Myers Industries, Inc. · NYSE:MYE

Myers Industries — Q1 2013 Earnings Presentation

13 slides from Myers Industries's earnings presentation, Apr 24, 2013

  1. Slide 1: First Quarter 2013 Earnings Presentation

    April 24, 2013 Earnings Presentation First Quarter 2013

  2. Slide 2: Safe Harbor Statement

    Safe Harbor Statement Statements in this presentation concerning the Company’s goals, strategies, and expectations for business and financial results may be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and are based on current indicators and

  3. Slide 3: First Quarter 2013 Financial Summary

    First Quarter 2013 Financial Summary Q1 Q1 • Net sales increased 8.1% Highlights 2013 2012 B/(W) • Novel and Jamco Net sales $215.0 $198.8 8.1% acquisitions generated most of the 23% increase in Gross margin 27.1% 29.2% -7.2% Material Handling • Lawn & Garden sales SG&A $45.1 $40.9 -10.3% increased

  4. Slide 4: First Quarter 2013 Financial Summary: Cash and Balance Sheet

    First Quarter 2013 Financial Summary Three Months Ended Three Months Ended Cash March 31, March 31, Highlights 2013 2012 Cash used in Operations ($6.5) ($6.4) Capital expenditures $4.5 $3.1 Free cash flow ($11.0) ($9.5) Dividends - $2.3 Balance Sheet March 31, December 31, Highlights 2013 2012 Long-

  5. Slide 5: Segment Review – Material Handling

    Segment Review – Material Handling $ Millions Net Sales Q1 Results $90 $80.0 • Net sales increase of 23% $80 $70 $65.2 due mostly to Novel & Jamco $60 $50 acquisitions $40 $30 $20 $10 $0 Q1 2012 Q1 2013 EBIT - Adjusted • A less favorable customer $15 $13.2 and product mix compared $12 $9.9 to last y

  6. Slide 6: Segment Review – Lawn & Garden

    Segment Review – Lawn & Garden $ Millions Q1 Results Net Sales $62 • New products sales $59 $59.2 $60.4 resulting from our Innovation initiative $56 contributed to the $53 increase in net sales $50 during the quarter Q1 2012 Q1 2013 EBIT - Adjusted • Productivity and material $3 $2.7 cost savings co

  7. Slide 7: Segment Review – Distribution

    Segment Review – Distribution $ Millions Q1 Results Net Sales $45 $42.7 $42.6 • Sales of new products $40 contributed to total net sales during the quarter $35 $30 $25 Q1 2012 Q1 2013 EBIT - Adjusted • A less favorable product mix $5 of equipment vs. supplies $3.9 and planned IT expenses $2.9 contri

  8. Slide 8: Segment Review – Engineered Products

    Segment Review – Engineered Products $ Millions Net Sales Q1 Results $40 $37.2 $37.0 • Strong marine sales during $35 the quarter were offset by $30 more normal demand in $25 the transplant auto market $20 compared to last year Q1 2012 Q1 2013 EBIT - Adjusted • Productivity $6 $5 $4.7 $5.1 improveme

  9. Slide 9: Q2 & Full Year 2013 Outlook

    Q2 & Full Year 2013 Outlook Q2 & Full-Year Outlook • Material Handling • Q2 and full year results will benefit from the recent acquisitions and new product introductions • Lawn & Garden • Expect results to continue to improve year-over-year driven by new products, cost reductions, material substitut

  10. Slide 10: Appendix

    USTRIESE Appendix

  11. Slide 11: Reconciliation of Non-GAAP Measures

    Reconciliation of Non-GAAP Measures MYERS INDUSTRIES, INC. RECONCILIATION OF NON-GAAP FINANCIAL MEASURES INCOME (LOSS) BEFORE TAXES BY SEGMENT (UNAUDITED) (Dollars in millions) Quarter Ended March 31 2013 2012 Material Handling Income before taxes as reported $ 9.7 $ 13.2 Restructuring expenses 0.2

  12. Slide 12: Market Indicators

    Market Indicators Material Handling Lawn & Garden Housing Starts MHEM Index Consumer Sentiment Material Handling Index Annual rate of change 30.0 NAHB Housing Forecast Consumer Sentiment 2,500 40.0 100.0 40.0 20.0 30.0 30.0 Annual Rate of Change 80.0 Housing Activity (000) Percent Change (y/y) 2,000

  13. Slide 13: Leaders in Brands Helping Customers Grow

    Leaderst 3rands Helping Customers Grow!

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