The text looks broken-up or condensed when it comes out of pdf2picture. Why?
Try deselecting the “Convert Characters to Strings” option in the General tab of the Options menu. Doing so will carefully place every character individually in the output instead of trying to recreate the actual words as objects. This option is turned on by default to combine individual characters into words and words into lines during conversion. This is a nice option to ease editing when it works but is dependent on the perfect alignment of inbound text. When turned off, every character will be placed precisely as it was in the original.