Slide 1: Second Quarter 2014 Financial Review and Analysis
Second Quarter 2014 Financial Review and Analysis (preliminary, unaudited) Supplemental Presentation Materials Unless otherwise indicated, the discussion of the company’s results is focused on its continuing operations, and comparisons are to the same period in the prior year. July 25, 2014
Slide 2: Forward-looking statements
Certain statements contained in this document are "forward-looking statements" intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements, and financial or other business targets, are subject to certain
Slide 3: Use of Non-GAAP Financial Measures
Use of Non-GAAP Financial Measures This presentation contains certain non-GAAP financial measures as defined by SEC rules. These non-GAAP financial measures are not in accordance with, nor are they a substitute for or superior to, the comparable GAAP financial measures. Reconciliations of non-GAAP f
Slide 4: Second Quarter Overview
Second Quarter Overview Earnings in line with company’s expectations Sales up approx. 4% on reported and organic basis driven by 6% organic sales growth in PSM and a 1% decline in RBIS Operating margin declined 230 basis points due to restructuring costs primarily related to consolidation of PSM ope
Slide 5: Sales Trend Analysis
2Q13 3Q13 4Q13 1Q14 2Q14 Organic Sales Change 5.0% 3.6% 6.6% 4.9% 4.0% Currency Translation (0.6%) 0.7% 0.2% (1.2%) 0.1% Reported Sales Change* 4.2% 4.0% 6.8% 3.4% 4.1% Sales Trend Analysis *Totals may not sum due to rounding and other factors.
Slide 6: Segment Sales and Margin Analysis
Segment Sales and Margin Analysis 2Q14 Reported Organic Sales Growth: Pressure-sensitive Materials 6% 6% Retail Branding and Information Solutions (1%) (1%) Vancive Medical Technologies 9% 6% Continuing Operations 4% 4% Adjusted As Reported (Non-GAAP) 2Q14 2Q13 2Q14 2Q13 Operating Margin: Pressure-s
Slide 7: Second Quarter Segment Overview
Second Quarter Segment Overview PRESSURE-SENSITIVE MATERIALS (PSM) Reported sales of $1.18 bil., up approx. 6% compared to prior year on reported and organic basis Label and Packaging Materials sales up mid-single digits on organic basis Combined sales for Graphics, Reflective, and Performance Tapes
Slide 8: Key Contributing Factors to Updated 2014 EPS Guidance
Key Contributing Factors to Updated 2014 EPS Guidance Organic sales growth of ~4% (excludes benefit of extra week of sales) 53 weeks in 2014 fiscal year; 14 weeks in fourth quarter (expected to add ~1% to reported sales growth, slightly impact earnings, and create modest headwind to free cash flow)
Slide 9: A se. | Inspired Brands.
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