Minerals Technologies Inc. · NYSE:MTX

Minerals Technologies — Investor Presentation (July 2024)

18 slides from Minerals Technologies's investor presentation, July 2024

  1. Slide 1: Investor Presentation

    Investor Presentation July 2024 © 2024 Minerals Technologies Inc. All Rights Reserved.

  2. Slide 2: Forward Looking Statements and Non-GAAP Measures

    Forward Looking Statements and Non-GAAP Measures This presentation may contain "forward‐looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements provide current expectations and forecasts of future events such as new products, revenue

  3. Slide 3: Minerals Technologies: A Global Specialty Minerals Company

    MINERALS TECHNOLOGIES A Global Specialty Minerals Company $2.2B ~4,000 32 12 Net Sales Employees Countries R&D Centers EMEA Latin  Technology-driven provider of specialty 24% America solutions and applications that are an 3% essential part of your everyday life Asia 16%  Global footprint aligned w

  4. Slide 4: A Well-Balanced and Well-Positioned Growth Portfolio

    A Well-Balanced and Well-Positioned Growth Portfolio CONSUMER & SPECIALTIES $1.2B $1.0B ENGINEERED SOLUTIONS Functional components in a variety of Designed to improve our customers’ consumer and industrial goods manufacturing processes and projects​ Household & Personal Care $518M (24%) High-Tempera

  5. Slide 5: A Technology-Driven Specialty Minerals Company

    MINERALS TECHNOLOGIES A Technology-Driven Specialty Minerals Company Technology and Beneficial Attributes and Application Know-How Functionalities Functional value Odor elimination creation across Consumer and Crystal Engineering Functional Additives Ad/absorption Industrial Lightweighting applicati

  6. Slide 6: Growth Driver Spotlight: Innovation Aligned With Key Trends

    Growth Driver Spotlight:​ Innovation Aligned With Key Trends Beneficial Attributes and Products & solutions aligned with Functionalities key trends Odor elimination Household & Personal Care Ad/absorption  Pet and animal health Natural  Natural personal care solutions Energy ingredie  Biofuels pu

  7. Slide 7: Sustainable Long-Term Organic Growth Through the Cycle

    Sustainable Long-Term Organic Growth Through the Cycle 4-7% Sales CAGR Household & Personal Care 7-10% CAGR through 2027 Expansion in  Pet care growth higher  Market share growth of high-margin specialty products growth consumer- Specialty Additives 3-5% CAGR oriented  Expansion of sustainable so

  8. Slide 8: 5-Year Targets

    5-Year Targets 1 Organic sales growing at 5% CAGR through 2027 2 Margin improvement to 15% by 2025 3 Operating Income growing at 10% CAGR through 2027 4 Continued strong FCF generation of ~7% of Sales 5 Strong balance sheet with flexibility for inorganic growth 8

  9. Slide 9: Strong Business Model Yielding Significant Value

    Strong Business Model Yielding Significant Value Balanced  Expansion in higher growth consumer-oriented markets ​ and stable growth  Strengthening our leading positions in key industrial markets portfolio through geographic expansion  Innovation across all product lines Broad-based margin expansi

  10. Slide 10: Balanced Approach to Capital Allocation

    Balanced Approach to Capital Allocation Capex 2024 target $90-100M Free Cash Flow FCF 2024 target $140-160M Strong balance sheet & at target net leverage 4.5 3.8 2.8 2.4 At target net leverage 2.2 1.8 1.9 1.8 2X EBITDA May-14 2014 2016 2018 2020 2022 2023 Q1 2024 Depending on M&A opportunity  Ongoi

  11. Slide 11: A powerful combination to drive shareholder value

    MTI values and culture A powerful Differentiated technologies combination MTI to drive Financial strength Business shareholder Application System value expertise Global mineral reserves

  12. Slide 12: Investor Contact

    Investor Contact Investor Relations Contact Lydia Kopylova Phone: (212) 878-1831 Email: [email protected] Website www.mineralstech.com 12 12

  13. Slide 13: Reconciliation

    © 2024 Minerals Technologies Inc. All Rights Reserved.

  14. Slide 14: Net Income and Diluted EPS Excluding Special Items

    Reconciliation Net Income and Diluted EPS Excluding Special Items The information set forth in the Analyst Presentation presents financial measures of the Company that exclude certain special items, and are therefore not in accordance with GAAP. The following is a presentation of the Company’s non-G

  15. Slide 15: Segment Operating Income Excluding Special Items

    Reconciliation Segment Operating Income Excluding Special Items millions of dollars Quarter Ended Twelve Months Ended Dec. 31, Oct. 1, Dec. 31, Dec. 31, Dec. 31, 2023 2023 2022 2023 2022 SEGMENT OPERATING INCOME(LOSS) DATA Consumer & Specialties Segment $ 36.6 $ (46.6) $ 16.4 $ 41.6 $ 79.0 Engineere

  16. Slide 16: EBITDA Excluding Special Items

    Reconciliation EBITDA Excluding Special Items Twelve Months Quarter Ended Ended millions of dollars Dec. Dec. 31, Oct. 1, Dec. 31, 31, Dec. 31, 2023 2023 2022 2023 2022 Net income (loss) $ 39.8 $ (19.2)$ 20.0 $ 84.1$ 122.2 Add back: Depreciation, depletion and amortization 23.5 24.3 23.0 95.0 94.2 I

  17. Slide 17: The Company Sales Growth Excluding BMI

    Reconciliation The Company Sales Growth Excluding BMI To supplement the Company's consolidated financial statements presented in accordance with GAAP, the following is a presentation of the Company's year over year sales growth, excluding the sales of Barretts Minerals Inc. for the three months ende

  18. Slide 18: Free Cash Flow

    Reconciliation Free Cash Flow Quarter Ended Twelve Months Ended millions of dollars Dec. 31, Oct. 1, Dec. 31, Dec. 31, Dec. 31, 2023 2023 2022 2023 2022 Cash flow from operations $ 95.3 $ 59.1 $ 42.3 $ 233.6 $ 105.9 Capital expenditures 22.5 25.1 22.9 93.5 82.3 Free cash flow $ 72.8 $ 34.0 $ 19.4 $

Minerals Technologies — Investor Presentation (July 2024) on 6ix