Investor Presentaiton
STATEMENTS & DISCLAIMERS
The information in this presentation is summary in nature and
may not contain all information that is important to you. The
Recipient acknowledges and agrees that (i) no representation
or warranty regarding the material contained in this
presentation is made by YRC Worldwide Inc. (the "Company"
or "we") or any of its affiliates and (ii) that the Company and
its affiliates have no obligation to update or supplement this
presentation or otherwise provide additional information.
This presentation is for discussion and reference purposes only
and does not constitute an offer to sell or the solicitation of an
offer to buy any securities or other property.
This presentation contains "forward-looking statements"
within the meaning of Section 27A of the Securities Act of 1933
and Section 21E of the Securities Exchange Act of 1934.
Forward-looking statements relate to future events or future
performance of the Company and include statements about the
Company's expectations or forecasts for future periods and
events. Specific forward-looking statements can be identified
by the fact that they do not relate strictly to historical or
current facts and include, without limitation, words such as
"may," "will," "should," "expect," "plan," "anticipate,” “believe,”
"estimate," "predict," "potential" or "continue," the negative of
such terms or other comparable terminology. We disclaim any
obligation to update those statements, except as applicable law
may require us to do so, and we caution you not to rely unduly
on them. We have based those forward-looking statements on
our current expectations and assumptions about future events,
and while our management considers those expectations and
assumptions to be reasonable, they are inherently subject to
significant business, economic, competitive, regulatory and
other risks, contingencies and uncertainties, most of which are
difficult to predict and many of which are beyond our control.
Therefore, actual results may differ materially and adversely
from those expressed in any forward-looking statements.
Factors that might cause or contribute to such differences
include, but are not limited to, those we discuss in the "Risk
Factors" section of our Annual Report on Form 10-K and in
other reports we file with the Securities and Exchange
Commission.
This presentation includes the presentation of Adjusted
EBITDA, a non-GAAP financial measure. Adjusted EBITDA is
not a measure of financial performance in accordance with
generally accepted accounting principles and may exclude
items that are significant in understanding and assessing our
financial results. Therefore, this measure should not be
considered in isolation or as an alternative to net income from
operations, cash flows from operations, earnings per fully-
diluted share or other measures of profitability, liquidity or
performance under generally accepted accounting principles.
We believe our presentation of Adjusted EBITDA is useful to
investors and other users as these measures represent key
supplemental information our management uses to compare
and evaluate our core underlying business results both on a
consolidated basis and across our business segments,
particularly in light of our leverage position and the capital-
intensive nature of our business. Additionally, Adjusted
EBITDA helps investors to understand how the company is
tracking against our financial covenants in our term loan credit
agreement as this measure is calculated as prescribed therein
and serves as a driving component of our key financial
covenants. You should be aware that this presentation of
Adjusted EBITDA may not be comparable to similarly-titled
measures used by other companies. A reconciliation of this
measure to the most comparable measures presented in
accordance with generally accepted accounting principles has
been included in this presentation.
Product names, logos, brands, and other trademarks featured or referred to are the property of their respective trademark holders. These trademark holders are not affiliated with YRC Worldwide Inc.
They do not sponsor or endorse our materials.
YRC WORLDWIDE INVESTOR PRESENTATION
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