Page 55 - Noble's TMT Consumer Virtual Equity Conference 2024

Steelcase Inc.

SELECTED FINANCIAL ITEMS SCS
(in millions of USD)
CQ2 '23 CQ3 '23 CQ4 '23 CQ1 '24 LTM
Income Statement Key Items
Total Revenue 854.60 777.90 775.20 727.30 3,135.00
Gross Profit 284.80 252.40 243.60 241.40 1,022.20
Gross Margin 33% 32% 31% 33% 33%
EBIT 43.60 33.50 24.30 23.90 125.30
EBIT Margin 5% 4% 3% 3% 4%
Net Income to Common Shareholders 27.50 30.80 21.30 10.90 90.50
Net Margin 3% 4% 3% 1% 3%

Balance Sheet Key Items
Total Assets 2,198.60 2,246.90 2,236.70 2,127.40 2,127.40
Cash & Short Term Investments 153.60 262.00 318.60 173.20 173.20
% of Assets 7% 12% 14% 8% 8%
Current Assets -Total 901.20 968.80 959.40 862.20 862.20
% of Assets 41% 43% 43% 41% 41%
Total Liabilities 1,345.50 1,371.00 1,349.60 1,254.30 1,254.30
% of Assets 61% 61% 60% 59% 59%
Current Liabilities - Total 589.90 630.60 607.10 535.10 535.10
% of Assets 27% 28% 27% 25% 25%
Long Term Debt 445.90 446.10 446.30 446.50 446.50
% of Assets 20% 20% 20% 21% 21%
Total Equity 853.10 875.90 887.10 873.10 873.10
% of Assets 39% 39% 40% 41% 41%

Cash Flow Statement Key Items
Net Cash Flow - Operating Activities 119.90 120.10 57.40 (59.10) 238.30
Net Cash Flow - Investing 1.30 4.70 11.30 (46.60) (29.30)
Net Cash Flow - Financing (7.40) (16.30) (11.90) (40.00) (75.60)

Source: Capital IQ

PRICE / VOLUME

Source: Channelchek/QuoteMedia

Noble Capital Markets Emerging Growth Consumer / Entertainment / Media Conference