ROFIN-SINAR Technologies
|
|
- Joel Carter
- 5 years ago
- Views:
Transcription
1 ROFIN-SINAR Technologies Nasdaq RSTI US FY 2014 / 3 M Investor Presentation, March 2014
2 SAFE HARBOR STATEMENT Introduction Safe Harbor Statement Under the Private Security Litigation Reform Act During the course of this presentation, we will make projections or other forward-looking statements regarding future events or the future financial performance of the Company. We wish to caution you that such statements reflect only our current expectations, and that actual events or results may differ materially. We refer you to the risk factors and cautionary language contained in the documents that the Company files from time to time with the Securities and Exchange Commission, including the Company s Annual Report on Form 10-K for the fiscal year ended September 30, Such documents contain and identify important factors that could cause our actual results to differ materially from those contained in our projections or forward-looking statements. We undertake no obligation to update such projections or such forward-looking statements in the future.. Page 2
3 Standort Hamburg ROFIN AT A GLANCE Company is a global leader in the development and manufacture of lasers and laser-based technologies for industrial material processing applications Company Brief Headquartered in Plymouth, MI, and Hamburg (Germany) Revenue Snapshot FY 2014/3M: $121.2 million FY 2013 : $560.1 million Worldwide > 2,250 employees Over 4,000 customers around the globe Macro 41% Components 13% Micro & Marking 46% Global production, sales & service network Installed base of 49,000 laser units Revenues with service & spare parts typically > 25% of revenues Split by application Q1/2014 Asia 31% Europe 49% North America 20% Split by region Q1/FY2014 Page 3
4 As percentage of laser-related sales MARKETS & GROWTH DRIVERS Company Total Net Sales: FY 2014/3M: $121.2 million (thereof laser-related: $69.5 million) FY 2013: $560.1 million (thereof laser-related: $343.2 million) Primary Markets Machine tool 40% Automotive & Sub-Suppliers 7% Consumer electronics Photovoltaics 18% Semiconductor Current Market Situation Good demand for high- fiber lasers and for CO 2 lasers with lower output s; still upside potential for organic material processing applications Good project across all applications; improving order entry expected CE business level weak in Q1; but good project base, i.e. for sapphire cutting, marking, plastic processing, spot welding Very low business level in Q1; but still fab projects in China with potential for laser applications for efficiency increase of solar cells Reasonable business in Q1; slow business for backend applications but good projects for frontend applications Medical device industry Flexible packaging Others (i.e. M&D, Watch, Jewelry) 35% NA stable, but upside potential through new laws requiring tracking; Good potential in Asia; Europe stable Currently good business level M&D: Depending mainly on US programs; outlook has improved Watch industry: Switzerland-based Page 4
5 FOCUSED SALES - The Group s Brands Company Primary applications: Additional Primary applications: Group Brands Fine Cutting, such & Welding, as NUFERN Marking Complement Surface & Treatment Engraving Micro Structuring With Low The Group s Perforating Laser With Output High & With Component Output Powers Low To Medium Output Powers Portfolio Page 5
6 KEY FINANCIALS - Historical Overview Financials 700 In Mio. USD Order Entry Revenue Order Backlog Net Income * FY2014/3M Financial Crisis Net Income: 2.2 Mio /3M 0 US$/Euro: 0,79 0,81 0,75 0,67 0,74 0,74 0,72 0,77 0,76 0,73 * Attributable to RSTI Page 6
7 FINANCIAL KEY FIGURES Financials KEY FIGURES (in US$ million**) /3M Revenue Cost of goods sold * Gross profit Selling, general & administrative * Research & development* Income from operations Interest expense net (3.0) (0.1) Taxes Net income (attributable to RSTI) EPS diluted Order entry Order backlog Weighted average s/o in million CASH FLOW (in US$ million) /3M Cash flow from operations Cash flow from investing 52.2 (18.2) (8.3) (28.5) (39.4) (15.5) (11.5) Thereof Capex (14.5) (7.8) (8.6) (21.8) (27.3) (16.2) (2.0) Depreciation/Amortization EARNINGS GUIDANCE (subject to safe harbor statement) 2014/Q1 Revenues $123 - $128 million Gross profit (in percentage of net sales) 33% - 35% Period expenses (in percentage of net sales, incl. intangible amortization) approx. 30% EPS $0,08 - $0,12 * Excl. intangibles amortization - ** Except per share amounts Page 7
8 FINANCIAL MODEL Financials KEY FIGURES (as percentage of net sales) /3M Revenue 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% Cost of goods sold 56.8% 62.2% 60.7% 61.2% 63.6% 64.9% 65.9% Gross profit 43.2% 37.8% 39.3% 38.8% 36.4% 35.1% 34.1% Selling, general & administrative 18.3% 25.4% 21.2% 18.0% 18.7% 18.2% 21.0% Research & development 7.1% 9.0% 7.1% 6.4% 7.9% 7.7% 9.5% Income from operations 16.6% 2.3% 10.4% 14.0% 9.3% 8.8% 3.0% Interest expense / (Income) (0.5)% 0.1% 0.1% 0.0% 0,0% 0.0% 0.2% Net income (attributable to RSTI) 11.1% 2.6% 7.0% 10.0% 6.4% 6.2% 1.8% Effective Tax Rate 34.4% 36.1% 34.1% 29.9% 32.8% 28.8% 35.4% Revenue from service, training, spare parts 25% 30% 30% 26% 28% 26% 29% Revenue from components 10% 12% 10% 10% 12% 13% 13% EBIT 16.4% 4.2% 10.8% 14.4% 9.6% 8.7% 3.1% EBITDA 19.2% 7.9% 13.5% 16.6% 12.1% 11.5% 6.5% RETURN ANALYSIS ROE*** 15.8% 2.2% 7.2% 12.7% 7.1% 6.4% ROWC 24.7% 3.3% 10.4% 18.0% 10.8% 9.3% *** Equity excl. minority interest Page 8
9 STRONG BALANCE SHEET Financials ASSETS (in US$ million) 12/31/ /30/2013 Total current assets 478, ,292 Including: Topic Four Cash, cash equivalents & short term investments 144, ,977 Trade accounts receivable, net 96, ,665 Inventories, net 199, ,460 Total non-current assets 220, ,618 Total assets 698, ,910 LIABILITIES & STOCKHOLDERS EQUITY 12/31/ /30/2013 Total current liabilities 94, ,514 Including: Short-term debt 4,548 3,709 Trade accounts payable 20,454 24,596 Total non-current liabilities 51,189 47,978 Including: Long-term debt 14,801 14,913 Net stockholders' equity 553, ,418 Total liabilities and stockholders equity 698, ,910 Days Sales Outstanding Equity Ratio 79% 78% Page 9
10 THE MARKET FOR INDUSTRIAL LASERS Laser Market Global Laser Revenues 2013 ~ US$ 2.4 billion* + 3.6% Global Laser Revenues 2014 E ~ US$ 2.5 billion* + 4.6% Thereof: Thereof: SSL 19% SSL 18% CO 2 36% 12% FL 33% CO 2 32% 12% FL 38% Other Other ROFIN is present in all technologies with the exception of Other! Source: Industrial Laser Solutions / January 2014 The presentation mode has changed category other includes i.e. direct diode lasers. Data for revenues with laser units only! * All industrial lasers excluding excimer! Page 10
11 COMPETITIVE LANDSCAPE Laser Market Company GSI Revenue latest FY $ 560 mm 2.3 bn $ 810 mm $ 648 mm $ 271 mm ~ $ 705 mm $ 560 mm Laser mat. proc. % of net sales Stock exchange: ~ $ 485 mm ~ 87% Nasdaq: RSTI ~ 640 mm* ~ 27% (*incl. ~ 60 mm EUV) Priv. Owned ~ $ 535 mm* ~ 65% Nasdaq: COHR ~ $ 610 mm ~ 94% Nasdaq: IPGP ~ $ 108 mm ~ 40% Nasdaq: GSIG ~ $ 410 mm ~ 58% Shenzhen SE ~ $ 120 mm* ~ 20% Nasdaq: NEWP Industrial Lasers C0 2 incl. Slab Technology Lamp/Diode-pumped SSL Fiber Diode laser Ultra-short pulse High Low High * Low High () () Low High Low? High Low High Low High Low? Competitive Position Covering all technologies #2 in fiber lasers Main competitor in terms of: - portfolio - global presence - market share * Fiber laser = SPI Laser Strong in microelectronics with UV and excimer Lasers Main competitor in terms of: - fiber lasers (#1) - global presence - market share #1 in low- CO 2 lasers by Units (Synrad) Changing to system manufacturer; less laser manufacturer Strong in science & research; less in industrial applications * incl. microelectronics * Only industrial manuf. Page 11
12 ROFIN s FIBER LASER PORTFOLIO Technology The Group s Comprehensive Range of Fiber Lasers Fiber laser-related figures FY2014/3M: Sales: 212 Units (USD 17.0 million) Order Entry: 245 Units (USD 18.6 million) Backlog: 274 Units (USD 30.7 million) HIGH-POWER SERIES MEDIUM-POWER SERIES LOW-POWER SERIES & AMPLIFIERS Page 12
13 ROFIN s FIBER LASER TECHNOLOGY TECHNOLOGY - Fiber Laser Technology Vertical integration! PRODUCTION OF DIODES PRODUCTION OF DIODES WAFER DIODE PACKAGE LOW IMPACT LOW RISK 4 FIBER PREFORM LOW IMPACT LOW RISK 5 ACTIVE FIBER LOW IMPACT LOW RISK LOW IMPACT LOW RISK FIBER LASER MODULE LOW IMPACT LOW RISK 6 FIBER LASER UNIT w. PUMP MODULE LOW IMPACT LOW RISK 7 FIBER LASER From Chips to Multi-kW Fiber Lasers Technology LOW IMPACT LOW RISK Page 13
14 ROFIN s FIBER LASER CONCEPT Technology ROFIN s PROPRIETARY FIBER LASER DESIGN PUMP MODULE & FIBER LASER UNIT POWER SCALING BY POWER COMBINING Fiber laser combiner 12 x 135 W pump modules Output fiber Fiber laser units Phasing-in 8 x 200 W instead of 12 x 135 W pump modules; targeting 300 W pump modules in kw fiber laser unit realized and in production; targeting 2 kw fiber laser modules in 2014 Page 14
15 LASER TECHNOLOGY TRENDS USPLs Technology Potential for Cold Material Processing with Ultra-Short Pulse Lasers So-called cold lasers process materials faster than energy can diffuse within the atomic lattice. Therefore no heat is transferred to the surrounding material, which eliminates any recast and burr. Dramatically reduced postprocessing is the consequence. Ultra-short pulse lasers such as femto- and picosecond lasers open up new applications in various markets, i.e. in the medical device, semiconductor or solar sector Suitable for bioabsorbable polymers Page 15
16 LASERS FOR ORGANIC MATERIALS Special Markets Vast Market for CO 2 Laser Processing: Organic Materials Cutting & Marking of Paper & Adhesive Foils Leather Processing Infinite application possibilities for low-/medium CO 2 lasers due to their wavelength Packaging Processing Cutting & Marking of Textiles & Other Tissues Cutting of Wood Glas/Acrylics Cutting Page 16
17 LASER POLYMER WELDING Special Markets Potential for Polymer Welding in Various Industrial Sectors Engine Ventilation Components Car Key Housings Press Taps (Packaging Industry) Supplementary Water Pumps By courtesy of By courtesy of Bühler Motor GmbH Page 17
18 LASER SYSTEM SOLUTIONS Special Markets High-End Turnkey Solutions Open Up Potential New Modular Laser Wafer Processing Platform for IGBT (Insulated Gate Bipolar Transistor ) Wafer Backside Annealing, and Wafer Marking ROFIN Waferlase Turnkey System By courtesy of Page 18
19 LASERS FOR MEDICAL DEVICES Special Markets Market Opportunities Through Expansion of Improved Healthcare Fine Welding of Endoscopes Presicion Cutting of Medical Wires & Hyper Tubes Catheter Marking Cutting of Hip Rasps & Other Medical Instruments Bonesaw Cutting Special Markets Laser Technology is an Enabling Technology in Medical Devices: Biocompatible Joining Durable Marking Finest Cuts Surgical instruments cutting welding marking drilling Ophthalmological implants cutting Dental implants welding marking Stents cutting welding marking Orthopedical implants cutting welding marking Pacemakers welding marking Endoscopy cutting welding marking Nuclear seeds welding Therapeutical instruments cutting welding marking drilling Diagnostic devices cutting welding Lab and hospital equipment marking Surgical needles drilling Stent Cutting (Nitinol) Pacemaker Welding Page 19
20 LASERS FOR COMMUNICATION DEVICES Special Markets Spot Welding Housing LP SSL, FL Cutting of Sapphire Glas FL, USPL Mobile & Smart Communication Devices Make Use of Different Laser Technologies Marking Housing & SIM Card DP SSL, FL Degating of Polycarbonate Display CO 2 Laser Welding Metal Frame DP SSL, FL Battery Welding /Marking FL Wafer Annealing CO 2 Laser, Diode Laser Post Sandblast Laser Cleaning DP SSL Plastic Welding Diode Laser Flat Panel/Screen Patterning Lithography Cutting of Mem/SD Card DP SSL USPL, DP SSL, Excimer Excimer, DP SSL, CO 2 Page 20
21 LASERS FOR PACKAGING SOLUTIONS Special Markets LASERS ENABLE INNOVATIVE PACKAGING SOLUTIONS Laser Machine Lines Laser technology provides solutions for the packaging of goods: from weakening of material layers for easy opening and reclosing to laser cutting of patented fruit packaging systems that do not need any metal staples nor glue Pictures by courtesy of Obeikan Page 21
22 LASERS IN DAILY LIFE Light as Enabling Tool... Laser and Last Applications but not Least Light... Up Our Lives... at all times for our loved ones in communications while having a snack with good company for keeping food fresh enjoying leisure time creating masterpieces Page 22
23 GROWTH STRATEGY - Key Items Strategy Focus on new markets & applications Capitalize on global footprint to attract new customers Acquire complementary business operations, products or technologies Growth Strategy New laser products through technological innovation Offer customized solutions based on standard platforms Further expansion in emerging regions Page 23
24 THE ROFIN SHARE Common Stock ROFIN s Common Stock Nasdaq: since 1996 RSTI Frankfurt Stock Exchange: since July 2001 ISIN: US Indices: Russell 2000, S&P SmallCap 600 Shares O/S (diluted, after split): ~ 28.3 million (FY2014/3M) Float: ~ 99% Share distribution: ~ 85% USA, ~ 15% Europe/ROW Fiscal year ends Sept. 30 Earnings results 2 nd quarter FY 2014: May 8, 2014 ROFIN-SINAR Technologies Inc. Investor Relations Contact: c/o ROFIN-SINAR Laser GmbH Katharina Manok Berzeliusstrasse 87 Tel.: Hamburg, Germany Fax: ir@rofin.com Common Stock Page 24
ROFIN-SINAR Technologies
ROFIN-SINAR Technologies Nasdaq RSTI US 7750431022 FY 2014 / 12 M Investor Presentation, Jan. 2015 SAFE HARBOR STATEMENT Safe Harbor Statement Under the Private Securities Litigation Reform Act During
More informationROFIN-SINAR Technologies
ROFIN-SINAR Technologies Nasdaq RSTI US 7750431022 FY 2014 / 9 M Investor Presentation, September 2014 SAFE HARBOR STATEMENT Safe Harbor Statement Under the Private Securities Litigation Reform Act During
More informationROFIN-SINAR Technologies
ROFIN-SINAR Technologies Nasdaq RSTI US 7750431022 FY 2015 / 9 M Investor Presentation, August 2015 SAFE HARBOR STATEMENT Safe Harbor Statement Under the Private Securities Litigation Reform Act During
More informationWE THINK LASER. 6M / Company Presentation. Page 1
WE THINK LASER 6M / 2008 - Company Presentation Nasdaq: RSTI Page 1 Safe Harbor Statement Safe Harbor Statement Under the Private Security Litigation Reform Act During the course of this presentation,
More informationROFIN-SINAR Technologies Inc. Investor Presentation. Nasdaq RSTI US WKN Fiscal Year 2012 / 9 Months
ROFIN-SINAR Technologies Inc. Investor Presentation Nasdaq RSTI US 7750431022 WKN 902757 Fiscal Year 2012 / 9 Months SAFE HARBOR STATEMENT Safe Harbor Statement Under the Private Security Litigation Reform
More informationROFIN-SINAR Technologies
ROFIN-SINAR Technologies Nasdaq RSTI US 7750431022 FY 2013 / 3 Months Investor Presentation SAFE HARBOR STATEMENT Safe Harbor Statement Under the Private Security Litigation Reform Act During the course
More informationROFIN-SINAR Technologies Inc. Investor Presentation. Nasdaq RSTI US FY 2009
ROFINSINAR Technologies Inc. Investor Presentation Nasdaq RSTI US 7750431022 FY 2009 Safe Harbor Statement Safe Harbor Statement Under the Private Security Litigation Reform Act Durg the course this presentation,
More informationINVESTOR PRESENTATION August 2018 IIVI
INVESTOR PRESENTATION August 2018 IIVI Safe Harbor Statement Matters discussed in this presentation may contain forward-looking statements that are subject to risks and uncertainties. These risks and uncertainties
More informationIPG Photonics Corporation. Fourth Quarter 2017 Conference Call Prepared Remarks
IPG Photonics Corporation Fourth Quarter 2017 Conference Call Prepared Remarks Operator: Good morning, and welcome to IPG Photonics' fourth quarter 2017 conference call. Today's call is being recorded
More informationArun Nayar Senior Vice President, Finance and Treasurer
Arun Nayar Senior Vice President, Finance and Treasurer November 18, 2010 Forward-Looking Statements / Safe Harbor Certain statements in this presentation are forward-looking statements within the meaning
More informationINVESTOR PRESENTATION February 2018
INVESTOR PRESENTATION February 2018 IIVI Page 1 Safe Harbor Statement Matters discussed in this presentation may contain forward-looking statements that are subject to risks and uncertainties. These risks
More informationCorporate Presentation. November 2018
Corporate Presentation November 2018 Company Profile FOURLIS GROUP is a leading retail group of companies of quality consumer goods in Southeast Europe. The initial company was founded in 1950. The group
More informationMay 24, 2018 Frankfurt/Main. DVFA Analyst Meeting May 2018 HORNBACH Group 2018
HORNBACH Baumarkt AG DVFA Analyst Meeting May 24, 2018 Frankfurt/Main Page 1 Financial Calendar 2018 HORNBACH Group June 22, 2018 Financial Update: 1st Quarter of 2018/19 as of May 31, 2018 July 5, 2018
More informationNASDAQ OMX 30th Investor Program December 3, 2013
NASDAQ OMX 30th Investor Program Forward Looking Statements Certain statements made in this presentation that are not based on historical information are forward-looking statements which are made pursuant
More informationCanaccord Genuity 33 rd Annual Growth Conference August 14, 2013
Canaccord Genuity 33 rd Annual Growth Conference Forward Looking Statements Certain statements made in this presentation that are not based on historical information are forward-looking statements which
More informationIPG Photonics Corporation. Second Quarter 2017 Conference Call Prepared Remarks
IPG Photonics Corporation Second Quarter 2017 Conference Call Prepared Remarks James Hillier: Thank you Christine and good morning everyone. With us today is IPG Photonics' Chairman and CEO, Dr. Valentin
More informationCOMPANY PRESENTATION. We Laser your World
COMPANY PRESENTATION We Laser your World STAR CONFERENCE, Milan 21/22 March, 2017 DISCLAIMER Certain statements in this slide show, including those addressing the Company s beliefs, plans, objectives,
More informationInterim Report HORNBACH-BAUMARKT-AG GROUP
Interim Report HORNBACH-BAUMARKT-AG GROUP 1st QUARTER 2006/2007 (MARCH 1 MAY 31, 2006) HORNBACH-Baumarkt-AG Group Interim Report (IFRS): First Quarter of 2006/2007 (March 1 May 31, 2006) 2 Pleasing business
More informationMatas FY/Q4 2016/17 Results
Matas FY/Q4 2016/17 Results Forward Looking Statements This presentation contains statements relating to the future, including statements regarding Matas A/S future operating results, financial position,
More informationNeedham Growth Conference. January 15, 2013
Needham Growth Conference Forward Looking Statements Certain statements made in this presentation that are not based on historical information are forward-looking statements which are made pursuant to
More information2011 Fourth Quarter Results
2011 Fourth Quarter Results February, 2012 INVESTOR RELATIONS Disclaimer The financial information in this document are consolidated earnings results based on K-IFRS. The previous earnings results have
More informationHORNBACH Holding AG & Co. KGaA Group. 1 st QUARTER 2017/2018
HORNBACH Holding AG & Co. KGaA Group 1 st QUARTER 2017/2018 Quarterly Statement as of May 31, 2017 2 HORNBACH HOLDING AG & CO. KGaA GROUP QUARTERLY STATEMENT: 1 ST QUARTER OF 2017/2018 HORNBACH HOLDING
More informationWedbush Consumer Conference. December 11, 2012
Wedbush Consumer Conference Forward Looking Statements Certain statements made in this presentation that are not based on historical information are forward-looking statements which are made pursuant to
More informationHORNBACH Holding AG & Co. KGaA Group. 1 st QUARTER 2018/19
HORNBACH Holding AG & Co. KGaA Group 1 st QUARTER 2018/19 Quarterly Statement as of May 31, 2018 2 HORNBACH HOLDING AG & CO. KGaA GROUP STATEMENT ON 1 ST QUARTER OF 2018/19 HORNBACH HOLDING AG & CO. KGaA
More informationRaymond James 11 th Annual North American Equities Conference September 22, 2015
Raymond James 11 th Annual North American Equities Conference Forward Looking Statements Certain statements made in this presentation that are not based on historical information are forward-looking statements
More informationThe 29th Annual Cowen Health Care Conference March 18, Jim Green, President & CEO Analogic Corporation
The 29th Annual Cowen Health Care Conference March 18, 2009 Jim Green, President & CEO Analogic Corporation 1 Safe Harbor Statement Any statements about future expectations, plans, and prospects for the
More informationFor personal use only TOUCHCORP 1H2015 RESULTS PRESENTATION DATED: THURSDAY, 27TH AUGUST 2015
TOUCHCORP 1H2015 RESULTS PRESENTATION DATED: THURSDAY, 27TH AUGUST 2015 DISCLAIMER The material in this presentation has been prepared by Touchcorp Limited ARBN 603 731 184 (Touchcorp) and is general background
More informationHORNBACH Baumarkt AG Group Q3/9M 2017/2018
HORNBACH Baumarkt AG Group Q3/9M 2017/2018 Quarterly Statement as of November 30, 2017 2 HORNBACH BAUMARKT AG GROUP QUARTERLY STATEMENT: 3 RD QUARTER AND 1 ST NINE MONTHS OF 2017/2018 HORNBACH BAUMARKT
More informationThe ADT Corporation Form 10
The ADT Corporation Form 10 April 10, 2012 Forward-Looking Statements / Safe Harbor This presentation contains a number of forward-looking statements. Words, and variations of words, such as expect, intend,
More informationThe NASDAQ 35th Investor Program. November 30,
R The NASDAQ 35th Investor Program November 30, 2016 1 Forward Looking Statements Certain statements made in this presentation that are not based on historical information are forward-looking statements
More informationSidoti & Company Emerging Growth Forum March 17, 2015
Sidoti & Company Emerging Growth Forum March 17, 2015 Forward Looking Statements Certain statements made in this presentation that are not based on historical information are forward-looking statements
More informationDFVA Analyst Meeting 2017
DFVA Analyst Meeting 2017 HORNBACH Holding AG & Co. KGaA September 28, 2017 Frankfurt/Main Page 1 Financial Year 2017/2018 1st Half/2nd Quarter (March August 2017) Page 2 since March 28, 2017 Shareholder
More informationThird Quarter 2016 Results Summary
Third Quarter 2016 Results Summary Disclaimer This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements regarding expectations
More informationP R E S S R E L E A S E
P R E S S R E L E A S E from ASSA ABLOY AB (publ) Stockholm 8 November, 1999 no. 16/99 INTERIM REPORT JANUARY-SEPTEMBER 1999 Sales increased by 19% to SEK 7,532 M (6,317) Income before taxes increased
More informationSidoti Emerging Growth Investor Forum March 18, 2014
Sidoti Emerging Growth Investor Forum March 18, 2014 Forward Looking Statements Certain statements made in this presentation that are not based on historical information are forward-looking statements
More informationQ3/2012 Report Conference Call. aapimplantate AG. Biense Visser, CEO Bruke Seyoum Alemu, COO Marek Hahn, CFO. November 12, 2012
Q3/2012 Report Conference Call aapimplantate AG Biense Visser, CEO Bruke Seyoum Alemu, COO Marek Hahn, CFO November 12, 2012 Highlights Q3/9M 2012 Sales: Q3: Growth of 25 % to 8.6 Mio. (Q3 2011: 6.9 Mio.
More informationFY2017 Consolidated Business Results May 9, 2018 Toshiba Tec Corporation
FY2017 Consolidated Business Results May 9, 2018 Toshiba Tec Corporation Content 01 Key Messages 02 FY2017 Consolidated Business Results 03 FY2018 Forecast 1 Key Messages Toshiba Tec achieved the highest
More informationQ2/2012 Report Conference Call aap Implantate AG
Q2/2012 Report Conference Call aap Implantate AG Biense Visser, CEO Bruke Seyoum Alemu, COO Marek Hahn, CFO August 15, 2012 Highlights Q2/HY1 2012 Sales: Q2: Growth (products) of 18 % to 9.0 Mio. (Q2 2011:
More informationAlmacenes Éxito S.A. Consolidated Financial Results For the three-month period ended March 31. First Quarter 2013 Financial Highlights
Almacenes Éxito S.A. Consolidated Financial Results For the three-month period ended March 31 2013 New Éxito Soledad in Atlántico First Quarter 2013 Financial Highlights Note: Consolidated figures include
More informationCode: CP_ElEnGroup_280504_1
Code: CP_ElEnGroup_280504_1 High-tech lasers for all types of industrial and medical applications El.En. Group is the Italian leader and the European pioneer in the production of laser systems. El.En.
More informationS&T - Company Presentation. May 2015
S&T - Company Presentation May 2015 About S&T AG S&T engineers Appliances for vertical markets Appliances comprise of dedicated hardware + combined software solutions Vertical niche solutions for Automation
More informationNews Release. ADC Media Relations: Mike Smith Office
News Release FOR IMMEDIATE RELEASE Contacts: Tyco Electronics Media Relations: Joan Wainwright 610-893-9500 Office 609-903-5329 Mobile joan.wainwright@tycoelectronics.com ADC Media Relations: Mike Smith
More information35 th Annual Canaccord Genuity Growth Conference August 12, 2015
35 th Annual Canaccord Genuity Growth Conference Forward Looking Statements Certain statements made in this presentation that are not based on historical information are forward-looking statements which
More informationA Global Leader in Engineered Materials & Opto electronic Components. Investor Presentation NASDAQ Global Select: IIVI
A Global Leader in Engineered Materials & Opto electronic Components Investor Presentation NASDAQ Global Select: IIVI Sidoti & Company 17 th Annual Institutional Investor Forum March 18, 2013 Craig A.
More informationNASDAQ:NSSC Protecting America s Homes, Schools and Businesses! November 2017 Corporate Presentation
NASDAQ:NSSC Protecting America s Homes, Schools and Businesses! November 2017 Corporate Presentation Forward Looking Statements This presentation may contain forward-looking statements that involve numerous
More informationBB&T Capital Markets Automotive Aftermarket Conference: Car Talk in the City August 17, 2011
BB&T Capital Markets Automotive Aftermarket Conference: Car Talk in the City August 17, 2011 Forward Looking Statements The Company claims the protection of the safe-harbor for forward-looking statements
More informationMaking the world a safer place to travel QUIXOTE CORPORATION
Making the world a safer place to travel QUIXOTE CORPORATION MISSION ENHANCE THE SAFETY, EFFICIENCY & SECURITY OF TRANSPORTATION SYSTEMS WORLD WIDE. BUSINESS SEGMENTS PROTECT & DIRECT: Provide products
More informationInvestor Briefing. ADT Caps Acquisition. SK Telecom
ADT Caps Acquisition SK Telecom 208. 5. 8 0 ADT Caps Acquisition Disclaimer This presentation contains forward-looking statements with respect to the results of operations and business of SK Telecom (the
More informationNASDAQ:NSSC Protecting America s Homes, Schools and Businesses! August 2018 Corporate Presentation
NASDAQ:NSSC Protecting America s Homes, Schools and Businesses! August 2018 Corporate Presentation Forward Looking Statements This presentation may contain forward-looking statements that involve numerous
More informationCOMPANY PRESENTATION. June 21 th, 2016
COMPANY PRESENTATION June 21 th, 2016 Disclaimer Certain statements in this slide show, including those addressing the Company s beliefs, plans, objectives, estimates or expectations of possible future
More informationNeedham Growth Conference January 10,
R Needham Growth Conference - 2017 January 10, 2017 1 Forward Looking Statements Certain statements made in this presentation that are not based on historical information are forward-looking statements
More informationFor the quarter and six-month period ended June 30, 2010
2 1 Almacenes Éxito S.A Second Quarter Consolidated 2 financial report 1 financial results The converted Éxito Libertador store in Santa Marta For the quarter and six-month period ended June 3, 21 Working
More information16th Annual ICR XChange Conference January 13, 2014
16th Annual ICR XChange Conference January 13, 2014 Forward Looking Statements Certain statements made in this presentation that are not based on historical information are forward-looking statements which
More informationInvestor Presentation February 2012
Investor Presentation February 2012 1 Safe Harbor Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995. Comments made during this presentation include forward-looking statements.
More informationWÜRTH GROUP DIRECT SELLING IN THE DIGITAL WORLD COMPANY PRESENTATION
WÜRTH GROUP DIRECT SELLING IN THE DIGITAL WORLD COMPANY PRESENTATION Joachim Kaltmaier, CFO & Member of the Central Managing Board LBBW International Fixed Income Conference Stuttgart, 29 September 2015
More informationQ RESULTS. INTERMONTE November 22 th, Company Presentation
Q3 2012 RESULTS INTERMONTE November 22 th, 2012 Company Presentation Disclaimer Certain statements in this slide show, including those addressing the Company s beliefs, plans, objectives, estimates or
More informationIntroduction to ASSA ABLOY
The ASSA ABLOY Group is the world s leading manufacturer and supplier of locks and associated products, dedicated to satisfying end-user needs for security, safety and convenience. Roadshow Q1 2001 Introduction
More informationROFIN-SINAR Technologies Inc. Investor Presentation. Nasdaq RSTI US WKN Fiscal Year 2011 / 6 Months
ROFINSINAR Technologies Inc. Investor Presentation Nasdaq RSTI US 7750431022 WKN 902757 Fiscal Year 2011 / 6 Months SAFE HARBOR STATEMENT Safe Harbor Statement Under the Private Security Litigation Reform
More informationPress release from ASSA ABLOY AB (publ)
Press release from ASSA ABLOY AB (publ) 5 November, 1998, No. 16 INTERIM REPORT, JANUARY-SEPTEMBER, 1998 Sales increased by 28% to 6317 MSEK (4949) The organic sales growth for comparable units amounted
More information2010 Electrical Products Group Conference
2010 Electrical Products Group Conference Ed Breen Chairman & Chief Executive Officer May 19, 2010 Forward-Looking Statements / Safe Harbor Certain statements in this presentation are forward-looking
More informationCreating a Global Industrial Leader
Johnson Click to edit Master Controls title style and Tyco Creating a Global Industrial Leader NO OFFER OR SOLICITATION This communication is not intended to and does not constitute an offer to sell or
More informationams Q results Alexander Everke, CEO Michael Wachsler-Markowitsch, CFO Moritz M. Gmeiner, Head of IR October 2017
ams Q3 2017 results Alexander Everke, CEO Michael Wachsler-Markowitsch, CFO Moritz M. Gmeiner, Head of IR October 2017 Sensing enables life Sensors an integral part of the digital transformation Augmented
More informationAlmacenes Éxito S.A. Consolidated Financial Results
Almacenes Éxito S.A. Consolidated Financial Results 2011 For the quarter and twelve-month period ended December 31, 2011 The New Surtimax La Paz Bosa store. BVC (The Colombian Stock Exchange): ÉXITO ADR
More informationGlobal and China Industrial Laser Industry. July 2018
Global and China Industrial Laser Industry Report, 2018-20222022 July 2018 STUDY GOAL AND OBJECTIVES This report provides the industry executives with strategically significant competitor information,
More informationANNUAL RESULTS STAR CONFERENCE March 23 rd, 2011
ANNUAL RESULTS 2010 STAR CONFERENCE March 23 rd, 2011 SUMMARY 1 THE GLOBAL LASER MARKET 2 EL.EN. GROUP 3 2010 RESULTS 4 2011 GUIDANCE 1 THE GLOBAL LASER MARKET LASER Light Amplification Stimulated by Emission
More informationROFIN-SINAR Technologies Inc. Investor Presentation. Nasdaq RSTI US WKN Fiscal Year 2011 / 9 Months
ROFINSINAR Technologies Inc. Investor Presentation Nasdaq RSTI US 7750431022 WKN 902757 Fiscal Year 2011 / 9 Months SAFE HARBOR STATEMENT Safe Harbor Statement Under the Private Security Litigation Reform
More informationJefferies Global Consumer Conference June 18, 2014
Jefferies Global Consumer Conference Forward Looking Statements Certain statements made in this presentation that are not based on historical information are forward-looking statements which are made pursuant
More informationNASDAQ Global Select: IIVI Bank of America Merrill Lynch 2014 Smid Cap Conference
A Global Leader in Engineered Materials & Opto-electronic Components NASDAQ Global Select: IIVI Bank of America Merrill Lynch 2014 Smid Cap Conference Craig A. Creaturo, Chief Financial Officer and Treasurer
More informationA World of Opportunity. Investor Presentation
A World of Opportunity Investor Presentation October 2018 Forward-looking Statements Certain of the statements in this presentation may include forward-looking statements as defined in the Private Securities
More informationFY2017 First Six Months Consolidated Business Results
FY2017 First Six Months Consolidated Business Results November 8, 2017 Content 1. Key Messages 2. FY2017 First Six Months Consolidated Business Results 3. FY2017 Forecast 1 Key Messages Operating income
More informationJP Morgan 40 th Annual Technology Conference. May 15, 2012
JP Morgan 40 th Annual Technology Conference Forward Looking Statements Certain statements made in this presentation that are not based on historical information are forward-looking statements which are
More informationNovember 14, Rich Meelia President & CEO
November 14, 2007 Rich Meelia President & CEO Forward-Looking Statements This presentation contains certain forward-looking statements within the meaning of the United States Private Securities Litigation
More informationPre-seen case study for Strategic level examinations Papers E3, P3 and F3. For examinations in May 2014 and September 2014
Pre-seen case study for Strategic level examinations Papers E3, P3 and F3 For examinations in May 2014 and September 2014 PRE-SEEN MATERIAL, PROVIDED IN ADVANCE FOR PREPARATION AND STUDY FOR THE EXAMINATIONS
More informationJP Morgan TMT Conference May 21, 2014
JP Morgan TMT Conference May 21, 2014 Forward Looking Statements Certain statements made in this presentation that are not based on historical information are forward-looking statements which are made
More informationProtecting America s Homes, Schools and Businesses! May 2016 Corporate Presentation
Protecting America s Homes, Schools and Businesses! May 2016 Corporate Presentation 1 Forward Looking Statements This presentation may contain forward-looking statements that involve numerous risks and
More informationINVESTOR PRESENTATION
TOUCHCORP LIMITED ASX:TCH WWW.TOUCHCORP.COM INVESTOR PRESENTATION $25.6M CAPITAL RAISING SEPTEMBER 2016 TOUCHCORP LIMITED 1 TOUCH SERVICE OFFERING TOUCHCORP NOW OFFERS ITS CUSTOMERS A COMPLETE OMNI-CHANNEL
More informationAlmacenes Éxito S.A. Consolidated Financial Results 2011
Almacenes Éxito S.A. Consolidated Financial Results 2011 For the second quarter and six-month period ended June 30, 2011 Expansion in intermediate cities: Éxito Yopal store BVC (The Colombian Stock Exchange):
More information2016 First Quarter Results
LOTTE SHOPPING CO., LTD 2016 First Quarter Results May, 2016 INVESTOR RELATIONS Disclaimer The financial information in this document are consolidated earnings results based on K-IFRS. This release includes
More informationAlmacenes Éxito S.A. Consolidated Financial Results
Almacenes Éxito S.A. Consolidated Financial Results For the second quarter and six-month period ended June 30, Viva Caucasia Shopping Mall BVC (The Colombian Stock Exchange): ÉXITO ADR Program: ALAXL Medellín,
More informationSTARHILL GLOBAL REIT REPORTS 11.4% INCREASE IN 2Q 2010 GROSS REVENUE
Media release by: YTL Starhill Global REIT Management Limited (YTL Starhill Global) Manager of: Starhill Global Real Estate Investment Trust (Starhill Global REIT) STARHILL GLOBAL REIT REPORTS 11.4% INCREASE
More informationProtecting America s Homes, Schools and Businesses! February 2017 Corporate Presentation
Protecting America s Homes, Schools and Businesses! February 2017 Corporate Presentation 1 Forward Looking Statements This presentation may contain forward-looking statements that involve numerous risks
More informationJefferies 2015 Global Consumer Conference June 23, Robots That Make A Difference
Jefferies 2015 Global Consumer Conference Robots That Make A Difference Forward Looking Statements Certain statements made in this presentation that are not based on historical information are forward-looking
More information2017 Half-year Results Supplementary Information
207 Half-year Results Supplementary Information To be read in conjunction with the 207 Half-year Results Briefing Presentation to be held on Wednesday, 5 February 207 Presentation outline Item Page Group
More informationDISPOSAL GALERIA KAUFHOF. 15 June 2015
DISPOSAL GALERIA KAUFHOF 15 June 2015 DISCLAIMER AND NOTES To the extent that statements in this presentation do not relate to historical or current facts, they constitute forward-looking statements. All
More informationMETRO GROUP continues operational improvement trend in 2014/15
15 December 2015 1/11 METRO GROUP continues operational improvement trend in 2014/15 EBIT before special items totalling 1,511 million, influenced by the negative impact of exchange rate effects amounting
More informationInterim Report HORNBACH-BAUMARKT-AG GROUP FIRST HALF-YEAR 2004/2005 (MARCH 1 - AUGUST 31, 2004)
Interim Report HORNBACH-BAUMARKT-AG GROUP FIRST HALF-YEAR 2004/2005 (MARCH 1 - AUGUST 31, 2004) Page 2 HORNBACH-BAUMARKT-AG Group Interim Report (IFRS) for the First Half-Year 2004/2005 (March 1 August
More informationLATIN AMERICA EXECUTIVE CONFERENCE
LATIN AMERICA EXECUTIVE CONFERENCE January 2013 FALABELLA CONSOLIDATED STATEMENTS BUSINESS UNITS INVESTMENT PLAN MORE THAN 120 YEARS OF HISTORY 1889 Salvatore Falabella opens the first large tailor shop
More informationHigh Reliability Solutions Overview Paul Humphries May 31, 2012
High Reliability Solutions Overview Paul Humphries May 31, 2012 High Reliability Solutions (HRS) Markets We Serve Medical Solutions Consumer Diagnostics & Drug Delivery Disposable Devices Lab Diagnostics,
More informationWorld Leadership in High Power Fiber Lasers. IPG Photonics Corporation (NASDAQ: IPGP) August 2010
World Leadership in High Power Fiber Lasers IPG Photonics Corporation (NASDAQ: IPGP) August 2010 www.ipgphotonics.com Safe Harbor Statement The statements in this presentation that relate to future plans,
More informationINTERIM REPORT. 1st QUARTER 2011/2012 HORNBACH HOLDING AG GROUP (MARCH 1 MAY 31, 2011)
INTERIM REPORT HORNBACH HOLDING AG GROUP 1st QUARTER 2011/2012 (MARCH 1 MAY 31, 2011) 2 HORNBACH HOLDING AG GROUP INTERIM REPORT: 1 ST QUARTER OF 2011/2012 HORNBACH HOLDING AG GROUP Interim Report for
More informationSteinhoff International, MARKUS JOOSTE HISTORY AND DEVELOPMENT OF STEINHOFF
Steinhoff International, MARKUS JOOSTE HISTORY AND DEVELOPMENT OF STEINHOFF WELCOME 2 HISTORY: STEINHOFF INVOLVED IN HOUSEHOLD GOODS TRADING SINCE 1963 1963-1990: Sourcing in the East for the West City:
More informationScS Group Plc Interim Results For The 26 Weeks Ended 24 January 2015 March 2015
ScS Group Plc Interim Results For The 26 Weeks Ended 24 January 2015 March 2015 October 2014 H1 2015 Highlights Financial Highlights: Like for like sales order intake up 7.8% Flooring up 13.0% Total sales
More informationOppenheimer Technology, Internet & Communications Conference. August 8,
R Oppenheimer Technology, Internet & Communications Conference August 8, 2018 1 Forward Looking Statements Certain statements made in this presentation that are not based on historical information are
More informationGENERAL INFORMATION HELLA GmbH & Co. KGaA
GENERAL INFORMATION HELLA GmbH & Co. KGaA Version: August 24, 2018 Press contact: Dr. Markus Richter Company spokesman HELLA GmbH & Co. KGaA Rixbecker Straße 75 59552 Lippstadt Deutschland Tel.: +49 (0)2941
More informationThe NASDAQ 37th Investor Program. December 5,
R The NASDAQ 37th Investor Program December 5, 2017 1 Forward Looking Statements Certain statements made in this presentation that are not based on historical information are forward-looking statements
More information$3.6B $3.8B $3.7B $3.8B
2014 FACT SHEET GREAT POSITIONS IN GOOD INDUSTRIES Honeywell s Great Positions in Good Industries has been a huge driver of our portfolio development. In over a decade, we ve added more than $11 billion
More informationJefferies 2013 Global Technology, Media and Telecom Conference May 8, 2013 New York City, NY
Jefferies 2013 Global Technology, Media and Telecom Conference May 8, 2013 New York City, NY 1 Safe Harbor Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995. Comments made
More informationCOMPANY PRESENTATION. We Laser your World
COMPANY PRESENTATION We Laser your World COMPANY VISIT, Samarate June 22nd, 2017 DISCLAIMER Certain statements in this slide show, including those addressing the Company s beliefs, plans, objectives, estimates
More informationB&M European Value Retail SA Interim Results Presentation 26 weeks to 23 rd September 2017
B&M European Value Retail SA Interim Results Presentation 26 weeks to 23 rd September 2017 Interim FY18 Group Highlights Group revenues increased by 21.7% to 1,346.4m B&M LFL revenues +7.5%, Q2 LFL +7.7%
More informationATLAS COPCO CREATES VACUUM TECHNIQUE
ATLAS COPCO CREATES VACUUM TECHNIQUE August 18, 2016 New Group structure from January 1, 2017 2 WHY SEPARATE BUSINESS AREA? Vacuum Vacuum is a growth area Vision is to become global market leader in vacuum
More information