- Molson Coors reported a 1.9% increase in Q2 revenue but a 2.6% decline in financial volume. Underlying EBITDA declined 2.4% to $774 million due to challenges in the US and Canada markets.
- The company is focused on premiumization and growing its above premium and craft brands. It aims to accelerate top-line growth through commercial excellence initiatives while continuing its cost savings program.
- Molson Coors reaffirmed its 2018 guidance and is committed to debt paydown and maximizing cash flow to strengthen its balance sheet. It plans to reward shareholders with capital returns once leverage targets are achieved.
May 2 2018 q earnings 05012018 compressed v2molsoncoorsir
Molson Coors reported lower net sales and underlying EBITDA in Q1 2018 compared to Q1 2017. The results were impacted by distributor inventory destocking in the US, overall softness in the US beer industry, and cycling a prior year tax benefit in Europe. Guidance for 2018 remains unchanged, including targets for cost savings and free cash flow. The presentation focuses on growing brands across segments, driving premiumization, and realizing further synergies and cost efficiencies.
The document provides information on Molson Coors' 4th quarter and full year 2017 earnings. It discusses forward-looking statements and non-GAAP information. It then discusses Molson Coors' focus on delivering growth and shareholder value through earning more, using less, and investing wisely. The document summarizes Molson Coors' consolidated 4th quarter and full year 2017 performance, noting solid top and bottom line growth. It then provides more detailed summaries of Molson Coors' performance in key regions - the United States, Canada, and Europe - noting trends in volumes, pricing, and earnings for both the 4th quarter and full year of 2017.
Masco Corporation reported financial results for the fourth quarter and full year of 2015. Total company sales increased 6% in the fourth quarter excluding foreign currency effects. North American sales increased 5% while international sales grew 4% locally. For the full year, adjusted operating profit increased 21% to $927 million and adjusted earnings per share increased 35% to $1.19 due to continued execution of strategic initiatives, sales growth, operating leverage and cost reductions.
Mark Hunter, President and CEO of Molson Coors Brewing Company, discussed the company's strategic focus and growth priorities. Molson Coors aims to drive top-line and bottom-line growth through initiatives to earn more revenue and use fewer resources. These include energizing brands, expanding the portfolio, building customer partnerships, driving synergies and cost savings, and investing wisely. Tracey Joubert, CFO, then reviewed Molson Coors' financial profile and targets, including steadily increasing underlying EBITDA and EBITDA margins over the medium term.
UGI Utilities is Pennsylvania's second largest natural gas distribution company serving over 626,000 customers. It has a constructive regulatory environment and opportunities for growth supported by its proximity to the Marcellus Shale reserves. UGI Utilities achieved record capital investment in 2016 of over $260 million and added approximately 16,000 new customers. It expects to continue strong capital investment to increase system reliability and support growth, growing its rate base and net income 5-7% annually.
This document contains forward-looking statements about Tyson Foods' expected performance. It cautions readers that actual results may differ due to various risks and uncertainties. These risks include changes in general economic conditions, fluctuations in input and raw material costs, market conditions for finished products, successful business rationalization efforts, risks associated with commodity purchasing, access to foreign markets, outbreaks of livestock disease, availability and costs of labor and contract growers, issues related to food safety and recalls, changes in consumer preferences, loss of large customers, adverse litigation results, impacts of natural disasters and other factors. The document provides this disclaimer to avoid liability for forward-looking statements that may not come to pass.
Sunoco LP provided an investor presentation that included the following key points:
1. The presentation included forward-looking statements and non-GAAP financial measures with required reconciliations.
2. Sunoco executed a business transformation that divested retail sites and refinanced debt to improve its financial profile and leverage targets.
3. Going forward, Sunoco expects a lean cost structure from its fuel distribution business with stable income streams from fuel sales and rental income. It aims to grow through organic expansion and acquisitions while maintaining disciplined financial policies.
UGI reported record fiscal year 2016 earnings despite warm weather. Earnings were driven by contributions from growth initiatives and acquisitions. Looking ahead, UGI expects continued earnings growth of 16% in fiscal year 2017 from ongoing organic growth, strategic investments, and a return to more normal weather. UGI is well positioned for further growth with a strong balance sheet and cash flows.
May 2 2018 q earnings 05012018 compressed v2molsoncoorsir
Molson Coors reported lower net sales and underlying EBITDA in Q1 2018 compared to Q1 2017. The results were impacted by distributor inventory destocking in the US, overall softness in the US beer industry, and cycling a prior year tax benefit in Europe. Guidance for 2018 remains unchanged, including targets for cost savings and free cash flow. The presentation focuses on growing brands across segments, driving premiumization, and realizing further synergies and cost efficiencies.
The document provides information on Molson Coors' 4th quarter and full year 2017 earnings. It discusses forward-looking statements and non-GAAP information. It then discusses Molson Coors' focus on delivering growth and shareholder value through earning more, using less, and investing wisely. The document summarizes Molson Coors' consolidated 4th quarter and full year 2017 performance, noting solid top and bottom line growth. It then provides more detailed summaries of Molson Coors' performance in key regions - the United States, Canada, and Europe - noting trends in volumes, pricing, and earnings for both the 4th quarter and full year of 2017.
Masco Corporation reported financial results for the fourth quarter and full year of 2015. Total company sales increased 6% in the fourth quarter excluding foreign currency effects. North American sales increased 5% while international sales grew 4% locally. For the full year, adjusted operating profit increased 21% to $927 million and adjusted earnings per share increased 35% to $1.19 due to continued execution of strategic initiatives, sales growth, operating leverage and cost reductions.
Mark Hunter, President and CEO of Molson Coors Brewing Company, discussed the company's strategic focus and growth priorities. Molson Coors aims to drive top-line and bottom-line growth through initiatives to earn more revenue and use fewer resources. These include energizing brands, expanding the portfolio, building customer partnerships, driving synergies and cost savings, and investing wisely. Tracey Joubert, CFO, then reviewed Molson Coors' financial profile and targets, including steadily increasing underlying EBITDA and EBITDA margins over the medium term.
UGI Utilities is Pennsylvania's second largest natural gas distribution company serving over 626,000 customers. It has a constructive regulatory environment and opportunities for growth supported by its proximity to the Marcellus Shale reserves. UGI Utilities achieved record capital investment in 2016 of over $260 million and added approximately 16,000 new customers. It expects to continue strong capital investment to increase system reliability and support growth, growing its rate base and net income 5-7% annually.
This document contains forward-looking statements about Tyson Foods' expected performance. It cautions readers that actual results may differ due to various risks and uncertainties. These risks include changes in general economic conditions, fluctuations in input and raw material costs, market conditions for finished products, successful business rationalization efforts, risks associated with commodity purchasing, access to foreign markets, outbreaks of livestock disease, availability and costs of labor and contract growers, issues related to food safety and recalls, changes in consumer preferences, loss of large customers, adverse litigation results, impacts of natural disasters and other factors. The document provides this disclaimer to avoid liability for forward-looking statements that may not come to pass.
Sunoco LP provided an investor presentation that included the following key points:
1. The presentation included forward-looking statements and non-GAAP financial measures with required reconciliations.
2. Sunoco executed a business transformation that divested retail sites and refinanced debt to improve its financial profile and leverage targets.
3. Going forward, Sunoco expects a lean cost structure from its fuel distribution business with stable income streams from fuel sales and rental income. It aims to grow through organic expansion and acquisitions while maintaining disciplined financial policies.
UGI reported record fiscal year 2016 earnings despite warm weather. Earnings were driven by contributions from growth initiatives and acquisitions. Looking ahead, UGI expects continued earnings growth of 16% in fiscal year 2017 from ongoing organic growth, strategic investments, and a return to more normal weather. UGI is well positioned for further growth with a strong balance sheet and cash flows.
1) Masonite reported strong growth in 1Q16 with net sales increasing 13% to $489.3 million and adjusted EBITDA growing 54% to $58.2 million.
2) All three of Masonite's reporting segments - North American Residential, Europe, and Architectural - experienced adjusted EBITDA growth in 1Q16 and double digit increases in net sales.
3) The improved results were driven by a stronger housing market in North America and solid execution across Masonite's business segments.
Vmc Investor Day Management Presentation 2015VulcanMaterials
The document provides an overview of Vulcan Materials' investor day presentation on February 25, 2015. It begins with introductory remarks and a safe harbor statement. The presentation then focuses on Vulcan's core values of safety, health, environmental leadership and respect. It reviews Vulcan's performance during the decline, turnaround and early recovery stages of the construction cycle. The presentation outlines Vulcan's goals of achieving $2 billion in EBITDA and over 255 million tons of aggregates shipments at normal demand levels. It identifies key drivers to reach these goals including volume growth, pricing increases, operating efficiency, sales and production mix improvements and reducing selling, administrative and general expenses. The presentation emphasizes Vulcan's focus on execution through sales
This document is the transcript from Rockwell Collins' 2nd Quarter FY 2016 conference call on April 21, 2016. It includes:
- Rockwell Collins reported a 2% decrease in sales and a 6% increase in income from continuing operations for the 2nd quarter of FY 2016 compared to the same period the previous year.
- Their commercial systems segment saw a 1% decrease in sales primarily due to lower OEM production rates, while their government systems segment saw a 5% decrease in sales due to lower program volumes.
- Their guidance for FY 2016 forecasts total sales between $5.3-5.4 billion, earnings per share between $5.45-5.65, and
20180509 sauc q1 2018 teleconference slides finaldrhincorporated
- Sales were $39.5 million in Q1 2018, down 10.8% from Q1 2017 due to reduced traffic from changes in promotional strategies and calendar shifts.
- Adjusted EBITDA was $5.1 million, or 12.9% of sales, in Q1 2018. Restaurant-level EBITDA was $6.9 million, or 17.4% of sales.
- Favorable commodity costs and reduced G&A expenses helped offset the impact of lower sales on profitability. The company generated $3.2 million in free cash flow for the quarter.
ClubCorp delivered strong first quarter 2016 results, with record revenue and adjusted EBITDA. Same-store revenue grew 4.0% year-over-year, while adjusted EBITDA increased 7.4%. Approximately 51% of members were enrolled in the O.N.E membership program or similar offerings. In the first quarter, ClubCorp acquired two new golf and country clubs and has 18 reinvention projects planned for 2016. The company continues to execute on its three-pronged growth strategy of organic growth, reinvention, and acquisitions.
Ameri gas wells-fargo_december_2017_vfinalAmeriGas
The document is a presentation by AmeriGas Partners about its business. It discusses AmeriGas' position as the largest propane distributor in the US, with over 1.8 million customers. It highlights key aspects of AmeriGas' business such as its competitive advantages, growth accomplishments, technology investments, and financial objectives. AmeriGas aims for 3-4% annual EBITDA growth through programs like national accounts and acquisitions, while maintaining its distribution growth and coverage ratios.
RioCan Investor Presentation for the second quarter of 2015. The presentation discusses RioCan's portfolio of retail properties in Canada and the US, key financial highlights from Q2 2015, and an overview of non-GAAP financial measures used by RioCan to assess performance. RioCan also notes it has engaged advisors to conduct a strategic review of its US operations and will update the market on options in late 2015 or early 2016.
Masonite presented its 2015 Fourth Quarter Earnings. Key highlights included:
- Housing starts in the US grew 10.8% in 2015 while single family starts rose 10.4%, however single family declines in Canada offset some gains.
- Masonite's financial results improved due to strategy execution, with gross profit growth of 32% and adjusted EBITDA growth of 49% in 2015.
- Initiatives focused on expanding product offerings and consideration, including most new products introduced in nine years and transitioning to Masonite branded doors at Lowe's.
The document discusses changes to Masonite's segment reporting structure following the deconsolidation of its South Africa business and sale of its door business in France. The new reporting structure will have three segments:
1) North American Residential
2) Europe
3) Architectural
Corporate & Other will include unallocated costs and immaterial businesses. Historical financial data from 2014-2015 is provided for the new segments and a reconciliation of Adjusted EBITDA to net income is included in an appendix.
- WestRock reported financial results for Q4 FY17 and provided guidance for Q1 FY18.
- For Q4 FY17, adjusted earnings per share were $0.87 and adjusted free cash flow was $271 million.
- Guidance for Q1 FY18 expects impacts such as $30-35 million negative impact from price/mix/pulp and volumes and $35 million negative impact from maintenance downtime and group insurance benefits, resulting in anticipated sequential declines in earnings per share.
The second quarter results presentation covered AmeriGas's performance in the fiscal year 2017 second quarter. Key points included:
- The quarter was warmer than normal and last year, leading to a 6% decline in retail propane volume sold. However, unit margins increased 2% despite higher propane costs.
- Adjusted EBITDA was $271.2 million, down 8% from the prior year second quarter.
- Growth initiatives such as cylinder exchange and national accounts saw increased volume, and the company expects to complete 3 acquisitions in the coming months.
- AmeriGas refinanced its long term debt, reducing interest rates and extending maturities with no significant debt due until 2024.
North American residential segment net sales increased 14% to $348.2 million and adjusted EBITDA increased 19% to $55.7 million in 2Q16. The Europe segment net sales increased 7% to $82.2 million and adjusted EBITDA increased 59% to $12.8 million. Architectural segment net sales increased 2% to $77.6 million but adjusted EBITDA decreased 6% to $7.7 million. Overall, Masonite's consolidated net sales increased 8% to $514 million and adjusted EBITDA increased 16% to $68.5 million in 2Q16.
- The company reported strong second quarter 2017 results, with revenue growth of 7% and adjusted EPS growth of 8%.
- Based on first half performance, the company is raising its full-year revenue and adjusted EPS guidance.
- The results were driven by robust growth in North America and China for commercial and residential HVAC products. Industrial performance was steady with continued improvements expected.
- The company continues its strategy of operational excellence to drive margin expansion, while reinvesting in the business and returning capital to shareholders through dividends and share repurchases.
This document provides an investor presentation for Fiesta Restaurant Group. It discusses Fiesta's two brands, Pollo Tropical and Taco Cabana, and provides strategic, operational, and financial overviews. Key points include plans to separate the two brands into independent companies by 2017 or 2018, long-term targets of 10-12% revenue growth, 2-3% comparable sales growth, and 8-10% unit growth. Financial summaries show the company has accelerated growth since 2012, with over 30% annual unit growth and rising adjusted EPS and margins.
Masco Corporation held its 7th Annual Global Industrials and Materials Summit on June 8, 2016. John Sznewajs, Masco's CFO, discussed the company's transformation initiatives, outlook, and strategies for growth. Key points include:
- Masco has implemented a new management team and business model focused on operational excellence, portfolio management, and capital allocation. This has created a less cyclical business.
- The transformation has delivered stable revenues and strong profitability growth. Masco is positioned to continue outperforming through strategies leveraging its leading brands.
- Masco expects to generate over $2 billion in free cash flow over the next three years, allowing for investment, debt pay
Sem group investor presentation post 4Q and FY 2016 earnings finalSemGroupCorporation
This document discusses SemGroup's non-GAAP financial measure of Adjusted EBITDA and provides context around its use. It notes that Adjusted EBITDA excludes certain non-cash and other selected items in order to increase comparability between reporting periods. It also contains forward-looking statements regarding SemGroup's expectations for future financial performance and growth opportunities.
This document provides an overview of Thor Industries, Inc., a leading manufacturer of recreational vehicles. It discusses Thor's history, leadership position in the RV industry, financial performance, competitive advantages, and outlook. Key points include Thor being the largest RV manufacturer in North America, with a diverse product portfolio and decentralized operating structure. The presentation also notes trends in the recovering RV market and consumer demand. Forward-looking statements are made regarding future growth opportunities and maintaining a balanced approach.
Ryerson provided a quarterly financial presentation highlighting their Q1 2019 results. Key highlights included net sales increasing 31% year-over-year to $1.2 billion, adjusted EBITDA excluding LIFO of $63 million, and diluted adjusted earnings per share of $0.79. Management noted stable demand across most end markets and market share gains contributed to strong earnings. Ryerson also has significant liquidity to fund strategic investments and operations going forward as they work towards achieving their long term financial targets.
Sysco Corporation provided a three-year financial plan for fiscal years 2018 through 2020. Key targets include:
- Total case growth of 3.0-3.5% annually
- Sales growth of 4.0-4.5% annually
- Gross profit growth of 4.0% annually
- Operating income growth of 9.0% annually
- EPS growth of 4.0-4.5% annually, improving to 12-16% growth post-tax reform
Sysco expects to achieve these targets through a focus on four strategic priorities: local customers, customer experience, supply chain optimization, and talent development. The company also expects to achieve an adjusted operating leverage gap of approximately 1
Nielsen reported first quarter 2016 results with the following highlights:
- Revenue increased 5.2% to $1.5 billion driven by growth in both Watch and Buy segments.
- Adjusted EBITDA increased 7.2% to $402 million and margins expanded.
- Adjusted net income per share increased 10.9% to $0.51.
- The company reiterated full year 2016 guidance for revenue growth and adjusted EBITDA margin expansion.
This presentation discusses Molson Coors' strategic framework and priorities. It summarizes that Molson Coors aims to drive sustainable growth and long-term shareholder returns through brand-led profit growth, cash generation, and disciplined capital allocation with a focus on profit after capital charge. Key priorities for 2017 include integrating the MillerCoors acquisition, achieving cost savings, paying down debt, and delivering top- and bottom-line performance.
- WestRock reported Q3 2017 results with adjusted earnings per share of $0.74 and adjusted free cash flow of $473 million.
- They achieved $94 million in productivity initiatives and expect a synergy and performance improvement run-rate of $825 million by the end of Q4 2017.
- Guidance for fiscal year 2017 includes reaffirming adjusted free cash flow of $1.2 billion and estimating capital expenditures of $750 million.
1) Masonite reported strong growth in 1Q16 with net sales increasing 13% to $489.3 million and adjusted EBITDA growing 54% to $58.2 million.
2) All three of Masonite's reporting segments - North American Residential, Europe, and Architectural - experienced adjusted EBITDA growth in 1Q16 and double digit increases in net sales.
3) The improved results were driven by a stronger housing market in North America and solid execution across Masonite's business segments.
Vmc Investor Day Management Presentation 2015VulcanMaterials
The document provides an overview of Vulcan Materials' investor day presentation on February 25, 2015. It begins with introductory remarks and a safe harbor statement. The presentation then focuses on Vulcan's core values of safety, health, environmental leadership and respect. It reviews Vulcan's performance during the decline, turnaround and early recovery stages of the construction cycle. The presentation outlines Vulcan's goals of achieving $2 billion in EBITDA and over 255 million tons of aggregates shipments at normal demand levels. It identifies key drivers to reach these goals including volume growth, pricing increases, operating efficiency, sales and production mix improvements and reducing selling, administrative and general expenses. The presentation emphasizes Vulcan's focus on execution through sales
This document is the transcript from Rockwell Collins' 2nd Quarter FY 2016 conference call on April 21, 2016. It includes:
- Rockwell Collins reported a 2% decrease in sales and a 6% increase in income from continuing operations for the 2nd quarter of FY 2016 compared to the same period the previous year.
- Their commercial systems segment saw a 1% decrease in sales primarily due to lower OEM production rates, while their government systems segment saw a 5% decrease in sales due to lower program volumes.
- Their guidance for FY 2016 forecasts total sales between $5.3-5.4 billion, earnings per share between $5.45-5.65, and
20180509 sauc q1 2018 teleconference slides finaldrhincorporated
- Sales were $39.5 million in Q1 2018, down 10.8% from Q1 2017 due to reduced traffic from changes in promotional strategies and calendar shifts.
- Adjusted EBITDA was $5.1 million, or 12.9% of sales, in Q1 2018. Restaurant-level EBITDA was $6.9 million, or 17.4% of sales.
- Favorable commodity costs and reduced G&A expenses helped offset the impact of lower sales on profitability. The company generated $3.2 million in free cash flow for the quarter.
ClubCorp delivered strong first quarter 2016 results, with record revenue and adjusted EBITDA. Same-store revenue grew 4.0% year-over-year, while adjusted EBITDA increased 7.4%. Approximately 51% of members were enrolled in the O.N.E membership program or similar offerings. In the first quarter, ClubCorp acquired two new golf and country clubs and has 18 reinvention projects planned for 2016. The company continues to execute on its three-pronged growth strategy of organic growth, reinvention, and acquisitions.
Ameri gas wells-fargo_december_2017_vfinalAmeriGas
The document is a presentation by AmeriGas Partners about its business. It discusses AmeriGas' position as the largest propane distributor in the US, with over 1.8 million customers. It highlights key aspects of AmeriGas' business such as its competitive advantages, growth accomplishments, technology investments, and financial objectives. AmeriGas aims for 3-4% annual EBITDA growth through programs like national accounts and acquisitions, while maintaining its distribution growth and coverage ratios.
RioCan Investor Presentation for the second quarter of 2015. The presentation discusses RioCan's portfolio of retail properties in Canada and the US, key financial highlights from Q2 2015, and an overview of non-GAAP financial measures used by RioCan to assess performance. RioCan also notes it has engaged advisors to conduct a strategic review of its US operations and will update the market on options in late 2015 or early 2016.
Masonite presented its 2015 Fourth Quarter Earnings. Key highlights included:
- Housing starts in the US grew 10.8% in 2015 while single family starts rose 10.4%, however single family declines in Canada offset some gains.
- Masonite's financial results improved due to strategy execution, with gross profit growth of 32% and adjusted EBITDA growth of 49% in 2015.
- Initiatives focused on expanding product offerings and consideration, including most new products introduced in nine years and transitioning to Masonite branded doors at Lowe's.
The document discusses changes to Masonite's segment reporting structure following the deconsolidation of its South Africa business and sale of its door business in France. The new reporting structure will have three segments:
1) North American Residential
2) Europe
3) Architectural
Corporate & Other will include unallocated costs and immaterial businesses. Historical financial data from 2014-2015 is provided for the new segments and a reconciliation of Adjusted EBITDA to net income is included in an appendix.
- WestRock reported financial results for Q4 FY17 and provided guidance for Q1 FY18.
- For Q4 FY17, adjusted earnings per share were $0.87 and adjusted free cash flow was $271 million.
- Guidance for Q1 FY18 expects impacts such as $30-35 million negative impact from price/mix/pulp and volumes and $35 million negative impact from maintenance downtime and group insurance benefits, resulting in anticipated sequential declines in earnings per share.
The second quarter results presentation covered AmeriGas's performance in the fiscal year 2017 second quarter. Key points included:
- The quarter was warmer than normal and last year, leading to a 6% decline in retail propane volume sold. However, unit margins increased 2% despite higher propane costs.
- Adjusted EBITDA was $271.2 million, down 8% from the prior year second quarter.
- Growth initiatives such as cylinder exchange and national accounts saw increased volume, and the company expects to complete 3 acquisitions in the coming months.
- AmeriGas refinanced its long term debt, reducing interest rates and extending maturities with no significant debt due until 2024.
North American residential segment net sales increased 14% to $348.2 million and adjusted EBITDA increased 19% to $55.7 million in 2Q16. The Europe segment net sales increased 7% to $82.2 million and adjusted EBITDA increased 59% to $12.8 million. Architectural segment net sales increased 2% to $77.6 million but adjusted EBITDA decreased 6% to $7.7 million. Overall, Masonite's consolidated net sales increased 8% to $514 million and adjusted EBITDA increased 16% to $68.5 million in 2Q16.
- The company reported strong second quarter 2017 results, with revenue growth of 7% and adjusted EPS growth of 8%.
- Based on first half performance, the company is raising its full-year revenue and adjusted EPS guidance.
- The results were driven by robust growth in North America and China for commercial and residential HVAC products. Industrial performance was steady with continued improvements expected.
- The company continues its strategy of operational excellence to drive margin expansion, while reinvesting in the business and returning capital to shareholders through dividends and share repurchases.
This document provides an investor presentation for Fiesta Restaurant Group. It discusses Fiesta's two brands, Pollo Tropical and Taco Cabana, and provides strategic, operational, and financial overviews. Key points include plans to separate the two brands into independent companies by 2017 or 2018, long-term targets of 10-12% revenue growth, 2-3% comparable sales growth, and 8-10% unit growth. Financial summaries show the company has accelerated growth since 2012, with over 30% annual unit growth and rising adjusted EPS and margins.
Masco Corporation held its 7th Annual Global Industrials and Materials Summit on June 8, 2016. John Sznewajs, Masco's CFO, discussed the company's transformation initiatives, outlook, and strategies for growth. Key points include:
- Masco has implemented a new management team and business model focused on operational excellence, portfolio management, and capital allocation. This has created a less cyclical business.
- The transformation has delivered stable revenues and strong profitability growth. Masco is positioned to continue outperforming through strategies leveraging its leading brands.
- Masco expects to generate over $2 billion in free cash flow over the next three years, allowing for investment, debt pay
Sem group investor presentation post 4Q and FY 2016 earnings finalSemGroupCorporation
This document discusses SemGroup's non-GAAP financial measure of Adjusted EBITDA and provides context around its use. It notes that Adjusted EBITDA excludes certain non-cash and other selected items in order to increase comparability between reporting periods. It also contains forward-looking statements regarding SemGroup's expectations for future financial performance and growth opportunities.
This document provides an overview of Thor Industries, Inc., a leading manufacturer of recreational vehicles. It discusses Thor's history, leadership position in the RV industry, financial performance, competitive advantages, and outlook. Key points include Thor being the largest RV manufacturer in North America, with a diverse product portfolio and decentralized operating structure. The presentation also notes trends in the recovering RV market and consumer demand. Forward-looking statements are made regarding future growth opportunities and maintaining a balanced approach.
Ryerson provided a quarterly financial presentation highlighting their Q1 2019 results. Key highlights included net sales increasing 31% year-over-year to $1.2 billion, adjusted EBITDA excluding LIFO of $63 million, and diluted adjusted earnings per share of $0.79. Management noted stable demand across most end markets and market share gains contributed to strong earnings. Ryerson also has significant liquidity to fund strategic investments and operations going forward as they work towards achieving their long term financial targets.
Sysco Corporation provided a three-year financial plan for fiscal years 2018 through 2020. Key targets include:
- Total case growth of 3.0-3.5% annually
- Sales growth of 4.0-4.5% annually
- Gross profit growth of 4.0% annually
- Operating income growth of 9.0% annually
- EPS growth of 4.0-4.5% annually, improving to 12-16% growth post-tax reform
Sysco expects to achieve these targets through a focus on four strategic priorities: local customers, customer experience, supply chain optimization, and talent development. The company also expects to achieve an adjusted operating leverage gap of approximately 1
Nielsen reported first quarter 2016 results with the following highlights:
- Revenue increased 5.2% to $1.5 billion driven by growth in both Watch and Buy segments.
- Adjusted EBITDA increased 7.2% to $402 million and margins expanded.
- Adjusted net income per share increased 10.9% to $0.51.
- The company reiterated full year 2016 guidance for revenue growth and adjusted EBITDA margin expansion.
This presentation discusses Molson Coors' strategic framework and priorities. It summarizes that Molson Coors aims to drive sustainable growth and long-term shareholder returns through brand-led profit growth, cash generation, and disciplined capital allocation with a focus on profit after capital charge. Key priorities for 2017 include integrating the MillerCoors acquisition, achieving cost savings, paying down debt, and delivering top- and bottom-line performance.
- WestRock reported Q3 2017 results with adjusted earnings per share of $0.74 and adjusted free cash flow of $473 million.
- They achieved $94 million in productivity initiatives and expect a synergy and performance improvement run-rate of $825 million by the end of Q4 2017.
- Guidance for fiscal year 2017 includes reaffirming adjusted free cash flow of $1.2 billion and estimating capital expenditures of $750 million.
- WestRock reported positive Q2 FY18 results with revenue growth, higher earnings per share, and margin expansion. Key highlights included a 6.8% increase in North American corrugated box shipments, strong consumer packaging backlogs, and price increases across corrugated and consumer grades. The company achieved productivity savings and synergy targets but earnings were negatively impacted by $28 million from severe winter weather. WestRock is implementing strategic investments and pursuing the planned acquisition of KapStone.
Molson Coors provides a strategic framework for driving their ambition to be the first choice for customers and consumers. They aim to maintain flexibility to invest in growth initiatives while protecting their bottom line. Their strategy focuses on earning more through top-line growth, energizing brands and expanding portfolio; using less through cost savings and increased productivity; and investing wisely to expand EBITDA margins and deliver total shareholder return. They outline growth imperatives for the US, Canada, Europe and international markets centered around consumer and customer excellence.
Masco reported its second quarter 2013 earnings. Sales increased 10% to $2.1 billion driven by growth in North American new home construction and retail performance. Operating margins increased 290 basis points to 9.6% due to operating leverage and cost control efforts. All business segments contributed to top and bottom line growth. Masco reiterated its commitment to expanding market leadership, reducing costs, improving underperforming businesses, and strengthening its balance sheet.
20180620 sauc oppenheimer consumer conference widescreen finaldrhincorporated
This document provides an overview of Diversified Restaurant Holdings, Inc. (DRH) for investors attending the Oppenheimer 18th Annual Consumer Conference. It summarizes that DRH is a leading franchisee of Buffalo Wild Wings with 65 locations, and has a current market capitalization of $34 million. The document outlines DRH's business model, growth opportunities through increasing sales and profitability, and potential for shareholder returns through debt reduction, multiple expansion, and EBITDA growth.
This document summarizes WestRock's Q3 FY18 financial results. Key highlights include a 12% increase in net sales year-over-year and strong demand fundamentals across segments. Adjusted earnings per share were up 47% to $1.09. Adjusted segment EBITDA grew 27% with margins expanding 220 basis points. The corrugated packaging segment saw a 29% increase in adjusted segment EBITDA with North America margins improving 420 basis points. The acquisition of KapStone is expected to close by the end of 2018. Full year 2018 guidance projects 10% revenue growth, over 27% adjusted EBITDA growth, and 22.5% adjusted operating cash flow growth.
Masco Corporation reported first quarter 2018 results. Revenue increased 8% to $1.92 billion due to growth in the Plumbing and Decorative Architectural segments and the North American Windows business. Operating profit decreased to $250 million due to $30 million in strategic growth investments and a lag in passing along price increases. Management affirmed its annual earnings guidance range of $2.48 to $2.63 per share.
Masco reported its first quarter 2013 results, with continued margin expansion and sales growth driven by increased North American new home construction activity. The Cabinet segment improved profitability and achieved break-even on an adjusted basis. Weakness continued in the Eurozone. Key highlights included margin improvement across several segments from operating leverage and cost control efforts, as well as successful new product launches and market share gains. Masco is focused on strategic growth initiatives, cost productivity, and debt reduction in 2013.
The document provides an earnings summary and outlook for Q2 2016. Key points include:
- Adjusted EPS was above guidance despite a challenging macro environment.
- Transportation orders remained solid while Industrial orders grew quarter-over-quarter.
- Guidance for Q3 2016 projects adjusted EPS growth of 14% year-over-year.
- Full year 2016 guidance reiterates sales of $12.1-12.5 billion and adjusted EPS of $3.90-4.10.
The document is FY19 Q1 investor presentation from The Clorox Company. The summary is:
1. Clorox reported 4% sales growth and 11% diluted EPS growth in Q1 FY19 and provided an outlook for 2-4% sales growth and -1% to 2% diluted EPS growth for FY19.
2. Clorox's 2020 strategy is focused on driving superior consumer value through brand investment, innovation, and technology while reducing costs to fund growth and increase shareholder returns.
3. Clorox has a strong track record of cost savings, top-tier profitability, and free cash flow generation to support business investment and shareholder returns.
This document contains the summary of a fourth quarter 2008 conference call for DPS. It discusses the challenging macroeconomic conditions, but notes DPS's committed to its long term strategy focused on building brands. It provides an overview of Q4 and full year 2008 financial performance. Guidance for 2009 indicates net sales growth of 2-4% and EPS growth excluding items of $1.59 to $1.67. DPS will continue to generate strong cash flows and pay down $400 million in debt in 2009.
Sysco reported first quarter 2017 earnings results. Key highlights included sales growth of 1.0% excluding Brakes and 11.2% including Brakes. Gross profit grew 5.0% excluding Brakes and 20.3% including Brakes. Operating income grew 15.3% excluding Brakes and 23.8% including Brakes. The acquisition of Brakes Group was accretive to earnings per share and Sysco expects Brakes to be high-single-digit accretive for fiscal year 2017. Sysco also discussed continued focus on key initiatives to drive growth and manage expenses.
This document provides a summary of DuPont's fourth quarter and full year 2015 earnings conference call. It discusses DuPont's financial results including operating earnings per share, net sales, segment operating earnings, and regional net sales highlights. The document also discusses factors impacting the fourth quarter results such as currency exchange rates, tax rates, and weakness in certain markets like agriculture. Additionally, it provides details on DuPont's balance sheet, cash flow, cost savings initiatives, the planned DowDuPont merger, and assumptions for key markets and the macroeconomic outlook in 2016.
Sysco provides forward-looking statements and discusses risks and uncertainties that could impact financial performance. It outlines its agenda which includes a business and strategic overview and recent performance. The document contains financial information for the third quarter year-to-date of fiscal year 2016 compared to the prior year period. It also provides adjustments to operating expenses, operating income, interest expense, net earnings and diluted EPS to exclude certain items for comparative purposes.
Bank of America Merrill Lynch 2015 Transportation ConferenceDelta_Airlines
- Delta has delivered strong financial performance through industry-leading operations, strategic growth initiatives, and cost productivity measures.
- It has significantly improved earnings, margins, returns on capital, and cash generation over the last few years and is on track for record results in 2015.
- Delta maintains a balanced capital allocation strategy of reinvesting in its business, strengthening its balance sheet by reducing debt, and returning cash to shareholders through dividends and stock repurchases.
The document is Myers Industries' fourth quarter and full year 2015 earnings presentation. It summarizes key financial results including a 9% decline in Q4 net sales and flat full year net sales on a constant currency basis. Adjusted gross margin increased 350 basis points to 29.9% for the full year. It also provides an outlook for 2016 with served markets expected to be flat to down low single digits and initiatives focused on margin growth and SG&A reductions.
This presentation provides an overview of Sunoco LP's strategic shift from convenience stores to fuel logistics and distribution. Some key points:
- Sunoco divested the majority of its company-operated retail operations to 7-Eleven in exchange for a 15-year, take-or-pay fuel supply agreement.
- The company completed a refinancing that reduced debt by over $2 billion and extended debt maturities.
- Going forward, Sunoco expects to generate stable cash flows from its fuel distribution contracts and rental income properties while maintaining a disciplined financial strategy and balance sheet. It sees opportunities to grow through acquisitions in the fuel logistics and distribution sector.
This presentation provides an overview of Sunoco LP's strategic shift from retail operations to fuel logistics and distribution. Some key points:
- Sunoco divested the majority of its retail operations and supply agreements to 7-Eleven in exchange for a 15-year fuel supply agreement.
- The company refinanced over $2 billion in debt and repurchased units to strengthen its balance sheet.
- Going forward, Sunoco expects to benefit from significant scale in fuel distribution, a portfolio of stable income streams, and opportunities for growth through acquisitions and expanding into adjacent sectors.
Sysco provided a forward-looking statement regarding risks and uncertainties in its business, including risks related to the economy, inflation, deflation, currency fluctuations, international expansion, acquisitions, capital expenditures, and estimates for future periods. The statement notes that actual results may differ materially from forecasts due to general risks associated with the business, economic conditions, and factors beyond management's control.
Similar to Aug 1 2018 q earnings 073118 w waldo compressed (20)
UnityNet World Environment Day Abraham Project 2024 Press ReleaseLHelferty
June 12, 2024 UnityNet International (#UNI) World Environment Day Abraham Project 2024 Press Release from Markham / Mississauga, Ontario in the, Greater Tkaronto Bioregion, Canada in the North American Great Lakes Watersheds of North America (Turtle Island).
Bienestar Financiero al servicio de su jubilación anticipada
Pago de su 🏡
Estudio de sus hijos
Directamente a tu cuenta bancaria
Con Tesorería Auditoria Jurídica comercial
Administración de carteras
Apalancamiento Financiero
Desarrollo de tu marca personal
Acceso a Desarrollo de varias industrias
Cuentas bancarias
Estructuras Físicas en USA y en América Central
Avalado por Bolcomer
Puesto de Bolsa Comercial
Turismo
Y mucho más
Link de registro
https://business.myinfinity.global/maurod8/
https://therusnetwork.com/
Contacto:
https://goo.su/pzm1fja
2. 2
FORWARD LOOKING STATEMENTS
STABILIZE BELOW PREMIUM
This presentation includes estimates or projections that constitute “forward-looking statements” within the meaning of the U.S. federal securities
laws. Generally, the words “believe,” “expect,” “intend,” “anticipate,” “project,” “will,” and similar expressions identify forward-looking statements,
which generally are not historic in nature. Although the Company believes that the assumptions upon which its forward-looking statements are
based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results
to differ materially from the Company’s historical experience, and present projections and expectations are disclosed in the Company’s filings
with the Securities and Exchange Commission (“SEC”). These factors include, among others, our ability to successfully integrate the acquisition of
MillerCoors; our ability to achieve expected tax benefits, accretion and cost savings and synergies; impact of increased competition resulting
from further consolidation of brewers, competitive pricing and product pressures; health of the beer industry and our brands in our markets;
economic conditions in our markets; additional impairment charges; our ability to maintain manufacturer/distribution agreements; changes in
our supply chain system; availability or increase in the cost of packaging materials; success of our joint ventures; risks relating to operations in
developing and emerging markets; changes in legal and regulatory requirements, including the regulation of distribution systems; fluctuations in
foreign currency exchange rates; increase in the cost of commodities used in the business; the impact of climate change and the availability and
quality of water; loss or closure of a major brewery or other key facility; our ability to implement our strategic initiatives, including executing and
realizing cost savings; our ability to successfully integrate newly acquired businesses; pension plan and other post retirement benefit costs;
failure to comply with debt covenants or deterioration in our credit rating; our ability to maintain good labor relations; our ability to maintain
brand image, reputation and product quality; and other risks discussed in our filings with the SEC, including our most recent Annual Report on
Form 10-K and our Quarterly Reports on Form 10-Q. All forward-looking statements in this presentation are expressly qualified by such
cautionary statements and by reference to the underlying assumptions. You should not place undue reliance on forward looking statements,
which speak only as of the date they are made. We do not undertake to update forward-looking statements, whether as a result of new
information, future events or otherwise.
Non-GAAP Information
Please see our most recent earnings release or visit the investor relations page of our website – www.molsoncoors.com – to find disclosure and
applicable reconciliations of non-GAAP financial measures discussed in this presentation.
4. 26.4 25.7
Q2'17 Q2'18
$105.31 $104.99
Q2'17 Q2'18
Q2 2018 CONSOLIDATED PERFORMANCE
KEY TAKEAWAYS
+1.9% REPORTED-2.6% REPORTED FINANCIAL VOLUME -2.1%
WW BRAND VOLUME
(millions HL)
UNDERLYING EBITDA
(USD millions, constant currency)
NSR/HL
(USD, constant currency) • Underlying EPS growth
of 10.6%
• Sequential
improvements reflect
positive global net
pricing, cost savings
delivery, lower
marketing spend, lower
tax rate, while
continuing to lower net
debt
• Trading environment
remains difficult in
the U.S. and
Canada
-3.8% -2.4%-0.3%
$804
$774
Q2'17 Q2'18
Note: NSR/HL on a brand volume basis
in constant currency; Reported based
on financial NSR and volume
4 Note: Non-GAAP underlying earnings before interest, tax, depreciation and amortization (EBITDA) is calculated by excluding special and other non-core items from the
nearest U.S. GAAP earnings. See reconciliation to nearest U.S. GAAP measures on our website.
5. PORTFOLIO PREMIUMIZATION
KEY TAKEAWAYS
Q2'17 Q2'18
Above Premium Other
21%
• Total above premium
volumes declined 1%
• Premiumization driven by
growth in Europe
• Softer volumes in the U.S.
and Canada
CONTINUED FOCUS ON PREMIUMIZATION
% OF BRAND VOLUME PORTFOLIO IN
ABOVE PREMIUM AND CRAFT
Note: MGD (outside U.S.) and Coors Light (outside U.S. and Canada)
are Above Premium brands
5
20%
6. • Remain committed to
delivering on 2018 cost
savings target of $210
million
• Ability to flex the P&L
with discretionary
spending
• Continued focus on
driving working capital
efficiencies
Note: Underlying free cash flow is calculated by excluding special and other non-core cash impacts from the nearest U.S. GAAP metric.
FY'17 FY'18E
$1.45 billion
$1.5 billion +/- 10%
UNDERLYING FREE CASH
FLOW TARGET:
$1.5 BILLION +/- 10% FOR
FY 2018
UNDERLYING FREE CASH FLOW
DELIVERING CASH TO DELEVERAGE, GROW RETURNS
6
7. OUR BEER PRINT 2025
NEXT GENERATION SUSTAINABILITY STRATEGY - BOLD AND AMBITIOUS
Responsibly
Refreshing
Sustainably
Brewing
Collectively
Crafted
We Want Our Customers To Enjoy
One Of Life’s Simple Pleasures.
We Want to Champion Sustainable
Brewing From Grain to Glass.
Our Beer, and Everything We Do,
will Be Collectively Crafted For
Our People and Communities.
7
9. U.S.
Mid-single-digit
(formerly low-single-digit increase)
Canada
Low-single-digit
Europe
Low-single-digit
International
Low-single-digit
2017-2019
COST SAVINGS PROGRAM
• Commitment to cash
generation and cost
savings
• Focus on additional
cost mitigation efforts
• Increased COGS/HL
guidance in U.S. due to
freight market and Mid
West Premium inflation
Note: Underlying free cash flow is calculated by excluding special and other non-core cash impacts from the nearest U.S. GAAP metric.
FY'17 FY'18E
$1.45 billion
$1.5 billion +/- 10%
UNDERLYING FREE CASH FLOW
$255
million
$210
million
2017 2018E 2019E
$135
million
$600
million
COGS/HL GUIDANCE
GUIDANCE
2018
KEY TAKEAWAYS
9
10. 26.4 25.7
Q2'17 Q2'18
$105.31 $104.99
Q2'17 Q2'18
Q2 2018 CONSOLIDATED PERFORMANCE
KEY TAKEAWAYS
+1.9% REPORTED-2.6% REPORTED FINANCIAL VOLUME -2.1%
WW BRAND VOLUME
(millions HL)
UNDERLYING EBITDA
(USD millions, constant currency)
NSR/HL
(USD, constant currency) • Underlying EPS growth
of 10.6%
• Sequential
improvements reflect
positive global net
pricing, cost savings
delivery, lower
marketing spend, lower
tax rate and continuing
to strengthen our
balance sheet
• Trading environment
remains difficult in
the U.S. and
Canada
-3.8% -2.4%-0.3%
$804
$774
Q2'17 Q2'18
Note: NSR/HL on a brand volume basis
in constant currency; Reported based
on financial NSR and volume
10 Note: Non-GAAP underlying earnings before interest, tax, depreciation and amortization (EBITDA) is calculated by excluding special and other non-core items from the
nearest U.S. GAAP earnings. See reconciliation to nearest U.S. GAAP measures on our website.
11. Q2'17 Q2'18
UNITED STATES
Q2 2018 PERFORMANCE
KEY TAKEAWAYS
• NSR/HL growth due to strong
pricing
• Gained share of premium
lights
• Craft acquisitions and Import
1-2 punch (Sol+Peroni)
growing strongly
Note: Brand volume based on domestic volume. NSR/HL on a brand volume basis.
Domestic STWs -3.6%
BRAND VOLUME
(millions HL)
UNDERLYING EBITDA
($ millions)
NSR/HL
-7.2% -4.8%+0.9%
Q2'17 Q2'18
$621
$576
Q2'17 Q2'18
NSR/HL +1.6%
EXCL. NEW ACCOUNTING STANDARD
11 Note: Non-GAAP underlying earnings before interest, tax, depreciation and amortization (EBITDA) is calculated by excluding special and other non-
core items from the nearest U.S. GAAP earnings. See reconciliation to nearest U.S. GAAP measures on our website.
12. Q2'17 Q2'18
FINANCIAL VOLUME +3.0%+18.2% REPORTED
EUROPE
Q2 2018 PERFORMANCE
KEY TAKEAWAYS
• Brand volume
positively impacted by
performance in both
National Champion
brands and above
premium, driven by
Coors Light, Craft and
Staropramen,
as well as
World Cup
consumption
BRAND VOLUME
(millions HL)
UNDERLYING EBITDA
(millions, constant currency)
NSR/HL
(constant currency)
+11.7% +2.9%+1.5%
Q2'17 Q2'18
$115
$128
Q2'17 Q2'18
Note: NSR/HL on a brand volume basis
12 Note: Non-GAAP underlying earnings before interest, tax, depreciation and amortization (EBITDA) is calculated by excluding special and other non-core items from the
nearest U.S. GAAP earnings. See reconciliation to nearest U.S. GAAP measures on our website.
13. Q2'17 Q2'18Q2'17 Q2'18
CANADA
Q2 2018 PERFORMANCE
FINANCIAL VOLUME -2.3%-5.1% REPORTED
BRAND VOLUME
(millions HL)
UNDERLYING EBITDA
(millions, constant currency)
NSR/HL
(constant currency)
-7.8% -2.4%-4.5%
KEY TAKEAWAYS
• NSR/HL down due to
revenue recognition
and negative mix
• Bottom line reflected
benefits from lower
MG&A spending &
lower COGS/HL
$101
$94
Q2'17 Q2'18
Note: NSR/HL on a brand volume basis
NSR/HL -1.4%
EXCL. NEW ACCOUNTING STANDARD
13 Note: Non-GAAP underlying earnings before interest, tax, depreciation and amortization (EBITDA) is calculated by excluding special and other non-core
items from the nearest U.S. GAAP earnings. See reconciliation to nearest U.S. GAAP measures on our website.
14. Q2'17 Q2'18
($0.9)
$6.5
Q2'17 Q2'18 Q2'17 Q2'18
INTERNATIONAL
Q2 2018 PERFORMANCE
• Brand volume
positively impacted by
performance in focus
markets
• Bottom line reflected
improved COGS/HL
and lower marketing
spend
• FY 2018 EBITDA
guidance
of
$20-$25
million
FINANCIAL VOLUME -0.9%
KEY TAKEAWAYS
BRAND VOLUME
(millions HL)
UNDERLYING EBITDA
(millions)
NSR/HL
(constant currency)
+$7.4M +0.6%+3.8%
Note: NSR/HL on a brand volume basis
14 Note: Non-GAAP underlying earnings before interest, tax, depreciation and amortization (EBITDA) is calculated by excluding special and other non-core items from the
nearest U.S. GAAP earnings. See reconciliation to nearest U.S. GAAP measures on our website.
15. 2017-2019
COST SAVINGS PROGRAM
• Commitment to
maintaining
investment-grade
rating
• We expect a
Dividend Payout
Ratio of 20%-25% of
trailing annual
underlying EBITDA
after achieving
~3.75x leverage
around mid 2019
Note: Underlying free cash flow is calculated by excluding special and other non-core cash impacts from the nearest U.S. GAAP metric.
FY'17 FY'18E
$1.45 billion
$1.5 billion +/- 10%
UNDERLYING FREE CASH FLOW
$255
million
$210
million
2017 2018E 2019E
$135
million
$600
million
GUIDANCE
2018
15
17. E N H A N C E D C O M M E R C I A L C A PA B I L I T I E S W I L L D R I V E T O P & B O T T O M L I N E
EARN MORE : COMMERCIAL EXCELLENCE DRIVERS
BUILD EXTRAORDINARY
BRANDS
STRENGTHEN CUSTOMER
EXCELLENCE
DRIVE DISRUPTIVE
GROWTH
COMMERCIAL
EXCELLENCE
EXPAND PORTFOLIO
DIGITAL & E-COMMERCE
ACCELERATE INTERNATIONAL GROWTH
ENERGIZE CORE BRANDS
GROW ABOVE PREMIUM & CRAFT
BUILD GLOBAL BRANDS
INSIGHT & ANALYTICS
17
18. EXPANDING PORTFOLIO
DRIVING & EXPANDING CATEGORY VALUE
GROW SHARE OF BEER/FMB/CIDER
GROW BEYOND BEER BREWED, FERMENTED OR DISTILLED
Molson Coors Canada
19. UNITED STATES GROWTH IMPERATIVE
BUILDING HEALTHY BRANDS ACROSS SEGMENTS
CONTINUE
GROWING SHARE
IN PREMIUM
CUSTOMER EXCELLENCECONSUMER EXCELLENCE
ACCELERATE
ABOVE PREMIUM
& CRAFT
STABILIZE BELOW
PREMIUM TO
EXPAND BEER
INNOVATION
DRIVING
PLACEMENTS
EXPAND BUILDING WITH BEER
CONTINUE IMPROVING FIELD
SALES EXECUTION
19
CATEGORY CAPTAINCIES
& 30 SUPPLIER AWARDS
IN 2 YEARS
70+
20. EUROPE GROWTH IMPERATIVE
STRENGTHENING THE CORE AND DRIVING PREMIUMIZATION
CUSTOMER EXCELLENCECONSUMER EXCELLENCE
DRIVE OUR
NATIONAL
CHAMPION BRANDS
GROW CIDER IN THE
UK
ACCELERATE ABOVE
PREMIUM AND CRAFT
20
ENHANCED REVENUE
MANAGEMENT
APPROACH
CATEGORY
GROWTH
DRIVING
ACTIVATION
MAINTAIN & DEVELOP
FIRST CHOICE
REPUTATION
BRILLIANT FIELD
SALES
EXECUTION
No. 1
SUPPLIER
21. CANADA GROWTH IMPERATIVE
TOP-LINE GROWTH COUPLED WITH COST INITIATIVES
CUSTOMER EXCELLENCECONSUMER EXCELLENCE
ACCELERATE FIELD
SALES MANAGEMENT
IMPACT
ENHANCE REVENUE
MANAGEMENT
APPROACH
EMBRACE BUILDING
WITH BEER
NEW PRODUCT
INTRODUCTIONS +
EXPAND MILLER
RE-ENERGIZE COORS
LIGHT AND MOLSON
CANADIAN
ACCELERATE SHARE
GAINS - ABOVE PREM,
CRAFT & FMBs
21
22. INTERNATIONAL GROWTH IMPERATIVE
DRIVING GROWTH FROM A STRONG PLATFORM
CUSTOMER EXCELLENCECONSUMER EXCELLENCE
GROW EMERGING BRANDS
SELECTIVELY
GROW FOCUS BRANDS
AGGRESSIVELY
OPTIMIZE ROUTE TO
MARKET
OPTIMIZE ROUTE
TO MARKET
EXPLORE SUPPLY CHAIN
TRANSFORMATION
EARN MORE IN
FOCUS MARKETS
22
23. 23
MOLSON COORS PRIORITIES
COMMITTED TO
2018 GUIDANCE
DESPITE H1
CHALLENGES
DEBT PAYDOWN
& MAXIMIZING
CASH, PROTECT
BOTTOM-LINE
ACCELERATE
TOP-LINE VIA
COMMERCIAL
EXCELLENCE
REWARD
SHAREHOLDERS
WITH CAPITAL
RETURNS