Yellow Corporation · OTC:YELLQ
Yellow — YRC Worldwide — Q2 2019 Earnings Presentation
8 slides from Yellow's earnings presentation, Aug 9, 2019
Slide 1: YRC Worldwide Second Quarter 2019 Earnings Conference Call
YRC WORLDWIDE Second QUARTER 2019 EARNINGS CONFERENCE CALL Exhibit 99.2
Slide 2: Consolidated
CONSOLIDATED YRCW Revenue YRCW Operating Income (in millions) (in millions) $5,092 $5,069 $140 $144 $143 2014 2015 «2016 ©«2017 2018 ©2018-2019 2014 2015 2016 «2017-2018 «2018 2019 LT™ LT™ LT™, LT™, ay YRC }4NRY
Slide 3: Continue to de-risk the balance sheet
Continue to de-risk the balance sheet. Funded Debt to Adjusted EBITDA ratio down 1.45 turns. Note: Funded debt balances based on par value Leverage ratio
Slide 4: YRCW's credit ratings and covenants
YRCW’s credit ratings as of June 30, 2019: Standard & Poor’s Corporate Family Rating was B- with Stable outlook YRCW’s credit ratings as of July 25, 2019: Moody’s Investor Service Corporate Family Rating was B2 with Stable outlook Credit facility covenants 3.12x LTM as of 2Q 2019
Slide 5: Key Segment Information
KEY SEGMENT INFORMATION (a) Percent change based on unrounded figures and not the rounded figures presented
Slide 6: Key Segment Information
KEY SEGMENT INFORMATION (a) Percent change based on unrounded figures and not the rounded figures presented With the enhanced focus of service and product expansion and the launch of HNRY Logistics in late 2018, our increase in shipments over 10,000 pounds is growing, impacting the year-over-year re
Slide 7: EBITDA Reconciliation (Consolidated)
(a) Certain reclassifications have been made to prior years to conform to current year presentation (b) Certain property gains are added back in the calculation of Adjusted EBITDA pursuant to the Term Loan Agreement which permits gains from the sale of excess property with continuing operations. (c)
Slide 8: EBITDA Reconciliation (Segment)
($ in millions) EBitda reconciliation (segment) (a) Certain reclassifications have been made to prior years to conform to current year presentation (b) Certain property gains are added back in the calculation of Adjusted EBITDA pursuant to the Term Loan Agreement which permits gains from the sale of