2010 Deutsche Bank Small and Mid Cap Conference. February 8, 2010
|
|
- Lora Greer
- 5 years ago
- Views:
Transcription
1 2010 Deutsche Bank Small and Mid Cap Conference February 8, 2010
2 Safe Harbor Forward-Looking Statements This presentation contains certain forward-looking information within the meaning of the Private Securities Litigation Reform Act of The words believe, expect, anticipate, estimate, target, and similar expressions, among others, identify forward-looking statements. All forward-looking statements are based on information currently available to management. Such forward-looking statements are subject to certain risks and uncertainties that could cause events and the Company s actual results to differ materially from those expressed or implied. Please see the disclosure regarding forward-looking statements immediately preceding Part I of the Company s Annual Report on Form 10-K for the fiscal year ended October 31, The Company assumes no obligation to update any forward-looking statements. Regulation G This presentation includes certain non-gaap financial measures that exclude restructuring and other unusual charges and gains that are volatile from period to period. Management believes the non-gaap measures provide a better indication of operational performance and a more stable platform on which to compare the historical performance of the Company than the most nearly equivalent GAAP data. All non-gaap data in the presentation are indicated by footnotes. Tables showing the reconciliation between GAAP and non-gaap measures are available at the end of this presentation and on the Greif Web site at 2
3 Greif s Profile Founded in 1877 as a packaging company Initial public offering in 1926 Diversified business platform Leading industrial packaging company with over 30% global market share Approximately 200 operations in more than 45 countries 3
4 Diversified Business Platform (Dollars in millions) 2009 Net Sales 2009 Operating Profit (1) $2,792 $313 $505 $20 $59 $22 $2,267 $232 Industrial Packaging Paper Packaging Land Management Net sales Operating profit 81% 74% 18% 19% 1% 7% 100% 100% (1) Before restructuring charges, restructuring-related inventory charges and timberland disposals, net. See GAAP to Non-GAAP reconciliation included in the Appendix of this presentation. 4
5 Performance Trajectory (Dollars in millions) CAGR Net Sales $964 $2,792 13% Operating (1) $89 $313 15% Profit March 2, 2001 March 4, 2003 September 22, November 30, 2006 Launched 2006 Acquired Van Leer Acquired steel drum and Transformation to Industrial Packaging Acquired Delta closure businesses of Greif Business System from Huhtamaki for Petroleum for $98 Blagden Packaging for $555 million million 205 million September 30, 2003 Remaining interest in CorrChoice obtained (1) Before restructuring charges, restructuring-related inventory charges and timberland disposals, net. See GAAP to Non-GAAP reconciliation included in the Appendix of this presentation. 5
6 Strategy Statement Continue to strengthen the core > Industry consolidation > Emerging markets > Product line extensions Optimize and embed the Greif Business System throughout the enterprise to achieve top quartile profitability and lowest cost producer status while enhancing safety and quality. Pursue adjacencies. Emphasize sustainability in all of the company s activities to meet or exceed our stewardship responsibilities as a global citizen, and create long-term competitive and shareholder advantages. Fix, sell or close underperforming assets. 6
7 Our Aspirations Preferred productivity partner Compelling value proposition based on what customers are willing to pay for Low-cost provider of high-quality products with consistent and reliable delivery Growth Top-quartile performance metrics Top-quartile performance Organic growth: 5.0% Organic growth: 5.0% Operating profit margin: 12.5% Operating profit margin: 12.5% SG&A to net sales: 7.5% SG&A to net sales: 7.5% OWC to net sales: 7.5% OWC to net sales: 7.5% RONA: 25.0% RONA: 25.0% Value People Productivity Strong performance ethic Strong performance ethic Transparent governance Transparent governance structure structure Performance management Performance management Talent and succession Talent and succession management management Productivity imperative Real-cost productivity: ty 4% %per year Capital productivity Asset turns: 2x World-class strategic sourcing capabilities Note: Performance metrics over a complete business cycle. 7
8 Greif Business System Holistic Approach Operational Excellence Commercial Excellence Global Sourcing and Supply Chain Working Capital Key Overall Equipment Pocket Margin Identify key suppliers Fully integrated Effectiveness (OEE) and source raw global cash Account Management material requirements management 5S (Sort/Set in effectively system Order/Shine/Standardize Value Selling / Sustain) Elements (Partial list) Line Balancing Visual Management Value Stream Mapping Channel Management Performance Management Reduce raw material price volatility Achieve orderly deliveries Aggressively pursue direct and indirect cost savings Strong credit approval process Automated tools to manage and monitor cash requirements GBS diagnostics have identified approximately $100 million of additional cost savings. 8
9 Industrial Packaging (Dollars in billions) Net sales Served markets $3.1 Lubricants, Oils $3,200 $2.3 and Additives $2, CAGR $1.3 $2.3 9% $2.7 $2,400 $2,000 $1,600 $1,200 $2.0 $1.8 $1.6 $1.3 $ Agriculture Pharmaceutical Chemicals Operating profit margin (1) Competitive advantages Leading market position Growing global footprint Compelling value proposition Comprehensive product portfolio Strong customer relationships (1) Before restructuring charges and restructuring-related inventory charges. See GAAP to Non-GAAP reconciliation included in the Appendix of this presentation. 9
10 Most Comprehensive Industrial Packaging Portfolio Global Presence Steel Plastic Fibre Intermediate Bulk Containers Closures #1 #2 #1 #4 #1 Mauser Schutz Greif s global market share exceeds 30% 10
11 Paper Packaging (Dollars in millions) Net sales Served markets CAGR $324 $505 7% Automotive Building Products Food Packaging Operating profit margin (1) Competitive advantages Customer focus Integrated containerboard network Highly efficient sheet feeder footprint (1) Before restructuring charges. See GAAP to Non-GAAP reconciliation included in the Appendix of this presentation. 11
12 Land Management United States Canada Total Core Timberlands 222, ,700 Special Use Land 34,000 25,050 59,050 Total Acres 256,700 25, ,750 Land Management involves active harvesting, sale and regeneration of U.S. timber properties, Special Use (Higher and Better Use land and development land) sales, timberland management, wildlife stewardship, recreation and development. Undervalued timber portfolio with book value of $197 million at October 31, Over $225 million of timber properties have been monetized since Timber properties are located in Alabama, Louisiana and Mississippi in the United States and the Provinces of Quebec and Ontario in Canada. 12
13 Financial Review
14 Financial Profile (Dollars in millions) CAGR Net Sales $1,633 $1,916 $2,209 $2,424 $2,628 $3,322 $3,777 $2,792 8% Operating Profit (1) $ 92 $ 121 $ 155 $ 171 $ 238 $ 311 $ 413 $313 19% Net Income (1) $ 32 $ 43 $ 83 $ 96 $ 140 $ 190 $ 267 $194 29% RONA (1) (2) 7.5% 10.1% 13.3% 15.9% 21.5% 21.3% 24.8% 17.8% (1) Before restructuring charges, restructuring-related inventory charges, debt extinguishment charges, timberland disposals, net and cumulative effect of (2) change in accounting principle. See GAAP to Non-GAAP reconciliation included in the Appendix of this presentation. An explanation of the calculation of RONA is included in the Appendix of this presentation. 14
15 Financial Objectives (1) (Dollars in millions) Annual Organic Sales Growth 5% Total Debt to Total Capitalization 30% - 40% Annual Dividend Payout 30% - 35% Annual Capital Expenditures $85 - $145 Spread Over Cost of Capital 7.5% - 10% (1) Over a complete market cycle. 15
16 Strong Cash Generation (Dollars in millions) Purchases of PP&E, net $81 Other $7 Operating Cash Flow $267 Free Cash Flow (1) $186 Acquisitions $91 Cash Dividends $88 33% of Operating Cash Flow Returned to Shareholders in Fiscal 2009 (1) Free cash flow = operating cash flow purchases of PP&E, net 16
17 Cash Dividends (Dollars per Class A Common Share) : 22%CAGR More than 75 consecutive years of cash dividends paid 30%-35% payout target over complete business cycle 3.1% current yield (1) (1) Based on cash dividends paid during last 12 months (February 1, 2010). 17
18 Re-earning the Right to Premium Valuation GBS a catalyst enabling strong relative performance and value creation during cyclical trough Diversity a compelling competitive advantage Strong balance sheet and access to alternate sources of liquidity Balanced focus on defense (contingency planning/ enterprise risk management) and offense Solid, experienced and performance-driven management team with record of accomplishment Diversity > Strength > Performance 18
19 Appendix
20 GAAP to Non-GAAP Reconciliation Operating Profit UNAUDITED (Dollars in millions) 2000 GAAP operating profit $ 98.2 Restructuring charges - Timberland disposals, net (9.3) Non-GAAP operating profit before restructuring charges and timberland disposals, net $
21 GAAP to Non-GAAP Reconciliation Return on Net Assets UNAUDITED (Dollars in millions) GAAP operating profit $ $ 65.4 $ $ $ $ $ $ Restructuring charges Restructuring-related inventory charges Timberland disposals, net (12.1) (5.6) (7.5) (56.3) (41.3) 0.7 (0.4) - Non-GAAP - operating profit before restructuring charges, restructuringrelated inventory charges and timberland disposals, net $ 91.9 $ $ $ $ $ $ $ Average cash (1) $ (30.8) $ (27.2) $ (36.1) $ (67.9) $ (148.9) $ (120.4) $ (101.0) $ (79.5) Average short-term borrowings (1) Average current portion of long-term debt (1) Average long-term debt (1) Average shareholders' equity (1) , ,034.9 Average net assets $ 1,230.0 $ 1,198.5 $ 1,164.5 $ 1,074.7 $ 1,105.0 $ 1,463.6 $ 1,664.8 $ 1,764.2 GAAP return on net assets (GAAP operating profit divided by average net assets) 8.2% 5.5% 9.3% 17.9% 22.3% 19.8% 22.2% 13.3% Non-GAAP return on net assets (non- GAAP operating profit before restructuring charges, restructuring-related inventory charges and timberland disposals, net divided by average net assets) 7.5% 10.1% 13.3% 15.9% 21.5% 21.3% 24.8% 17.7% (1) Amounts used in the calculation for this graph are based upon the average balances as of the beginning of the fiscal year and end of each fiscal quarter for the years presented
22 GAAP to Non-GAAP Reconciliation Operating Profit Margin by Segment Operating Profit by Segment UNAUDITED (Dollars in millions) Industrial Packaging Net Sales $ 1,268.1 $ 1,384.2 $ 1,620.8 $ 1,804.2 $ 1,993.1 $ 2,662.9 $ 3,074.8 $ 2,666.9 GAAP - operating profit $ 39.0 $ 21.9 $ 66.9 $ 91.4 $ $ $ $ Restructuring charges Restructuring - related inventory charges Non-GAAP - operating profit before restructuring charges and restructuring-related inventory charges $ 41.3 $ 69.8 $ $ $ $ $ $ GAAP- operating profit margin 3.1% 1.6% 4.1% 5.1% 7.2% 8.0% 9.1% 6.8% Non-GAAP operating profit margin 3.3% 5.0% 6.9% 6.8% 8.4% 8.6% 10.2% 10.2% Paper Packaging Net Sales $ $ $ $ $ $ $ $ GAAP - operating profit $ 20.2 $ 17.9 $ 20.6 $ 36.3 $ 50.8 $ 62.5 $ 68.4 $ 58.0 Restructuring charges Non-GAAP - operating profit before restructuring charges $ 20.6 $ 30.4 $ 29.5 $ 40.6 $ 60.0 $ 67.7 $ 77.5 $ 58.7 GAAP- operating profit margin 6.2% 3.6% 3.6% 6.0% 8.2% 9.6% 9.8% 11.5% Non-GAAP-operating profit margin 64% 6.4% 60% 6.0% 52% 5.2% 67% 6.7% 97% 9.7% 10.4% 11.1% 1% 11.6% Land Management GAAP - Operating profit $ 42.0 $ 25.6 $ 21.2 $ 64.2 $ 51.9 $ 13.7 $ 20.9 $ 22.1 Restructuring charges Timberland disposals, net (12.1) (5.6) (7.5) (56.3) (41.3) 0.7 (0.4) - Non-GAAP - operating profit before restructuring charges and timberland disposals, net $ 30.0 $ 20.3 $ 13.9 $ 8.0 $ 10.6 $ 14.4 $ 20.6 $
23 GAAP to Non-GAAP Reconciliation Net Income GAAP to Non-GAAP Reconciliation Net Income UNAUDITED (Dollars in millions) GAAP - net income $ 31.0 $ 9.5 $ 47.8 $ $ $ $ $ Restructuring charges, net of tax Restructuring-related inventory charges, net of tax Debt extinguishment charge, net of tax Timberland disposals, net of tax (7.8) (3.9) (5.7) (36.3) (26.0) 0.5 (0.3) - Cumulative effect of change in accounting principle - (4.8) Non-GAAP - net income before restructuring charges, restructuringrelated inventory charges, debt extinguishment charge, timberland disposals, net and cumulative effect of change in accounting principle $ 31.6 $ 42.8 $ 83.0 $ 96.1 $ $ $ $
Investor Presentation. June 2010
Investor Presentation June 2010 Safe Harbor Forward-Looking Statements This presentation contains certain forward-looking information within the meaning of the Private Securities Litigation Reform Act
More informationInvestor Presentation. May 2010
Investor Presentation May 2010 Safe Harbor Forward-Looking Statements This presentation contains certain forward-looking information within the meaning of the Private Securities Litigation Reform Act of
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 informationSECOND QUARTER 2018 EARNINGS CONFERENCE CALL JUNE 7, 2018
SECOND QUARTER 2018 EARNINGS CONFERENCE CALL JUNE 7, 2018 Safe harbor FORWARD-LOOKING STATEMENTS This presentation contains certain forward-looking information within the meaning of the Private Securities
More informationQ Earnings Conference Call
Q3 2016 Earnings Conference Call SAFE HARBOR FORWARD-LOOKING STATEMENTS All presentations contain certain forward-looking information within the meaning of the Private Securities Litigation Reform Act
More information2018 ANNUAL MEETING OF STOCKHOLDERS
2018 ANNUAL MEETING OF STOCKHOLDERS Safe harbor FORWARD-LOOKING STATEMENTS This presentation contains certain forward-looking information within the meaning of the Private Securities Litigation Reform
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 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 informationAnnual Meeting of Stockholders. March 3, 2015
Annual Meeting of Stockholders March 3, 2015 Safe Harbor Statement Forward-Looking Statements All presentations contain certain forward-looking information within the meaning of the Private Securities
More informationGreif Reports Second Quarter 2017 Results
Greif Reports Second Quarter 2017 Results 6/7/2017 DELAWARE, Ohio--(BUSINESS WIRE)-- Greif, Inc. (NYSE: GEF, GEF.B), a world leader in industrial packaging products and services, announced second quarter
More informationGBS GR WTH Annual Report GREIF BUSINESS SYSTEM
GBS GREIF BUSINESS SYSTEM GR WTH 2007 Annual Report ABOUT THE COVER Our formula is simple: Combine the power of the Greif Business System with our growth strategy, and put the right people in the mix.
More informationMYERS INDUSTRIES, INC. Third Quarter 2018 Earnings Presentation
MYERS INDUSTRIES, INC. Third Quarter 2018 Earnings Presentation SAFE HARBOR STATEMENT & NON-GAAP MEASURES Statements in this presentation include forward-looking statements within the meaning of the Private
More informationFIRST QUARTER 2019 EARNINGS CONFERENCE CALL FEBRUARY 28, 2019
FIRST QUARTER 2019 EARNINGS CONFERENCE CALL FEBRUARY 28, 2019 Safe harbor FORWARD-LOOKING STATEMENTS This presentation contains certain forward-looking information within the meaning of the Private Securities
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 informationTHIRD QUARTER 2018 EARNINGS CALL //// OCTOBER 30, 2018
ACOUSTICS THIRD QUARTER 2018 EARNINGS CALL //// OCTOBER 30, 2018 Brian Kobylinski, Chief Executive Officer Chad Paris, Chief Financial Officer Rachel Zabkowicz, Vice President, Investor Relations DISCLAIMER
More informationFourth-Quarter and Full-Year 2016 Financial Results. Mark Costa, Board Chair & CEO Curt Espeland, EVP & CFO January 27, 2017
Fourth-Quarter and Full-Year 2016 Financial Results Mark Costa, Board Chair & CEO Curt Espeland, EVP & CFO January 27, 2017 Forward-looking statements During this presentation, we make certain forward-looking
More informationMYERS INDUSTRIES, INC. Fourth Quarter & Full Year 2018 Earnings Presentation
MYERS INDUSTRIES, INC. Fourth Quarter & Full Year 2018 Earnings Presentation SAFE HARBOR STATEMENT & NON-GAAP MEASURES Statements in this presentation include forward-looking statements within the meaning
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 informationEndo Health Solutions
Endo Health Solutions 3Q 2013 Earnings Report and A Compelling Combination: Endo Health Solutions and Paladin Labs November 5, 2013 Offer Language Disclosures This communication is not intended to and
More informationLyondellBasell Acquisition of A. Schulman
LyondellBasell Acquisition of A. Schulman Creating an Advanced Polymer Solutions Leader February 15, 2018 1 Cautionary Note Regarding Forward-looking Statements The statements in this communication relating
More informationANNUAL SHAREHOLDERS MEETING
ANNUAL SHAREHOLDERS MEETING May 18, 2017 Dick Giromini, Chief Executive Officer Wabash National Corporation SAFE HARBOR STATEMENT This presentation contains certain forward-looking statements, as defined
More informationNovelis Q4 and Fiscal Year 2016 Earnings Conference Call
Novelis Q4 and Fiscal Year 2016 Earnings Conference Call May 10, 2016 Steve Fisher President and Chief Executive Officer Steve Pohl Vice President and Interim Chief Financial Officer 1 Safe Harbor Statement
More informationJohn Engel Chairman, President and CEO. EPG Conference May 19, 2014
John Engel Chairman, President and CEO EPG Conference May 19, 2014 Safe Harbor Statement Note: All statements made herein that are not historical facts should be considered as forwardlooking statements
More informationForward Looking Statement
as of 2/26/2015 Forward Looking Statement Statements and information included in this presentation that are not purely historical are forward-looking statements within the meaning of the Private Securities
More informationThe Manitowoc Company, Inc.
The Manitowoc Company, Inc. RBC CAPITAL MARKETS GLOBAL INDUSTRIALS CONFERENCE SEPTEMBER 5, 2018 LAS VEGAS, NV Dave Antoniuk, SVP & CFO Ion Warner, VP Marketing & IR Forward- Looking Statements Safe Harbor
More informationFOURTH QUARTER 2017 EARNINGS CALL //// MARCH 1, 2018
FINISHING COMPONENTS SEATING ACOUSTICS FOURTH QUARTER 2017 EARNINGS CALL //// MARCH 1, 2018 Brian Kobylinski, Chief Executive Officer Chad Paris, Chief Financial Officer Rachel Zabkowicz, Vice President,
More informationMYERS INDUSTRIES, INC. First Quarter 2018 Earnings Presentation
MYERS INDUSTRIES, INC. First Quarter 2018 Earnings Presentation SAFE HARBOR STATEMENT & NON-GAAP MEASURES Statements in this presentation concerning the Company s goals, strategies and expectations for
More informationPRELIMINARY RESULTS - SUBJECT TO AUDIT
CONSOLIDATED EARNINGS (in millions, except per-share figures) Net sales and revenues: Forest Products $ 1,103 $ 1,192 $ 1,211 $ 1,118 $ 1,423 $ 4,624 $ 6,692 Real Estate 172 199 196 337 354 904 1,408 Total
More informationLincoln Electric Holdings, Inc. 1Q 2013 Financial Results Conference Call April 23, 2013
Lincoln Electric Holdings, Inc. 1Q 2013 Financial Results Conference Call April 23, 2013 1 Safe Harbor & Reg-G Forward-Looking Statements: Statements made during this presentation which are not historical
More informationAegean Marine Petroleum Network Inc. Announces First Quarter 2016 Financial Results. Generates Record Sales Volumes and Solid Operational Efficiency
Aegean Marine Petroleum Network Inc. Announces First Quarter 2016 Financial Results Generates Record Sales Volumes and Solid Operational Efficiency New York, NY, May 24, 2016 Aegean Marine Petroleum Network
More informationNASDAQ 38th Investor Conference
NASDAQ 38th Investor Conference Mark Long Chief Financial Officer June 12, 2018 1 Forward-Looking Statements Safe Harbor Disclaimers This presentation contains forward-looking statements that involve risks
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 informationFiscal Fourth Quarter Ended June 30, 2018
Fiscal 2018 Fourth Quarter Ended June 30, 2018 Safe harbor This presentation contains certain forward-looking statements concerning Matrix Service Company s operations, economic performance and management
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 informationSECOND QUARTER REPORT
MARTINREA INTERNATIONAL INC. SECOND QUARTER REPORT JUNE 30, 2017 SECOND QUARTER REPORT MESSAGE TO SHAREHOLDERS The Company experienced a record quarter, with improving earning and margins, as reflected
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 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 informationPackaging Corporation of America
Packaging Corporation of America Acquisition of Boise Inc. September 16, 2013 Packaging Corporation of America Packaging g Corporation of America Certain statements in this presentation are forward-looking
More informationZep Inc. Jefferies 2013 Global Industrials Conference
Zep Inc. Jefferies 2013 Global Industrials Conference August 14, 2013 John Morgan Chairman, President & CEO Mark Bachmann - CFO Don De Laria VP Investor Relations & Communications Safe Harbor This release
More informationBank of America Merrill Lynch Global Industrials Conference 2018 March 2018
Bank of America Merrill Lynch Global Industrials Conference 2018 March 2018 Safe Harbor This presentation includes forward-looking statements which are statements that are not historical facts, including
More informationRAVEN INDUSTRIES SOLVING GREAT CHALLENGES
RAVEN INDUSTRIES SOLVING GREAT CHALLENGES As of October 31, 2018 1 SAFE HARBOR & REGULATION G Safe Harbor Statement Certain matters discussed today may include 'forward looking statements' as that term
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 informationLincoln Electric Holdings, Inc. Overview
Lincoln Electric Holdings, Inc. Overview Stifel 208 Cross Sector Insight Conference June 2, 208 Vincent K. Petrella Executive Vice President & CFO Safe Harbor and Regulation G Disclosures Forward-Looking
More information2018 RBC Capital Markets Global Industrials Conference September 8, 2018
2018 RBC Capital Markets Global Industrials Conference September 8, 2018 Safe Harbor and Non-GAAP Financial Metrics Certain statements in this presentation may be deemed to be forward-looking. These statements
More informationCooper Standard Reports Record Sales, Strong Net Income and Record Adjusted EBITDA
August 3, 2017 Cooper Standard Reports Record Sales, Strong Net Income and Record Adjusted EBITDA NOVI, Mich., Aug. 3, 2017 /PRNewswire/ -- Cooper-Standard Holdings Inc. (NYSE: CPS) today reported results
More informationZep Inc. Company Overview. October 2013
Zep Inc. Company Overview October 2013 Safe Harbor This release contains, and other written or oral statements made by or on behalf of Zep may include, forward-looking statements, within the meaning of
More informationCreating Shareholder Value
Creating Shareholder Value 2011 Disclosure regarding forward-looking statements Throughout this presentation, we make a number of forward-looking statements within the meaning of the Private Securities
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 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 informationMay 2017 Investor Meetings
May 2017 Investor Meetings Safe Harbor Statement This presentation includes forward-looking statements (statements which are not historical facts) within the meaning of the Private Securities Litigation
More informationInnovation Day Curt Espeland. Executive Vice President and Chief Financial Officer
Innovation Day 2018 Curt Espeland Executive Vice President and Chief Financial Officer Forward-looking statements During these presentations, we make certain forward-looking statements concerning plans
More informationSteve Martens VP Investor Relations FY13 Q3
Steve Martens VP Investor Relations steve.martens@molex.com FY13 Q3 Forward-Looking Statement Statements in this presentation that are not historical are forward-looking and are subject to various risks
More informationMARTINREA INTERNATIONAL INC. Reports Record Quarterly Earnings, Strong Margin Improvement and Announces Dividend
MARTINREA INTERNATIONAL INC. Reports Record Quarterly Earnings, Strong Margin Improvement and Announces Dividend August 8, 2017 For Immediate Release Toronto, Ontario Martinrea International Inc. (TSX:MRE),
More informationInvestor Presentation. March 2013
Investor Presentation March 2013 1 Important Disclosures NOTE ON FORWARD-LOOKING STATEMENTS: This presentation and related discussions contain forward-looking statements about such matters as: our outlook
More informationInvestor Presentation. August 2014
Investor Presentation August 2014 1 Important Disclosures NOTE ON FORWARD-LOOKING STATEMENTS: This presentation and related discussions may contain forward-looking statements about such matters as: our
More informationFinancial Overview. Leslie Varon
Financial Overview Leslie Varon Xerox Investment Proposition Global Market Leader Attractive Market Opportunities Disciplined Operator Strong Annuity- Driven Cash Flow Sustainable Shareholder Returns Strong
More informationFiscal 2019 First Quarter Results. October 30, 2018
Fiscal 2019 First Quarter Results October 30, 2018 Safe Harbor This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section
More informationInvestor Presentation
RPM International Inc. Investor Presentation Frank C. Sullivan, Chairman & CEO BoA Merrill Lynch 2019 Global Agriculture & Materials Conference 1 Forward-Looking Statements & Regulation G This presentation
More informationBANK OF AMERICA MERRILL LYNCH. Global Agriculture & Chemical Conference March 1-2, 2017
BANK OF AMERICA MERRILL LYNCH Global Agriculture & Chemical Conference March 1-2, 2017 1 Agenda 1 COMPANY PROFILE & BACKGROUND 2 DELIVERING VALUE 3 EXECUTION OF STRATEGIC OBJECTIVES 4 INVESTMENT HIGHLIGHTS
More informationDOMTAR CORPORATION THIRD QUARTER 2018 EARNINGS CALL November 1st, 2018
DOMTAR CORPORATION THIRD QUARTER 2018 EARNINGS CALL November 1st, 2018 (All financial information is in U.S. dollars, and all earnings per share results are diluted, unless otherwise noted.) SAFE HARBOR
More informationKen Parks Senior Vice President and Chief Financial Officer. Vertical Research Partners Conference Westbrook, CT September 3, 2014
Ken Parks Senior Vice President and Chief Financial Officer Vertical Research Partners Conference Westbrook, CT September 3, 2014 Safe Harbor Statement Note: All statements made herein that are not historical
More informationITT reports strong 2018 third-quarter results Raises EPS and Organic Revenue guidance mid-points
ITT Inc. 1133 Westchester Ave. White Plains, NY 10604 tel 914 641 2000 Press Release ITT reports strong 2018 third-quarter results Raises EPS and Organic Revenue guidance mid-points 2018 Third-Quarter
More informationCarpenter Technology Corporation. 1 st Quarter Fiscal Year 2019 Earnings Call October 24, 2018
Carpenter Technology Corporation 1 st Quarter Fiscal Year 2019 Earnings Call October 24, 2018 Cautionary Statement Forward-Looking Statements This presentation contains forward-looking statements within
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 informationDOMTAR CORPORATION FOURTH QUARTER 2017 EARNINGS CALL February 8, 2018
DOMTAR CORPORATION FOURTH QUARTER 2017 EARNINGS CALL February 8, 2018 (All financial information is in U.S. dollars, and all earnings per share results are diluted, unless otherwise noted.) SAFE HARBOR
More informationElectrical Products Group Conference. May 23, 2018
Electrical Products Group Conference May 23, 2018 FORWARD-LOOKING STATEMENTS NON-GAAP MEASURES The Company uses certain non-gaap measures in discussing the Company s performance. The reconciliation of
More informationBlue Apron Holdings, Inc. Reports Third Quarter 2018 Results
Key Highlights: Blue Apron Holdings, Inc. Reports Third Quarter 2018 Results Net loss improved 61% or $53.3 million year-over-year from $87.2 million to $33.9 million; adjusted EBITDA improved 61% or $29.2
More informationBaird s 2018 Global Industrial Conference
Baird s 2018 Global Industrial Conference NOVEMBER 6, 2018 Wilson Jones President and CEO Dave Sagehorn Executive Vice President & CFO Pat Davidson Sr. Vice President, Investor Relations (NYSE: OSK) Forward-Looking
More informationOMAM. Investor Presentation. Fourth Quarter 2014
OMAM Investor Presentation Fourth Quarter 2014 DISCLAIMER Forward Looking Statements This presentation may contain forward looking statements for the purposes of the safe harbor provision under the Private
More informationLeveraging our strengths to drive shareholder value. SunTrust Robinson Humphrey Conference Atlanta, Georgia April, 2007
Leveraging our strengths to drive shareholder value SunTrust Robinson Humphrey Conference Atlanta, Georgia April, 2007 Safe Harbor Disclosure Statement under the Private Securities Litigation Act of 1995:
More informationGreif Reports Third Quarter 2018 Results
Greif Reports Third Quarter 2018 Results 8/29/2018 DELAWARE, Ohio--(BUSINESS WIRE)-- Greif, Inc. (NYSE: GEF, GEF.B), a world leader in industrial packaging products and services, today announced third
More information4Q15 Earnings Presentation
1 www.lbfoster.com 4Q15 Earnings Presentation March 1, 2016 2 Safe Harbor Statement This presentation and oral statements regarding the subject matter may contain forwardlooking statements within the meaning
More informationAMCOR LIMITED, ANNUAL GENERAL MEETING THURSDAY, OCTOBER 11, Thank you Mr Chairman and good morning Ladies and Gentlemen.
News Release 11 October 2018 AMCOR LIMITED, ANNUAL GENERAL MEETING THURSDAY, OCTOBER 11, 2018 MANAGING DIRECTOR S ADDRESS Slide 15 MD and CEO title slide Thank you Mr Chairman and good morning Ladies and
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 informationThird Quarter 2015 Earnings Call October 29, 2015
Third Quarter 2015 Earnings Call October 29, 2015 Rob Wagman President & Chief Executive Officer Nick Zarcone Executive Vice President & Chief Financial Officer Joe Boutross Director, Investor Relations
More informationSanford Bernstein Conference Rockwell Automation
Sanford Bernstein Conference Rockwell Automation Keith D. Nosbusch Chairman and CEO May 31, 2013 Rev 5058-CO900D Safe Harbor Statement This presentation contains statements (including certain projections
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 informationLincoln Electric Holdings, Inc. Overview
Lincoln Electric Holdings, Inc. Overview Robert W. Baird s Global Industrials Conference November 8, 2017 Christopher L. Mapes Chairman, President & Chief Executive Officer Vincent K. Petrella Executive
More informationCFO Remarks. Greg Smith Executive Vice President and Chief Financial Officer. May 21, May 2014 Investor Conference
May 2014 Investor Conference CFO Remarks Greg Smith Executive Vice President and Chief Financial Officer May 21, 2014 1 Recent Strategic Accomplishments Addressed sizable pension liability & ensured labor
More informationWest Pharmaceutical Services, Inc. RBC Capital Markets Global Healthcare Conference
West Pharmaceutical Services, Inc. Eric M. Green, President & CEO William J. Federici, Senior Vice President & CFO February 21, 2018 Safe Harbor Statement Cautionary Statement Under the Private Securities
More informationEarnings Conference Call Third Quarter 2016 October 28, :00 am ET
Earnings Conference Call Third Quarter 2016 October 28, 2016 9:00 am ET Today s Presenters Kim Ann Mink, Ph.D. Chief Executive Officer and President Han Kieftenbeld SVP and Chief Financial Officer 2 Safe
More informationDean Foods. May 2015
Dean Foods May 2015 1 Forward-Looking Statements Some of the statements made in this presentation are forward-looking and are made pursuant to the safe harbor provision of the Private Securities Litigation
More information12 Brookfield Asset Management
Statement Regarding Forward-Looking Statements This Report to Shareholders contains forward-looking information within the meaning of Canadian provincial securities laws and other forward-looking statements
More informationSECOND QUARTER 2017 EARNINGS CALL //// AUGUST 3, 2017
FINISHING COMPONENTS SEATING ACOUSTICS SECOND QUARTER 2017 EARNINGS CALL //// AUGUST 3, 2017 Brian Kobylinski, Chief Executive Officer Sarah Lauber, Senior Vice President & Chief Financial Officer Chad
More informationOffice Depot, Inc. Second Quarter 2018 Financial Results. August 7, 2018
Office Depot, Inc. Second Quarter 2018 Financial Results August 7, 2018 Safe Harbor Statement The Private Securities Litigation Reform Act of 1995, as amended, (the Act ) provides protection from liability
More informationLPL Financial. Purchase of National Planning Holdings, Inc. August 15, Member FINRA/SIPC
LPL Financial Purchase of National Planning Holdings, Inc. August 15, 2017 Member FINRA/SIPC Notice to Investors: Safe Harbor Statement Statements in this presentation regarding LPL Financial Holdings
More informationUSA Truck, Inc. (NASDAQ: USAK) Investor Presentation February 2016
USA Truck, Inc. (NASDAQ: USAK) Investor Presentation February 2016 DISCLOSURE STATEMENT This presentation and accompanying comments may contain forward-looking statements within the meaning of Section
More informationBANK OF AMERICA MERRILL LYNCH 2017 LEVERAGED FINANCE CONFERENCE
THE NEW NAVISTAR November 29, 2017 BANK OF AMERICA MERRILL LYNCH 2017 LEVERAGED FINANCE CONFERENCE International is a registered trademark of, Inc. NYSE: NAV1 Safe Harbor Statement and Other Cautionary
More informationQ2 FISCAL 2019 EARNINGS PRESENTATION. October 19, 2018
Q2 FISCAL 2019 EARNINGS PRESENTATION October 19, 2018 SAFE HARBOR STATEMENT Certain statements included in this presentation are "forward-looking statements" within the meaning of the federal securities
More informationB. Riley Investor Conference. May 23, 2018
B. Riley Investor Conference May 23, 2018 About This Presentation Safe Harbor Statement This presentation includes forward-looking statements (statements which are not historical facts) within the meaning
More informationQ1 FISCAL 2019 EARNINGS PRESENTATION JULY 20, 2018
Q1 FISCAL 2019 EARNINGS PRESENTATION JULY 20, 2018 SAFE HARBOR STATEMENT Certain statements included in this presentation are "forward-looking statements" within the meaning of the federal securities laws.
More informationRegal Beloit Corporation Investor Relations Presentation
Regal Beloit Corporation Investor Relations Presentation August 11, 2014 Mark J. Gliebe President Chief Executive Officer Jonathan Schlemmer Chief Operating Officer Chuck Hinrichs Vice President Chief
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 informationNorthrop Grumman 2009 Shareholder Meeting
Northrop Grumman 2009 Shareholder Meeting May 20, 2009 Ron Sugar Chairman & Chief Executive Officer Safe Harbor Statement Certain statements and assumptions in this presentation, other than those of historical
More informationInvestor Presentation. Third Quarter 2015
Investor Presentation Third Quarter 2015 Forward-looking Information Certain matters contained in this presentation include "forward-looking statements" within the meaning of Section 27A of the Securities
More informationStifel 2018 Cross Sector Insight Conference. June 12, 2018
N Stifel 2018 Cross Sector Insight Conference June 12, 2018 Forward-Looking Statements Certain statements in this presentation, including without limitation statements about the company; market growth
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 informationFocused on Energy Delivery, Positioned to Execute
Focused on Energy Delivery, Positioned to Execute Introduction to CenterPoint Energy March 2018 For more information visit centerpointenergy.com Our 2016 Corporate Responsibility Report can be found at
More informationquarterly dividend. for the year HIGHLIGHTS Tenth of $94.5 million OVERVIEW to deliver also pleased won $30 Fred Di Tosto, on a basic and
MARTINREA INTERNATIONAL INC.. Reports Record Quarterly Earnings and Announces Dividend May 1, 2017 For Immediatee Release Toronto, Ontario Martinrea International Inc. (TSX:MRE), a leader in the development
More information