Matson, Inc. · NYSE:MATX
Matson — Investor Presentation (November 2023)
14 slides from Matson's investor presentation, Nov 14, 2023
Slide 1: Investor Presentation November 2023
1 Investor Presentation │November 2023 Investor Presentation November 2023
Slide 2: Forward-Looking Statements
2 Investor Presentation │November 2023 Forward-Looking Statements Statements made during this presentation that set forth expectations, predictions, projections or are about future events are based on facts and situations that are known to us as of November 14, 2023. We believe that our expectations
Slide 3: Matson: At-a-Glance
3 Investor Presentation │November 2023 Matson: At-a-Glance OCEAN TRANSPORTATION • A leading U.S. carrier in the Pacific • Lifeline to economies of Hawaii, Alaska, Guam and other Pacific islands • Niche, premium, expedited services from China to Southern California • 35% ownership in SSAT that operat
Slide 4: Matson Today: Connecting the Pacific
4 Investor Presentation │November 2023 Matson Today: Connecting the Pacific
Slide 5: Investment Highlights
5 Investor Presentation │November 2023 Investment Highlights Unique Network Connecting the Pacific • Providing critical supply lifelines to economies throughout the Pacific • Strong market positions in attractive niche markets with multi-decade customer relationships • Dual head-haul economics on Ch
Slide 6: Hawaii Service
6 Investor Presentation │November 2023 Hawaii Service • 5 U.S. West Coast departures and 3 arrivals in Honolulu per week • Dedicated neighbor island barge service Overview of Service Matson’s Focus • Maintain best-in-class on-time arrival and cargo availability • Dedicated terminals and fully-integr
Slide 7: China Service
7 Investor Presentation │November 2023 China Service • Feeder services from other Asian port origins • CLX and CLX+ are premium services providing an alternative to deferred air freight and other ocean carriers • Dedicated terminal space in Long Beach with off-dock container yard • Door-to-door serv
Slide 8: China Service – Elements of Demand
8 Investor Presentation │November 2023 China Service – Elements of Demand • CLX is the fastest • CLX+ is the second fastest • Significant cost savings for 5 to 7 days of additional transit time Unmatched Destination Services: The consistency of our service is a significant differentiator in the mark
Slide 9: Alaska Service
9 Investor Presentation │November 2023 Alaska Service • Twice weekly service to Anchorage and Kodiak • Weekly service into Dutch Harbor • Matson is the only U.S. containership operator serving Kodiak and Dutch Harbor Overview of Service Matson’s Focus Current 3-Ship Deployment • Maintain excellence
Slide 10: Guam Service
10 Investor Presentation │November 2023 Guam Service • Weekly service to Guam as part of CLX service • 3-to-5 day ocean transit advantage from U.S. West Coast Overview of Service Matson’s Focus • Maintain superior service and on-time performance Market Overview • Competitors: – APL (U.S. flagged ser
Slide 11: SSAT Joint Venture
11 Investor Presentation │November 2023 SSAT Joint Venture • Matson owns a 35% interest in SSA Terminals, LLC (SSAT), the leading U.S. West Coast terminal operator – SSAT currently provides terminal and stevedoring services to carriers at 8 terminal facilities Overview SSAT is the best operator on t
Slide 12: Matson Logistics Overview and Operating Income
12 Investor Presentation │November 2023 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% $0 $10 $20 $30 $40 $50 $60 $70 $80 2017 2018 2019 2020 2021 2022 LTM 3Q23 Operating Income Margin Operating Income ($ in millions) Operating Income Operating Income Margin Matson Logistics Transportation Brokerage • Domestic a
Slide 13: Appendix
13 Investor Presentation │November 2023 Appendix
Slide 14: Appendix – Non-GAAP Measures
14 Investor Presentation │November 2023 Appendix – Non-GAAP Measures Matson reports financial results in accordance with U.S. generally accepted accounting principles (“GAAP”). The Company also considers other non-GAAP measures to evaluate performance, make day-to-day operating decisions, help inves