Mattr Corp · TSX:MATR
Mattr — 2023 Stifel Summer Solstice Conference
13 slides from Mattr's conference presentation, Jun 28, 2023
Slide 1: 2023 Stifel Summer Solstice Conference
2023 Stifel Summer Solstice Conference June 28, 2023
Slide 2: Statement Regarding Forward-Looking Information
Statement Regarding Forward-Looking Information This presentation contains forward-looking information within the meaning of applicable securities laws. Words such as "may", "will", "should", "anticipate", "plan", "expect", "believe", "predict", "estimate" or similar terminology are used to identify
Slide 3: Mattr is a Growth-Oriented Materials Technology Company
Mattr is a Growth-Oriented Materials Technology Company Enabling Renewal & Expansion of Critical Infrastructure $1.4B 4,000+ Mattr is a growth-oriented, global materials EMPLOYEES technology company broadly serving critical WORLDWIDE infrastructure markets, including transportation, communication, w
Slide 4: High-Value Materials Based Technology Offerings
High-Value Materials Based Technology Offerings COMPOSITE CONNECTION PIPELINE & TECHNOLOGIES TECHNOLOGIES PIPE SERVICES 35% Growth in 18% Growth in Revenue1 Revenue1 75% Growth in Adj. 28% Growth in Adj. EBITDA 1 EBITDA 1 429 bps Adj. EBITDA 148 bps Adj. EBITDA PREMIUM SPOOLABLE COMPOSITE PIPE PREMI
Slide 5: Supportive Fundamentals Positioned to Benefit from Macro Themes
Supportive Fundamentals Positioned to Benefit from Macro Themes AGING INFRASTRUCTURE POPULATION MOVEMENT RESOURCE SCARCITY CLIMATE CHANGE Replacements needed for New infrastructure needed Infrastructure needed for High quality, lower CO2 infrastructure at end of life to support population growth wat
Slide 6: Prioritizing Higher Growth with Higher EBITDA Margins
Prioritizing Higher Growth with Higher EBITDA Margins (C$ mm) Revenue and Adj. EBITDA Adj. EBITDA Margin $2,000 $1,489 25% $1,500 $1,352 $1,178 $1,255 $1,143 20% $1,000 13.8% $500 15% 12.1% $152 $187 $135 $79 $112 9.8% $0 9.1% 2019 2020 2021 2022 Q1-2023 10% 6.7% LTM Revenue Adj. EBITDA 5% ▪ Focused
Slide 7: Simple Capital Structure & Growth Oriented Capital Allocation
Simple Capital Structure & Growth Oriented Capital Allocation Maintain Net-debt-to-Adjusted EBITDA below 1.5x Prioritize high return organic growth opportunities with (C$ mm) 3.15x 3.69x appropriate CAPEX and working capital 1.98x $180 1.5x Expect modest net debt (C$ mm) $525 0.46x increase in H1 20
Slide 8: Multi Year, High-Return, Low-Risk Growth Capital Plan
Multi Year, High-Return, Low-Risk Growth Capital Plan Pipeline and Pipe Services Segment ▪ Annual maintenance CAPEX need is $15-20M Supporting high return organic growth opportunities with ▪ Remaining spend is growth CAPEX, appropriate CAPEX and working capital predominantly customer-funded CAPEX re
Slide 9: Cumulative Value of Strategic Actions
Cumulative Value of Strategic Actions Portfolio Evolution FY 2019 REVENUE $247 M Long-term Debt Removed Composite Technologies Xerxes 1 Flexpipe >$70 M Annualized Savings OPEX (Fixed) Guardian Canada Guardian Mexico CSI ~30 k tonnes Scope 1 & 2 Emissions Reduced Connection Technologies ~$90 M Estima
Slide 10: Robust Backlog, Bid & Budgetary
Robust Backlog, Bid & Budgetary Q1 2023 Q4 2022 12-month Backlog rose 6% as offshore pipeline construction $84 projects are captured and industrial and infrastructure demand remains strong. The majority of the backlog is attributed to the Pipeline and Pipe $220 Services segment. Bid strength continu
Slide 11: Engaging, Innovating and Creating for a Better Future
Engaging, Innovating and Creating for a Better Future Our industry-leading materials technology …to develop products that enable …while enhancing our own footprint advantage draws on deep partnerships with greater efficiencies for our customers researchers, universities and customers... ESG PERFORMA
Slide 12: A Global Materials Technology Company Positioned for Growth
A Global Materials Technology Company Positioned for Growth Portfolio simplification & evolution Supportive long-term infrastructure and prioritizing infrastructure and industrial industrial fundamentals & continuing markets to lower volatility and energy up-cycle increase full-cycle returns Long-te
Slide 13: Thank you.
@ = Thank you. Infrastructure Technologies