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WillScot Mobile Mini (WSC) Investor Presentation - Slideshow
2022-06-10 20:17
WSC Board of Directors Say-On- Pay Outreach and Engagement May 2022 – June 2022 WILLSCOT · MOBILE MINI SAFE HARBOR Forward Looking Statements This presentation contains forward-looking statements (including the guidance/outlook contained herein) within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and Section 21E of the Securities Exchange Act of 1934, as amended. The words "estimates," "expects," "anticipates," "believes," "forecasts," "plans," "intends," "may," "will," "should," ...
WillScot Mobile Mini (WSC) - 2022 Q1 - Earnings Call Transcript
2022-04-30 06:30
Willscot Mobile Mini Holdings Corp. (NASDAQ:WSC) Q1 2022 Earnings Conference Call April 28, 2022 10:00 AM ET Company Participants Nick Girardi - Director, Treasury & IR Bradley Soultz - CEO & Director Timothy Boswell - President & CFO Conference Call Participants Manav Patnaik - Barclays Scott Schneeberger - Oppenheimer Kevin McVeigh - Credit Suisse Stanley Elliott - Stifel Steven Ramsey - Thompson Research Group Phil Ng - Jefferies Andrew Wittmann - Baird Courtney Yakavonis - Morgan Stanley Brent Thielman ...
WillScot Mobile Mini (WSC) - 2022 Q1 - Earnings Call Presentation
2022-04-29 21:27
| --- | --- | --- | --- | |---------------------------------|-------|-------|-------| | April 28, 2022 | | | | | Quarterly Investor | | | | | Presentation First Quarter 2022 | | | | | | | | | | | | | | Safe Harbor Forward Looking Statements This presentation contains forward-looking statements (including the guidance/outlook contained herein) within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and Section 21E of the Securities Exchange Act of 1934, as amended. The words "estimate ...
WillScot Mobile Mini (WSC) - 2022 Q1 - Quarterly Report
2022-04-28 15:15
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission File Number: 001-37552 WILLSCOT MOBILE MINI HOLDINGS CORP. (Exact name of registrant as specified in its charter) (State or other jurisdi ...
WillScot Mobile Mini (WSC) - 2021 Q4 - Earnings Call Presentation
2022-02-28 05:52
| --- | --- | --- | --- | |----------------------------------|-------|-------|-------| | February 25, 2022 | | | | | Quarterly Investor | | | | | Presentation Fourth Quarter 2021 | | | | | | | | | | | | | | Safe Harbor Forward Looking Statements This presentation contains forward-looking statements (including the guidance/outlook contained herein) within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and Section 21E of the Securities Exchange Act of 1934, as amended. The words "est ...
WillScot Mobile Mini (WSC) - 2021 Q4 - Earnings Call Transcript
2022-02-25 19:03
Financial Data and Key Metrics Changes - The company generated $1.9 billion in revenue, $740 million in adjusted EBITDA, and over $300 million in free cash flow for 2021, exceeding original guidance by approximately 8% for revenue and 6% for adjusted EBITDA [8][27] - The adjusted gross profit percentage expanded by 70 basis points for the year, while EBITDA margins expanded by 30 basis points, and net income increased by 113% [38] - The return on invested capital was up 180 basis points in the quarter and over 200 basis points for the year, demonstrating profitability expansion at all levels [38] Business Line Data and Key Metrics Changes - The North America Modular segment achieved a Value-Added Products and Services (VAPS) delivered rate of $393, up 26% year-over-year [19] - Average monthly rental rates for North America Modular increased by about 20% year-over-year, while North America Storage saw a 9% increase in average monthly rental rates for portable storage units, the largest increase on record [22][23] - The company added 15,700 storage units and about 5,800 modular units to its North America fleet through acquisitions [11] Market Data and Key Metrics Changes - The company experienced robust demand across diverse end markets, with a 30% year-over-year increase in the unit on rent portfolio for the Storage segment [60] - Delivery rates increased by 4% year-over-year throughout 2021, with expectations for similar increases in 2022 [59] - The company reported that total revenues were 18% above 2019 levels, indicating resilience through the pandemic [34] Company Strategy and Development Direction - The company plans to leverage growth initiatives highlighted in the Investor Day to drive substantial value creation, focusing on VAPS and expanding offerings in Modular and portable storage units [15][49] - The company aims to harmonize CRMs and enhance data analytics capabilities to target local opportunities while leveraging its national footprint [16] - The M&A pipeline remains robust, with a focus on integrating acquisitions to compound organic growth [16][48] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving a $500 million free cash flow run rate milestone in the second half of 2022 and a goal of exceeding $1 billion in EBITDA [18][49] - The company is focused on managing inflationary pressures, particularly in labor and fuel costs, while maintaining margin expansion [96][98] - Management highlighted the importance of human capital investments to support growth initiatives and the overall strategy [31][70] Other Important Information - The company returned $364 million to shareholders through share repurchases, reducing the economic share count by about 4% [9] - The company is committed to ESG initiatives, focusing on sustainability, safety, and diversity [14] Q&A Session Summary Question: Investments to support growth and margin performance - Management noted that significant investments in human capital and M&A teams were made to support growth, which contributed to margin pressure in the quarter [55] Question: Dynamics on orders and returns - Return rates for Modular units are down about 11% relative to 2019 levels, while delivery rates were up 4% year-over-year [58] Question: Dilutive impact of acquisitions - The dilutive impact from acquisitions was estimated at about 100 basis points in Q4, with expectations for revenue growth from these acquisitions in 2022 [63] Question: Run rate for SG&A - SG&A will be carefully managed, with investments in marketing, data analytics, and operations excellence to support growth [66][68] Question: M&A contribution to adjusted EBITDA - Management reiterated that the expected adjusted EBITDA contribution from M&A remains unchanged, with a focus on tuck-in acquisitions [74] Question: Pricing dynamics in Storage - The company has seen a 9% increase in Storage pricing, driven by both market and company-specific factors, with expectations for continued pricing power [82][84]
WillScot Mobile Mini (WSC) - 2021 Q4 - Annual Report
2022-02-25 16:19
| UNITED STATES | | --- | | SECURITIES AND EXCHANGE COMMISSION | | Washington, D.C. 20549 | FORM 10-K | | (Mark One) | | --- | --- | | ☒ | ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | | | For the fiscal year ended December 31, 2021 | | | OR | | ☐ | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | For the transition period from ___ to ___ Commission File Number: 001-37552 WILLSCOT MOBILE MINI HOLDINGS CORP. (Exact name of reg ...
WillScot Mobile Mini (WSC) - 2021 Q3 - Earnings Call Transcript
2021-11-05 19:29
WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) Q3 2021 Earnings Conference Call November 5, 2021 10:00 AM ET Corporate Participants Nick Girardi - Director-Treasury and Investor Relations Brad Soultz - Chief Executive Officer Tim Boswell - Chief Financial Officer Conference Call Participants Kevin McVeigh - Credit Suisse Andrea Whitman - Baird Scott Schneeberger - Oppenheimer Courtney Yakanovis - Morgan Stanley Stanley Elliott - Stifel Steven Ramsey - Thompson Research Phil Ng - Jefferies Ross Gilardi - B ...
WillScot Mobile Mini (WSC) - 2021 Q3 - Quarterly Report
2021-11-05 18:21
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission File Number: 001-37552 WILLSCOT MOBILE MINI HOLDINGS CORP. (Exact name of registrant as specified in its charter) (State or other jur ...
WillScot Mobile Mini (WSC) - 2021 Q2 - Earnings Call Transcript
2021-08-07 20:57
WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) Q2 2021 Earnings Conference Call August 6, 2021 10:00 AM ET Company Participants Nick Girardi – Director-Treasury and Investor Relations Brad Soultz – Chief Executive Officer Tim Boswell – Chief Financial Officer Conference Call Participants Scott Schneeberger – Oppenheimer Kevin McVeigh – Credit Suisse Justin Hauke – Baird Ross Gilardi – Bank of America Steven Ramsey – Thompson Research Sam England – Berenberg Phil Ng – Jefferies Stanley Elliott – Stifel Bre ...