Financial Overview slide image

Financial Overview

Summary Sales and profit declines in Q3 in soft market • Net Sales decreased 15% • • Net Income decreased 68% Adjusted EBITDA¹ decreased 25% Updated 2023 outlook • . • . Net Sales mid-single digit decrease Adjusted EBITDA1 mid-single digit decrease Net Leverage Ratio of approximately 3x at year-end Free Cash Flow approximately double 2022 levels Long-term secular trends remain intact . cpi CPI well-positioned with innovative and high- quality products and strong customer focus 1) Adjusted EBITDA is not a measurement of financial performance prepared in accordance with GAAP. See "Reconciliations of Non-GAAP Financial Measures" at the end of this document for more information and reconciliations to the most directly comparable GAAP financial measures. 14
View entire presentation