Sales and Marketing Overview & Strategic Business Overview
CREATING VALUE THROUGH MARGIN EXPANSION AND CAPITAL EFFICIENCY
Adjusted operating margin (1)
15%
~500 bps
20%
2017
2021(2)
15%
RONA (1)
~800 bps
23%
2017
2021(2)
(1) These are non-GAAP ratios. These measures do not have any standardized meanings prescribed by IFRS and are therefore unlikely to be comparable to similar measures presented by other
companies. The disclosures for these measures are incorporated by reference to section 17.0 "Definition and reconciliation of non-GAAP financial measures" of the Company's January 2, 2022
MD&A which was filed on February 24, 2022 and is available at www.sedar.com.
(2) 2021 adjusted operating margin and RONA results reflect one-time benefit stemming from the USDA's Pandemic Assistance for Cotton Users program of 60 and 70 bps, respectively
8View entire presentation