13 slides from Transcontinental Inc. Class A's earnings presentation, Mar 13, 2024
Slide 1: Q1-FY2024 Results Earnings Call Presentation
Q1-FY2024 RESULTS EARNINGS CALL PRESENTATION Thomas Morin, President and Chief Executive Officer Donald LeCavalier, Executive Vice President & Chief Financial Officer Yan Lapointe, Director, Investor Relations & Treasury March 13, 2024
Slide 2: Note to Readers
NOTE TO READERS In this document, unless otherwise indicated, all financial data are prepared in accordance with International Financial Reporting Standards (IFRS) and the term ‘‘dollars’’ as well as the symbol ‘‘$’’ designate Canadian dollars. In this document, we also use non-IFRS financial measur
Slide 3: Forward-Looking Information
FORWARD-LOOKING INFORMATION Our public communications often contain oral or written forward-looking statements which are based on the expectations of management and inherently subject to a certain number of risks and uncertainties, known and unknown. By their very nature, forward-looking statements
Slide 4: Q1-FY2024 Highlights
Q1-FY2024 HIGHLIGHTS Solid first quarter with consolidated adj. EBITDA (1) growth of 14.3%, including a 29.6% profit growth in the Packaging Sector Significant impact from cost reduction initiatives across the organization more than offset volume pressures Cash flow from operating activities of $57.
Slide 5: Q1-FY2024 Financial Results
Q1-FY2024 FINANCIAL RESULTS Q1-FY2024 Q1-FY2023 Highlights 3.8% decline due to lower volume, mainly in the Printing Revenues $680.4M $707.0M Sector 14.3% improvement from cost reduction initiatives, Adj. EBITDA(1) $96.1M $84.1M partially offset by lower volume 79.2% increase from higher adjusted EBI
Slide 6: Q1-2024 Financial Results: Packaging
Q1-2024 FINANCIAL RESULTS: PACKAGING Revenues ($M) 1.8% decrease mainly due to lower volume, especially in the industrial and medical markets due to the economic conditions Partially offset by favourable variation in exchange rates Adj. EBITDA(1) ($M) 29.6% adj. EBITDA(1) growth from cost redu
Slide 7: Q1-2024 Financial Results: Printing
Q1-2024 FINANCIAL RESULTS: PRINTING Revenues ($M) 7.4% decrease mainly due to lower volume mainly in magazine and book printing activities Strong performance from in-store marketing (ISM) activities Adj. EBITDA(1) ($M) Significant cost reductions offsetting lower volume Year-over-year 70 bps
Slide 8: FY2024 Outlook
FY2024 OUTLOOK Growth in adjusted EBITDA(1) in FY2024 versus FY2023 Packaging from cost reductions initiatives and increased efficiency Lower volumes in traditional activities, mostly offset by cost Printing reduction initiatives and expansion of raddarTM Adjusted EBITDA(1) at the very least at FY20
Slide 9: Appendix
APPENDIX tc @ TRANSCONTINENTAL www.te.te
Slide 10: Reconciliation of Non-IFRS Financial Measures
RECONCILIATION OF NON-IFRS FINANCIAL MEASURES 10 |
Slide 11: Reconciliation of Non-IFRS Financial Measures (Cont'd)
RECONCILIATION OF NON-IFRS FINANCIAL MEASURES (CONT’D) 11 |
Slide 12: Reconciliation of Non-IFRS Financial Measures (Cont'd)
RECONCILIATION OF NON-IFRS FINANCIAL MEASURES (CONT’D) 12 |
Slide 13: www.tc.tc
tc @ TRANSCONTINENTAL www.te.te