Transcontinental Inc. Class A · TSX:TCL.A
Transcontinental Inc. Class A — Q1 2022 Earnings Presentation
13 slides from Transcontinental Inc. Class A's earnings presentation, Mar 8, 2022
Slide 1: First Quarter FY2022 results Earnings call presentation
First Quarter FY2022 results Earnings call presentation Peter Brues, President and Chief Executive Officer Donald LeCavalier, Chief Financial Officer Yan Lapointe, Director, Investor Relations March 8, 2022
Slide 2: Note to readers
Note to readers In this document, unless otherwise indicated, all financial data are prepared in accordance with International Financial Reporting Standards (IFRS) and the term ‘‘dollars’’ as well as the symbol ‘‘$’’ designate Canadian dollars. In this document, we also use non-IFRS financial measur
Slide 3: Forward-looking information
Forward-looking information Our public communications often contain oral or written forward-looking statements which are based on the expectations of management and inherently subject to a certain number of risks and uncertainties, known and unknown. By their very nature, forward-looking statements
Slide 4: Q1-FY2022 Highlights
Q1-FY2022 Highlights Revenues grew from price increases, acquisition of H.S. Crocker and higher volume Packaging Profitability impacted by inefficiencies caused by Omicron variant and higher costs Strong revenue growth from acquisitions and new contracts Printing Solid profitability despite impact o
Slide 5: Q1-FY2022 Financial Results
Q1-FY2022 Financial Results Q1-FY2022 Q1-FY2021 +$68M (+11%) from growth in all 3 sectors Revenues $690.6M $622.7M and from acquisitions of BGI Retail (Print) and H.S. Crocker (Packaging) Adj. (2) Lower subsidy ($9M), higher costs and EBITDA(1) $89.0M $108.1M inefficiencies related to Omicron varian
Slide 6: Q1-2022 Financial Results: Packaging
Q1-2022 Financial Results Packaging Revenues (in millions of $) Highlights ~1% volume growth despite capacity constraints caused by Omicron variant Adj. EBITDA(1) (in millions of $) Profitability impacted by inefficiencies related to Omicron variant and delays in passing through higher costs 6 (1) N
Slide 7: Q1-2022 Financial Results: Printing
Q1-2022 Financial Results Printing Revenues (in millions of $) Highlights 3.5% organic growth, driven by strong performance in ISM, Book and Premedia Adj. EBITDA(1) (in millions of $) Higher profitability when excluding CEWS(2) (Adj. EBITDA margin at 19.2%) Includes lower CEWS(2) (~$9M) 7 (1) Non-IF
Slide 8: FY2022 Outlook
FY2022 Outlook Generating organic volume growth(1) Packaging Increasing adjusted EBITDA(2) Gradual recovery, leading to higher revenues(1) Printing Increasing adjusted EBITDA(2,3) Generating significant cash flows from operating activities Consolidated Improving net debt ratio(2) Despite a challengi
Slide 9: Appendix
Appendix t @ TRANSCONTINENTAL www.tc.tc
Slide 10: Reconciliation of Non-IFRS Financial Measures
Reconciliation of Non-IFRS Financial Measures 10
Slide 11: Reconciliation of Non-IFRS Financial Measures (cont’d)
Reconciliation of Non-IFRS Financial Measures (cont’d) 11
Slide 12: Reconciliation of Non-IFRS Financial Measures (cont’d)
Reconciliation of Non-IFRS Financial Measures (cont’d) 12
Slide 13: www.tc.tc
t @ TRANSCONTINENTAL www.tc.tc