Investor Presentaiton
DISCIPLINED FINANCIAL STRATEGY
PRINCIPLES
•
Maintain efficient capital structure
•
Maximize strategic flexibility
Financially driven capital allocation process
NET LEVERAGE
($M)¹
Clean Earth and
ESOL Acquisitions
4.5 x
2.9 x
2.4 x
2.2 x
1.8 x
1.6 x
2015
2016
2017
2018
2019
Q3 2020
(1)
Net debt equals long term debt + short term borrowing + current maturities of long term debt - cash and cash
equivalents. Net leverage ratio calculation in accordance with credit agreement.
PRIORITIES
•
Commitment to reduce debt and maintain strong credit profile
•
Leverage ratio target 2.0x- 2.5x
•
•
M&A activity on hold
$13M remaining under share repurchase authorization; also on
hold
MAJOR DEBT MATURITIES - Q3 2020
© 2020 Harsco Corporation. All Rights Reserved. This document and the information set forth herein are the property of Harsco Corporation.
$752
$500
2020
2021
2022
2023
2024
2025
2026
2027
HARSCO
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