percent Year Over Year
INTERNATIONAL PLACE 6400 POPLAR AVENUE MEMPHIS, TN 38197 News Release International Paper Preliminary Second Quarter 2007 Results Up 73 Percent Year Over Year Preliminary Earnings from Continuing Operations
More informationSeptember 2018 MINERALS TECHNOLOGIES INC. MTI OVERVIEW INNOVATION LEADERSHIP EXCELLENCE
MINERALS TECHNOLOGIES INC. September 2018 MTI OVERVIEW INNOVATION LEADERSHIP EXCELLENCE SAFE HARBOR STATEMENT This presentation may contain forward-looking statements within the meaning of the Private
More information(NYSE: ICE) Second Quarter 2015 Earnings Presentation August 5, 2015
(NYSE: ICE) Second Quarter 2015 Earnings Presentation August 5, 2015 Forward-Looking Statement and Legends CAUTIONARY STATEMENT REGARDING FORWARD LOOKING STATEMENTS This presentation may contain forward-looking
More informationINSTITUTIONAL ROADSHOW
INSTITUTIONAL ROADSHOW TORONTO, ONTARIO NOVEMBER 16, 2015 LTM 09/30/15 Financials Market Position LEADING PACKAGING PRODUCTS AND TISSUE PAPER MANUFACTURER Containerboard Packaging Products Boxboard Europe
More informationPART I: STRATEGIC REVIEW. Building on our strengths in diverse products, markets and regions
WE AUTOMOBILE MAKE WALLPAPER PAPER MAP THAT MAKES ESPRESSO ITS WAY MASKING TAPE INTO SANDPAPER MANY PASSPORT THINGS NOTEBOOK NEENAH PAPER, INC. WINE LABEL 2010 ANNUAL REPORT PACKAGING BLUE JEANS SKI LIFT
More informationInvestor Update Philip Mezey, President and Chief Executive Officer
Investor Update Philip Mezey, President and Chief Executive Officer Barbara Doyle, Vice President, Investor Relations March 2018 FORWARD LOOKING STATEMENTS Certain matters in this presentation and being
More informationGlatfelter (NYSE:GLT)
Glatfelter (NYSE:GLT) 2011 Second Quarter Earnings Conference Call August 2, 2011 Dante C. Parrini Chairman & Chief Executive Officer John P. Jacunski Senior Vice President & Chief Financial Officer Forward-Looking
More informationSafe Harbor. Non-GAAP Financial Information
1 Safe Harbor This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including financial projections subject to risks, uncertainties
More informationFixed Income Presentation 3Q17
Fixed Income Presentation 3Q17 1 Agenda 1. Company Overview 2. Investment Highlights 3. Operating and Financial Highlights 2 Section 1 Company Overview 3 Company Overview Company Overview Competitive Advantages
More informationNews Release. Second quarter 2018 Gain on disposal of property, plant & equipment. Pulp & Paper Other operating income $3 $2 $0.03
234 Kingsley Park Drive Fort Mill, South Carolina 29715 News Release TICKER SYMBOL INVESTOR RELATIONS MEDIA RELATIONS (NYSE: UFS) (TSX: UFS) Nicholas Estrela Director Investor Relations Tel.: 514-848-5049
More informationOur Transformation Continues Sidoti NDR May 29-30, 2018
Our Transformation Continues Sidoti NDR May 29-30, 2018 Disclosure Regarding Forward-Looking Statements Forward-Looking Statements and Factors That May Affect Future Results: Throughout this presentation,
More informationFixed Income Presentation 1Q18
Fixed Income Presentation 1Q18 1 Agenda 1. Company Overview 2. Investment Highlights 3. Operating and Financial Highlights 2 Section 1 Company Overview 3 Company Overview Company Overview Competitive Advantages
More information2016 Second Quarter Earnings Conference Call
August 2, 2016 NYSE: GLT 2016 Second Quarter Earnings Conference Call Dante C. Parrini, Chairman & CEO John P. Jacunski, EVP, CFO & President, Specialty Papers Forward-Looking Statements and Use of Non-GAAP
More informationInvestor Presentation. Second Quarter 2018 NASDAQ: BECN BECN
Investor Presentation Second Quarter 2018 BECN 1 Disclosures Forward Looking Statements and Non-GAAP Measures This presentation contains forward-looking statements within the meaning of the Private Securities
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 informationBlack Box Corporation Investor Presentation
Black Box Corporation Investor Presentation Black Box Corporation Forward-Looking Statements - Any forward-looking statements contained in this presentation are made pursuant to the safe harbor provisions
More informationAhlstrom. The global source for fiber-based materials. Frankfurt, February 13, 2007 Jukka Moisio, CEO
1 Ahlstrom The global source for fiber-based materials Frankfurt, February 13, 2007 Jukka Moisio, CEO 2 Table of contents I Ahlstrom in brief II Achieving profitable growth III Improving competitiveness
More informationCreating a GLOBAL PACKAGING LEADER
Creating a GLOBAL PACKAGING LEADER January 26, 2015 Page 1 Forward Looking Statements Forward-Looking Statements This document contains forward-looking statements within the meaning of the Private Securities
More informationRoper Technologies, Inc. EPG Annual Spring Conference
Roper Technologies, Inc. EPG Annual Spring Conference May 21, 2018 Safe Harbor Statement The information provided in this presentation contains forward-looking statements within the meaning of the federal
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 informationPascal Bossé Vice-President Corporate Communications and Investor Relations Tel.:
395 de Maisonneuve Blvd. West Montreal, QC H3A 1L6 News Release TICKER SYMBOL UFS (NYSE, TSX) MEDIA AND INVESTOR RELATIONS Pascal Bossé Vice-President Corporate Communications and Investor Relations Tel.:
More informationFourth Quarter and Full- Year 2017 Earnings February 1, 2018
Fourth Quarter and Full- Year 207 Earnings February, 208 Forward-Looking Statements Certain statements in these slides and made during this presentation may be considered forward-looking statements. These
More informationInvestor Presentation February 2017
Investor Presentation February 2017 Safe Harbor Certain statements in this document regarding anticipated financial, business, legal or other outcomes including business and market conditions, outlook
More informationCarbon Solutions Acquisition and Refined Coal Update
Advanced Emissions Solutions, Inc. Nasdaq: ADES Advancing Cleaner Energy Carbon Solutions Acquisition and Refined Coal Update November 16, 2018 2018 Advanced Emissions Solutions, Inc. All rights reserved.
More informationCiti Basic Materials Conference November 29, 2017
Forward-Looking Statements Certain statements in these slides and made during this presentation may be considered forward-looking statements. These statements reflect management s current views and are
More informationPolyOne Investor Presentation Credit Suisse Boston Basic Materials Conference. June 26, 2013
PolyOne Investor Presentation Credit Suisse Boston Basic Materials Conference June 26, 2013 Forward Looking Statements In this presentation, statements that are not reported financial results or other
More informationINVESTOR PRESENTATION. Nasdaq London Conference November 2016
INVESTOR PRESENTATION Nasdaq London Conference November 2016 DISCLAIMERS Non-GAAP Information In addition to disclosing results determined in accordance with U.S. GAAP, Nasdaq also discloses certain non-gaap
More informationEarnings Presentation October 25, 2018
nvent Third Quarter 2018 Earnings Presentation October 25, 2018 Forward-Looking Statement CAUTION CONCERNING FORWARD-LOOKING STATEMENTS This presentation contains statements that we believe to be "forward-looking
More information2017 Second Quarter August 3, 2017
2017 Second Quarter August 3, 2017 Safe Harbor Disclaimer Cautionary Statement Regarding Forward-Looking Statements We have made statements in this document that are forward-looking statements within the
More informationN E W S R E L E A S E
N E W S R E L E A S E Corporate Headquarters 96 South George Street York, Pennsylvania 17401 U.S.A. www.glatfelter.com For Immediate Release Contacts: Investors: Media: John P. Jacunski Eileen L. Beck
More informationNon-GAAP Information 5/3/2018
5/3/2018 Use of Non-GAAP Financial Information: The Company believes that non-gaap performance measures, which management uses in evaluating the Company's business, may provide users of the Company's financial
More informationAhlstrom. The global source for fiber-based materials CFO Jari Mäntylä
1 Ahlstrom The global source for fiber-based materials CFO Jari Mäntylä 2 Table of contents I Ahlstrom in brief II Vision and strategy III Business environment and drivers IV Achieving profitable growth
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 informationQ Supplemental Financial Information. August 2, 2018
August 2, 2018 This presentation may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements relate to future events or our future
More informationJ.P. MORGAN HEALTHCARE CONFERENCE. Joe Woody Chief Executive Officer
J.P. MORGAN HEALTHCARE CONFERENCE Joe Woody Chief Executive Officer 0 OVERVIEW FORWARD-LOOKING INFORMATION Certain matters in this presentation and webcast, including our outlook, expectations and planning
More informationInvestor Presentation. August 2018
Investor Presentation August 2018 Forward Looking Statements & Non-GAAP Financial Measures Certain statements contained in this presentation are forward-looking statements within the meaning of the Private
More informationQ Financial Results
A Diversified Technology Company Q2 2018 Financial Results July 26, 2018 Safe Harbor Statement The information provided in this presentation contains forward-looking statements within the meaning of the
More informationEUR MILLION Q1/2018 Q1/2017 Q4/ Net sales ,232.6 Comparable EBITDA Comparable EBITDA margin, % 11.
EUR MILLION /2018 /20 Q4/20 20 Net sales 572.4 566.9 547.1 2,232.6 Comparable EBITDA 66.7 79.4 63.1 290.4 Comparable EBITDA margin, % 11.7 14.0 11.5 13.0 Items affecting comparability included in EBITDA
More informationQ4 FY18 Financial Update
Q4 FY8 Financial Update Salesforce NYSE: CRM @Salesforce_ir Safe Harbor "Safe harbor" statement under the Private Securities Litigation Reform Act of 995: This presentation contains forward-looking statements
More information2018 Second Quarter Earnings Call. May 8, 2018
2018 Second Quarter Earnings Call May 8, 2018 Forward Looking Statements / Non-GAAP Measures This presentation contains information about management's view of the Company's future expectations, plans and
More information1Q 2013 INVESTOR PRESENTATION
1Q 2013 INVESTOR PRESENTATION APRIL 2013 FORWARD-LOOKING STATEMENTS The following discussion contains forward-looking statements, including those about Nielsen s outlook and prospects, in the meaning of
More informationInvestor Presentation. February 2018
Investor Presentation February 2018 Disclaimer and Forward-Looking Statements Special Note Regarding Forward-Looking Statements This presentation, and certain information that management may discuss in
More informationFirst Quarter 2014 Earnings April 30, 2014
First Quarter 2014 Earnings April 30, 2014 Forward-Looking Statements Certain statements in these slides and made during this presentation may be considered forward-looking statements. These statements
More informationTHE TORO COMPANY. Serving Customers Through Superior Innovation and Superior Customer Care. Richard M. Olson Chairman and Chief Executive Officer
THE TORO COMPANY Serving Customers Through Superior Innovation and Superior Customer Care Richard M. Olson Chairman and Chief Executive Officer Baird s 2018 Global Industrial Conference November 6, 2018
More informationWaste Management Announces Fourth Quarter and Full-Year 2013 Earnings
Waste Management Announces Fourth Quarter and Full-Year 2013 Earnings February 18, 2014 Company sees strong cash generation in 2013 and expects continued strength in 2014 HOUSTON--(BUSINESS WIRE)--Feb.
More information