Reynolds Consumer Products Inc. · NASDAQ:REYN
Reynolds Consumer Products — Q2 2021 Earnings Presentation
13 slides from Reynolds Consumer Products's earnings presentation, Aug 2, 2021
Slide 1: Second Quarter 2021 Earnings Presentation
Second Quarter 2021 Earnings Presentation August 2, 2021
Slide 2: Disclaimer
Disclaimer Forward-Looking Statements and Other Information This presentation contains statements reflecting our views about our future performance that constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including our third quarter and
Slide 3: Second Quarter Results
Second Quarter Results $873m $148m 17% Net Revenues Adj. EBITDA Adj. EBITDA margin for the second quarter ended 6/30/2021 Cooking products Waste & Storage products Tableware Segments Reynolds Cooking & Baking Hefty Waste & Storage Presto Products Hefty Tableware Second Net Revenues $303m Net Revenue
Slide 4: Fiscal Year 2021 Guidance
Fiscal Year 2021 Guidance Metric Fiscal Year Guide 2021 High single-digit growth (compared to Net Revenues $3,263 million in FY20) Net Income $311 million to $332 million Adjusted Net Income $323 million to $344 million Adjusted EBITDA $590 million to $620 million EPS $1.48 to $1.58 Adjusted EPS $1.
Slide 5: Third Quarter 2021 Guidance
Third Quarter 2021 Guidance Metric Third Quarter Guide 2021 High single-digit growth (compared to Net Revenues $823 million in Q3 2020) Net Income $59 million to $66 million Adjusted Net Income $63 million to $70 million Adjusted EBITDA $125 million to $135 million EPS $0.28 to $0.31 Adjusted EPS $0
Slide 6: Free Cash Flow Profile
Free Cash Flow Profile For the Quarter Ended June 30, 2021 ($ in millions) 2021 2020 Cash from operations $9 $258 Change in related party payables 2 - Change in related party receivables (2) 5 Change in related party accrued interest payable - - Interest expense, net, related party borrowings - - Re
Slide 7: ESG Framework
ESG Framework Simplify daily life to enjoy what matters most Environmental and social issues affect not only the communities in which we operate, but also the long-term sustainability of our business. Our Products Our People Our Communities Goals We will offer products and We will relentlessly pursu
Slide 8: Appendix
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Slide 9: Adjusted EBITDA Reconciliation
Adjusted EBITDA Reconciliation Reynolds Consumer Products Inc. Reconciliation of Net Income to Adjusted EBITDA (amounts in millions) Three Months Ended June 30, 2021 2020 Net income – GAAP $ 80 $ 112 Income tax expense 25 36 Interest expense, net 12 17 Depreciation and amortization 27 24 IPO and sep
Slide 10: Net Debt Reconciliation
Net Debt Reconciliation Reynolds Consumer Products Inc. Reconciliation of Net Debt (amounts in millions) As of June 30, 2021 Current Portion of Long-Term Debt $ 25 Long-Term Debt 2,097 Total Debt $ 2,122 Cash and Cash Equivalents (49) Net Debt (Non-GAAP) $ 2,073 9
Slide 11: Adjusted Net Income and EPS Reconciliation
Adjusted Net Income and EPS Reconciliation Reynolds Consumer Products Inc. Reconciliation of Net Income and EPS to Adjusted Net Income and Adjusted EPS (amounts in millions, except per share data) Three Months Ended June 30, 2021 Three Months Ended June 30, 2020 Net Diluted Diluted Net Diluted Dilut
Slide 12: Adjusted Net Income and EPS 2021 Guidance Reconciliation
Adjusted Net Income and EPS 2021 Guidance Reconciliation Reynolds Consumer Products Inc. Reconciliation of Q3 2021 Net Income and EPS Guidance to Adjusted Net Income and Adjusted EPS Guidance (amounts in millions, except per share data) Net Income Diluted Shares Diluted Earnings Per Share Low High O
Slide 13: Reynolds Consumer Products
Reynolds Y Consumer Products
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