Gooch & Housego Plc · LSE:GHH
Gooch & Housego — Shareholder Meeting (February 2020)
8 slides from Gooch & Housego's shareholder meeting presentation, Feb 19, 2020
Slide 1: Annual General Meeting
ANNUAL GENERAL MEETING 19 February 2020 CEO Mark Webster
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 manufa
Slide 3: Key highlights, FY 2019
Key highlights, FY 2019 • Trading: as previously disclosed, challenging macro-economic environment in our industrial laser sector, contrasted with record levels of demand for fibre optics, hi- reliability fibre couplers used in undersea cables and life science products • Industrial laser products: w
Slide 4: Financial Overview
Financial Overview Financial Track Record Revenue £’m H1 H2 Adjusted PBT £’m Key points: 140 20 18 120 16 14 13% CAGR in 100 80 12 revenues since FY2010 10 60 8 40 6 4 11% CAGR in adjusted 20 2 0 0 PBT since FY2010 21% CAGR in Dividends pps Net Debt / Cash £’m dividends since 14 Final 20 FY201
Slide 5: First four months FY2020
First four months FY2020 • First four months reflect previously reported trends. Challenging macro-economic environment for industrial laser sector, contrasts with high levels of demand for fibre optics, hi-reliability fibre couplers used in undersea cables and our A&D and life science capabilities.
Slide 6: Our Strategy
Our Strategy Remains diversification & moving up the value chain Diversify Aim to establish ‘critical mass’ in both the A&D and Life Science sectors and in an ‘ideal world’ there would be an equal split between the three market sectors across G&H. A&D represents 34% of FY 2019 revenue, Life Sciences
Slide 7: R&D – Enabling New Applications
R&D – ENABLING NEW APPLICATIONS Industrial Bio- Space Defence Sensing lasers photonics Optics & fibre- Fibre-optic Laser-comm sub- Faster & shorter optics for Laser components for systems for wavelength Directed Energy Laser transmitters early diagnosis of cubesat platforms deflectors for high Weapo
Slide 8: Summary and Outlook
Summary and Outlook • G&H has a world class photonics capability and is well placed to take advantage of the opportunities in our target sectors • FY 2019 was a challenging year given the cyclical downturn in the industrial laser market and the impact of the US/China trade dispute • During FY 2019 w
Gooch & Housego — Shareholder Meeting (February 2020) on 6ix