Ico Group Limited · HKEX:1460
Ico — Merger or Acquisition (December 2009)
14 slides from Ico's merger presentation, Dec 10, 2009
Slide 1: A. Schulman: the journey
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Slide 2: Safe Harbor
Safe Harbor Certain statements in this presentation may constitute forward-looking statements within the meaning of the Federal securities laws. These statements can be identified by the fact that they do not relate strictly to historic or current facts. They use such words as "anticipate", "estimat
Slide 3: Use of Non-GAAP Financial Measures
Use of Non-GAAP Financial Measures This presentation includes the use of both GAAP (generally accepted accounting principles) and non-GAAP financial measures. The non-GAAP financial measures include: gross margin excluding unusual items, operating margin excluding unusual items, net income excluding
Slide 4: Cautionary Statement
Cautionary Statement A number of the matters discussed in this document that are not historical or current facts deal with potential future circumstances and developments, in particular, information regarding expected synergies resulting from the merger of A. Schulman and ICO, combined operating and
Slide 5: A. Schulman: the journey
(B® A Schulman af the journey ASchul | Sculore, 2008 Arras por
Slide 6: Our Combined Global Footprint
Our Combined Global Footprint
Slide 7: Financials
Financials December 10, 2009 Annual Meeting
Slide 8: Financial Highlights FY 2009 and FY 2008
Financial Highlights FY 2009 and FY 2008 Excluding unusual items*, net income for FY 2009 was: $16.4 million or $0.64 per diluted share vs $37.1 million or $1.36 per diluted share in FY 2008 Reported net loss for the FY 2009 was: $2.8 million or $0.11 per diluted share vs. net income of $18.0 millio
Slide 9: Volume Declines Not Completely Offset By Cost Reductions And Other Favorability
Volume Declines Not Completely Offset By Cost Reductions And Other Favorability Note : Excludes unusual items; numbers include rounding
Slide 10: Balance Sheet and Liquidity Strength
Balance Sheet and Liquidity Strength FY3Q08 FY4Q08 FY1Q09 FY2Q09 FY3Q09 FY4Q09 (in millions) (in millions) (in millions) (in millions) (in millions) (in millions) Cash $84 $98 $116 $141 $203 $229 Total Debt $168 $114 $109 $96 $104 $105 Net Debt ($84) ($16) $7 $45 $99 $124 Available Liquidity * $204
Slide 11: 2010 Q1 and ICO Acquisition
2010 Q1 and ICO Acquisition FY10 Q1 Shaping up to be a very strong quarter with operating earnings in excess of our FY09 and FY08's levels Balance sheet has remained strong North America should break even in FY10 Q1 ICO Acquisition Very strong and compelling strategic fit Synergies of $15 million Ba
Slide 12: A. Schulman: the journey
(B® A Schulman af the journey ASchul | Setar ne. 2008 Arras pot
Slide 13: Appendix
Appendix
Slide 14: Non-GAAP to GAAP Reconciliation FY 2009 and FY 2008
Non-GAAP to GAAP Reconciliation FY 2009 and FY 2008