Accendra Health, Inc. · NYSE:ACH
Accendra Health — Owens & Minor — Barclays Global Healthcare Conference 2020
20 slides from Accendra Health's conference presentation, Mar 11, 2020
Slide 1: Barclays Global Healthcare Conference
Barclays Global Healthcare Conference March 11, 2020 | Miami, FL Barclays Global Healthcare Conference
Slide 2: Safe Harbor
This presentation is intended to be disclosure through methods reasonably designed to provide broad, non-exclusionary distribution to the public in compliance with the SEC's Fair Disclosure Regulation. This presentation contains certain ''forward-looking'' statements made pursuant to the Safe Harbor
Slide 3: Owens & Minor Overview
Owens & Minor Overview A global healthcare solutions company with integrated distribution, products, and services aligned to deliver value to the healthcare industry. 125+ 17,000 Healthcare 1,400+ 4,000+ Facilities Teammates Customers in Branded Healthcare Worldwide Worldwide 90 Manufacturers Provid
Slide 4: Reporting Segments
Reporting Segments Global Solutions Global Products Pillars InternalMedical Distribution Home Healthcare Services Global Products Leading Brands DISTRIBUTIO N my 4 Barclays Global Healthcare Conference Where indicated, Registered Trademarks or Trademarks of Owens & Minor or its affiliates. ©2018. Al
Slide 5: Approach To Market
Approach To Market We Will Provide The Highest Level of Customer Focus Along With Industry-leading Integrity. Maintaining Intense Operational Leveraging Actionable Technology and Solutions Customer Focus Excellence Data to Improve Experience Culture Shift Build A Streamlined Use The Vast Amount Of I
Slide 6: 2019 Achievements
2019 Achievements Established Foundation: • Renewed focus on Customers • Assembled world-class leadership • Restored service levels • Improved financial profile Fostering: • Results-oriented culture • Customer and supplier confidence • Ongoing debt reduction • Strong platform for share gains 6 Barcl
Slide 7: 2019 Accomplishments – Cultural Change
2019 Accomplishments – Cultural Change • High level of intensity with a laser focus on the Customer • Our Mission and Values have been woven into the fabric of our Company • “Empowering Our Customers to Advance Healthcare” • “IDEAL” Values • Integrity • Development • Excellence • Accountability • Li
Slide 8: Proven Leadership: Recruited New Directors
Mark Beck - Director Director, IDEX Corporation Past Director, Dow-Corning Corporation Past President & CEO, JELD-WEN Holding Past EVP, Danaher Corporation Past EVP, Corning Robert Henkel - Director Pres., Healthcare Transformation – THEO Group Past Pres. & CEO, Ascension Health Past COO, Ascension
Slide 9: Proven Leadership: Assembled World-Class Executive Team
Perry Bernocchi - CEO, Byram David Myers - SVP, Chief Healthcare Procurement Officer Past EVP & COO, Byram Healthcare Past Pres. & COO, Concordance Healthcare Solutions (formerly Seneca Medical) Past SVP & COO, Hemophilia Resources of America Director & Past Chair, Health Industry Distributors Assoc
Slide 10: Results-oriented Culture
Results-oriented Culture Fill Rate Shipping Accuracy 96.4% 99.9% We have restored our industry-leading service levels We are gaining positive customer reception by delivering on commitments We are driving teammate training and focus, ensuring engagement, morale and retention and driving 2018 Avg 201
Slide 11: 2019 Accomplishments - Financial
2019 Accomplishments - Financial Income Operating Cash Flow • Adjusted operating income and adjusted net • Significantly outpaced traditional annual operating income per share improved sequentially in every cash flow of $100 million per year quarter throughout 2019. • Generated $227 million in Q2 to
Slide 12: 2019 Accomplishments - Financial Reinvestment
2019 Accomplishments - Financial Reinvestment • Reinvested $56 million in capital expenditures and made significant non- capital investments • Focus on infrastructure, technology, and services • Examples • Expansion of our US manufacturing capabilities to produce non-woven, laminated fabric used in
Slide 13: Global Products Footprint
Global Products Footprint Reliable & Quick Response Supply Chain 13 Barclays Global Healthcare Conference
Slide 14: A New Sales Structure for Customer Success
A New Sales Structure for Customer Success DISTRIBUTION • Operational excellence Our new enterprise • Supply chain optimization • Supplier partnership sales structure gives you: ENTERPRISE • A single strategic point of • Strategic partner contact driving collaboration, PRODUCTS CUSTOMER value captur
Slide 15: Strong Foundation To Build On
Strong Foundation To Build On 2020 Achievements To Date Announced Movianto Sale • Selling to privately owned European logistics company • $133M sale price • Expected to close in 1st half of 2020 • Proceeds used to repay debt Improved Debt Profile • Amended credit agreement to improve financial flexi
Slide 16: 2020 Outlook - Accomplishments
2020 Outlook - Accomplishments Income 2020 Outlook • Started the year strong to deliver financial flexibility • We will not be short-term focused. We will invest and ability to deliver long-term profitable growth – for long-term profitable growth. double-digit adjusted EPS growth beyond 2020 • Gener
Slide 17: Our Offering
Our Offering • Providing our Customers with value • Providing our Customers with flexibility and adaptability to customize a mix of services and products • Not forcing our Customers into a rigid framework • Providing our Customers with risk mitigation • Providing our Customers with an offering that
Slide 18: COVID-19
COVID-19 • As a leading provider of Personal Protection Equipment (PPE), we are committed to doing our part to support healthcare providers as they care for those affected and seek to stop the spread of the virus. • A significant portion of our production capacity for PPE products in located in the
Slide 19: Well-Positioned
Well-Positioned • Strong foundation established in 2019 and long term reinvestment in the business position the Company to generate sustainable, double-digit earnings growth beyond 2020 • Strong operating cash flow • Deleveraging balance sheet • Pending sale of Movianto allows for increased focus on
Slide 20: Thank You.
Thank You. 20 Barclays Global Healthcare Conference
Owens & Minor — Barclays Global Healthcare Conference 2020 on 6ix