Transcontinental Inc. Class A · TSX:TCL.A
Transcontinental Inc. Class A — Q1 2021 Earnings Presentation
14 slides from Transcontinental Inc. Class A's earnings presentation, Feb 25, 2021
Slide 1: First Quarter 2021 results
First Quarter 2021 results Conference call presentation February 25, 2021 François Olivier, President and Chief Executive Officer Donald LeCavalier, Chief Financial Officer Yan Lapointe, Director, Investor Relations www.tc.tc
Slide 2: Note to readers
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: Forward-looking information
Forward-looking information Our public communications often contain oral or written forward-looking statements which are based on the expectations of management and inherently subject to a certain number of risks and uncertainties, known and unknown. By their very nature, forward-looking statements
Slide 4: Q1 2021 Highlights
Q1 2021 Highlights Strong organic growth in revenues and EBITDA Packaging Sustainability continues to be a major company focus and R&D priority Maintained solid profitability despite impacts from pandemic Printing Continue to pursue opportunities in verticals with growth potential Strong cash flow f
Slide 5: Sustainability is a key competitive advantage and is well integrated in our corporate strategy
Sustainability is a key competitive advantage and is well integrated in our corporate strategy Breakthrough compostable packaging for Maxwell House Canada Single Serve Coffee Pods winning the Best in Class Package Innovation Sustainable Design in the 2021 PAC Global Leadership Awards Named to Corpor
Slide 6: Q1 2021 Financial Results
Q1 2021 Financial Results Highlights $21.1M organic growth in Packaging Revenues $622.7M Reflects disposition of Paper packaging business and impact of COVID-19 on Printing +12.8% organic growth in Packaging Adjusted Adj. EBITDA(1) $105.7M EBITDA Stable margins excluding CEWS(2) in Printing +15.7% (
Slide 7: Q1 2021 Financial Results: Packaging
Q1 2021 Financial Results Packaging Revenues (in millions of $) Highlights Excellent organic growth mainly from higher volume due to strong demand across most verticals Including new products introduction and new contracts Resin price also contributed Adj. EBITDA(1) (in millions of $) Adj. EBITD
Slide 8: Q1 2021 Financial Results: Printing
Q1 2021 Financial Results Printing Revenues (in millions of $) Highlights Organic decline of 17.8% (impact of COVID-19) Benefitted from acquisition of Artisan Complete in 2020 Adj. EBITDA(1) (in millions of $) Continue to align cost structure to protect profitability Margin of 22.3% (19.1% excluding
Slide 9: Demonstrated ability to deleverage rapidly using solid free cash flow
Demonstrated ability to deleverage rapidly using solid free cash flow Net indebtedness1 (in millions of $) and net indebtedness ratio1 2 Lease liabilities 3.5 Net indebtedness (excl. Lease liabilities) 3.1 3.0 Net indebtedness ratio (excl. IFRS 16) 2.8 2 2.7 Net indebtedness ratio (incl. IFRS 16) 2.
Slide 10: Conclusion
Conclusion Very strong start of the fiscal year with solid performance across all sectors Well positioned to grow organically in Packaging and to benefit from a gradual recovery in Print Solid financial position, generating strong and consistent cash flows providing the flexibility to grow organical
Slide 11: Appendix
Appendix tc @ TRANSCONTINENTAL www.tc.tc
Slide 12: Reconciliation of Non-IFRS Financial Measures
Reconciliation of Non-IFRS Financial Measures 12
Slide 13: Reconciliation of Non-IFRS Financial Measures (cont'd)
Reconciliation of Non-IFRS Financial Measures (cont’d) 13
Slide 14: www.tc.tc
t @ TRANSCONTINENTAL www.tc.tc