Myers Industries, Inc. · NYSE:MYE

Myers Industries — Investor Presentation (March 2013)

26 slides from Myers Industries's investor presentation, Mar 19, 2013

  1. Slide 1: Myers Industries, Inc. Investor Presentation

    March 2013 Myers Industries, Inc. Investor Presentation

  2. Slide 2: Forward Looking Statements

    resentaonForwardLookingStatementsStatementsinthispresentationconcerningtheCompany’sgoals,strategies,andexpectationsforbusinessandfinancialresultsmaybe“forward-lookingstatements“withinthemeaningofthePrivateSecuritiesLitigationReformActof1995andarebasedoncurrentindicatorsandexpectations.Wheneveryourea

  3. Slide 3: Company at a Glance

    CompanyataGlanceNYSE:MYEFoundedin1933HeadquarteredinAkron,OH3,378employeesDiversi?edInternaonalmanufacturerofpolymerproductsandwholesaledistributorfoursegmentsthatoperatesin

  4. Slide 4: Business Segments

    Business Segments SBBUCKHORN Hlaxno-nmus: Material Handlin: 8 gl : 9 Jonze ON) | : ars avers Ayers nates : Lawn & Garden ‘awa Garden Gow | : eat tnds fo steps ys, ast ard crate ein plants : : forte peso gor rs andl gen cts, Engineered Products Ramis Kind | t rretd plastic congress poland eet pads :

  5. Slide 5: Vision for Profitable Growth

    VisionforProfitableGrowthMyersIndustriesisandwillconnuetobe:AdiversifiedindustrialcompanyfocusedonfivekeygrowthplaormsinnichemanufacturingandresupplydistribuonAdecentralizedbusinessrootedinstrongbrandsTheleaderinitsindustries,deliveringcustomerdedicaonandstrongfinancialresultsthrough…InnovaonOperaon

  6. Slide 6: Growth Platforms

    GrowthPlaormsWewillconnuouslyupgradethevalueofMyersthroughdisciplinedporoliomanagementandastructuredorganizaonoperangaroundmarket-­basedgrowthplaorms

  7. Slide 7: Growth platform strategies by segment

    aormtwthReturnableDriveconversionstoreusableproductsthoughMaterialHandlingfurtherpenetraonoffood,liquid,bulksolidsandPackagingagriculturalmarkets.Storage&SafetyFurthergrowplaormwithacquisions.StrengthencompeveadvantagethroughProductsMaterialHandlingdistribuonchannels.TireRepair&Leverageproductandcus

  8. Slide 8: Innovative New Products in 2012

    InnovaveNewProductsin2012

  9. Slide 9: Lawn & Garden internal cost reduction project

    IInternalprojectinLawn&GardenSegmenttodriveoutcosts,increaseproducvityandimprovepro?tabilityAncipatedtoyieldannualsavingsofapproximately$5millionby2014Addressessub-­segmentsofthebusinessindividuallyNursery–variouscostreduconeffortstoimproveprofitabilityGreenhouse–takeaconstosimplify,consolidateandba

  10. Slide 10: Financial goals and targets

    Generatereturnsabovecost-­of-capitalProducestrongfreecash?owAchieveorganicgrowth>1.5xGDPdevelopedRealizesalesinfromthelastthreenewproducts,yearsofservices>10%orofmarketstotalsalesTargeta5%reduconinCOGSeachyearMaintainstrong?nancialposionBalancedapproachtocapitalallocaonincludingreturningcashtoshareh

  11. Slide 11: Progress in Accomplishing Goals

    ProgressinAccomplishingGoalsKeyMetrics*ROIC=NetOperatingProfitAfterTax/(Debt+Equity).**NPD=NewProductDevelopment.Calculationbasedonproducts/servicesintroducedwithinlast3years

  12. Slide 12: 2012 accomplishments

    Achieved40%increaseinadjustedEPS$0.94comparedto$0.67in2011CompletedtwostrategicacquisionswhichwereaccreveNovel&JamcoservicesAspartofwereInnovaintroducedoniniavemorethan40newproductsand6%oftotalsalesin2012camefromproducts,servicesormarketsdevelopedinthelastthreeyears.Realized$16millioninOperaonsExcel

  13. Slide 13: Debt & Debt-to-Capital; Cash Flow Generation

    Debt&Debt-to-CapitalNote:1)Debt-to-Capitalratiocalculatedasdebt/(debt+equity).Wellpositionedtomakeselective,highreturninvestmentsSolidCashFlowGeneraonFreeCashFlow$(Millions)Notes:1)Freecashflowcalculatedascashflowfromcontinuingoperationslesscapitalexpenditures

  14. Slide 14: Solid Cash Flow Generation

    SolidCashFlowGeneraonFreeCashFlow$(Millions)Notes:1)Freecashflowcalculatedascashflowfromcontinuingoperationslesscapitalexpenditures.

  15. Slide 15: Capital allocation priorities

    1)MaintaintheBusiness2)GrowStakeholderValueOrganicGrowthCapExProcessImprovementsNewProductDevelopmentAcquisions3)ReturnCapitaltoStakeholdersDividendsShareRepurchasesDebtReducon

  16. Slide 16: Dividend paid every year since public in 1971

    DividendpaideveryyearsincePublicin1971DividendsPaidNotes:1)Aboveadjustedforstockdividendsandsplitsin2000,2001,2002and2004.2)In2007therewasanadditionalspecialdividend(notshownabove)of$0.28or$9.9Maccruedbutnotpaiduntil2008,resultingfromamergerterminationpayment.3)In2012therewasanaccelerateddividendpai

  17. Slide 17: Q1 and Full Year Outlook

    Q1OutlookMaterialHandlingSeasonalityinBrazilwillunfavorablyimpactthequarterLawn&GardenQ4Solid2012ordertoacQ1vity2013quarter-­-to-­-dateshouldbene?ttheontopquarterofthedelayincustomerdemandfromDistribuonconAncipatenuedweakcapturingmarketplacegreatersharesofbothequipmentandsuppliessalesi naEngineeredP

  18. Slide 18: Focused Strategy

    FocusedstrategyCustomerDedicaonInnovaonOperaonsExcellenceOrganizaonDevelopmentFinancialStrengthTargetedGrowthPlaormsReturnablePackagingStorage&SafetyProductsTireRepair&RetreadProductsSpecialtyMoldingTireSupplyDistribuonImprovedperformanceGrossmargins,earnings,cash?ow,returnsStrongand?exiblebalancesh

  19. Slide 19: Appendix

    Appendix

  20. Slide 20: Strategic Principles

    StrategicPrinciplesCustomerStructuretheorganizationclosertothecustomer-decentralizeBuildandmaintainprocessestomaximizecustomerinputDedicationLeadourindustriesinservice,qualityanddeliveryKeyDelivernext-generationproducts/servicesinhighnichemarketsInnovationUtilize“VoiceoftheCustomer“toolsMarketbaseds

  21. Slide 21: Portfolio Evolution

    Portfolio Evolution Evolution of the Myers Industries Business Portfolio > » — a >

  22. Slide 22: Material Handling Index

    MaterialHandlingMHEM(MaterialHandlingEquipment)IndexMaterialHandlingIndexAnnualrateofchangeSource:MaterialHandlingIndustryofAmerica,January2013Forecast

  23. Slide 23: Lawn & Garden: Housing Starts; Consumer Sentiment

    Lawn&GardenHousingStarts;ConsumerSentimentSources:NationalAssociationofHomeBuilders(NAHB);Feb2013ThomsonReuters/UniversityofMichigan

  24. Slide 24: Macro Indicators: Distribution

    MacroIndicatorsDistributionReplacementTireShipments;MilesDriven;FuelPricesKeyIndicatorsfortheTireMarketSource:JPMorgan,RMA,EnergyInformationAdministration

  25. Slide 25: Macro Indicators: Engineered Products

    MacroIndicatorsEngineeredProductsRVIA;MotorVehicleandPartsProductionSource:RVIAForecasts,Dec2012Source:FRBG17Release(Jan2013);MAPIForecast,Dec2012

  26. Slide 26: Slide 26

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