Ccl Industries Inc. Class A · TSX:CCL.A
Ccl Industries Inc. Class A — Q1 2006 Earnings Presentation
13 slides from Ccl Industries Inc. Class A's earnings presentation, May 4, 2006
Slide 1: Investor Update: First Quarter 2006 Review
Investor Update First Quarter 2006 Review Thursday, May 4, 2006 Disclaimer Any forward-looking statements contained in this presentation involve risks, uncertainties and assumptions and should not be taken as guarantees of future performance. Actual results could vary materially from those anticipat
Slide 2: Statement of Earnings for Continuing Operations
Statement of Earnings for Continuing Operations First Quarters Ended March 31st (Millions of Cdn $) Excludes Discontinued Operations - Custom Manufacturing North America sold May 17, 2005 Net of currency 2006 2005 Change translation & divestitures 1) Sales $ 313.2 $ 265.7 +17.9% +29% Income before u
Slide 3: Earnings per Class B Share
Earnings per Class B Share First Quarters Ended March 31st First Quarter 2006 2005 % change From Continuing Operations $ 0.66 $ 0.50 +32% From Discontinued Operations - 0.11 Net Earnings $ 0.66 $ 0.61 +8% Net Loss from Unusual Items $ 0.03 $ - First Quarter 2006: E.P.S. reduced by $0.06 for the quar
Slide 4: Impact of Changes in Exchange Rates
Impact of Changes in Exchange Rates Currency Translation: 2005 – U.S. dollar averaged $1.21 vs. $1.30 in 2004 for the year (down 7%) and euro was $1.51 vs. 1.62 last year (also down 7%) 2006 – U.S. dollar averaged $1.15 vs. $1.23 in 2005 for the quarter (down 6%) and euro was $1.39 vs. 1.61 last yea
Slide 5: Balance Sheet As At March 31st
Balance Sheet As At March 31st (Millions of Cdn $, except Book Value per Share) 2006 2005 Change Net working capital (receivables, inventory, prepaids, payables and accruals) $ 59.5 $ 114.3 (47.9%) Capital assets (net) $ 564.9 $ 540.7 +4.5% Intangible assets & goodwill $ 433.7 $ 360.5 +20.3% Total a
Slide 6: Debt Summary As At March 31st
Debt Summary As At March 31st (Millions of Cdn $) Increase 2006 2005 (Decrease) Bank advances $ 9.6 $ 73.2 $ (63.6) Long-term debt - senior notes (2006 - US$345.5 MM, 2005 - US$304.9 MM) 403.5 368.8 34.7 Long-term debt - all other 54.2 50.2 4.0 Total debt 467.3 492.2 (24.9) Cash and cash equivalents
Slide 7: Cash Flow Highlights Three Months Ended March 31st
Cash Flow Highlights Three Months Ended March 31st (Millions of Cdn $) Inflows: 2006 2005 Net earnings from continuing operations (includes unusual items) $ 21.1 $ 16.1 Depreciation and amortization (continuing) 18.1 15.5 Stock-based compensation 0.5 0.1 Future income taxes 2.8 3.3 Unusual items 1.2
Slide 8: Capital Spending Highlights Three Months Ended March 31st, 2006
Capital Spending Highlights Three Months Ended March 31st, 2006 (Millions of Cdn $) Capital Divisions Spending Depreciation Difference Major Investment Projects Label 28.8 10.2 18.6 Robbinsville, NJ (Plant relocation) $ 1.8 Infrastructure 1.8 Shelton, CN (2 Nilpeter presses) 4.1 Cold Spring, KY (2 A
Slide 9: Income From Operations for Continuing Operations
Income From Operations for Continuing Operations First Quarters Ended March 31st (Millions of Cdn $) Excl. currency translation, transactions & 2006 2005 Change divestitures Label $ 29.2 $ 19.1 +52.9% +64.9% Container 6.2 5.3 +17.0% +26.4% Tube 1.0 0.9 +11.1% +71.4% ColepCCL 4.1 5.4 (24.1%) (12.7%)
Slide 10: Label
Label First Quarters Ended March 31st (Millions of Cdn $) Excl. currency 2006 2005 % translation 1) Sales $ 205.1 $ 157.3 +30.4% +40.9% Operating Income $ 29.2 $ 19.1 +52.9% +64.9% Return on Sales 14.2% 12.1% EBIT DA $ 40.9 $ 28.1 +45.6% % of Sales 19.9% 17.9% 1) Excluding foreign exchange and dispo
Slide 11: Container
Container First Quarters Ended March 31st (Millions of Cdn $) Excl. curre ncy trans lation & 2006 2005 % trans actions 1) Sales $ 44.4 $ 36.1 23.0% +25.5% Operating Income $ 6.2 $ 5.3 17.0% +26.4% Return on Sales 14.0% 14.7% EBITDA $ 8.7 $ 7.4 17.6% % of Sales 19.6% 20.5% 1) Excluding foreign curren
Slide 12: Tube
Tube First Quarters Ended March 31st (Millions of Cdn $) Excl. curre ncy 2006 2005 % trans lation 1) Sales $ 19.1 $ 21.0 (9.0%) +16.1% Operating Income $ 1.0 $ 0.9 11.1% +71.4% Return on Sales 5.2% 4.3% EBITDA $ 2.9 $ 3.0 (3.3%) % of Sales 15.2% 14.3% 1) Excluding foreign currency translation, sales
Slide 13: ColepCCL
ColepCCL First Quarters Ended March 31st (Millions of Cdn $) Excl. curre ncy 2006 2005 % trans lation 1) Sales $ 44.6 $ 51.3 (13.1%) +0.4% Operating Income $ 4.1 $ 5.4 (24.1%) (12.7%) Return on Sales 9.2% 10.5% EBITDA $ 5.9 $ 7.6 (22.4%) % of Sales 13.2% 14.8% 1) ColepCCL sales flat for the quarter