Enviri Corporation · NYSE:NVRI
Enviri — Harsco — KeyBanc Capital Markets 2013 Industrial, Automotive and Transportation Conference
30 slides from Enviri's conference presentation, May 29, 2013
Slide 1: KeyBanc Capital Markets 2013 Industrial, Automotive and Transportation Conference
Exhibit 99.1 2013 May Patrick © 2013 29, KeyBanc Decker, Harsco 2013 Capital Corporation, President Markets andAll CEO Industrial, Rights Reserved. Automotive and Transportation Conference
Slide 2: Safe Harbor Statement and Non-GAAP Measures
Administrative Safe statements aidentified particularly the governmental more contemplated; The Non-GAAP This capital. measures, |©1number 2013 worldwide Company Harbor presentation ofThese Harsco the of by please about its many Measures risks, words laws non-GAAP the undertakes business latest Item
Slide 3: Harsco at a Glance
Harsco 2012 18,500 Revenue: |Multi-industry ©2 2013 Revenue Employees at Harsco $1,404M a Glance Mix exposure Corporation, Across 2012through Revenue: Revenues 50All Countries $937M Rights four byRevenue: market-leading Geography Reserved. N. America $352M Products 39% segments Revenue: Rest of $353
Slide 4: Historical Performance
Historical $5.4 2008 Revenues Free ($ $142 10.6% $60 $27 2007 Performance *Adjusted |©3 2013 in5.8% 4.8% 2012 Cash billions) millions) $2.92 7.6% 2008 Harsco 5.4% $45 Market Harsco $1.19 Flow* diluted 2009 reflects Revenues $292 Corporation, $4.0 2010 Adjusted Performance Cap earnings $242 weakness
Slide 5: New Executive Team: President and CFO
New Patrick Title Experience Previous H.J. |©4 2013 Heinz President Executive Decker Harsco Bristol-Myers Various 25 years and Nick Corporation, Management CEO financial operations Grasberger Squibb SVProles, All and Armstrong and Rights CFO last finance asJoined Reserved. Corporate World 25 Septemb
Slide 6: CEO's Alignment and Observations
CEO’s Alignment Customer Continuous Employee Value Innovation Criticality Observations Global Basic Need Challenged Strong |©5 2013 stronger building creation Early employee breadth Harsco centricity engagement of with portfolio—high Improvement Perspective the focus blocks and Corporation, Core end
Slide 7: Metals & Minerals: Revenues and Market Profile
Metals Revenues $1,600 9% $1,300 Millions $1,000 Harsco World’s Provide Mineral-based *Adjusted .© 2012 Western Latin 17% 8% Market 50 ns 20 1Q 11 |LST 6 2013 millio 11 88% 64% 2Q $1,404 4% Mill Eastern Revenues America 113Q & $1,588 8.1% 5% Profile Drivers Harsco environmental largest Europe 11 7%
Slide 8: Metals & Minerals: Resource Recovery and Environmental Services
Climbing HIGH ENVIRON C U O M T RECOVERY R N S A L E LOW Summary Customer Term TISCO Gerdau RR: *Harsco © V LOGISTICS 2012 BY-PRODUCTS 30% R 0% S RESOURCE 10% 2013 20% Resource LOW HIGH 2011 China (renewal) Harsco provides the of Market SVCS/ Major Value URR Recovery, Basic Corporation, Brazil some
Slide 9: Metals & Minerals: Strengths and Challenges
Metals Leading Strengths Services Relationships Value Long-term Lower Contract Global Challenges Capital Need continue accelerate lower bring |©8 2013 to new capital proposition cost steel &intensive Harsco global critical renewal wins Minerals our technologies (multi-year) structure industry intens
Slide 10: Infrastructure: Revenues and Market Profile
Infrastructure Revenues $1,200 -1% Millions -3% -5% Harsco A Provide *Adjusted .© 2012 Western Latin Asia Middle 9% Market ($ $8.0 2011 $5.0 |Source: 9comprehensive 2013 inEastern $1,000 $600 $7.4 Pacific trillions) 2012 Revenues America 1% Profile Driver: East Harsco IHS suite Europe $800 $7.0 and
Slide 11: Infrastructure: Global Focus Areas
Infrastructure Global to More management operational better Common standards innovation © |intensity 102013 drive efficient customer project Harsco top engineering toand efficiency line leverage for Focus yard management lower Corporation, service growth improved Areas capital and All Rights Reserve
Slide 12: Competitive Construction Services Portfolio
Competitive Construction Services Non-Mechanical Shoring Formwork Masts Roofing Platforms Site Training Note: Leveraging |©112013 &All &Safety Harsco &Provided Services Suspended service Shelters service Landscape Services Corporation, Access offerings and Access geographic not All inRights allportf
Slide 13: Infrastructure: Strengths and Challenges
Reputation Strengths Infrastructure Breadth Up-front Lower Commercial Challenges Concentration Need drive improve build |©122013 top-line CI tocost Harsco of discipline, execution engineering geographic for structure construction growth in quality Corporation, Europe capability particularly due and
Slide 14: Rail: Revenues and Market Profile
Rail Revenues $375 Western 32% $352 $90 16.9% 17% China Harsco A Products Provides Customers *Adjusted Appendix © global 2013. 27% at Rest 2012 MOR 15.9% aProfile Europe Harsco Glance leader and the $275 of and for operating Revenues include Base the industry’s Services a$225 Adjusted $30 reconcilia
Slide 15: Rail: Expanding Globally
Expanding UK •Canada •8 •Private •Aftermarket •New •Spreader •Expansion •DFCC •NTC •Rail Brazil •Metro •Surfacing Africa •Freight |©14 Multiple Hy 2013 metro / Rail Europe grinder rail stabilizers projects &market qualifications •Incremental Harsco operator market grinders Peru re grinder ditcher su
Slide 16: Rail: Strengths and Challenges
Strengths Rail Well Expanding Relatively Growing Strong Early |©152013 positioned adopters track Harsco aftermarket Challenges niche global record of Corporation, in business; CI presence an ofservice Completion and adjacent inAll assessing comparisons Rights ofmarkets large growth Reserved. multi-a
Slide 17: Industrial: Revenues and Market Profile
Industrial Revenues 2012 $400 Rest $200 $- Harsco A Significant |©16 market 2013 12% of Revenues $353 Profile the 2010 Harsco leader at and $306 World growth aRevenues Glance OI Market Corporation, by in 22% Margin North Market energy-efficient potential $300 Driver 2011 America $232 through All OI
Slide 18: Industrial: Steel, Energy and Heat Transfer Products
Industrial Steel Energy |©172013 grating efficient Harsco Products forCorporation, heat industrial transfer and All systems Air-cooled RightsforReserved. heating heat exchangers and hot water for commercial service in large flooring commercial and safety andnatural institutional gas compression buil
Slide 19: Industrial: Strengths and Challenges
Well Strengths Industrial Growing Strong Early Three Challenges Need expand accelerate assess |©182013 positioned to adopters niche opportunities track into Harsco aftermarket bringing overseas businesses; record of Corporation, inCI attractive new of toenergy business generating grow current produc
Slide 20: Overall Focus Areas
Overall Build Lower Grow Upgrade Improve |Focus. ©192013 athe Align. the robust Focus Harsco the leadership businesses capital portfolio Execute. Areas CI Corporation, culture intensity talent to via mix Improve market and ofAll the depth expansion Returns Rights business Reserved. & innovation
Slide 21: Build a Robust Continuous Improvement Culture
Build Lean/Kaizen 600 500 300 200 100 2009 Advance Employees 3,500 Deploy 2,500 Implement -21,500 |Actual ©20 009 2013 2013 2012 Reaffirmed Expanded functions Launched 2010 Robust Expand Plan CI Harsco CIto 2011 Voice Engaged Staff maturity Activities working CI Green Lean CI Corporation, CI 2012 Cu
Slide 22: Lower Capital Intensity
Lower Capital ($ $247 Total 2007 12.0% © Continue Deploy |Invest 212013 in millions) $248 2008 Capex to 11.5% the Expenditures global Harsco grow disciplined Capital $313 2009 as5.5% asset $458 Rail % Corporation, $265 2010 Total Intensity and 6.3% management $444 approval $270 2011 Harsco Industria
Slide 23: Grow Market Share in Attractive Markets
Grow Market 2012 Rest Western 26% Shift Strong Infrastructure Expand © Compass Innovation New Platinum |Healthy 222013 of 35% resource of Revenues Top track World Expansion Harsco steel to backlog forming telematics Line serve record production focus recovery Europe Corporation, via by global ofprod
Slide 24: Portfolio Quality Assessment
Portfolio Quality Degree Long-term |Execution ©232013 of of Harsco Assessment competitive capability value attractiveness growth Corporation, proposition andAttributes strength financial of the for Alland end each return Rights differentiation markets business profile Reserved. served
Slide 25: Key Takeaways
Key New Early Shifting Expanding Ongoing Opportunity |©242013 Takeaways executive stage Harsco service assessment presence deployment forteam Corporation, and significant product in focused of key businesses of CI value growth mix All on improving Rights to creation markets higher Reserved. value fi
Slide 26: Appendix
2013 May © Appendix 2013 29, KeyBanc Harsco 2013 Capital Corporation, Markets AllIndustrial, Rights Reserved. Automotive and Transportation Conference
Slide 27: Non-GAAP Reconciliation: Adjusted Diluted EPS
-Non-GAAP Adjusted The understanding management pre-tax, Charges Separation Pension Reduction Non-cash © 26 Goodwill Restructuring Charges Former Gains One-time Non-cash 2013 Company’s associated on Harsco 2012 curtailment resulting as CEO diluted goodwill gains tax to of pension expense aHarsco imp
Slide 28: Non-GAAP Reconciliation: Free Cash Flow
Non-GAAP Year ($ Net Less Plus Free The asset service Maintenance Growth Capital Asset restructuring |©272013 incash Company’s cash capital proceeds Cash maintenance growth Ended millions) sales sales requirements, expenditures Harsco capital provided payments Flow proceeds. are expenditures Decembe
Slide 29: Non-GAAP Reconciliation: Adjusted Return on Invested Capital
Non-GAAP Year -(in interest 119,046 1,498,095 Adjusted The term performance. Average Charges Reduction Non-cash |©28 Taxes Goodwill Restructuring Charges Former Gains One-time Non-cash 2013 thousands) Company’s capital Ended on associated expense Harsco $as resulting equity Common CEO Return return
Slide 30: Non-GAAP Reconciliation: Adjusted Operating Income and Margin
Non-GAAP Adjusted Year ($ -Harsco Revenues, Operating The understanding management Charges Non-cash Reduction |©29 Charges Goodwill Gains Restructuring One-time 2013 inCompany’s Ended thousands) Metals Infrastructure Rail on associated Harsco resulting as Operating gains to income income, margin of
Harsco — KeyBanc Capital Markets 2013 Industrial, Automotive and Transportation Conference on 6ix