Tredegar Corporation · NYSE:TG
Tredegar — Shareholder Meeting (May 2013)
38 slides from Tredegar's shareholder meeting presentation, May 29, 2013
Slide 1: Annual Meeting of Shareholders May 22, 2013
Annual Meeting of Shareholders May 22, 2013 Exhibit 99.2
Slide 2: Tredegar - Greg Williams
Tredegar ne 2 Greg Williams
Slide 3: Board of directors nominees
* Nancy Taylor Don Cowles George Freeman John Gottwald Tom Snead * Nancy Taylor Don Cowles George Freeman John Gottwald Tom Snead
Slide 4: Tredegar - Greg Williams
Tredegar ne 2 Greg Williams
Slide 5: Tredegar - Nancy Taylor
Tredegar ne 2 Nancy Taylor
Slide 6: Tribute to Larry Scott
* Tribute to Larry Scott Excellence Innovation
Slide 7: Tribute to Duncan Crowdis
* Tribute to Duncan Crowdis Excellence Innovation
Slide 8: Forward-Looking Statements
Forward-Looking Statements * Certain statements contained in today’s presentation are forward-looking statements. Pursuant to federal securities regulations, we have set forth cautionary statements relating to those forward-looking statements in our Annual Report on Form 10-K for the year ended Dece
Slide 9: Tredegar Corporation Our Vision
Tredegar Corporation Our Vision * Inspiring confidence by delivering long-term value to all of our stakeholders by:
Slide 10: Executing on Our Growth Strategy
* Executing on Our Growth Strategy
Slide 11: *
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Slide 12: Tredegar - Kevin O'Leary
Tredegar ne 2 Kevin O’Leary
Slide 13: Financial Overview
Financial Overview Volumes in traditional Films business improving Investing in capacity expansion in 2013 Tredegar
Slide 14: Ongoing Operations – Annual Earnings Per Share
Tredegar Corporation Ongoing Operations – Annual Earnings Per Share * 1 See the Appendix to the Annual Shareholders Meeting Presentation on the company’s website at www.tredegar.com under Investor Relations/Presentations for a reconciliation of this non-GAAP financial measure. Key Drivers of 2012 Te
Slide 15: Segment Adjusted EBITDA Ongoing Operations - Annual
Segment Adjusted EBITDA Ongoing Operations - Annual * Film Products 2012 includes full year impact of Terphane acquisition (acquired in late 2011) Improved volumes in Personal Care and Surface Protection films in the second half of 2012 Bonnell Aluminum 2012 increase driven by margin improvements, f
Slide 16: Net (Debt) Cash - 2008 to 2012
Tredegar Corporation Net (Debt) Cash1 - 2008 to 2012 * 2009 Through 2012 (105) (244) (47) 27 83 72 46 103 ’12 ’11 ’10 ’09 ($ in millions) 1 See the Appendix to the Annual Shareholders Meeting Presentation on the company’s website at www.tredegar.com under Investor Relations/Presentations for a recon
Slide 17: Segment Capital Expenditures
Segment Capital Expenditures * 2013 Investments to Support Organic Growth ($ in millions) Film Products Emerging Market Capacity Expansion; Brazil $50MM Bonnell Aluminum Industry Diversification; Automotive press capacity $15MM
Slide 18: Financial Summary
Financial Summary * We are committed to driving long-term value for our shareholders
Slide 19: Delivering Confidence - Mary Jane Hellyar
Confidence Delivering Layers of Mary Jane Hellyar *
Slide 20: Market Dynamics
Market Dynamics Consumer shift to value tier Category growth in emerging markets Select opportunities in developed markets *
Slide 21: Building Our Foundation
Building Our Foundation Capturing our fair share of category growth Improving the pace and quality of our innovation pipeline Setting the standard within our industries for quality and service Realizing the full growth potential of Terphane Fully engaging all our employees to drive the business forw
Slide 22: Building Our Foundation: Growth opportunities for each business
Building Our Foundation Growth opportunities for each Business Display growth is strong: 60% for tablets and smartphones, 7% for TVs with 20% of LCD TVs sold in China Nearly doubling our capacity for polyester film and growing value-add mix Personal Care growth in India and China >10% Greater than 4
Slide 23: Building Our Foundation: Innovation pipeline
Building Our Foundation Improving the pace and quality of our innovation pipeline Build a development process that incorporates best practices across Film Products Use improved market needs assessment to drive the innovation process *
Slide 24: Building Our Foundation: Quality and service
Setting the standard within our industries for quality and service Implementing Tredegar First Class to drive operational excellence Be the partner of choice Building Our Foundation *
Slide 25: Building Our Foundation: Terphane growth potential
Building Our Foundation Realizing the full growth potential of Terphane Implement operational improvements Execute capital expansion Deliver sales growth by expanding customer base and improving mix *
Slide 26: The Future is Bright
The Future is Bright Sharpening our focus Improving processes and execution Engaging our employees for growth *
Slide 27: Bonnell Aluminum
i BONNELL th Confidence
Slide 28: Bonnell Aluminum Volume/Operating Profit Trends
Bonnell Aluminum Volume/Operating Profit Trends *
Slide 29: Bonnell Aluminum Strategy
Bonnell Aluminum (BBoNNeELL Strategy: Grow the business through market & geographic diversification
Slide 30: AACOA Acquisition
Full complement of offerings in extruding, anodizing, and fabrication Anodizing expertise Well-regarded presence in non-construction markets AACOA Acquisition *
Slide 31: AACOA Acquisition: Customer base
Diverse customer base High quality products and excellent customer service Higher margin opportunities in fabrication AACOA Acquisition *
Slide 32: AACOA Synergies
AACOA Synergies (RBonnett Consolidate scrap and billet supply Optimize the business
Slide 33: Automotive Market Initiative
Automotive Market Initiative Investment of $17 million in new equipment at Newnan, GA manufacturing facility Opportunity to meet growing demand for aluminum extrusions in automotive applications Planned start-up in 2014 *
Slide 34: Aluminum Extrusion Industry Shipments % Growth
2011-2012 Aluminum Extrusion Industry Shipments % Growth - Automotive & Light Trucks versus Other Major Markets Source: Aluminum Association Statistical Committee – May 2013 *
Slide 35: Bonnell Aluminum
Bonnell Aluminum Operational excellence Industry leadership Solidly positioned for future growth *
Slide 36: Tredegar - Greg Williams
Tredegar ne 2 Greg Williams
Slide 37: Tredegar - Rich Morrill
Tredegar ne 2 Rich Morrill
Slide 38: Q&A
Q&A *