A few tips!s22.q4cdn.com/753576064/files/doc_presentations/2019/HMH-Inves… · Details may not sum...
20
Transcript of A few tips!s22.q4cdn.com/753576064/files/doc_presentations/2019/HMH-Inves… · Details may not sum...
![Page 1: A few tips!s22.q4cdn.com/753576064/files/doc_presentations/2019/HMH-Inves… · Details may not sum to tota due to rounding 2 An operating measure whichwe derive from net sa es taking](https://reader034.fdocuments.in/reader034/viewer/2022052023/60389d3a39a4e85dfb74496b/html5/thumbnails/1.jpg)
![Page 2: A few tips!s22.q4cdn.com/753576064/files/doc_presentations/2019/HMH-Inves… · Details may not sum to tota due to rounding 2 An operating measure whichwe derive from net sa es taking](https://reader034.fdocuments.in/reader034/viewer/2022052023/60389d3a39a4e85dfb74496b/html5/thumbnails/2.jpg)
![Page 3: A few tips!s22.q4cdn.com/753576064/files/doc_presentations/2019/HMH-Inves… · Details may not sum to tota due to rounding 2 An operating measure whichwe derive from net sa es taking](https://reader034.fdocuments.in/reader034/viewer/2022052023/60389d3a39a4e85dfb74496b/html5/thumbnails/3.jpg)
![Page 4: A few tips!s22.q4cdn.com/753576064/files/doc_presentations/2019/HMH-Inves… · Details may not sum to tota due to rounding 2 An operating measure whichwe derive from net sa es taking](https://reader034.fdocuments.in/reader034/viewer/2022052023/60389d3a39a4e85dfb74496b/html5/thumbnails/4.jpg)
![Page 5: A few tips!s22.q4cdn.com/753576064/files/doc_presentations/2019/HMH-Inves… · Details may not sum to tota due to rounding 2 An operating measure whichwe derive from net sa es taking](https://reader034.fdocuments.in/reader034/viewer/2022052023/60389d3a39a4e85dfb74496b/html5/thumbnails/5.jpg)
![Page 6: A few tips!s22.q4cdn.com/753576064/files/doc_presentations/2019/HMH-Inves… · Details may not sum to tota due to rounding 2 An operating measure whichwe derive from net sa es taking](https://reader034.fdocuments.in/reader034/viewer/2022052023/60389d3a39a4e85dfb74496b/html5/thumbnails/6.jpg)
$1.1B
$.2B
$1.3B
$11B
![Page 7: A few tips!s22.q4cdn.com/753576064/files/doc_presentations/2019/HMH-Inves… · Details may not sum to tota due to rounding 2 An operating measure whichwe derive from net sa es taking](https://reader034.fdocuments.in/reader034/viewer/2022052023/60389d3a39a4e85dfb74496b/html5/thumbnails/7.jpg)
$
![Page 8: A few tips!s22.q4cdn.com/753576064/files/doc_presentations/2019/HMH-Inves… · Details may not sum to tota due to rounding 2 An operating measure whichwe derive from net sa es taking](https://reader034.fdocuments.in/reader034/viewer/2022052023/60389d3a39a4e85dfb74496b/html5/thumbnails/8.jpg)
•
•
•
•
•
•
•
•
![Page 9: A few tips!s22.q4cdn.com/753576064/files/doc_presentations/2019/HMH-Inves… · Details may not sum to tota due to rounding 2 An operating measure whichwe derive from net sa es taking](https://reader034.fdocuments.in/reader034/viewer/2022052023/60389d3a39a4e85dfb74496b/html5/thumbnails/9.jpg)
![Page 10: A few tips!s22.q4cdn.com/753576064/files/doc_presentations/2019/HMH-Inves… · Details may not sum to tota due to rounding 2 An operating measure whichwe derive from net sa es taking](https://reader034.fdocuments.in/reader034/viewer/2022052023/60389d3a39a4e85dfb74496b/html5/thumbnails/10.jpg)
![Page 11: A few tips!s22.q4cdn.com/753576064/files/doc_presentations/2019/HMH-Inves… · Details may not sum to tota due to rounding 2 An operating measure whichwe derive from net sa es taking](https://reader034.fdocuments.in/reader034/viewer/2022052023/60389d3a39a4e85dfb74496b/html5/thumbnails/11.jpg)
![Page 12: A few tips!s22.q4cdn.com/753576064/files/doc_presentations/2019/HMH-Inves… · Details may not sum to tota due to rounding 2 An operating measure whichwe derive from net sa es taking](https://reader034.fdocuments.in/reader034/viewer/2022052023/60389d3a39a4e85dfb74496b/html5/thumbnails/12.jpg)
![Page 13: A few tips!s22.q4cdn.com/753576064/files/doc_presentations/2019/HMH-Inves… · Details may not sum to tota due to rounding 2 An operating measure whichwe derive from net sa es taking](https://reader034.fdocuments.in/reader034/viewer/2022052023/60389d3a39a4e85dfb74496b/html5/thumbnails/13.jpg)
![Page 14: A few tips!s22.q4cdn.com/753576064/files/doc_presentations/2019/HMH-Inves… · Details may not sum to tota due to rounding 2 An operating measure whichwe derive from net sa es taking](https://reader034.fdocuments.in/reader034/viewer/2022052023/60389d3a39a4e85dfb74496b/html5/thumbnails/14.jpg)
•
•
•
•
•
$127
$116
$104
$124
$139
$123
2013 2014 2015 2016 2017 2018
![Page 15: A few tips!s22.q4cdn.com/753576064/files/doc_presentations/2019/HMH-Inves… · Details may not sum to tota due to rounding 2 An operating measure whichwe derive from net sa es taking](https://reader034.fdocuments.in/reader034/viewer/2022052023/60389d3a39a4e85dfb74496b/html5/thumbnails/15.jpg)
•
•
•
•
•
•
•
![Page 16: A few tips!s22.q4cdn.com/753576064/files/doc_presentations/2019/HMH-Inves… · Details may not sum to tota due to rounding 2 An operating measure whichwe derive from net sa es taking](https://reader034.fdocuments.in/reader034/viewer/2022052023/60389d3a39a4e85dfb74496b/html5/thumbnails/16.jpg)
•
•
•
•
• → →
•
•
![Page 17: A few tips!s22.q4cdn.com/753576064/files/doc_presentations/2019/HMH-Inves… · Details may not sum to tota due to rounding 2 An operating measure whichwe derive from net sa es taking](https://reader034.fdocuments.in/reader034/viewer/2022052023/60389d3a39a4e85dfb74496b/html5/thumbnails/17.jpg)
![Page 18: A few tips!s22.q4cdn.com/753576064/files/doc_presentations/2019/HMH-Inves… · Details may not sum to tota due to rounding 2 An operating measure whichwe derive from net sa es taking](https://reader034.fdocuments.in/reader034/viewer/2022052023/60389d3a39a4e85dfb74496b/html5/thumbnails/18.jpg)
![Page 19: A few tips!s22.q4cdn.com/753576064/files/doc_presentations/2019/HMH-Inves… · Details may not sum to tota due to rounding 2 An operating measure whichwe derive from net sa es taking](https://reader034.fdocuments.in/reader034/viewer/2022052023/60389d3a39a4e85dfb74496b/html5/thumbnails/19.jpg)
![Page 20: A few tips!s22.q4cdn.com/753576064/files/doc_presentations/2019/HMH-Inves… · Details may not sum to tota due to rounding 2 An operating measure whichwe derive from net sa es taking](https://reader034.fdocuments.in/reader034/viewer/2022052023/60389d3a39a4e85dfb74496b/html5/thumbnails/20.jpg)