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  "documentTitle": "Azek | Investor Presentation Deck | 37 slides",
  "authorId": "azek",
  "authorName": "The AZEK Company",
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  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2021-09-01 00:00:00",
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  "pageNumber": 32,
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  "notes": "Includes a photo of production lines and a financial table for leverage metrics.",
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      "text": "Example New Production Lines - Wilmington, OH",
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      "text": "CAPITAL ALLOCATION PRIORITIES: Invest to support the business (Organic growth, operational and recycling investments), Strategic M&A (Product adjacencies, new technologies), Debt repayment (Target net leverage in the ~2.5x Adj. EBITDA range)",
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      "text": "STRATEGIC CAPACITY INVESTMENTS: Multi-phase capacity expansion, Phase I & II complete, Upsized program by ~$50M-$60M, New facility in Boise, ID, Expected 85% incremental decking production yield",
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      "text": "Source: Company financials. Note: Refer to Appendix for reconciliations for total debt, net debt and net leverage.",
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      "text": "NET LEVERAGE SUMMARY – LTM 6/30/21: Cash $220, Total Debt $468, Net Debt $247, LTM Q3 2021 Adj. EBITDA $259, Total Leverage 1.8x, Net Leverage 1.0x",
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      "text": "STRONG CASH FLOWS AND MODEST LEVERAGE PROVIDE FLEXIBILITY TO SUPPORT ORGANIC GROWTH AND STRATEGIC M&A",
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      "text": "DISCIPLINED APPROACH TO CAPITAL DEPLOYMENT",
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