Advanced Drainage Systems, Inc. · NYSE:WMS
Advanced Drainage Systems — Q1 FY2022 Earnings Presentation
13 slides from Advanced Drainage Systems's earnings presentation, Aug 5, 2021
Slide 1: Q1 FY 2022 Financial Results
Q1 FY 2022 Financial Results August 5, 2021
Slide 2: Management Presenters
Management Presenters 2 Scott Barbour President and Chief Executive Officer Scott Cottrill Executive Vice President, Chief Financial Officer Mike Higgins Vice President, Corporate Strategy & Investor Relations
Slide 3: Forward Looking Statements and Non-GAAP Financial Metrics
Forward Looking Statements and Non-GAAP Financial Metrics 3 Certain statements in this press release may be deemed to be forward-looking statements. These statements are not historical facts but rather are based on the Company’s current expectations, estimates and projections regarding the Company’s
Slide 4: Q1 Fiscal 2022 Revenue Highlights
Q1 Fiscal 2022 Revenue Highlights 4 Domestic residential sales increased 27%, driven by favorable dynamics and material conversion in new home construction and on-site septic solutions. International sales increased 82%, driven by double-digit growth in Canadian, Mexican and Exports businesses. Dema
Slide 5: Q1 Fiscal 2022 Highlights
Q1 Fiscal 2022 Highlights 5 Working to offset continued inflationary cost pressure through internal initiatives, synergy programs and pricing actions. Cash conversion on plan and continues to fund organic investments in growth, capacity and productivity, as well as share repurchases. Strong top line
Slide 6: Q1 Fiscal 2022 Financial Performance
Q1 Fiscal 2022 Financial Performance 6 (650) bps (USD, in millions) +31.6% $159.5 $24.0 $10.9 ($9.2) $166.6 Revenue Adj. EBITDA ($18.6) $509 $669 31.4% 24.9%
Slide 7: Free Cash Flow and Capital Structure
Free Cash Flow and Capital Structure 7 Free Cash Flow (¹) Note: all figures in USD, $mm. Figures may not add due to rounding. Operating Cash Flow less capital expenditures Inventory, Trade Receivables, Accounts Payable Legal, accounting and other professional fees incurred in connection with busines
Slide 8: Updated Fiscal Year 2022 Guidance
Updated Fiscal Year 2022 Guidance 8 Fiscal 2022 Expectations
Slide 9: Q&A
/IADS Q&A
Slide 10: Closing Remarks
Closing Remarks 10 Strategies in place to offset inflationary cost pressure on materials, transportation and labor through favorable pricing and productivity initiatives. Strong profitability and free cash flow conversion expected to enable investment in growth, productivity, safety and other strate
Slide 11: Appendix
Appendix MDDS
Slide 12: Reconciliations
Reconciliations ‘Three Months Ended Tune 30,3021 Tune 30,2020 Tntersegment Net___Net Sales fom Thteriegment Net___ Net Sales fom Net Sales Sales Exgemal Customers _Net Sales Sales Extemal Customers Pipe T0103 Ta S$ ior Te Tsay 807 Infiltrator Water Technologies 126,742, (19,037) 107,705 (18,068) 84,
Slide 13: Reconciliations
Reconciliations 13 Includes expenses directly related to our response to the COVID-19 pandemic, including adjustments to our pandemic pay program and expenses associated with our 3rd party crisis management vendor. Includes derivative fair value adjustments, foreign currency transaction (gains) loss
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