This presentation contains statements that are forward looking in nature and, accordingly, are subject to risks and uncertainties. Factors that could.

Slides:



Advertisements
Similar presentations
2014 Annual Meeting of Stockholders Dan Moore, President & Chief Executive Officer September 18, 2014.
Advertisements

The LGL Group, Inc. (AMEX: LGL) Q Earnings Report August 4, :30 a.m. Eastern.
November 20, 2014 FY2015 Q2 Review. Safe Harbor Statement 2 This presentation includes forward‐looking statements. Forward‐looking statements may be identified.
1 ICON Plc. Merrill Lynch - Global Pharmaceutical, Biotech & Medtech Conference, September 19 th 2007.
Black Box Corporation 2012 East Coast IDEAS Conference June 5, 2012.
1 December 2003 Quarter Earnings January 20, 2004.
First Quarter Results Millipore Conference Call, April 20, 2004.
Second Quarter Results Ended June 30, This presentation contains statements, including statements about future plans and expectations, which constitute.
Microsoft Corporation John Connors Chief Financial Officer January, 2004.
August 11, 2009 Second Quarter 2009 Earnings Review.
2014 Annual Shareholders Meeting February 26, 2014 Pursuing Growth Building Value a global diversified industrial company 1.
Steve Bennett President & Chief Executive Officer NASDAQ OMX International Investor Program December 4, 2013.
1 Full Year Results Presentation Full Year Ended 30 June 2006 ASX Code: SAI Thinking Business SAI Global Limited ABN:
This presentation contains statements that are forward looking in nature and, accordingly, are subject to risks and uncertainties. Factors that could.
2012 INVESTPennsylvania Equity Conference Black Box Corporation NASDAQ OMX: BBOX.
Black Box Corporation Overview. Black Box Corporation 2 Forward-Looking Statements - Any forward-looking statements contained in this presentation are.
CTIA Wireless 2004 Conference Georgia World Congress Convention Center Atlanta, Georgia March 22-24, 2004 OUR PLEDGE We believe that a good company should.
May 13, 2009 First Quarter 2009 Earnings Review. Highlights  First quarter 2009 net sales of $46.6 million -- within the Company’s forecasted range 
FY09 Q3 Conference Call April 21, Forward-Looking Statement Page 1 Statements in this release that are not historical are forward-looking and are.
1 4Q 2003 Earnings October 21, Safe Harbor Statement This presentation contains forward-looking statements within the meaning of the federal securities.
Needham 11 th Annual Growth Conference January 6, 2009 NASDAQ: BBOX.
Thirteenth Annual Global High Yield Conference September 2005.
This presentation contains statements that are forward looking in nature and, accordingly, are subject to risks and uncertainties. Factors that could.
First Quarter 2005 Millipore Conference Call, April 21, 2005.
UBS Technology and Services Conference June 8, 2009 NASDAQ : BBOX.
1 April 22, Q 2003 Earnings. 2 Safe Harbor Statement This presentation contains forward-looking statements within the meaning of the federal securities.
Banc of America Securities Health Care Conference May 21, 2004 The Four Seasons Hotel, Las Vegas PacifiCare Health Systems Howard G. Phanstiel Chairman.
June This presentation contains statements that are forward looking in nature and, accordingly, are subject to risks and uncertainties. Factors.
First Quarter 2002 Conference Call April 24, 2002.
SECOND QUARTER 2004 EARNINGS John A. Luke, Jr. Chairman and CEO James A. Buzzard President Peter H. Vogel, Jr. Interim Principal Financial Officer July.
Smith Barney Citigroup Small & Mid-Cap Conference May 6, 2004 Allmerica Financial Corporation Ed Parry Executive Vice President Chief Financial Officer.
Investor Presentation November Forward Looking Statements This presentation may contain forward-looking statements which are subject to a number.
Results Q Robert-Jan van de Kraats CFO.
First Quarter Results Ended March 31, This presentation contains statements, including statements about future plans and expectations, which constitute.
© Infosys Technologies Limited Infosys Investor Relations Infosys Investor Relations.
Q2 ‘03 Conference Call March 5, Forward-Looking Statements This presentation contains “forward-looking statements” as defined in the Private Securities.
Third Quarter Results Ended September 30, This presentation contains statements, including statements about future plans and expectations, which.
1 The Professional’s Source for Turf Care Investor Update Investor Update 2nd Quarter 2003.
Floris Waller - CFO and Member Executive Board Business Services Conference London June 26 th 2007 Corporate Express Overview.
The Professional’s Source for Turf Care First Quarter /29/04.
The SKF Group Half-year result 2003 Tom Johnstone President and CEO.
FOURTH QUARTER AND YEAR END 2012 RESULTS. The following is a Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This press.
First Quarter 2013 Earnings Conference Call April 18, 2013.
Oppenheimer Industrial Growth Conference May 14, 2014.
Fourth Quarter / Full Year Earnings 2008 Kimberly Ross Chief Financial Officer March 2, 2009.
THIRD QUARTER 2012 RESULTS.  Year-over-year revenue growth of 5.5% to $32.0 million, at the high end range of guidance  Adjusted fully diluted EPS of.
FOURTH QUARTER AND FULL YEAR 2013 RESULTS March 13, 2014.
Stifel Nicolaus 2017 Industrials Conference June 15, 2017.
Above rising Q investor conference call May 11, 2017.
Third Quarter 2012 Earnings Conference Call October 18, 2012
First Quarter Fiscal Year 2009 Financial Results December 19, 2008
GRACO INC. 4th Quarter 2009 Earnings Conference Call Tuesday,
James Crowe Goldman Sachs Communacopia XVII 2008
Above rising Q investor conference call November 9, 2017.
“Safe Harbor Statement”
FY2018 Second Quarter Earnings Presentation Ended March 31, 2018
Financial Results CY th February, 2007
First Quarter Fiscal Year 2016
Wachovia’s 19th Annual Mid-Year Equity Conference
FBD Holdings plc 2008 Interim Results August
R.W. Baird Global Industrial Conference November 7, 2018
Zach Parker, President and Chief Executive Officer
Infosys Investor Relations © Infosys Technologies Limited
ICON Quarter 3, 2009 Results ended September 30, 2009
Liberty Interactive Corporation Q3-11 Earnings Call November 8, 2011
2018 THIRd Quarter Results NASDAQ: fult
Fiscal 3Q’13 Earnings Presentation
4Q 2018 Earnings Presentation
Investor Presentation
Fy16 earnings update 12 August 2016.
Presentation transcript:

This presentation contains statements that are forward looking in nature and, accordingly, are subject to risks and uncertainties. Factors that could cause future results to differ from current expectations include risks associated with the company’s, competition, changing market and economic conditions, acquisitions/divestitures, corporate strategy, currency fluctuations and additional factors discussed in this presentation and in Spherion’s filings with the Securities and Exchange Commission. The company’s actual results may differ materially from any projections contained in this presentation. Additionally, this presentation includes certain Non-GAAP financial measures. Management believes the Non-GAAP financial measures are useful in evaluating its operations but should not be considered in isolation or as an alternative to financial measures of performance as determined by generally accepted accounting principles. See May 3, 2006 Earnings Release for a reconciliation of Non-GAAP financial measures to our GAAP financial results. Spherion Corporation June 13, 2006 “Safe Harbor Statement” 2

3 About Spherion Our foundation for growth  Diversified staffing company —60 + years experience —650 company owned, license & franchise locations —7 th largest in U.S.  North American Focused —$80+ billion market —Top 5 competitors = 15% —50% of market is professional  Leverageable model —Breadth of skills and services —National office network —Modern technology $2.7 $2.2 $1.8 $1.7 $2.0 REVENUES (in billions) $2.0

4 About Spherion Strategic Evolution Create Value Deliver integrated solutions in staffing and recruiting 2005 Refine Strategic Focus 2006 Grow & Leverage Lead & Consolidate CREATE VALUE Customer Candidates Shareholders  Targeted growth  Gross profit margin expansion  Operational effectiveness  Financial discipline

5 About Spherion Competitive Positioning Providing Integrated Solutions Leading the Industry Meeting Evolving Needs of Customers & Candidates Delivering Service Excellence Meeting Evolving Needs of Customers & Candidates Delivering Service Excellence Integrated Company Integrated Expertise & Knowledge Integrated with clients Integrated Services

6 Strategic Initiatives Targeted Growth & Margin Expansion 55% 40% 45% 60% LargeSmall/Medium New Business Focus:  Increase mid-marketpenetration  Expand relationshipbusiness  Maintain large accountbase

7 Strategic Initiatives Operational Effectiveness  Branch Network —Fill unused capacity and increase productivity – More recruiters, more calls, more assignments —Optimize service mix – Perm placement and client mix —Increase candidate flow  Centralized Recruiting —Lower cost delivery —Project/recruitment outsourcing Improve Operating Leverage:

8 Strategic Initiatives Priorities 2006 Grow & Leverage  Targeted growth  Gross profit margin expansion  Operational effectiveness  Financial discipline

Financial Update Teri Miller

10 TARGETED GROWTH MARGIN EXPANSION OPERATIONAL EFFECTIVENESS FINANCIAL DISCIPLINE  Grow REVENUE at or better than market  Expand GP MARGIN +50 BP per year  Reduce SG&A to 80% of gross profit  Lower DSO by 1 day per quarter +110 BP 93.1% - 6 days FY 2005 FY % Financial Update Progress against our goals +170 BP 96.8% - 1 day Q1‘ %

11 Financial Update Balance Sheet & Cash Flow (in millions) Q1 ‘06 Cash$5.2$30.2$31.7 Debt($49.3)($6.9)($5.9) Net Debt($44.1)$23.3$25.8 Net Debt to Capital 9.1%(5.6%)(6.4%) Operating CF$6.1$71.8$18.0 Cap Ex$12.1$9.7$6.9 Share Repurchase-$24.0$14.1 DSO Goal: reduce DSO by 1 day per qtr. In Day of DSO = $5.1M cash

12 Financial Update Quarterly Trend & Guidance Q2Q1 Q2Q3Q4 Revenue $465 to $485$464$506$477$492$497 y/y Growth(3.0%) to 1.2%(8.6%)8.2%(1.9%)(3.0%)(9.0%)* Seq. Growth0.0% to 4.4%(7.1%) (7.4%)*(5.7%)3.3% 0.9% Gross Profit $105 $110$114 Temp GP%18.2%17.6%18.3%18.4%19.0% Total GP%22.5%20.8%22.0%22.4%23.0% EBIT $3.4 $1.5$3.8$9.3$13.6 EPS** $0.04 to $0.08$0.04$0.02$0.04$0.11$ *Excludes impact of 53 rd week **EPS from continuing operations

13 Positioned for Growth Formula for Success  Strategy aligns most attractive part of market and our capabilities  Sales team aligned with targeted customer segments  Specialized delivery teams aligned with customer values and candidate trends  Rewards aligned with delivering shareholder value