Investor Presentation
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Forward-Looking Statements
This presentation contains "forward-looking statements" within the meaning of the federal securities laws, which involve risks and uncertainties. Forward-looking
statements include all statements that do not relate solely to historical or current facts, and you can identify forward-looking statements because they contain
words such as "believes," "expects," "may," "will," "should," "seeks," "intends," "trends," "plans," "estimates," "projects" or "anticipates" or similar expressions that
concern our strategy, plans, expectations or intentions. Any and all statements made relating to the macroeconomic outlook for our markets, potential acquisition
activity, our estimated and projected earnings, margins, costs, expenditures, cash flows, sales volumes and financial results are forward-looking statements. These
forward-looking statements are subject to risks and uncertainties that may change at any time, and, therefore, our actual results may differ materially from those
expected. We derive many of our forward-looking statements from our operating budgets and forecasts, which are based upon many detailed assumptions. While
we believe that our assumptions are reasonable, it is very difficult to predict the impact of known factors, and, of course, it is impossible to anticipate all factors that
could affect our actual results.
In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a
representation by us or any other person that the results or conditions described in such statements or our objectives and plans will be achieved. Important factors
could affect our results and could cause results to differ materially from those expressed in our forward-looking statements, including but not limited to the factors
discussed in the section entitled "Risk Factors" in our Annual Report on Form 10-K filed with the SEC on February 28, 2017. Such factors may be updated from
time to time in our periodic filings with the SEC, which are accessible on the SEC's website at www.sec.gov.
We undertake no obligation to publicly update or revise any forward-looking statement as a result of new information, future events or otherwise, except as
otherwise required by law.
Non-GAAP Financial Measures
Included in this presentation are certain non-GAAP financial measures, such as Adjusted EBITDA, Further Adjusted EBITDA, Adjusted Net Income (Loss),
Adjusted Earnings Per Share, Adjusted Cash Gross Profit, Adjusted Cash Gross Profit Margin, Net Debt, Net Leverage and Free Cash Flow designed to
complement the financial information presented in accordance with U.S. GAAP because management believes such measures are useful to investors. These non-
GAAP financial measures should be considered only as supplemental to, and not superior to, financial measures provided in accordance with GAAP. Please refer
to the appendix of this presentation for a reconciliation of the historical non-GAAP financial measures included in this presentation to the most directly comparable
financial measures prepared in accordance with GAAP.
Reconciliations of the non-GAAP measures used in this presentation are included or described in the tables attached to the appendix. Because GAAP financial
measures on a forward-looking basis are not accessible, and reconciling information is not available without unreasonable effort, we have not provided
reconciliations for forward-looking non-GAAP measures.
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