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Barclays Consumer Conference September 6th, 2018
Barclays Consumer Conference
This presentation contains certain “forward -looking” statements within the meaning of the Private Securities Litigation Reform A ct of 1995, such
as statements regarding the Company’s expected financial performance, including revenue growth, adjusted EPS, and adjusted fr ee cash flow;
the market position and consumption trends for the Company’s brands; the Company’s focus on brand -building; the timing and impac t of the
packaging rollout for BC & Goody’s and the impact of the divestiture of the Household Cleaning business. Words such as “trend , ” “continue, ” “will, ”
“expect, ” “project, ” “anticipate, ” “likely, ” “estimate, ” “may, ” “should, ” “could, ” “would, ” and similar expressions identify forward -looking statements.
Such forward -looking statements represent the Company’s expectations and beliefs and involve a number of known and unknown risks ,
uncertainties and other factors that may cause actual results to differ materially from those expressed or implied by such fo rward-looking
statements. These factors include, among others, general economic and business conditions, regulatory matters, competitive pr essures, supplier
issues, consumer acceptance of new packaging, disruptions to distribution, unexpected costs or liabilities, and other risks s et forth in Part I, Item
1A. Risk Factors in the Company’s Annual Report on Form 10 -K for the year ended March 31, 2018. You are cautioned not to place u ndue reliance
on these forward -looking statements, which speak only as of the date this presentation. Except to the extent required by applica ble law, the
Company undertakes no obligation to update any forward -looking statement contained in this presentation, whether as a result of new
information, future events, or otherwise.
All adjusted GAAP numbers presented are footnoted and reconciled to their closest GAAP measurement in the attached reconcilia tion schedules
or in our August 2, 2018 earnings release in the “About Non -GAAP Financial Measures” section.
~$1 Billion Focused Consumer Healthcare Company*
FY 2019 PF – 100% OTC*
12% 12% 12% 11% 10% Women’s
Ear Care Dermatologicals
*Based on FY18 reported revenue figures excluding the Household Cleaning Segment Source: Company records
* FY’18 Revenues, Excludes Divested Household Cleaning Segment
Note: Excludes other OTC (less than 1%).
Total Sales* by Category
12% 12% 12% 11% 10% Women’s
Ear Care Dermatologicals
#1 Brands Represent Two -Thirds of Total Sales*
Industry -leading financial profile
Consistent and strong FCF generation
Enables capital allocation opportunities
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Cnova