Myers Industries, Inc. · NYSE:MYE
Myers Industries — Q3 2014 Earnings Presentation
12 slides from Myers Industries's earnings presentation, Oct 29, 2014
Slide 1: Earnings Presentation Third Quarter 2014
Earnings Presentation Third Quarter 2014 October 29, 2014 Exhibit 99.2
Slide 2: Third Quarter US Agricultural Conditions
Third Quarter US Agricultural Conditions • Extremely low U.S. crop prices caused agricultural companies to decrease purchases of our storage products during the third quarter
Slide 3: Third Quarter Brazilian Market Conditions
Third Quarter Brazilian Market Conditions *Source: www.indexmundi.com Brazilian Corn Prices* • Declines in agricultural, automotive and industrial production in Brazil contributed to lower sales volumes and margins in the third quarter Brazilian Soy Bean Prices*
Slide 4: Slide 4
Slide 5: Slide 5
Slide 6: Third Quarter Results – Material Handling
Third Quarter Results – Material Handling • Sales increase year-over-year generated by acquisition of Scepter which closed on July 2, • Decrease in adjusted income before taxes due to change in product and customer mix and higher freight and distribution costs compared to last year $ Millions See Re
Slide 7: Third Quarter Results – Distribution
Third Quarter Results – Distribution • Net sales declined compared to last year as a result of the closure of the Canadian branches in the first quarter of 2014 and lower custom sales • Adjusted income before taxes decreased as a result of a change in product mix year- over-year and higher logistics
Slide 8: Appendix
Appendix
Slide 9: Reconciliation of Non-GAAP Measures
Reconciliation of Non-GAAP Measures MYERS INDUSTRIES, INC. RECONCILIATION OF NON-GAAP FINANCIAL MEASURES INCOME (LOSS) BEFORE TAXES BY SEGMENT (UNAUDITED) (Dollars in millions, except per share data) Quarter Ended September 30, Nine Months Ended September 30, Material Handling (Loss) income before i
Slide 10: Market Indicators – Material Handling
Market Indicators Material Handling Sources: U.S. Census Business and Industry - August 2014 MHI MHEM Forecast – July 2014 Sources: RVIA Forecasts, August 2014; FRB G17 Release, July 2014
Slide 11: Market Indicators – Distribution
Market Indicators Distribution Source: JP Morgan, RMA, Energy Information Administration, August 2014
Slide 12: Myers Industries, Inc.
MYERS INDUSTRIES, INC.