Exhibit 99.1
Annual Shareholder MeetingMay 6, 2014 HickoryTech Corporationdoing business as
Certain statements and projections of future results made in this presentation constitute forward-looking information that is based on current market, competitive and regulatory expectations that involve risk and uncertainty. Except to the extent required by law, we undertake no obligation to update publicly any forward-looking statement after this presentation, whether as a result of new information, future events, changes in assumptions or otherwise. See our latest Forms 10-K and 10-Q for a discussion of risk factors as they relate to forward-looking statements. Today’s presentation includes certain non-GAAP financial measures. You are directed to our website at http://investor.hickorytech.comfor a reconciliation of these measures. Safe Harbor Statement
Diane DewbreyBoard Chair Welcome
Business MeetingCompany UpdateQuestions Agenda
Board of Directors
Proposals
John FinkeEnventis President and CEO Company Update
Executive Team
Transformation
Transformation
Transformation
1898 Mankato Citizens Telephone Company 1998 2014 Fargo-basedacquisition 2012 2006 2009 CP Telecom acquisition 2001 CLEC & ISP Expansion Enventis acquisition Digital TV Services Transformation Unified Brand Cloud Services expansion 2010 Fiber network expansion
Employees 520 2013 Revenue $189M ENVE*65+ yrs of Dividends NASDAQ Years in Service 116 Regional Fiber Network 4,200fiber route miles Business and Broadband Provider 2013 EBITDA $47M Enventis Today… * Company’s future stock ticker symbol
Communicates the “new” Enventis as a leading, regional communications providerSimplifies public, investor, customer and employee communicationsRealizes full value of brand and marketing investments Corporation and services aligned under one brand Enventis – Unified Brand
Enventis Video
2013 Revenue$189 M Strategic Revenue Growth Business & Broadband* Legacy Telecom 2006 Revenue$133 M 5.2% *Broadband revenue is included in Telecom Segment; Legacy Telecom includes all Telecom Segment revenue except broadband revenue
EBITDA Diversification Fiber & Data Telecom, Corp Other Equipment 2013 EBITDA$47 M 2006 EBITDA$34 M 4.7%
4,200 fiber route miles Fargo, North DakotaNorthern MinnesotaMinneapolis-St. PaulSouthern MinnesotaNorthwest Iowa Des Moines, Iowa Target Regions, Fiber Network
Fiber Access Networks Improves customer experienceCreates capital and operational efficienciesProduces higher margins Targeted Edge-Out Fiber Expansion Strategy Long-haul network Fiber Access Network
Enventis Cloud Services ReliableScalableSimple
Diverse Customer Base Extensive Service and Product Portfolio
David ChristensenSr. Vice President and Chief Financial Officer Financial Overview
1898 Mankato Citizens Telephone Company 1998 2013 Fargo, NDIdeaOne expansion 2012 2006 2009 CP Telecom acquisition 2005 CLEC & ISP Expansion Enventis acquisition Transformation 1997
EBITDA ($ in millions) Revenue and Earnings 4.1% Revenue $56 million Revenue growth $13 million EBITDA growth
Debt to EBITDA4.2 x Debt to EBITDA 2.8 x ($ in millions)Net Debt subtracts cash balance from outstanding debt. Debt following historical patterns of decline, improving shareholder value Debt Management
($ in millions) Cash balance of $8 M 12/31/13 Free Cash Flow: $9.5 M Dividend Payout: 83% of FCF 2013 Free Cash Flow
More than 65 years of dividend payments Shareholder Dividends ($ rounded to nearest cent)
Stock Total Return Comparison of 1-year cumulative total return Peer index includes: LMOS, CNSL, FRT, CTL, WIN
Stock Total Return Comparison of 8-year cumulative total return Peer index includes: LMOS, CNSL, FRT, CTL, WIN
Key Strategic Initiatives Growth through organic and strategic initiatives
Enventis Investment Strengths Cash Flow Growing EBITDAStrong Balance Sheet Dividend Return 65+ years Dividend Return Growth Goal 116-years of Financial StabilityAdaptable and Progressive Proven Record Diversified Revenue Shareholder Value
enventis.com NASDAQ: ENVE Thank You
Appendix Reconciliation of Non-GAAP Measures
Appendix Reconciliation of Non-GAAP Measures
Appendix Reconciliation of Non-GAAP Measures
Appendix Reconciliation of Non-GAAP Measures