Transcontinental Inc. Class A · TSX:TCL.A
Transcontinental Inc. Class A — Corporate Update (April 2020)
11 slides from Transcontinental Inc. Class A's corporate update, Apr 16, 2020
Slide 1: COVID-19 update
TC Transcontinental COVID-19 update April 16, 2020 www.tc.tc 1
Slide 2: Note to readers / Forward-looking information
Note to readers In this document, unless otherwise indicated, all financial data are prepared in accordance with International Financial Reporting Standards (IFRS) and the term ‘’dollars’’ as well as the symbol ‘’$’’ designate Canadian dollars. In this document, we also use non-IFRS financial measur
Slide 3: We play an important role in essential services
We play an important role in essential services • In the Packaging sector, which represents about half of our revenues, the vast majority of our operations supports the vital food industry, a sector considered critical by governments. • In the Print sector, as requested by governments, we continue t
Slide 4: Protecting our employees and stabilizing our operations: health
We are taking the appropriate actions to protect our employees and stabilize our operations Protect the health of our employees • Physical distancing and enhanced Health & Safety measures for operations, including thorough cleaning and disinfection of work areas • Restricted access to plants, and te
Slide 5: Protecting our employees and stabilizing our operations: continuity
We are taking the appropriate actions to protect our employees and stabilize our operations Ensure the continuity of our operations • License to operate as essential services • Business Continuity Plans in place, including IT infrastructure and support • Secure access to supply chain Measures in pla
Slide 6: Impacts on Packaging activities
Impacts on Packaging activities • Defensive sector: While not immune to economic downturn or crisis, the sector typically performs well in these occasions. • TC Packaging plays a vital role in food, beverage and other essential consumer staples. These products are more important than ever and essent
Slide 7: Impacts on Printing activities
Impacts on Printing activities • Communicate closely with customers and monitor market developments. • Following government decisions related to non essential services, we have significantly reduced our operation with ~1,600 temporary lay offs. • Newspapers, magazines, ISM and books are considered e
Slide 8: Protecting our ability to generate free cash flow
We are taking actions to protect our ability to generate free cash flow Defend against revenue declines • Developed revenue decline scenarios by sector • Implemented cost cutting initiatives in line with reduction in demand • Built scenarios around post crisis management • Evaluate need for assets a
Slide 9: We have a strong financial position
We have a strong financial position • Investment grade credit rating • Net indebtedness ratio of 2.0x excluding the impact of IFRS 161 • Access to more than $500 million in liquidity (cash and undrawn credit facilities) and no upcoming maturities this fiscal year. • Track record of consistent cash f
Slide 10: Conclusion
Conclusion We play an important role in essential services We are taking the appropriate actions to protect our employees and keep our operations running We are in a strong financial position with significant liquidities and no major upcoming maturities 10
Slide 11: Contact information
Contact information Transcontinental Inc. Yan Lapointe Director, Investor Relations 1 Place Ville Marie, Suite 3240 Montréal (QC) H3B 0G1 Telephone: 514 954-3574 11 [email protected] www.tc.tc