Rogers Sugar Inc. · TSX:RSI
Rogers Sugar — Q3 2024 Earnings Presentation
12 slides from Rogers Sugar's earnings presentation, Aug 8, 2024
Slide 1: Q3 2024 Investor Presentation
Q3 2024 Investor Presentation Rogers Sugar Inc. TSX: RSI August 8, 2024 The Canadian Leader In Quality Sugars And Sweeteners Since 1888
Slide 2: Forward-looking Statements
Forward-looking Statements This report contains statements or information that are or may be “forward-looking statements” or “forward-looking information” within the meaning of applicable Canadian Securities laws. Forward-looking statements may include, without limitation, statements and information
Slide 3: Our Strategy
Our Strategy Rogers Sugar Inc. We seek to generate consistent, TSX: RSI profitable and sustainable growth The holding company of Lantic Inc. by optimizing our business to take advantage of the very favourable Canadian economics and demand trends in Sugar and to drive stronger performance and margins
Slide 4: Investment Highlights
Investment Highlights • Compelling fundamentals in our Sugar business, representing ~80 per cent of revenue, with diversification provided by our Maple business • As the largest publicly traded Canadian sweetener producer, Rogers offers investors the opportunity to benefit from 1. Growth in the Nort
Slide 5: Favourable Market Dynamics
Favourable Market Dynamics • North America is one of the largest sweetener Canada offers many advantages markets in the world for manufacturers of sugar containing products • Mexico and U.S. markets are in deficit and cannot meet demand domestically • Favourable sugar economics • Sugar economics fav
Slide 6: Q3 Highlights
Q3 Highlights Continued strong 18% Year-over-year increase in consolidated revenue performance in both Sugar and Maple segments Construction 45% Adjusted EBITDA sets new Q3 record with 45% increase over Q3 2023 underway at LEAP project 50% Increase in trailing twelve months’ Executing on Rogers free
Slide 7: Rogers Refined
Rogers Refined Better company, STRATEGIC Modernizing, Driving Maintaining a strong Advancing better FOCUS optimizing and profitability Balance Sheet our ESG growing in Sugar in Maple program investment. LONG-TERM Modernized, expanded Automated and efficient Balanced financing ESG focus where it Cons
Slide 8: RESULTS
RESULTS
Slide 9: Revenue and Profit Growth from Sugar and Maple
Revenue and Profit Growth from Sugar and Maple • Healthy market conditions in both Sugar and Maple segments • Revenue increased by 17.9% year-over-year • Adjusted EBITDA of $34.5 increased by 45.2% year-over-year • Maple accounted for 18.3% of revenue for the quarter REVENUE ADJUSTED EBITDA ($millio
Slide 10: Sugar Shows Consistent, Profitable Growth
Sugar Shows Consistent, Profitable Growth • Sugar segment revenue increased by 17.0% year-over-year • Sugar segment adjusted EBITDA of $30.1 million increased by 45.3% year-over-year • Margin benefitted from robust sugar price and contribution from overall business performance • Sugar segment accoun
Slide 11: Operating Efficiency Drives Profits in Maple
Operating Efficiency Drives Profits in Maple • Maple segment revenue increased by 21.9% year-over-year • Maple segment adjusted EBITDA of $4.4 million increased by 44.3% year-over-year • Shows benefits of historical investment in automation and process efficiency • Strong maple crop supports invento
Slide 12: Outlook for 2024
Outlook for 2024 • Management continues to focus on optimizing the business and delivering consistent, sustainable and profitable growth • Rogers Refined plan gives roadmap for future growth • Financial results in 2024 expected to exceed 2023 record • Continued strong long-term North American demand