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 Act Durg the course this presentation, we will make projections or other forwardlookg statements regardg future events or the future fancial performance the Company. We wish to caution you that such statements reflect only our current expectations, that actual events or results may differ materially. We refer you to the risk factors cautionary language contaed the documents that the Company files from time to time with the Securities Exchange Commission, cludg the Company s Annual Report on Form 10K for the fiscal year ended September 30, 2010. Such documents conta identify important factors that could cause our actual results to differ materially from those contaed our projections or forwardlookg statements. We undertake no obligation to update such projections or such forwardlookg statements the future. Slide 2
THE COMPANY is a global leader the design, manufacture marketg dustrial lasers laser based products used material processg applications Overview Headquartered Plymouth, MI, Hamburg (Germany) Revenues FY 2011/9M: $428.2 million FY 2010: $423.6 million Worldwide > 2,000 employees Over 4,000 customers worldwide MICRO & MARKING 50% COMPO NENTS 10% MACRO MICRO & MARKING COMPONENTS Global sales & service network MACRO 40% Installed base over 38,000 laser units Revenues with service & spare parts > 25% revenues ASIA 35% NORTH AMERICA 18% EUROPE 47% NORTH AMERICA ASIA EUROPE Company Slide 3
TECHNOLOGIES Technologies Primary Applications Gas lasers: CO 2 lasers Solidstate lasers: Lamp diodepumped lasers Fiber lasers Semiconductor lasers: Diode lasers Cuttg, weldg, surface treatment (i. e. structurg), perforatg, drillg, markg Cuttg, weldg, surface treatment (i.e. ablation, structurg, cleansg), drillg, markg Heat conduction weldg, brazg, hardeng, solderg Technology Slide 4
MARKETS & GROWTH DRIVERS Sales: FY 2011/9M: $428.2 million (FY 2010: $423.6 million) FY 2010/9M: $299.2 million (FY 2009: $349.6 million) Primary Markets Mache tool 38% Automotive & SubSuppliers 7% Consumer electronics Photovoltaics 28% Semiconductor Hot Spots & Growth Drivers Hot spot: Cha; potential growth through fiber lasers Worldwide busess; potential growth through fiber lasers Hot spot: Asia (EMS), new product troductions Mass production moved to Asia Hot spot: Asia; creased volumes Medical device dustry Flexible packagg 27% North America; Future potential Asia Focus Europe; Asia: Tip paper perforation Jewelry Others % laser related sales 9M/FY 2011 North America & Europe i.e. M&D, Aerospace, SmartCard, Watch Company Slide 5
FOCUSED SALES LASERS & LASER SYSTEMS MACRO Cuttg Weldg Surface Treatment ROFIN BRAND MARKING VectorMarkg OEM Mache Tool Smart Cards Labels Automotive & SubSuppliers Electronics MICRO Fe Cuttg Fe Weldg Micro Structurg Perforatg Polymers Tool & Die Glass & Displays Surfaces Jewelry Photovoltaic Packagg Consumer Goods Semicon/Electronics Medical Device ADDITIONAL GROUP BRANDS LASERS PRC Laser CO 2 laser sources Lee Laser Laser sources NELC CO 2 laser sources Company Slide 6
FOCUSED SALES LASER COMPONENTS ADDITIONAL GROUP BRANDS COMPONENTS Laser diodes, diode technology Fibers, fiber laser technology Optics, beam deliveries, power supplies Primary markets Primary markets Primary markets Avionics / Aerospace Defense Image Recordg Instrumentation Industrial Laser Industry Medical Spectroscopy Laser Industry Medical Industrial Scientific Avionics / Aerospace Defense Industrial Laser Industry Medical Scientific Industrial Laser Industry Laser Industry Maly highpower laser manufacturers Laser Industry Company Slide 7
KEY FINANCIALS HISTORICAL OVERVIEW (Mio. US$) 700 Revenue Order Entry Order Backlog Net Income * 65 Revenue Order Entry Order Backlog 600 500 400 300 200 100 222,0 258,0 323,0 375,0 420,9 479,7 575,3 349,6 423,6 428,2 Tople Guidance $588 million NI: 42,8 60 55 50 45 40 35 30 25 20 15 10 Net Income * 5 0 2002 2003 2005 2006 2007 2008 2009 2010 2011/9M US$/Euro Exchange Rate: 1,09 0,93 0,83 0,79 0,81 0,75 0,67 0,74 0,74 0,72 0 * Attributable to RSTI Fancials Slide 8
GROWTH STRATEGY Key Items Focus on new markets applications 1 2 3 4 5 6 Capitalize on our global presence to attract new customers Develop new laser products through technological novation Further expansion emergg regions Offer customized solutions based on stard platforms Acquire complementary busess operations, products or technologies Strategy Slide 9
Common Stock ROFIN s Common Stock Nasdaq: Frankfurt Stock Exchange: sce 1996 RSTI sce July 2001 ISIN: US7750431022 Indices: Russell 2000, S&P SmallCap 600 Shares O/S (diluted, after split): ~ 29.2 million (FY2011/9M) Freefloat: ~ 100% Share distribution: ~ 90% USA, ~ 10% Europe/ROW Fiscal year ends Sept. 30 Earngs results 4 th quarter FY 2011: November 4, 2011 Investor Relations Contact: ROFINSINAR Technologies Inc. Kathara Manok c/o ROFINSINAR Laser GmbH Tel.: ++4940733634256 Berzeliusstrasse 87 Fax: ++4940733634138 22113 Hamburg, Germany email: ir@r.com www.r.com Common Stock Slide 10
Company History Milestones 1975 1975 Foundg Foundg RSar RSar Laser Laser 1987 1987 Acquired Acquired by by Siemens Siemens 1988 1988 Spectra Spectra Physic s Physic s Industrial Industrial Laser Laser Division Division the the US US 1989 1989 LaserOptronic LaserOptronic Germany Germany (laser (laser markg markg systems) systems) 1996 1996 Spun Spun f f from from Siemens Siemens (IPO (IPO on on Nasdaq Nasdaq Stock Stock Exchange) Exchange) 1997 1997 Dilas Dilas Diodenlaser, Diodenlaser, Germany Germany 1998 1998 Palomar Palomar Technology Technology UK UK (today (today RSar RSar UK) UK) 2000 2000 Carl Carl Baasel Baasel Lasertechnik, Lasertechnik, Germany Germany 2001 2001 ZLaser ZLaser S.A., S.A., Spa Spa 2001 2001 Secondary Secondary listg listg at at the the Frankfurt Frankfurt Stock Stock Exchange Exchange (TecDAX (TecDAX 2010) 2010) 2002 2002 Expansion Expansion Asia; Asia; Founded Founded subsidiaries subsidiaries Taiwan Taiwan Korea Korea Optosk, Optosk, Sweden Sweden Secondary Secondary ferg ferg 2.86 2.86 Mio Mio shares shares at at $28 $28 PRC PRC Lee Lee Laser, Laser, USA USA 2005 2005 Founded Founded subsidiaries subsidiaries Cha, Cha, Canada Canada USA USA (Dilas (Dilas Diode Diode Laser, Laser, Inc.) Inc.) 2007 2007 Corelase Corelase Oy, Oy, m2klaser m2klaser GmbH, GmbH, ES ES Technology Technology 2008 2008 Nufern, Nufern, USA USA (fibers (fibers fiber fiber laser laser technology) technology) 2008 2008 Foundation Foundation ROFINBAASEL ROFINBAASEL Swiss Swiss AG AG 2008 2008 Formed Formed Nanjg Nanjg Eastern Eastern Technologies Technologies Dilas Dilas Diodelaser Diodelaser Cha Cha 2009 2009 Closed Closed acquisition acquisition Chabased Chabased NELC NELC 2010 2010 Acquired Acquired LASAG LASAG AG AG (Thun/Switzerl) (Thun/Switzerl) its its worldwide worldwide activities activities Appendix Company Slide 11
Worldwide Production, Sales & Service Network Local Presence Global Success More than 20 production facilities North America, Europe & Asia Customer service support over 50 countries Approx. 140 sales engeers & about 375 customer service personnel Regional & dustry specialized sales engeers Appendix Company Slide 12
Group Structure Employees per 30.9.: approx. 1400 ROFINSINAR Technologies Inc. Plymouth, USA 80 % 80 % Lee Laser, Inc. Orlo, USA Corelase Oy Tampere, Fl PRC Laser Corp. Lg, USA PRC Europe NV Oudenaarde, Belgium Nufern East Granby, USA Nanjg Eastern Technologies Co.Ltd. Nanjg, Cha Nanjg Eastern LASER Co., Ltd. Nanjg, Cha ROFINSINAR, Inc. Plymouth, USA ROFINSINAR Technologies Europe S.L., Barcelona, Spa DILAS Diode Laser, Inc. Tucson, USA ROFINBAASEL Canada Ltd., Toronto, Canada ROFINBAASEL UK Ltd. Daventry, UK ROFINSINAR Laser GmbH Hamburg / Munich, Germany ES Technology Ltd. Oxford, UK ROFINBAASEL Cha Co., Ltd. Shanghai, Cha ROFINBAASEL Japan Corp. Atsugi, Japan 80 % 88 % 80% RASANTALCOTEC Besch. GmbH Overath, Germany OPTOSKAND AB Gothenburg, Sweden m2klaser GmbH Freiburg, Germany LASAG AG Thun, Switzerl 95 % 95 % DILAS Diodenlaser GmbH Maz, Germany Dilas Diodelaser Cha Co. Ltd., Nanjg, Cha ROFINBAASEL Italiana S.r.l. Monza, Italy ROFINBAASEL Lasertech GmbH & Co. KG Starnberg, Germany ROFINBAASEL, Inc. Devens / Chler, USA WBPRC Laser Service GmbH Zornedg, Germany PMB Elektronik GmbH Starnberg, Germany ROFINBAASEL Swiss AG Biel, Switzerl ROFINBAASEL Sgapore Pte. Ltd. Sgapore ROFINBAASEL Taiwan Ltd. Taipei, Taiwan ROFINBAASEL France S.A. Paris, France ROFINSINAR UK Ltd. Willerby, UK ROFINBAASEL Espana S.L. Pamplona, Spa Employees as per June 30, 2011: 2,059 85 % H2B Photonics GmbH Starnberg, Germany ROFINBAASEL Korea Co., Ltd. Seoul, Korea ROFINBAASEL Benelux B.V. Ablasserdam, Netherls Appendix Company Slide 13
Product Portfolio CO 2 Laser Sources Diode Lasers SealedOff Laser 100 600 W DiffusionCooled CO 2 Laser 1,000 8,000 W FastAxialFlow CO 2 Laser 1,000 8,000 W StarShape CO 2 HighPower Diode Laser 700 3,600 W LowPower Diode Laser 120 400 W CO 2 Laser Systems Diode Lasers Systems Remote Weldg System Prile Weldg System Laser Perforation System CO 2 Laser Markg System Multiscan Marker FiberCoupled Diode Laser System Direct Beam Diode Laser System Appendix Company Slide 14
Product Portfolio SolidState Laser Sources Disc Laser 750 3,000 W QSwitched Laser 500 1,000 W HighPower Fiber Laser 500 4,000 W StarFiber 100 600 W StarPulse Laser 40 500 W StarCut Laser 12 150 W StarDisc Laser Green Nd:YAG Laser DiodeEndPumped Lasers Picosecond Fiber Laser SolidState Laser Systems Stent Cuttg System Universal Laser Weldg System CUBE Workstation (Cuttg, Weldg, Markg) Manual Weldg Laser System Manual Weldg Laser System Precision Laser Marker DiodePumped Laser Marker Fiber Laser Marker Desktop Marker Appendix Company Slide 15