Loading viewer...
investor_presentation
Format: PDF investor_presentation
Fiscal Q3 2022 Recap April 28, 2022We Keep Industry Running
Fiscal Q3 2022 Recap
April 28, 2022We Keep Industry Running2Safe Harbor Statement
This presentation contains statements thatareforward -looking, asthatterm isdefined bytheSecurities andExchange Commission initsrules, regulations andreleases .Applied intends that
such forward -looking statements besubject tothesafe harbors created thereby .Forward- looking statements areoften identified byqualifiers such as“believe,” “expect,” “outlook,” “project”
“guidance,” “will” andderivative orsimilar expressions .Allforward -looking statements arebased oncurrent expectations regarding important riskfactors including trends intheindustrial
sector oftheeconomy (such astheinflationary environment andsupply chain strains), theeffects ofthehealth crisis associated with theCOVID -19pandemic onourbusiness operations,
results ofoperations, andfinancial condition, andother riskfactors identified inApplied's most recent periodic report andother filings made with theSecurities andExchange Commission,
many ofwhich risks areamplified bycircumstances arising outoftheCOVID -19pandemic .Accordingly, actual results may differ materially from those expressed intheforward -looking
statements, andthemaking ofsuch statements should notberegarded asarepresentation byApplied oranyother person thattheresults expressed therein willbeachieved. Applied
assumes noobligation toupdate publicly orrevise anyforward- looking statements, whether duetonew information, orevents, orotherwise.
Non-GAAP Financial Measures
This presentation sets forth certain non-GAAP financial measures including Adjusted Earnings perShare (EPS) ;Adjusted NetIncome ;Adjusted Selling, Distribution andAdministrative
(SD&A) Expense; EBITDA; Adjusted EBITDA; Free Cash Flow ;NetLeverage Ratio -which arepresented assupplemental disclosures toNetIncome; Cash from Operations ;Total Debt
Outstanding; andreported results .Management believes these measures areuseful indicators fornormalizing earnings fornon-routine items andfacilitating effective evaluation ofoperating
performance. Apresentation ofthemost directly comparable GAAP measure andreconciliations ofAdjusted Earnings perShare (EPS) ;Adjusted NetIncome; Adjusted Selling, Distribution
andAdministrative (SD&A) Expense; EBITDA; Adjusted EBITDA; Free Cash Flow ;NetLeverage Ratio aresetforth intheappendix tothispresentation.3Primary Messages from Management
•Reported strong F3Q22 results and raised F2022 guidance reflecting positive demand and pricing momentum,
operational execution, and traction with internal initiatives that we expect to sustain.
•Underlying demand and growth opportunities strengthened in the quarter with organic daily sales rates up
~7% sequentially and 2-YEAR YoY STACK growth exceeding 15%; positive momentum sustaining in April.
•Gross margin remains firm and near recent highs inclusive of a 67 bps unfavorable YoY LIFO impact and
ongoing inflationary pressures, reflecting solid execution and margin countermeasures.
Preview truncated — download the full document for the complete content.
earnings
16 Pages
Li-Cycle Investor Presentation August 2023 Battery Recycling
investor_presentation
39 Pages
Li-Cycle