Gooch & Housego Plc · LSE:GHH
Gooch & Housego — Shareholder Meeting (February 2018)
9 slides from Gooch & Housego's shareholder meeting presentation, Feb 21, 2018
Slide 1: Annual General Meeting
ANNUAL GENERAL MEETING 21 February 2018 Chairman: Gareth Jones / CEO: Mark Webster / CFO: Andrew Boteler
Slide 2: Photonics and the future
Photonics and the future Photonics is the study and design of systems that depend on the transmission, modulation or amplification of streams of photons, the basic unit of light. • Photonics is increasingly providing better solutions than electronics alone • Photonics is already transforming manufac
Slide 3: Highlights
Highlights Operational & Financial Highlights Strong financial performance set against a backdrop of favourable market conditions. Demand particularly high for critical components used in precision lasers for microelectronic manufacturing and hi-reliability fibre couplers used in undersea cable
Slide 4: Financial Overview
Financial Overview Financial Track Record Key points: Revenue £’m H1 H2 Adjusted PBT £’m 120 18 The business has delivered 16 profitable growth over an eight 100 14 year period. 80 12 10 60 8 15% CAGR in revenues since 40 6 FY2009. 4 20 2 23% CAGR in adjusted PBT 0 0 since FY2009. 26% CAGR i
Slide 5: Current trading and 2018 outlook
2018 • Overall market trends were positive during the first 4 months • Demand for critical components for microelectronic manufacturing are at unprecedented levels • Slow down in demand for hi- reliability fibre couplers for undersea cables, which we expect to come back during the second half the ye
Slide 6: Performance improvement programme
Performance improvement programme • Building on the good work done in integrating the core manufacturing functions, we have folded the ten manufacturing sites in to three manufacturing centres, based on technological capabilities, namely Acousto Optic/ Electro Optic, Precision Optic and Fibre Optic.
Slide 7: G&H's Major R&D Programs
G&H’s 6 Major R&D Programs Major R&D Sites New Product Development Program Space Torquay Low Noise & High Power Optical Amplifiers Comms Boston Laser Transmitter OCT Torquay Small Form Factor Delay Line Boston Compact Optical Spectrometer AO Devices Ilminster Variants of the Next Gen Smart AOD Drive
Slide 8: Our Strategy
Our Strategy Remains “Diversify” & “Move up the Value Chain” Diversify Exploit high-growth opportunities for photonics technology in targeted sectors to provide balance and reduce cyclicality. Establish critical mass in the A&D and Life Sciences sectors through a combination of investment in R&D and
Slide 9: Summary & Outlook
Summary & Outlook • Photonics is transforming manufacturing, aerospace, communications and medicine • G&H has a world class photonics capability and is well placed to take advantage • We will continue with an active policy of progressing towards a more diverse and balanced business, by building ‘cri
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