Transcontinental Inc. Class A · TSX:TCL.A
Transcontinental Inc. Class A — Q2 2021 Earnings Presentation
14 slides from Transcontinental Inc. Class A's earnings presentation, Jun 9, 2021
Slide 1: Second Quarter 2021 results Earnings call presentation
Second Quarter 2021 results Earnings call presentation June 9, 2021 François Olivier, President and Chief Executive Officer Donald LeCavalier, Chief Financial Officer Yan Lapointe, Director, Investor Relations www.tc.tc
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: Q2 2021 Highlights
Q2 2021 Highlights Solid results despite significant headwinds from higher resin price and exchange rate Packaging Sustainability continues to be a major company focus and R&D priority Return to organic growth Increasing profitability despite continued impacts from the Printing pandemic Strong momen
Slide 5: Corporate Social Responsibility (CSR) in Action
Corporate Social Responsibility (CSR) in Action COVID-19 Vaccination Participating in the collective vaccination effort by opening a COVID-19 vaccination centre in Montréal. Sustainable Packaging Winner in Innovations at the Flexographic Technical Association (FTA) Sustainability Excellence Award co
Slide 6: Q2 2021 Financial Results
Q2 2021 Financial Results Highlights -3.9% FX; +3.6% organic growth Revenues $623.3M First quarter of organic growth in Print since Q3 2018 Print Adjusted EBITDA grew by 25% Adj. EBITDA(1) $107.0M Increase in Packaging Adjusted EBITDA (excluding FX and resin) +26.8% (+$11.8M) improvement versus Q2 E
Slide 7: Q2 2021 Financial Results: Packaging
Q2 2021 Financial Results Packaging Revenues (in millions of $) Highlights 4.9% organic growth mainly from higher resin prices Excluding resin, YTD organic growth at ~2.5% and expect full year close to 3% Average CAD/USD at $1.26 in Q2 2021 vs. $1.36 in Q2 2020 Adj. EBITDA(1) (in millions of $) Incl
Slide 8: Q2 2021 Financial Results: Printing
Q2 2021 Financial Results Printing Revenues (in millions of $) Highlights First quarter of organic growth since Q3 2018 Expect solid organic growth in H2 2021 Adj. EBITDA(1) (in millions of $) Very solid profitability in Q2 2021 despite impact of COVID-19 Margin of 25.1% (22.5% excluding CEWS(2)) fr
Slide 9: Demonstrated ability to deleverage rapidly using solid free cash flow
Demonstrated ability to deleverage rapidly using solid free cash flow Net indebtedness1 (in millions of $) and net indebtedness ratio1 2 Lease liabilities 3.5 Net indebtedness (excl. Lease liabilities) 3.1 3.0 Net indebtedness ratio (excl. IFRS 16) 2.8 2.7 Net indebtedness ratio (incl. IFRS 16) 2 2.
Slide 10: Conclusion
Conclusion Strong quarter with solid performance across all sectors Well positioned to grow organically in the second half of the year Solid financial position, generating strong and consistent cash flows providing the flexibility to grow organically and through acquisitions 10
Slide 11: Appendix
Appendix tc @ TRANSCONTINENTAL www.tc.tc
Slide 12: Reconciliation of Non-IFRS Financial Measures
Reconciliation of Non-IFRS Financial Measures 12
Slide 13: Reconciliation of Non-IFRS Financial Measures (cont'd)
Reconciliation of Non-IFRS Financial Measures (cont’d) 13
Slide 14: www.tc.tc
t @ TRANSCONTINENTAL www.tc.tc