Myers Industries, Inc. · NYSE:MYE
Myers Industries — Q3 2012 Earnings Presentation
15 slides from Myers Industries's earnings presentation, Oct 18, 2012
Slide 1: Earnings Presentation Third Quarter 2012
Earnings Presentation Third Quarter 2012 October 18, 2012 Third Quarter 2012 Exhibit 99.2
Slide 2: Forward-looking statements
Statements in this presentation concerning the Company’s goals, strategies, and expectations for business and financial results may be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and are based on current indicators and expectations. Wheneve
Slide 3: *See reconciliation of Non-GAAP measures on slide 13
*See reconciliation of Non-GAAP measures on slide 13.
Slide 4: Myers Industries' business segments have key platforms for growth
Myers Industries’ business segments have key platforms for both organic and acquisition growth Material Handling Segment 1. Returnable Packaging 2. Storage & Safety Products Engineered Products Segment 3. Tire Repair & Retread Products 4. Specialty Molded Products Distribution Segment 5. Tire Supply
Slide 5: Jamco acquisition fits Material Handling Storage and Safety Products platform
Jamco acquisition fits the Material Handling Segment’s Storage and Safety Products Growth Platform Founded in 1995 Designer and manufacturer of heavy duty, industrial steel carts and cabinets Three manufacturing facilities located in South Beloit, Illinois Approximately 75 employees Products are sol
Slide 6: Q3 2012 Financial Summary
Q3 2012 Financial Summary
Slide 7: Segment Review — Material Handling
Segment Review — Material Handling Nillions Q3 Results om Q_ Softer sales due to a delay in customer orders offset by sales sna generated by the acquisition of sn _ Net Sales $76.2 $75 Novel $69 Q32011 Q3 2012 =Nillions . EBIT - Adjusted Q Lower manufacturing and os juste material costs drove the in
Slide 8: Segment Review — Lawn & Garden
Segment Review — Lawn & Garden ‘SMitions Net Sales Q3 Results $e 045.8 $45.3 Q Productivity improvements, material cost savings and lower distribution costs resulted in income improvement during a the quarter despite flat sales 32011 32012 year-over-year ae EBIT - Adjusted 3 $0.0 $0 coz 932012 $(1.4
Slide 9: Segment Review — Distribution
Segment Review — Distribution ‘Millions Net Sales Q3 Results so gags Q_ Sales decreased asa result of a decline in the replacement tire gas $45. industry and less equipment sales during the quarter $40 — Q3 2011 Q3 2012 Q_ The lower sales volume led to EBIT - Adjusted the decrease in income year- °
Slide 10: Segment Review — Engineered Products
Segment Review — Engineered Products ‘SMilions Net Sales Q3 Results sao as Q_ Sales strong in transplant auto 35 (due mostly to a year-over-year go $29.4 rebound) and most other end $25 ; & markets drove a significant bo _ increase in sales during the 932011 932012 quarter penis EBIT - Adjusted $6 Q
Slide 11: Outlook by segment and overall
Engineered Products Distribution Material Handling Lawn & Garden Demand in the transplant auto market should return from elevated levels to more normal levels Expect some traditional softening in demand in RV and custom markets A decline in the replacement tire industry could impact performance in t
Slide 12: Appendix
Appendix MYERS {| INDUSTRIES, INC:
Slide 13: Reconciliation of Non-GAAP Measures
Reconciliation of Non-GAAP Measures MYERS INDUSTRIES, INC. RECONCILIATION OF NON.GAAP FINANCIAL MEASURES. INCOME (LOSS) BEFORE TAXES BY SEGMENT (UNAUDITED) (Dates in milion) Quarter Ended ‘Nine Months End September September 30, ne a a Income foe aes eons sons st sue sms crn before a ted ns i Moons
Slide 14: Market Indicators
Market Indicators Material Handling MHEM index Material Handling Index z g ro) a —sipments overs ‘Source: Material Yanding Industry of America, September 2912 Lawn & Garden Housing Starts Consumer Sentiment ceumersetient [NAHB Housing Forecast PROPEL ESE vee as EEPESESLES SS rou tosiy see mMingefony
Slide 15: Slide 15