August 11, Q Earnings Presentation
|
|
- Theodore Blankenship
- 8 years ago
- Views:
Transcription
1 August 11, 2015 fa Q Earnings Presentation
2 Disclaimer These slides contain (and the accompanying oral discussion will contain) forward looking statements. All statements other than statements of historical fact or relating to present facts or current conditions are forward- looking statements. Such statements involve known and unknown risks, uncertainties and other factors that could cause the actual results of the Company to differ materially from the results expressed or implied by such statements, including general economic and business conditions, conditions affecting the industries served by the Company and its subsidiaries, conditions affecting the Company s customers and suppliers, competitor responses to the Company s products and services, the overall market acceptance of such products and services, increases in the Company s cost structure, the rate of economic development and growth in emerging markets, the Company s exposure to fluctuations in currencies, the Company s ability to successfully implement its strategic initiatives to increase cost savings and improve operating margins, the integration of acquisitions and other factors disclosed in the Company s periodic reports. Such risks and other factors that may impact management s beliefs and assumptions are more particularly described in the prospectus contained in our Registration Statement on Form S-1 filed with the Securities and Exchange Commission (the SEC ) under the caption Risk Factors. Consequently such forward-looking statements should be regarded as the Company s current plans, estimates and beliefs. The forward looking statements in these slides are made only as of the date hereof. The Company does not undertake and specifically declines any obligation to publicly release the results of any revisions to these forward-looking statements that may be made to reflect any future events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events. All of the Company s forward-looking statements should be considered in light of these factors. These slides contain financial measures which have not been calculated in accordance with generally accepted accounting principles in the United States ( U.S. GAAP ), including Adjusted EBITDA and Adjusted Net Income. These non-gaap financial measures should be considered only as supplemental to, and not as an alternative to, financial measures prepared in accordance with U.S. GAAP. Please refer to the appendix of this presentation for a reconciliation of Adjusted EBITDA and Adjusted Net Income to the most directly comparable U.S. GAAP financial measures. We believe that the presentation of Adjusted EBITDA is useful to provide additional information to investors about certain material non-cash items. We believe the presentation of Adjusted Net Income enhances our investors overall understanding of the financial performance and cash flow of our business. Our use of the terms Adjusted EBITDA and Adjusted Net Income may vary from that of others in our industry. This presentation should be read in conjunction with Management s Discussion and Analysis and Condensed Consolidated Financial Statements presented within Form 10-Q filed with the SEC on August 11,
3 Milacron Company Overview Milacron is a global leader in the manufacture, distribution and service of highly engineered and customized systems within the $27 billion plastic technology and processing market Delivers equipment and service to customers throughout the entire lifecycle of their systems Over 60% of sales from consumable products providing high margin recurring revenue stream Only global company with a full-line product portfolio of highly customized equipment, components and services including: Hot Runners, Injection Molding, Extrusion and Blow Molding equipment, as well as Controllers, Mold Bases and premium Fluids Strong brands cultivated over 150 years 2014 Revenue Fluids 11% After Market 17% Advanced Plastic Processing Technologies 56% Melt Delivery and Control Systems 33% Equipment Systems 39% 2014 Adj. EBITDA Consumables 61% Fluids 11% Advanced Plastic Processing Technologies 37% Melt Delivery and Control Systems 52% Note: Advanced Plastic Processing Technologies = APPT; Melt Delivery and Control Systems = MDCS; Fluid Technologies = Fluids. 2
4 Go Forward Plan Long-term Goals Grow Share Profitably 5%+ organic revenue growth Fund the Future 20%+ EBITDA margin Make Possibilities a Reality 20%+ of revenue from new products Win Together Great place to work 3
5 Investment Highlights Milacron is a Leading Industrial Technology Company Leading Market Positions & Portfolio of Brands Recurring Revenue Stream with a Focus on Consumables Large Installed Base & Blue Chip Customers Diverse End-Markets & Geography Representing a Differentiated Investment Opportunity Positioned to Benefit from GDP+ Global Plastics Market Growth Growing Share with Disruptive Technology and Innovation Actionable Cost Reductions & Margin Expansion Experienced & Highly Skilled Management Team 5%+ Organic Revenue Growth & Path to 20%+ EBITDA Margins 4
6 Positioned to Benefit from GDP + Global Plastics Market Growth Fragmented and Growing $27B Market Top 15 Companies (Including Milacron) (1) 33% (Metric tons in millions) 400 Global Plastic Consumption (2) '10A-'15E CAGR: 5.4% Rest of Market 67% (1) A 2011A 2012A 2013A 2014E 2015E Historical Expansion Lifecycle / Consumables Expansion Complementary Plastics Technology Geographic Expansion (Emerging Markets / LCCs) Key Drivers Growing global demand for plastic products Conversion opportunities from other materials Global Plastic Processing Equipment (3) Global Hot Runner Market (4) (Sales in $bn) $32 $28.9 $28 $27.0 $25.3 $24 '14E-'17E CAGR: 7.1% (Sales in $bn) $31.1 $2.7 $2.4 $2.1 $2.1 $1.8 '14E-'17E CAGR: 8.0% $2.3 $2.4 $2.6 $ E 2015E 2016E 2017E Demand Drivers $ E 2015E 2016E 2017E Demand Drivers Processing technology driving materials conversion Automation / upgrading in emerging markets Upgrading of aging fleets in developed markets Product cost, quality and shortening product lifecycles Increasing penetration rates in emerging markets (~30% vs % in developed) (1) Conversion of older cold runner technology to hot runners (1) Management Estimates. (2) Source: Global Industry Analysts, Inc. (3) Source: Global Industry Analysts, Inc. (4) Source: Interconnection Consulting. 5
7 Q2 Highlights Sales of $301.3 million in Q2 15 represented an increase of 8.2% on a constant currency basis Adjusted EBITDA increased 32% to $56 million in Q2 15 Adjusted EBITDA margins increased to 18.6% in Q2 15 from 14.3% in Q2 14 Completed IPO in Q2 15 raising approximately $265 million of net (1) (2) proceeds, net leverage declined to 4.1x Note: All comparisons are vs. Q2 14 (1) Excludes the underwriter s partial exercise of their over-allotment option of 415,600 shares in July 2015 (2) Defined as Net Debt/ LTM Adj. EBITDA 6
8 Milacron Q2 15 and YTD Results Q2 Highlights Q Q YTD 2015 YTD 2014 Revenue $301.3M $295.9M $580.5M $576.2M Adjusted EBITDA Organic Growth: 2% FX Adjusted Growth: 8.2% $56.0M $42.4M $100.5M $85.8M % Revenue 18.6% 14.3% 17.3% 14.9% Year on Year Growth Q YTD 2015 Organic 8.2% 5.6% Acquisition - 1.3% FX (6.4%) (6.1%) Total 1.8% 0.7% Achieved constant currency revenue growth of 8.2% in Q2:15 and 6.9% YTD EBITDA margin improved 430 basis points in Q2:15 and 240 basis points YTD. The increase was primarily driven by cost out initiatives and leverage on incremental volume Completed the transition of the MDCS warehouse from Belgium to the Czech Republic and began transitioning the APPT blow molding systems manufacturing operations from Italy to the Czech Republic 7
9 Advanced Plastic Processing Technologies Revenue Q2 15 and YTD Results Q Q YTD 2015 YTD 2014 Revenue $169.9M $158.3M $321.3M $310.3M Adjusted EBITDA $23.0M $13.1M $40.7M $29.6M % Revenue 13.5% 8.3% 12.7% 9.5% Year on Year Growth Q YTD 2015 Organic 11.7% 6.1% Acquisition - 1.7% FX -4.4% -4.2% Total 7.3% 3.5% APPT Q2 15 as a % of Total Milacron Adjusted EBITDA (1) 38% Q2 Highlights Achieved constant currency revenue growth of 11.7% in Q2:15 and 7.8% YTD EBITDA margin improved 520 basis points in Q2:15 and 320 basis points YTD. Strong leverage was benefited by cost out initiatives and a higher mix of Aftermarket sales Equipment sales were strong in North America, Europe and India. Aftermarket parts and service also exhibited solid growth 56% (1) Excludes Corporate Adjusted EBITDA of $(5.3) million 8
10 Melt Delivery and Control Systems Revenue Q2 15 and YTD Results Q Q YTD 2015 YTD 2014 Revenue $101.8M $105.2M $201.2M $201.8M Adjusted EBITDA $32.0M $28.6M $59.5M $54.8M % Revenue 31.4% 27.2% 29.6% 27.2% Year on Year Growth Q YTD 2015 Organic 4.6% 6.3% Acquisition - 1.1% FX -7.8% -7.8% Total -3.2% -0.3% MDCS Q2 15 as a % of Total Milacron Adjusted EBITDA (1) Highlights Achieved year over year constant currency revenue growth of 4.6% in Q2:15 and 7.5% YTD Adjusted EBITDA margin improved 420 basis points in Q2:15 and 240 basis points YTD Sales were driven by growth in hot runner systems, mold assemblies and spare parts across all regions with particular strength in automotive, consumer goods and medical sectors 34% 52% (1) Excludes Corporate Adjusted EBITDA of $(5.3) million 9
11 Fluid Technologies Q2 15 and YTD Results Q Q YTD 2015 YTD 2014 Revenue $29.6M $32.4M $58.0M $64.1M Adjusted EBITDA $6.3M $5.5M $11.4M $10.6M % Revenue 21.3% 17.0% 19.7% 16.5% Year on Year Growth Q YTD 2015 Organic 2.5% 0.8% Acquisition - - FX -11.1% -10.3% Total -8.6% -9.5% Highlights Achieved year over year constant currency revenue growth of 2.5% in Q2:15 and 0.8% YTD Adjusted EBITDA margin improved 430 basis points in Q2:15 and 320 basis points YTD Sales were driven by growth in Europe and Mexico and the automotive sector Fluid Technologies Q2 15 as a % of Total Revenue 10% Adjusted EBITDA (1) 10% (1) Excludes Corporate Adjusted EBITDA of $(5.3) million 10
12 YTD Free Cash Flow and Capital Structure Q2 Free Cash Flow June 30 th 2015 Capital Structure Capitalization & Debt Ratios % of Total Capitalization Debt Term Loan 482 Secured Notes IN 465 Other 8 CN Total Debt % Market Capitalization 1,310 58% Total Capitalization 2,265 Net Debt 877 Credit Metrics Net Debt / Adj. EBITDA Interest Coverage PF Interest Coverage (1) 4.1 x 3.1 x 3.5 x (1) Adjusted for lower interest following IPO de-levering 11
13 Go Forward Plan Grow Share Profitably Fund the Future Make Possibilities a Reality Win Together Long-term Goals 5%+ organic revenue growth 20%+ EBITDA margin 20%+ of revenue from new products Great place to work Action Steps Leverage full capabilities of the Company as "One Milacron" in the market Accelerate lifecycle revenue with consumables and service growth Increase share of wallet through account management Invest to gain share in 8% growing global hot runner market Next generation technology Emerging markets capacity Develop cost conscious culture across the Company Implement pricing tool to manage margins Add capacity in advance of market Aggressive management of working capital Cost reduction initiatives in place $30 million run-rate savings by the end of 2017 Manufacturing footprint consolidation to low cost countries G&A cost reduction through shared service centers and centralization Invest in game changing growth opportunities Optimize the Company s existing equipment portfolio to meet regional requirements Broaden hot runner platform and accelerate innovation Improve speed to market in all aspects of the business Identify and execute select bolt-on acquisitions Drive One Milacron across the Company Best-in-class quality and safety Build world-class leaders, account management and sales teams Deliver great service to every customer, every day Develop world class compensation system to share the wins 12
14 Appendix
15 Adj. EBITDA to Net Income Reconciliation 14
16 Adj. EBITDA to Net Income Reconciliation a) Non-cash currency effect on intercompany advances primarily relates to advances denominated in foreign currencies. The most significant exposure relates to the Canadian dollar pursuant to intercompany advances associated with the acquisition of Mold-Masters. b) Organizational redesign costs in the three months ended June 30, 2015 primarily included $1.3 million of severance and $2.0 million of one-time project costs related to relocating our facilities in Belgium and Italy to the Czech Republic, $0.8 million for termination costs as a result of eliminated positions, and $0.5 million of costs related to the restructuring of Fluids footprint in Europe. Organizational redesign costs in the six months ended June 30, 2015 primarily included $3.9 million of severance and $2.5 million of one-time project costs related to relocating our facilities in Belgium and Italy to the Czech Republic, $2.3 million for termination costs as a result of eliminated positions, $0.5 million of costs related to the restructuring of Fluids footprint in Europe, and $0.4 million of costs related to the transition of positions to lowcost countries. Organizational redesign costs during the three months ended June 30, 2014 included $0.5 million of costs for changes in the executive management team, $0.6 million of costs related to the shutdown of facilities, and $0.4 million of costs for the transition of positions to low-cost countries. Organizational redesign costs during the six months ended June 30, 2014 included $1.2 million of costs for changes in the executive management team, $0.8 million of costs for the transition of positions to low-cost countries and $0.6 million of costs related to the shutdown of facilities. c) Long-term equity options and shareholder fees include the non-cash charges associated with stock based compensation awards granted to certain executives and independent directors and a cash advisory fee paid to CCMP in the three and six months ended June 30, 2015 and The cash advisory payment to CCMP ceased as of the effective date of our IPO. d) Debt costs incurred during the three and six months ended June 30, 2015 included $22.2 million of debt extinguishment costs and $0.9 million of fees related to the new senior secured term loan facility. Debt costs incurred during the three and six months ended June 30, 2014 included a $2.9 million loss on the early extinguishment of a portion of our 8.375% senior secured notes due The loss consists of a $1.6 million premium paid for the early extinguishment and $1.3 million of previously deferred financing costs. We also expensed $0.5 million of previously deferred financing costs related to the senior secured term loan facility due March The six months ended June 30, 2014 also included $0.7 million of fees to increase the senior secured term loan facility due March e) Acquisition integration costs in the three and six months ended June 30, 2015 included $0.6 million and $2.0 million, respectively, of costs related to the TIRAD, s.r.o. ("TIRAD") and Mold-Masters acquisitions for product line integration and other strategic alignment initiatives. In addition, in the three and six months ended June 30, 2015 we incurred $0.5 million and $1.3 million, respectively, to introduce the integration and new branding of all Milacron companies. Acquisition integration costs in the three and six months ended June 30, 2014 primarily included travel and consulting services for the acquisition of Mold-Masters and certain other smaller acquisitions. f) Professional fees related to operational efficiency, business development, and other one-time advisory projects in the three and six months ended June 30, 2015 included $1.8 million and $2.2 million of fees for readiness initiatives associated with our IPO and $0.1 million and $0.4 million of costs for strategic organizational initiatives, respectively. Professional fees in the three months ended June 30, 2014, included $0.3 million related to strategic organizational initiatives and $0.4 million related to certain advisory services for readiness initiatives associated with our IPO. Professional fees in the six months ended June 30, 2014, included $0.6 million related to strategic organizational initiatives and $0.4 million related to certain advisory services for readiness initiatives associated with our IPO. g) Business combination costs relate to certain professional, audit and other fees related to the acquisitions of Kortec, TIRAD, and certain other smaller acquisitions. h) Other costs for the three and six months ended June 30, 2015 include a non-cash charge of $2.2 million related to the impairment of certain trademarks. 15
17 Adj. EBITDA to Net Income Reconciliation 16
18 Adj. EBITDA to Net Income Reconciliation a) Non-cash currency effect on intercompany advances primarily relates to advances denominated in foreign currencies. The most significant exposure relates to the Canadian dollar pursuant to intercompany advances associated with the acquisition of Mold-Masters within the MDCS segment. b) Organizational redesign costs incurred in MDCS in the three months ended June 30, 2015 included $1.6 million of one-time project costs related to relocating our Belgium warehouse to the Czech Republic. Organizational redesign costs in APPT in the three months ended June 30, 2015 included $1.3 million of severance and $0.3 million of other one-time project costs related to relocating our operation in Italy to the Czech Republic. Organizational redesign costs incurred in the Fluids segment in the three months ended June 30, 2015 included $0.5 million of one-time project costs related to restructuring the segment s European footprint. In the three and six months ended June 30, 2015, organizational redesign costs across all segments included $0.8 million and $2.3 million for termination costs as a result of eliminated positions and $0.1 million and $0.4 million of costs related to the transition of positions to low-cost countries, respectively. As incurred at the respective segments, organizational redesign costs in the three months ended June 30, 2014 included $0.4 million for salary and severance costs as a result of eliminated positions and $0.6 million for costs due to the shutdown of facilities. Organizational redesign costs for Fluids and Corporate in the three and six months ended June 30, 2014 included $0.5 million and $1.2 million, respectively, included costs for changes in the executive management team. Costs in Corporate and MDCS for the three and six months ended June 30, 2014 included $0.4 million and $0.8 million of costs for the transition of positions to lowcost countries, respectively. c) Long-term equity options and shareholder fees in Corporate include the non-cash charges associated with stock-based compensation awards granted to certain executives and independent directors and a cash advisory fee paid to CCMP in the three and six months ended June 30, 2015 and The cash advisory payment to CCMP ceased as of the effective date of our IPO. d) Debt costs incurred during the three and six months ended June 30, 2015 included $0.9 million of fees related to the new senior secured term loan facility due September Debt costs incurred during the six months ended June 30, 2014 included $0.7 million of fees to increase the senior secured term loan facility due March e) Acquisition integration costs for MDCS in the three and six months ended June 30, 2015 included $0.6 million and $2.0 million related to the TIRAD and Mold-Masters acquisitions for product line integration and other strategic alignment initiatives, respectively. In addition, APPT and Corporate s acquisition integration costs for the three and six months ended June 30, 2015 included $0.4 million and $1.2 million of one-time costs to introduce the integration and new branding of all Milacron companies, respectively. f) Professional fees incurred by Corporate in the three and six months ended June 30, 2015 included $1.7 million and $2.1 million for readiness initiatives related to our IPO, respectively. In the three months ended June 30, 2014, professional fees incurred by Corporate included $0.4 million for readiness initiatives associated with our IPO. g) Business combination costs for Corporate in the three and six months ended June 30, 2014 relate to certain professional, audit and other fees related to the acquisitions of Kortec and TIRAD. h) Other costs in APPT for the three months ended June 30, 2015 included a non-cash charge of $2.2 million related to the impairment of certain trademarks. 17
19
Morgan Stanley Global Consumer & Retail Conference. November 19, 2014
Morgan Stanley Global Consumer & Retail Conference November 19, 2014 Cautionary Statements Safe Harbor Statement This presentation contains forward-looking statements that are based on management s beliefs
More informationHILLENBRAND A GLOBAL DIVERSIFIED INDUSTRIAL COMPANY
HILLENBRAND A GLOBAL DIVERSIFIED INDUSTRIAL COMPANY PURSUING GROWTH BUILDING VALUE Hillenbrand Participants Joe Raver President and Chief Executive Officer Kristina Cerniglia Senior Vice President and
More informationPerformance Food Group Company Reports First-Quarter Fiscal 2016 Earnings
NEWS RELEASE For Immediate Release November 4, 2015 Investors: Michael D. Neese VP, Investor Relations (804) 287-8126 michael.neese@pfgc.com Media: Joe Vagi Manager, Corporate Communications (804) 484-7737
More informationMitel Q3 2015 Earnings Call Presentation. November 5, 2015
Mitel Q3 2015 Earnings Call Presentation November 5, 2015 Safe Harbor Statement Forward Looking Statements This presentation contains projections and other forward-looking statements regarding future events
More informationQ1 Fiscal Year 2016 Earnings Conference Call
NASDAQ: CMCO Q1 Fiscal Year 2016 Earnings Conference Call July 31, 2015 Timothy T. Tevens President & Chief Executive Officer Gregory P. Rustowicz Vice President - Finance & Chief Financial Officer 2015
More informationA X A L T A C O A T I N G S Y S T E M S. Q1 2016 FINANCIAL RESULTS April 28, 2016
A X A L T A C O A T I N G S Y S T E M S Q1 2016 FINANCIAL RESULTS April 28, 2016 Legal Notices Forward-Looking Statements This presentation and the oral remarks made in connection herewith may contain
More informationSecond Quarter 2015 Investor Conference Call
Second Quarter 2015 Investor Conference Call August 20, 2015 December 13, 2012 DRAFT 5 Safe Harbor Basis of Presentation Unless otherwise noted or unless the context otherwise requires, all references
More informationINTERACTIVE DATA REPORTS FOURTH-QUARTER AND FULL- YEAR 2014 RESULTS
Press Release INTERACTIVE DATA REPORTS FOURTH-QUARTER AND FULL- YEAR 2014 RESULTS New York February 12, 2015 Interactive Data Corporation today reported its financial results for the fourth quarter and
More informationITW Conference Call Third Quarter 2013
ITW Conference Call Third Quarter 2013 October 22, 2013 SOLID GROWTH. STRONG RETURNS. BEST-IN-CLASS OPERATOR. Forward-Looking Statements Safe Harbor Statement This conference call contains forward-looking
More information2015 Fourth Quarter and Full Year Results Acquisition of TransFirst
Acquisition of TransFirst January 26, 2016 2016 Total System Services, Inc. All rights reserved worldwide. > CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS This presentation contains statements that
More information1) Substantially all of these team members are employed by our franchisees. 2) ~100% of system-wide sales are franchise sales, which represent sales
This presentation contains certain forward-looking statements, which reflect management's expectations regarding future events and operating performance and speak only as of the date hereof. These forward-looking
More information4Q and FYE 2014 Results Conference Call
A global environmental technology company focused on air pollution control, energy, fluid handling and filtration industries 4Q and FYE 2014 Results Conference Call March 5, 2015 1 Safe Harbor Statement
More information617-444-3913 617-274-7130 AKAMAI REPORTS SECOND QUARTER 2015 FINANCIAL RESULTS
FOR IMMEDIATE RELEASE Contacts: Jeff Young Tom Barth Media Relations Investor Relations Akamai Technologies Akamai Technologies 617-444-3913 617-274-7130 jyoung@akamai.com tbarth@akamai.com AKAMAI REPORTS
More informationBlackBerry Reports Software and Services Growth of 106 Percent for Q4 and 113 Percent for Fiscal 2016
April 1, FOR IMMEDIATE RELEASE BlackBerry Reports Software and Services Growth of 106 Percent for Q4 and 113 Percent for Fiscal Company reports positive free cash flow for eighth consecutive quarter and
More informationCitrix Revises Outlook Due to Accelerated Share Repurchase Program
FOR IMMEDIATE RELEASE For media inquiries, contact: Eric Armstrong, Citrix Systems, Inc. (954) 267-2977 or eric.armstrong@citrix.com For investor inquiries, contact: Eduardo Fleites, Citrix Systems, Inc.
More informationVerifone Reports Results for the Second Quarter of Fiscal 2016
Verifone Reports Results for the Second Quarter of Fiscal 2016 SAN JOSE, Calif. (BUSINESS WIRE) Verifone (NYSE: PAY), a world leader in payments and commerce solutions, today announced financial results
More information1) Substantially all of these team members are employed by our franchisees. 2) 99% of system-wide sales are franchise sales, which represent sales at
This presentation contains certain forward-looking statements, which reflect management's expectations regarding future events and operating performance and speak only as of the date hereof. These forward-looking
More informationAPX GROUP HOLDINGS, INC. REPORTS FIRST QUARTER 2015 RESULTS
APX GROUP HOLDINGS, INC. REPORTS FIRST QUARTER 2015 RESULTS First Quarter 2015 Financial and Portfolio Highlights APX Group Reports Total Revenue of $149.9 Million, up 14.9% Year over Year Adjusted EBITDA
More informationASCENT. Investor Presentation March 2016 A S C E N T. March 2016 1 CAPITAL GROUP INC
ASCENT Investor Presentation March 2016 3 March 2016 1 Forward Looking Statements This presentation contains or may contain certain forward-looking statements within the meaning of the Private Securities
More informationVeritiv Corporation 2Q14 Financial Results. August 13, 2014
Veritiv Corporation 2Q14 Financial Results August 13, 2014 Safe Harbor Provision Certain statements contained in this presentation regarding Veritiv Corporation s (the Company ) future operating results,
More informationFirst Quarter 2015 Earnings Conference Call. April 28, 2015
First Quarter 2015 Earnings Conference Call April 28, 2015 Forward-looking Statements This presentation contains forward-looking statements. These forward-looking statements include statements related
More informationGoldman Sachs U.S. Financial Services Conference 2012
Goldman Sachs U.S. Financial Services Conference 2012 Steven A. Kandarian Chairman, President & Chief Executive Officer December 4, 2012 Cautionary Statement on Forward Looking Statements and Non-GAAP
More informationInvestor/Analyst Conference Call LKQ to Acquire Rhiag Group
Investor/Analyst Conference Call LKQ to Acquire Rhiag Group December 22, 2015 Rob Wagman President & Chief Executive Officer John Quinn Chief Executive Officer & Managing Director of European Operations
More informationContact: Ken Bond Deborah Hellinger Oracle Investor Relations Oracle Corporate Communications 1.650.607.0349 1.212.508.7935
For Immediate Release Contact: Ken Bond Deborah Hellinger Oracle Investor Relations Oracle Corporate Communications 1.650.607.0349 1.212.508.7935 ken.bond@oracle.com deborah.hellinger@oracle.com ORACLE
More informationSecond Quarter 2015 Earnings Conference Call
Second Quarter 2015 Earnings Conference Call NYSE: CVA JULY 22, 2015 Cautionary Statements All information included in this earnings presentation is based on continuing operations, unless otherwise noted.
More informationContact: Ken Bond Deborah Hellinger Oracle Investor Relations Oracle Corporate Communications 1.650.607.0349 1.212.508.7935
For Immediate Release Contact: Ken Bond Deborah Hellinger Oracle Investor Relations Oracle Corporate Communications 1.650.607.0349 1.212.508.7935 ken.bond@oracle.com deborah.hellinger@oracle.com ORACLE
More informationPerformance Food Group Company Reports Second-Quarter and First-Half Fiscal 2016 Results; Reaffirms Full-Year Fiscal 2016 Adjusted EBITDA Outlook
NEWS RELEASE For Immediate Release February 3, 2016 Investors: Michael D. Neese VP, Investor Relations (804) 287-8126 michael.neese@pfgc.com Media: Joe Vagi Manager, Corporate Communications (804) 484-7737
More informationContact: Ken Bond Deborah Hellinger Oracle Investor Relations Oracle Corporate Communications 1.650.607.0349 1.212.508.7935
For Immediate Release Contact: Ken Bond Deborah Hellinger Oracle Investor Relations Oracle Corporate Communications 1.650.607.0349 1.212.508.7935 ken.bond@oracle.com deborah.hellinger@oracle.com ORACLE
More informationCONE Midstream Partners LP. 1Q 2016 Earnings May 5, 2016
CONE Midstream Partners LP 1Q 2016 Earnings May 5, 2016 Disclaimer Forward Looking Statements This presentation contains forward-looking statements within the meaning of the federal securities laws. Statements
More informationINFORMATION SERVICES GROUP ANNOUNCES SECOND QUARTER FINANCIAL RESULTS
Press Contact: Barry Holt 203-517-3110 bholt@informationsg.com Investor Contact: David Berger 203-517-3104 dberger@informationsg.com INFORMATION SERVICES GROUP ANNOUNCES SECOND QUARTER FINANCIAL RESULTS
More informationB U I L D I N G N O R T H A M E R I C A N F I N T E C H L E A D E R S H I P. BMO 2013 Technology and Digital Media Conference
B U I L D I N G N O R T H A M E R I C A N F I N T E C H L E A D E R S H I P BMO 2013 Technology and Digital Media Conference Forward-Looking Statements This presentation contains certain statements that
More informationBNY Mellon Third Quarter 2015 Financial Highlights
BNY Mellon Third Quarter 205 Financial Highlights October 20, 205 Cautionary Statement A number of statements in our presentations, the accompanying slides and the responses to your questions are forward-looking
More informationebay Inc. Reports Second Quarter Results
July 16, 2014 Reports Second Quarter Results Enabled Commerce Volume Growth of 26% Revenue Growth of 13% Company Buys Back $1.7 Billion in Stock GAAP and Non-GAAP EPS Growth of 9% SAN JOSE, Calif.--(BUSINESS
More informationJefferies Healthcare Conference
Jefferies Healthcare Conference Marc Naughton Executive Vice President and Chief Financial Officer June 2, 2015 Safe Harbor Statement This presentation may contain forward-looking statements, including
More informationREPUBLIC SERVICES, INC. REPORTS THIRD QUARTER RESULTS
REPUBLIC CONTACTS Media Inquiries: Darcie Brossart (480) 718-6565 Investor Inquiries: Ed Lang (480) 627-7128 REPUBLIC SERVICES, INC. REPORTS THIRD QUARTER RESULTS Reports third quarter earnings of $0.42
More informationFortinet Reports Strong Third Quarter 2015 Financial Results. Record billings growth of 41% year over year
Press Release Investor Contact: Media Contact: Michelle Spolver Sandra Wheatley Fortinet, Inc. Fortinet, Inc. 408-486-7837 408-391-9408 mspolver@fortinet.com swheatley@fortinet.com Fortinet Reports Strong
More informationBarracuda Networks, Inc. NYSE: CUDA. February 2014
Barracuda Networks, Inc. NYSE: CUDA February 2014 Safe Harbor This presentation and the accompanying oral presentation contain forward-looking statements that are based on our management s beliefs and
More informationFourth Quarter 2015 Conference Call
Fourth Quarter 2015 Conference Call E. Scott Santi, Chairman & CEO Michael M. Larsen, Senior Vice President & CFO Aaron H. Hoffman, Vice President, Investor Relations January 27, 2016 Forward Looking Statements
More information2011 Annual Stockholder Meeting October 12, 2011
2011 Annual Stockholder Meeting October 12, 2011 Jeff Henley Chairman of the Board Safe Harbor Statement Statements in this presentation relating to Oracle's or its Board of Directors
More informationContact: Ken Bond Karen Tillman Oracle Investor Relations Oracle Corporate Communications 1.650.607.0349 1.650.607.0326
For Immediate Release Contact: Ken Bond Karen Tillman Oracle Investor Relations Oracle Corporate Communications 1.650.607.0349 1.650.607.0326 ken.bond@oracle.com karen.tillman@oracle.com ORACLE REPORTS
More information650-527-5152 650-527-6273 SYMANTEC REPORTS FIRST QUARTER FISCAL YEAR 2016 RESULTS
FOR IMMEDIATE RELEASE MEDIA CONTACT: INVESTOR CONTACT: Kristen Batch Sean Hazlett Symantec Corp. Symantec Corp. 650-527-5152 650-527-6273 kristen_batch@symantec.com sean_hazlett@symantec.com SYMANTEC REPORTS
More informationFull-year results 2014. December 02, 2014
Full-year results 2014 December 02, 2014 Disclaimer Stabilus S.A. (the Company, later Stabilus ) has prepared this presentation solely for your information. It should not be treated as giving investment
More informationHP Inc. Reports Hewlett-Packard Company Fiscal 2015 Full-Year and Fourth Quarter Results
HP Inc. 1501 Page Mill Road Palo Alto, CA 94304 hp.com News Release HP Inc. Reports Hewlett-Packard Company Fiscal 2015 Full-Year and Fourth Quarter Results Editorial contacts HP Inc. Media Relations MediaRelations@hp.com
More informationAmerican International Group, Inc.
Financial Supplement Fourth Quarter 2013 All financial information in this document is unaudited. This report should be read in conjunction with AIG s Annual Report on Form 10-K for the year ended December
More informationContact: Ken Bond Deborah Hellinger Oracle Investor Relations Oracle Corporate Communications 1.650.607.0349 1.212.508.7935
For Immediate Release Contact: Ken Bond Deborah Hellinger Oracle Investor Relations Oracle Corporate Communications 1.650.607.0349 1.212.508.7935 ken.bond@oracle.com deborah.hellinger@oracle.com ORACLE
More information2014 Wells Fargo Healthcare Conference June 17, 2014 NYSE: Q
2014 Wells Fargo Healthcare Conference June 17, 2014 NYSE: Q Copyright 2013 Quintiles Forward Looking Statements and Use of Non-GAAP Financial Measures This presentation contains forward-looking statements
More information2012 Southwest IDEAS Investor Conference
2012 Southwest IDEAS Investor Conference November 14, 2012 This presentation contains statements which constitute forward-looking statements, within the meaning of the Private Securities Litigation Reform
More informationFOR IMMEDIATE RELEASE
FOR IMMEDIATE RELEASE O-I REPORTS FULL YEAR AND FOURTH QUARTER 2014 RESULTS O-I generates second highest free cash flow in the Company s history PERRYSBURG, Ohio (February 2, 2015) Owens-Illinois, Inc.
More informationRegal Beloit s acquisition of A.O. Smith s Electrical Products Company A Strategically Important Acquisition
Regal Beloit s acquisition of A.O. Smith s Electrical Products Company A Strategically Important Acquisition Henry Knueppel Chairman Chief Executive Officer Mark J. Gliebe President Chief Operating Officer
More informationThird Quarter 2015 Financial Highlights:
DISCOVERY COMMUNICATIONS REPORTS THIRD QUARTER 2015 RESULTS, INCREASES BUYBACK AUTHORIZATION BY $2 BILLION AND ANNOUNCES RESUMPTION OF SHARE REPURCHASES BEGINNING IN FOURTH QUARTER 2015 Third Quarter 2015
More informationZayo Group Holdings, Inc. Reports Financial Results for the Third Fiscal Quarter Ended March 31, 2016
Zayo Group Holdings, Inc. Reports Financial Results for the Third Fiscal Quarter Ended March 31, 2016 Third Fiscal Quarter 2016 Financial Highlights $478.0 million of consolidated revenue, including $96.1
More informationAmerican International Group, Inc.
Financial Supplement First Quarter 2012 This report should be read in conjunction with AIG s Report on Form 10-Q for the quarter ended March 31, 2012 filed with the Securities and Exchange Commission.
More informationWealth Management and Securities Services
U.S. Bancorp Investor Day Wealth Management and Securities Services Terry Dolan Vice Chairman September 12, 2013 # Forward-looking Statements and Additional Information The following information appears
More informationContact: Marcel Goldstein CSC PRESS RELEASE Corporate Public Relations August 6, 2013 CSC 703-641-3271 mgoldstein@csc.com
Contact: Marcel Goldstein CSC PRESS RELEASE Corporate Public Relations August 6, 2013 CSC 703-641-3271 mgoldstein@csc.com Steve Virostek Investor Relations CSC 703-641-3000 investorrelations@csc.com CSC
More informationCorel Corporation Reports Fourth Quarter and Fiscal Year End 2006 Results
For Immediate Release Corel Corporation Reports Fourth Quarter and Fiscal Year End 2006 Results Ottawa, Canada January 18, 2007 Corel Corporation (NASDAQ:CREL; TSX:CRE) today reported financial results
More informationBats Reports First Quarter Adjusted Earnings Growth of 77%
Bats Reports First Quarter Adjusted Earnings Growth of 77% Sets Records for Net Revenue, Adjusted Earnings Announces Quarterly Cash Dividend of $0.08 per share KANSAS CITY May 5, 2016 Bats Global Markets,
More informationYear Ended December 31, 2011
Cigna Reports Full Results Projects Strong Business Growth for 2012 BLOOMFIELD, Conn., February 02, 2012 - Cigna Corporation (NYSE: CI) today reported fourth quarter and full year results that included
More informationMonster Worldwide Reports Third Quarter 2015 Results
Monster Worldwide Reports Third Quarter 2015 Results Third Quarter Financial Highlights: o Company Exceeds Expectations on All Profitability Metrics For the 5th Consecutive Quarter Adjusted EBITDA Including
More informationSTANLEY BLACK & DECKER. Don Allan Senior Vice President & CFO Raymond James 36th Annual Institutional Investors Conference Monday, March 2, 2015
STANLEY BLACK & DECKER Don Allan Senior Vice President & CFO Monday, March 2, 2015 Cautionary Statements This presentation contains forward-looking statements, that is, statements that address future,
More informationJ.P. Morgan 2016 Healthcare Conference CEO. January 12, 2016 NYSE: Q. Copyright 2016 Quintiles
J.P. Morgan 2016 Healthcare Conference Tom Pike CEO January 12, 2016 Copyright 2016 Quintiles NYSE: Q Forward Looking Statements and Use of Non-GAAP Financial Measures This presentation contains forward-looking
More informationACI Worldwide, Inc. Reports Financial Results for the Quarter Ended March 31, 2014
News Release ACI Worldwide, Inc. Reports Financial Results for the Quarter Ended March 31, 2014 HIGHLIGHTS SNET bookings of $122 million, up 59% from Q1 last year Recurring revenue up 57% from last year,
More informationThree Months Ended September 30, 2012. November 6, 2012
Q3 2012 Earnings Presentation Three Months Ended September 30, 2012 November 6, 2012 Forward Looking Statements Any statements in this presentation that are not historical or current facts are forward-looking
More informationFirst Quarter 2016 Conference Call
Conference Call E. Scott Santi, Chairman & CEO Michael M. Larsen, Senior Vice President & CFO Aaron H. Hoffman, Vice President, Investor Relations April 20, Forward Looking Statement Safe Harbor Statement
More informationQ1 2012 Earnings Presentation
Q1 2012 Earnings Presentation Three Months Ended March 31, 2012 May 15, 2012 Forward Looking Statements Any statements in this presentation that are not historical or current facts are forward-looking
More informationCOMPANY CONTACTS: Jay S. Hennick Founder & CEO. D. Scott Patterson President & COO (416) 960-9500
COMPANY CONTACTS: Jay S. Hennick Founder & CEO D. Scott Patterson President & COO John B. Friedrichsen Senior Vice President & CFO (416) 960-9500 FOR IMMEDIATE RELEASE FirstService Reports Record Fourth
More informationRegal Beloit Corporation Third Quarter 2014 Earnings Conference Call
Regal Beloit Corporation Third Quarter 2014 Earnings Conference Call November 4, 2014 Mark Gliebe Chairman and Chief Executive Officer Jon Schlemmer Chief Operating Officer Chuck Hinrichs Vice President
More informationWindstream Investor Call Announcement of Acquisition of PAETEC
Windstream Investor Call Announcement of Acquisition of PAETEC August 1, 2011 Safe Harbor Statement Safe Harbor Statement Windstream claims the protection of the safe-harbor for forward-looking statements
More informationSapiens results in the first quarter represent a solid start to achieving our financial targets for the full year.
Sapiens Reports 12% Year-Over-Year Increase in Quarterly Revenue to $41 Million Non-GAAP Quarterly Operating Profit Increased by 58.5% Year-Over-Year Holon, Israel, May 6, 2015 Sapiens International Corporation,
More informationHow To Profit From A Strong Dollar
For Immediate Release MERCER INTERNATIONAL INC. REPORTS STRONG 2015 THIRD QUARTER RESULTS ANNOUNCES QUARTERLY CASH DIVIDEND OF $0.115 NEW YORK, NY, October 29, 2015 - Mercer International Inc. (Nasdaq:
More informationRegal Beloit Corporation Second Quarter 2014 Earnings Conference Call
Regal Beloit Corporation Second Quarter 2014 Earnings Conference Call July 30, 2014 Mark Gliebe Chairman and Chief Executive Officer Jon Schlemmer Chief Operating Officer Chuck Hinrichs Vice President
More informationOrganic Growth and Strategic Acquisitions. Delivered record 66 million of validated cost savings to our customers
2014 Preliminary Results For the year ended 31 December 2014 Organic Growth and Strategic Acquisitions Delivered record 66 million of validated cost savings to our customers Agenda Overview Financial highlights
More informationCredit Suisse Global Services Conference. March 10, 2014
Credit Suisse Global Services Conference March 10, 2014 Forward-Looking Statements This presentation includes forward-looking statements as that term is defined in the Private Securities Litigation Reform
More informationQ3 2013 Financial Highlights. October 16, 2013
October 16, 2013 This presentation contains non-gaap measures relating to the company's performance. You can find the reconciliation of these measures to the nearest comparable GAAP measures in the appendix
More informationCorporate Update March 2012
Corporate Update March 2012 Forward-Looking Statements This presentation includes forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward
More informationAPX GROUP HOLDINGS, INC. REPORTS FIRST QUARTER 2014 FINANCIAL RESULTS
APX GROUP HOLDINGS, INC. REPORTS FIRST QUARTER 2014 FINANCIAL RESULTS 1st Quarter Financial Highlights Total revenues of $130.2 million for the first quarter 2014, an increase of 21.8%, compared to $106.9
More informationCOTT ANNOUNCES FIRST QUARTER 2012 RESULTS AND SHARE REPURCHASE PROGRAM FOR UP TO $35 MILLION IN COMMON SHARES
CONTACT: Michael C. Massi Investor Relations Tel: (813) 313-1786 Investor.relations@cott.com COTT ANNOUNCES FIRST QUARTER 2012 RESULTS AND SHARE REPURCHASE PROGRAM FOR UP TO $35 MILLION IN COMMON SHARES
More informationQ3 Fiscal Year 2015 Earnings Conference Call
NASDAQ: CMCO Q3 Fiscal Year 2015 Earnings Conference Call January 29, 2015 Timothy T. Tevens President & Chief Executive Officer Gregory P. Rustowicz Vice President - Finance & Chief Financial Officer
More informationContact Christopher Mecray D +1 215 255 7970 Christopher.Mecray@axaltacs.com
Axalta Coating Systems 2001 Market Street Suite 3600 Philadelphia, PA 19103 USA Contact Christopher Mecray D +1 215 255 7970 Christopher.Mecray@axaltacs.com For Immediate Release Axalta Releases Second
More informationSAF-HOLLAND Annual Financial Statements 2012. Detlef Borghardt, CEO Wilfried Trepels, CFO. March 14, 2013
SAF-HOLLAND Annual Financial Statements 212 Detlef Borghardt, CEO Wilfried Trepels, CFO March 14, 213 Executive Summary business volume successfully expanded in 212 1 Group sales increased yoy by 3.4%
More informationDelphi Reports Third Quarter 2015 Financial Results
Delphi Reports Third Quarter 2015 Financial Results GILLINGHAM, England - Delphi Automotive PLC (NYSE: DLPH), a leading global vehicle components manufacturer, today reported third quarter 2015 U.S. GAAP
More informationFIRST QUARTER 2015 CONFERENCE CALL AND WEBCAST WWW.3DSYSTEMS.COM NYSE:DDD
FIRST QUARTER 2015 CONFERENCE CALL AND WEBCAST WWW.3DSYSTEMS.COM NYSE:DDD PRESENTERS Stacey Witten Vice President, Investor Relations Avi Reichental President & Chief Executive Officer Ted Hull Executive
More informationFY15 Supplemental Information January 5, 2016
FY15 Supplemental Information January 5, 2016 Safe Harbor This document contains certain forward-looking statements. These statements are based on the company s current expectations as to the outcome and
More informationWaste Management Announces Second Quarter Earnings
FOR IMMEDIATE RELEASE Waste Management Announces Second Quarter Earnings Collection and Disposal Income from Operations Grows 3.4% HOUSTON July 26, 2012 Waste Management, Inc. (NYSE: WM) today announced
More information4Q15 Earnings February 2016
4Q15 Earnings February 2016 Forward-Looking Statements The statements contained in this presentation that refer to plans and expectations for the next quarter, the full year or the future are forward-looking
More informationJGWPT Holdings Inc. Reports Third Quarter Financial Results
JGWPT Holdings Inc. Reports Third Quarter Financial Results 12.20.13 RADNOR, Pa.--(BUSINESS WIRE)-- JGWPT Holdings Inc. ( JGWPT or the Company ) (NYSE:JGW), a leading purchaser of structured settlement
More information(incorporated in the Cayman Islands with limited liability) (Stock Code: 1128 and Debt Stock Code: 5983) INSIDE INFORMATION
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness
More informationN E W S R E L E A S E
N E W S R E L E A S E FOR IMMEDIATE RELEASE Contact: Steven E. Nielsen, President and CEO H. Andrew DeFerrari, Senior Vice President and CFO (561) 627-7171 DYCOM INDUSTRIES, INC. ANNOUNCES FISCAL 2016
More informationTower International Reports Solid Third Quarter And Raises Full Year Outlook
FOR IMMEDIATE RELEASE Tower International Reports Solid Third Quarter And Raises Full Year Outlook LIVONIA, Mich., November 3, 2011 Tower International, Inc. [NYSE: TOWR], a leading integrated global manufacturer
More informationFinancial Translation. Pierre Courduroux Senior Vice President and Chief Financial Officer
Financial Translation Pierre Courduroux Senior Vice President and Chief Financial Officer Forward-Looking Statements Certain statements contained in this presentation are forward-looking statements, such
More informationNOMAD FOODS LIMITED ANNOUNCES FINANCIAL RESULTS FOR THE THREE MONTHS ENDED MARCH 31, 2016
NOMAD FOODS LIMITED ANNOUNCES FINANCIAL RESULTS FOR THE THREE MONTHS ENDED MARCH 31, 2016 FELTHAM, United Kingdom, May 25, 2016 /PRNewswire/ Nomad Foods Limited ( Nomad or the Company ) (NYSE: NOMD), today
More informationPostmedia Network Canada Corp. Q3 F2015 Investor and Analyst Conference Call July 9, 2015
Postmedia Network Canada Corp. Q3 F2015 Investor and Analyst Conference Call July 9, 2015 Forward Looking Statements This presentation may include certain information that is forward-looking information
More informationNATIONSTAR REPORTS FIRST QUARTER 2014 FINANCIAL RESULTS & STRATEGIC ACQUISITION
Contact: Marshall Murphy (469) 549-3005 FOR IMMEDIATE RELEASE NATIONSTAR REPORTS FIRST QUARTER 2014 FINANCIAL RESULTS & STRATEGIC ACQUISITION GAAP EPS of $0.27 Pro forma EPS of $0.53, including impact
More informationDOLLARAMA REPORTS STRONG SALES AND NET EARNINGS INCREASES TO CLOSE FISCAL YEAR 2011
For immediate distribution DOLLARAMA REPORTS STRONG SALES AND NET EARNINGS INCREASES TO CLOSE FISCAL YEAR 2011 MONTREAL, Quebec, April 7, 2011 Dollarama Inc. (TSX: DOL) ( Dollarama or the Corporation )
More informationGAIN Capital to Acquire City Index
GAIN Capital to Acquire City Index Creating a Global Leader in Online Trading October 31, 2014 Safe Harbor Statement Forward Looking Statements The forward-looking statements contained herein include,
More informationDST SYSTEMS, INC. ANNOUNCES THIRD QUARTER 2015 FINANCIAL RESULTS
ANNOUNCES THIRD QUARTER 2015 FINANCIAL RESULTS KANSAS CITY, MO - October 22, 2015 DST Systems, Inc. (NYSE: DST) reported consolidated net income of $75.1 million ($2.08 per diluted share) for the third
More informationThird quarter results FY2015. August 17, 2015
Third quarter results FY2015 August 17, 2015 Disclaimer Stabilus S.A. (the Company, later Stabilus ) has prepared this presentation solely for your information. It should not be treated as giving investment
More informationBlackBerry Reports Record Software and Services Revenue for Q1 Fiscal 2017
June 23, 2016 FOR IMMEDIATE RELEASE BlackBerry Reports Record Software and Services Revenue for Q1 Fiscal 2017 Company delivers positive non-gaap operating income and breakeven non-gaap EPS Waterloo, ON
More informationBlackBerry Reports 2015 Fiscal First Quarter GAAP Profitability
NEWS RELEASE FOR IMMEDIATE RELEASE June 19, BlackBerry Reports 2015 Fiscal First Quarter GAAP Profitability Waterloo, ON BlackBerry Limited (NASDAQ: BBRY; TSX: BB), a global leader in mobile communications,
More informationInvestor Presentation Q3 2014
Investor Presentation Q3 2014 Disclaimers Related to forward-looking statements This presentation may contain forward-looking statements that involve risks, uncertainties and other factors concerning,
More informationZynga Q1 14 Financial Results April 23, 2014
Zynga Q1 14 Financial Results April 23, 2014 1 Table of Contents Discussion of Q1 14 Performance Q2 14 and FY2014 Financial Outlook GAAP to Non-GAAP Reconciliation 2 Management Team Don Mattrick Chief
More information