Earnings Teleconference Second Quarter / Fiscal 2015
Q2 2015 Highlights Solid volumes, but experienced margin pressure in Reinforcement Materials Lower project activity in Specialty Fluids Strong cash flow generation used for continued share repurchases 3
Q2 2015 Operating Results Q2 Q2 Q1 2015 2014 2015 Total Segment EBIT (in millions) 69 116 97 Adjusted EPS 0.53 0.83 0.80 Adjusted EBITDA (in millions) 105 150 133 Q2 2015 Total Segment EBIT of 69 million Volumes impacted by…
Reinforcement Materials Segment Operating Performance Q2 Q2 Q1 In millions 2015 2014 2015 Net sales 358 512 460 Segment 27 65 53 EBIT Key Highlights Segment Outlook Volumes decreased 1% year-over-year Volume growth…
Performance Chemicals Segment Operating Performance Q2 Q2 Q1 In millions 2015 2014 2015 Net sales 237 264 229 Segment 42 46 39 EBIT Key Highlights Segment Outlook Volumes decreased 4% year-over-year in Anticipate customer…
Purification Solutions Segment Operating Results Q2 Q2 Q1 In millions 2015 2014 2015 Net sales 71 80 76 Segment 13 9 11 EBITDA Key Highlights Segment Outlook Year-over-year EBITDA increase due to Volume growth expected in…
Specialty Fluids Segment Operating Performance Q2 Q2 Q1 In millions 2015 2014 2015 Net sales 8 25 16 Segment (1) 9 6 EBIT Key Highlights Segment Outlook Lower rental volumes as a result of a Level of project activity…
Q2 2015 Corporate Financial Items Liquidity remained strong at 720 million Repurchased approximately 300,000 shares for 14 million Capital expenditures of 29 million LIFO benefit of 7 million Operating tax rate of 28% 9
Conclusion OUTLOOK Volume growth anticipated in the second half of fiscal 2015 Purification Solutions outlook Free cash flow targeted to be 350 million to 400 million for the fiscal year Prioritizing returning cash to…
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