Investor Presentaiton
Balance Sheet Discipline
Strong free cash flow and disciplined capital investment
~1.5B
~0.4B
~1B
19.4%
17.7%
TARGET
Mid 20's%+
23.5%
500
285 to 305
243
190
202
5-Year
5-Year
Operating
Capex
Free Cash
Flow (1)
2015
2016
2017
2018
2022
Adjusted EBITDA (1) ($M)
ROIC %
Cash
($M)
2015
2016
2017
2018
CapEx
101
57
53
80-90
D&A
35
39
40
56(2)
Major Capital Projects
Covington
Changshu (China) carbon extrusion facility
Waynesboro expansion
72
(1) Please see appendices included at the end of this presentation for Ingevity's use of non-GAAP financial measures, definitions of those
financial measures as well as the reconciliation to the nearest GAAP financial measure.
(2) Includes estimated depreciation and amortization related to the acquisition of G-P's pine chemicals assets prorated for the anticipated
closing on March 1, 2018.
IngevityView entire presentation