Scotts Miracle-Gro(SMG) - 2024 Q1 - Earnings Call Presentation

Restructuring (Non- GAAP) 95.7 20.1% Income tax benefit 31.4% (0.15) Calculation of Adjusted EBITDA: (80.5) S (29.6) 42.7 17.5 7.7 Equity in loss of unconsolidated affiliates Interest income 20.9 Adjusted EBITDA (Non-GAAP) Year Ended September 30, 2019 2016 $ (129.0) $ 226.8 Investments in property, plant and equipment (42.4) (58.3) $ 185.7 19 ● During fiscal 2022, the Company began implementing a series of organizational changes and initiatives intended to create operational and management-level efficienci ...