Myers Industries, Inc. · NYSE:MYE
Myers Industries — Q1 2013 Earnings Presentation
13 slides from Myers Industries's earnings presentation, Apr 24, 2013
Slide 1: Earnings Presentation First Quarter 2013
Earnings Presentation First Quarter 2013 April 24, 2013 Exhibit 99.2
Slide 2: Safe Harbor Statement
Safe Harbor Statement Myers Industries, Inc. encourages investors to learn more about these risk factors. A detailed explanation of these factors is available in the Company’s publicly filed quarterly and annual reports, which can be found online at www.myersind.com and at the SEC.gov web site. Stat
Slide 3: Slide 3
Slide 4: Slide 4
Slide 5: Segment Review – Material Handling
Segment Review – Material Handling Q1 Results • Net sales increase of 23% due mostly to Novel & Jamco acquisitions • A less favorable customer and product mix compared to last year led to the decrease in adjusted EBIT $ Millions See Reconciliation of Non-GAAP measures on slide 11 $65.2 $80.0 $0 $10
Slide 6: Segment Review – Lawn & Garden
Segment Review – Lawn & Garden Q1 Results • New products sales resulting from our Innovation initiative contributed to the increase in net sales during the quarter • Productivity and material cost savings combined with the higher sales volume drove the significant increase in adjusted EBIT $ Million
Slide 7: Segment Review – Distribution
Segment Review – Distribution Q1 Results • Sales of new products contributed to total net sales during the quarter • A less favorable product mix of equipment vs. supplies and planned IT expenses contributed to the decrease in adjusted EBIT $ Millions See Reconciliation of Non-GAAP measures on slide
Slide 8: Segment Review – Engineered Products
Segment Review – Engineered Products Q1 Results • Strong marine sales during the quarter were offset by more normal demand in the transplant auto market compared to last year • Productivity improvements more than offset the slightly lower sales $ Millions See Reconciliation of Non-GAAP measures on s
Slide 9: Q2 & Full Year 2013 Outlook
Q2 & Full Year 2013 Outlook Q2 & Full-Year Outlook • Material Handling • Q2 and full year results will benefit from the recent acquisitions and new product introductions • Lawn & Garden • Expect results to continue to improve year-over-year driven by new products, cost reductions, material substitut
Slide 10: Appendix
Appendix
Slide 11: Measures
Reconciliation of Non-GAAP Measures Quarter Ended March 31 Material Handling Income before taxes as reported $ 9.7 $ 13.2 Restructuring expenses 0.2 0.0 Income before taxes as adjusted 9.9 13.2 Lawn & Garden Income before taxes as reported 2.3 1.2 Restructuring expenses 0.4 0.0 Income before taxes a
Slide 12: Market Indicators
Market Indicators Material Handling MHEM Index Lawn & Garden Housing Starts Consumer Sentiment Distribution Miles Driven Replacement Tire Shipments, Gasoline Sales Engineered Products RVIA Auto Market Forecasts Source: Material Handling Industry Jan 2013 Forecast Sources: RVIA Forecast, April 2013;
Slide 13: Myers Industries, Inc.
MYERS INDUSTRIES, INC. Leadership Brands Helping Customers Grow!