Matson, Inc. · NYSE:MATX
Matson — Investor Presentation (February 2023)
15 slides from Matson's investor presentation, Feb 7, 2023
Slide 1: Investor Presentation February 2023
1 Investor Presentation │February 2023 Investor Presentation February 2023
Slide 2: Forward-Looking Statements
2 Investor Presentation │February 2023 Forward-Looking Statements Statements made during this presentation that set forth expectations, predictions, projections or are about future events are based on facts and situations that are known to us as of February 7, 2023. We believe that our expectations
Slide 3: Matson: At-a-Glance
3 Investor Presentation │February 2023 Matson: At-a-Glance OCEAN TRANSPORTATION • A leading U.S. carrier in the Pacific • Lifeline to economies of Hawaii, Alaska, Guam and other Pacific islands • Niche, premium, expedited services from China to Southern California • 35% ownership in SSAT that operat
Slide 4: Matson Today: Connecting the Pacific
4 Investor Presentation │February 2023 Matson Today: Connecting the Pacific
Slide 5: Investment Highlights
5 Investor Presentation │February 2023 Investment Highlights Unique Network Connecting the Pacific • Providing critical supply lifelines to economies throughout the Pacific • Strong market positions in attractive niche markets with multi-decade customer relationships • Dual head-haul economics on Ch
Slide 6: Hawaii Service
6 Investor Presentation │February 2023 Hawaii Service • 5 U.S. West Coast departures and 3 arrivals in Honolulu per week • Dedicated neighbor island barge service Overview of Service Matson’s Focus • Maintain best-in-class on-time arrival and cargo availability • Dedicated terminals and fully-integr
Slide 7: China Service
7 Investor Presentation │February 2023 China Service • Feeder services from other Asian port origins • CLX and CLX+ are premium services providing an alternative to deferred air freight and other ocean carriers • Dedicated terminal space in Long Beach with off-dock container yard • Door-to-door serv
Slide 8: Alaska Service
8 Investor Presentation │February 2023 Alaska Service • Twice weekly service to Anchorage and Kodiak • Weekly service into Dutch Harbor • Matson is the only U.S. containership operator serving Kodiak and Dutch Harbor Overview of Service Matson’s Focus Current 3-Ship Deployment • Maintain excellence
Slide 9: Guam Service
9 Investor Presentation │February 2023 Guam Service • Weekly service to Guam as part of CLX service • 3-to-5 day ocean transit advantage from U.S. West Coast Overview of Service Matson’s Focus • Maintain superior service and on-time performance • Fight for every piece of freight Market Overview • Co
Slide 10: SSAT Joint Venture
10 Investor Presentation │February 2023 SSAT Joint Venture • Matson owns a 35% interest in SSA Terminals, LLC (SSAT), the leading U.S. West Coast terminal operator – SSAT currently provides terminal and stevedoring services to carriers at 8 terminal facilities Overview SSAT is the best operator on t
Slide 11: Matson Logistics
11 Investor Presentation │February 2023 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% $0 $10 $20 $30 $40 $50 $60 $70 $80 2018 2019 2020 2021 LTM 3Q22 Operating Income Margin Operating Income ($ in millions) Operating Income Operating Income Margin Matson Logistics Transportation Brokerage • Domestic and interna
Slide 12: Appendix
12 Investor Presentation │February 2023 Appendix
Slide 13: Appendix – Update on New Vessel and LNG Projects
13 Investor Presentation │February 2023 Appendix – Update on New Vessel and LNG Projects • On November 1st, signed agreements with Philly Shipyard, Inc. for construction of three new LNG-ready Aloha Class vessels – New vessels for CLX service; will move three existing CLX vessels into Alaska service
Slide 14: Appendix – Update on New Vessel and LNG Projects (continued)
14 Investor Presentation │February 2023 Appendix – Update on New Vessel and LNG Projects (continued) • Three new Aloha Class vessels and LNG projects are important steps towards achieving Matson’s 2030 greenhouse emissions goal – Reduce Scope 1 greenhouse gas emissions from owned fleet by 40% by 203
Slide 15: Appendix – Non-GAAP Measures
15 Investor Presentation │February 2023 Appendix – Non-GAAP Measures Matson reports financial results in accordance with U.S. generally accepted accounting principles (“GAAP”). The Company also considers other non-GAAP measures to evaluate performance, make day-to-day operating decisions, help inves