Molson Coors Beverage Company · NYSE:TAP

Molson Coors Beverage — Q2 2020 Earnings Presentation

18 slides from Molson Coors Beverage's earnings presentation, Jul 30, 2020

  1. Slide 1: Molson Coors Beverage Company Q2 2020 Results & Outlook

    Molson Coors Beverage Company Q2 2020 Results & Outlook July 30, 2020

  2. Slide 2: Forward Looking Statements

    Forward Looking Statements This presentation includes “forward-looking statements” within the meaning of the U.S. federal securities laws. Generally, the words “believe,” "aims," “expect,” “intend,” “anticipate,” “project,” “will,” “outlook,” and similar expressions identify forward-looking statemen

  3. Slide 3: Chief Executive Officer Gavin Hattersley

    Chief Executive Officer Gavin Hattersley

  4. Slide 4: Molson Coors

    MOLSON COORS eireany

  5. Slide 5: 2020 Action Plan

    2020 Action Plan Building a More Inclusive Culture Increasing Diversity Culture Assessment Diverse Recruitment • Guide future improvement across all • Increase the representation of people of color in business units our US operation by 25% by the end of 2023 • Improve hiring practices to bring in hi

  6. Slide 6: Sustainability

    Sustainability • Emission reductions • Reusable, recyclable or compostable packaging • Increase in zero-waste- to-landfill facilities 6

  7. Slide 7: Molson Coors

    MOLSON COORS eireany

  8. Slide 8: Two Objectives

    Two Objectives • Navigate short term to protect  Strong cash position our employees and mitigate short-term business challenges  Preserving marketing firepower for H2 2020 • Position our business for long- term success 8

  9. Slide 9: Navigating the Coronavirus

    Navigating the Coronavirus 9

  10. Slide 10: Molson Coors

    MOLSON COORS eireany

  11. Slide 11: Positioning the Business for Success

    Positioning the Business for Success 11

  12. Slide 12: Molson Coors

    MOLSON COORS eireany

  13. Slide 13: Chief Financial Officer Tracey Joubert

    Chief Financial Officer Tracey Joubert

  14. Slide 14: Consolidated Q2 2020

    Consolidated Q2 2020 KEY TAKEAWAYS • Coronavirus related on-premise NSR NSR/HL - Brand Volume Basis UNDERLYING EBITDA (constant currency) (constant currency) (constant currency) closures drove down brand volumes and resulted in negative brand mix, partially offset by higher net pricing in -14.3% +0.

  15. Slide 15: North America Q2 2020

    North America Q2 2020 KEY TAKEAWAYS • Net sales decrease driven by lower NSR NSR/HL - Brand Volume Basis UNDERLYING EBITDA (c on s tan t c u rren c y) (c ons tan t c u rrenc y) (c ons tan t c u rre nc y) brand volume and under-shipment position in the U.S. due to supply constraints -7.9% +0.9% +13.8

  16. Slide 16: Europe Q2 2020

    Europe Q2 2020 KEY TAKEAWAYS • Decline in financial and brand NSR NSR/HL - Brand Volume Basis UNDERLYING EBITDA (c on s tan t c u rren c y) (c ons tan t c u rrenc y) (c ons tan t c u rre nc y) volumes driven by coronavirus impact • Lower NSR/HL driven by unfavorable -42.4% -12.7% -66.9% channel and

  17. Slide 17: Outlook

    Outlook Near-term volume and expense Focused on ensuring adequate liquidity and headwinds expected: desire to maintain investment grade rating  NSR & Volume:  Lower volume and negative mix due to limited on- premise sales  Paid down full outstanding balance on RCF,  Continued supply constraints

  18. Slide 18: Questions & Answers

    Questions & Answers MOLSON COORS enc

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