Transcontinental Inc. Class A · TSX:TCL.A
Transcontinental Inc. Class A — Q3 2023 Earnings Presentation
13 slides from Transcontinental Inc. Class A's earnings presentation, Sep 7, 2023
Slide 1: Q3-FY2023 Results Earnings Call Presentation
Q3-FY2023 RESULTS EARNINGS CALL PRESENTATION Thomas Morin, President and Chief Executive Officer Donald LeCavalier, Executive Vice President & Chief Financial Officer Yan Lapointe, Director, Investor Relations & Treasury September 2023
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: Q3-FY2023 Highlights
Q3-FY2023 HIGHLIGHTS Adjusted EBITDA up 3% including a positive impact of exchange rates Packaging Cost savings and pricing actions offsetting lower volume Actions implemented now exceeding $20M on an annualized basis, partially offsetting lower volume Printing Deployment of raddar TM progressing we
Slide 5: Q3-FY2023 Financial Results
Q3-FY2023 FINANCIAL RESULTS Q3-FY2023 Q3-FY2022 Highlights 5.5% decline due to lower volume Revenues $706.7M $747.8M Favourable variation in exchange rates and contribution from acquisitions (ERPI & Banaplast) Adj. Higher profit in Packaging partially offsetting $107.9M $113.0M lower profit in Print
Slide 6: Q3-2023 Financial Results: Packaging
Q3-2023 FINANCIAL RESULTS: PACKAGING Revenues ($M) 5.4% decrease mainly due to lower volume from customer destocking and market softness Adj. EBITDA(1) ($M) Adj. EBITDA improvement (+3%) mainly from exchange rates Significant cost savings and inflation recovery offsetting most of the lower vol
Slide 7: Q3-2023 Financial Results: Printing
Q3-2023 FINANCIAL RESULTS: PRINTING Revenues ($M) 5.6% decrease mainly due to lower volume in book & retail flyer printing activities Adj. EBITDA(1) ($M) $7.1M decline mainly due to lower volume Action implemented now exceeding $20M on an annualized basis Positive impact of raddarTM 7| (1) N
Slide 8: FY2023 Outlook
FY2023 OUTLOOK Packaging Growth in adjusted EBITDA(1) in FY2023 versus FY2022 Lower adjusted EBITDA(1) from impact of inflation on Printing volume, partially offset by cost reduction initiatives Significant cash flow from operations enabling us to reduce our net debt while continuing our strategic i
Slide 9: Appendix
APPENDIX tc @ TRANSCONTINENTAL www.te.te
Slide 10: Reconciliation of Non-IFRS Financial Measures
RECONCILIATION OF NON-IFRS FINANCIAL MEASURES 10 |
Slide 11: Reconciliation of Non-IFRS Financial Measures (Cont'd)
RECONCILIATION OF NON-IFRS FINANCIAL MEASURES (CONT’D) 11 |
Slide 12: Reconciliation of Non-IFRS Financial Measures (Cont'd)
RECONCILIATION OF NON-IFRS FINANCIAL MEASURES (CONT’D) 12 |
Slide 13: www.tc.tc
tc @ TRANSCONTINENTAL www.te.te