Balchem Corporation · NASDAQ:BCPC
Balchem — Investor Presentation (January 2024)
14 slides from Balchem's investor presentation, January 2024
Slide 1: Investor Presentation January 2024
Investor Presentation January 2024 1
Slide 2: Safe Harbor Statement
Safe Harbor Statement • During the course of this presentation, management may make forward-looking statements regarding financial performance and future events. • We will attempt to identify these statements by use of words such as expect, believe, anticipate, intend, and other words that denote fu
Slide 3: Balchem Corporation
Balchem Corporation Balchem develops, manufactures, and markets specialty ingredients that help make the world a healthier place Corporate Headquarters 21 Manufacturing Sites 7 Technology Centers 7 Regional Offices At a Glance Three Business Segments – 2022 Revenue • Founded in 1967 Human Nutrition
Slide 4: Balchem's Value Proposition
Balchem’s Value Proposition Value to our Customers Enabling Technologies • High efficacy nutrients essential for life • Enhanced animal health and feed productivity Choline • Functional ingredient systems formulations and application expertise • Crop protection and yield improvement Encapsulation Co
Slide 5: Segment Overview
Segment Overview Leveraging Solutions Across Segments Segment Markets Served Solutions 14% Human Nutrition • Nutritional Supplements • Microencapsulation & Health • Food and Beverage • Choline and Vitamin K2 98% Nutrition & Health • Infant and Toddler Formula • Chelated Minerals 56% 28% (% of sales)
Slide 6: Our vision, mission and core values
Our vision Our mission is clear – to make the world a healthier place. is focused – to build a global nutrition and health company delivering trusted, innovative and science-based solutions to our customers. Our Core Values Always doing Thinking big Collaborating and Playing Staying focused the righ
Slide 7: Sustainability at Balchem
Sustainability at Balchem Making the World a Healthier Place Our Sustainability Objectives & Framework Our 2030 Sustainability Goals Balchem commits to reducing our GHG emissions use by 25% Balchem commits to reducing our global water use by 25% 1.4 billion The total number of people impacted is cal
Slide 8: Strategic Focus
Strategic Focus • Strengthening Positions in Attractive, Growing Markets – Building scale, adding adjacent capabilities, expanding market and geographic reach, broadening our portfolio of solutions, investing in new science, enabling market awareness • Driving Organic Growth – Creating new demand th
Slide 9: Growth Platforms
Growth Platforms Multiple platforms to drive growth Human Nutrition & Health Animal Nutrition & Health Specialty Products • Realize Choline and Vitamin K2 market • Rumen-protected nutrients for Dairy • Plant micronutrients penetration and potential • Reashure® penetration application • Transition fr
Slide 10: Historical Financials
Historical Financials Consistent performance over the years SALES ($M) ADJ. EBITDA ($M) 216 942 +9.6% +7.9% CAGR CAGR 190 799 174 704 159 160 644 644 148 595 2017 2018 2019 2020 2021 2022 2017 2018 2019 2020 2021 2022 ADJ. NET EARNINGS ($M) ADJ. EPS ($/share) +9.8% 131 +9.8% 4.03 CAGR CAGR 117 3.57
Slide 11: Q3 Year to Date 2023 Financial Summary
Q3 Year to Date 2023 Financial Summary Solid year to date performance in challenging environment Sales Adj. EBITDA Adj. Net Earnings Adj. EPS ($M) ($M) ($M) ($/share) -2.3% 6.9% 1.4% 1.3% 709.8 693.7 175.1 163.8 100.2 98.8 3.09 3.05 3Q YTD 22 3Q YTD 23 3Q YTD 22 3Q YTD 23 3Q YTD 22 3Q YTD 23
Slide 12: Free Cash Flow Conversion
Free Cash Flow Conversion Translating profits into cash, 2022 impacted by significant cost inflation 140% Free Cash Flow as % of Non-GAAP Net Earnings 120% 109% 107% 105% 102% 102% 100% 93% 96% 79% 80% 60% 69% 40% 20% 0% 2015 2016 2017 2018 2019 2020 2021 2022 Q3'23 YTD 12
Slide 13: Balchem
Balchem A global nutrition and health company delivering trusted, innovative and science-based solutions to our customers • Leading positions in attractive markets • Creating new demand through innovation • Strong financial performance, delivering healthy margins and cash flows available for reinves
Slide 14: Thank you
“SSI balchem: e.° Solve Today. Shape Tomorrow. Thank you