Superior Plus Corp · TSX:SPB
Superior Plus — Investor Presentation (September 2014)
19 slides from Superior Plus's investor presentation, September 2014
Slide 1: Superior Plus Corp. Investor Update
Superior Plus Corp. Investor Update September, 2014
Slide 2: Business Overview
Business Overview Superior Plus – ‘Three Businesses – ONE Investment’ Energy Services Specialty Chemicals Construction Products Distribution Good access to capital Focused on improving efficiency of businesses, organic growth generation and reducing debt/leverage Attractive acquisition and geographi
Slide 3: Destination 2015
Destination 2015
Slide 4: Destination 2015
Destination 2015 Committed to transforming Superior into a best-in-class organization – progress made on all aspects of Destination 2015 Become customer centric throughout the entire organization Improve our productivity and processes Invest in our businesses for sustainable managed growth Accountab
Slide 5: Energy Services
Energy Services Energy Services 2014 Areas of Focus: Intelligent pricing Investments in sales & marketing Procurement initiatives Finalization of the ADD IT system and “Superior Way Project” Supply chain and service business restructuring at USRF 5
Slide 6: Specialty Chemicals
Specialty Chemicals Specialty Chemicals 2014 Areas of Focus: HCl expansion of Port Edwards and Saskatoon Port Edwards start-up Q3 2014 and Saskatoon Q4 2014 Incremental volume has been substantially contracted Incremental $12 million to $16 million in EBITDA (relative to chlorine) Optimize Tronox su
Slide 7: Construction Products Distribution
Construction Products Distribution Formal sales process announced with Superior’s 2014 1st Quarter earnings release Rational for divestiture: • Simplifies business model – CPD was the most cyclical of Superior’s businesses • Accelerates deleveraging • Capital to grow Energy Services and Specialty Ch
Slide 8: Destination 2015 – Key Initiatives Update
Destination 2015 – Key Initiatives Update Energy Services Initiative Division 2015 Target 2014 2013 2012 Status Propane 66% 70% 72% 72% Operating costs as a % of gross profit USRF 70% 74% 77% 78% Gross profit Propane On-track On-track 6% 6% growth of 2% Implement ADD IT Propane/ Completed in Complet
Slide 9: Destination 2015 – Key Initiatives Update
Destination 2015 – Key Initiatives Update Construction Products Distribution Initiative 2015 Target 2014 2013 2012 Status Increase gross margin % 26.0% 25.0% 24.5% 23.6% Reduce inventory DOH 38 39 40 43 Specialty Chemicals Initiative 2015 Target 2014 2013 2012 Status Port Edwards HCl Completed in Q3
Slide 10: 2016 and Beyond
2016 and Beyond Development of a continuous improvement program Continue to invest in our businesses Organic growth opportunities - improve market share in all business segments Growth through acquisitions Maintain focus on leverage Ongoing review of talent throughout the organization 10
Slide 11: Financial Overview
Financial Overview www.superiorplus.com
Slide 12: 2014 Financial Outlook
2014 Financial Outlook 2014 Adjusted Operating Cash Flow per share (1)(2) $1.65-$1.95 (1) Superior’s 2014 Financial Outlook is as provided in Superior’s 2014 Q2 MD&A. Amounts are before restructuring costs. (2) The assumptions, definitions, and risk factors relating to the Financial Outlook are disc
Slide 13: Summary
Summary www.superiorplus.com
Slide 14: Summary
Summary Destination 2015 provides Superior with a focused plan for continuous improvement Improvements in EBITDA and operations in 2014 and 2015 Executable plan is in place for the Energy Services business Committed to transforming Superior into a best-in-class organization Become customer centric t
Slide 15: Business Fundamentals
Business Fundamentals “ Superior Plus TSX:SPB www.superiorplus.com
Slide 16: Energy Services Fundamentals
Energy Services Fundamentals Wholesale cost of propane has normalized in second half of 2014 Increase in wholesale cost in Q1 2014 was due to weather and supply disruptions Industrial/oilfield propane demand strong in Canada but uncertainty exists due to volatile commodity prices and gasification of
Slide 17: Specialty Chemicals Market Fundamentals
Specialty Chemicals Market Fundamentals Sodium chlorate Pulp mills running at high utilization rates Sodium chlorate market is balanced – Superior’s facilities fully contracted Well developed export market for sodium chlorate – pulp continues to have excellent long-term fundamentals with demand comi
Slide 18: Forward-Looking Statements and Non-IFRS Financial Measures
Forward-Looking Statements and Non-IFRS Financial Measures Certain information included in this presentation is forward-looking, within the meaning of applicable Canadian securities laws. Forward-looking information is often, but not always, identified by the use of words such as "anticipate", "beli
Slide 19: Questions & Answers
Questions & Answers Suite 1400, 840 – 7 Avenue S.W. Calgary, Alberta T2P 3G2 Tel: 403-218-2970 Fax: 403-218-2973 Toll Free: 1-866-490-7587 www.superiorplus.com
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